ØYE MASKIN AS

6170 VARTDAL

Finances

Return on Equity

5,69 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 154 000	30 651 000	20 426 000	26 284 000
Net Income	243 000	638 000	−49 000	559 000
Total Assets	12 035 000	13 367 000	10 340 000	12 541 000
Total Equity	4 268 000	4 026 000	3 787 000	3 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 154 000	30 651 000	20 426 000	26 284 000
Expenditure	23 661 000	29 721 000	20 395 000	25 340 000
Operating Profit	492 000	931 000	31 000	944 000
Financial Income	34 000	23 000	122 000	24 000
Financial Costs	211 000	135 000	215 000	249 000
Financial Balance	−177 000	−112 000	−93 000	−225 000
Earnings Before Tax	315 000	818 000	−62 000	719 000
Tax	73 000	179 000	−13 000	160 000
Net Income	243 000	638 000	−49 000	559 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	633 000	427 000	501 000	426 000
Total Current Assets	11 401 000	12 940 000	9 839 000	12 115 000
Total Assets	12 035 000	13 367 000	10 340 000	12 541 000
Total Retained Equity	3 866 000	3 624 000	3 385 000	3 434 000
Total Equity	4 268 000	4 026 000	3 787 000	3 836 000
Total Long-Term Debt	0	0	95 000	195 000
Total Current Debt	7 766 000	9 342 000	6 457 000	8 510 000
Total Equity and Debt	12 035 000	13 367 000	10 340 000	12 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 154 000	30 651 000	20 392 000	26 284 000
Other Income	0	0	34 000	0
Revenue	24 154 000	30 651 000	20 426 000	26 284 000
Cost of Goods Sold	18 722 000	24 879 000	16 304 000	20 957 000
Salary Costs	3 236 000	2 981 000	2 616 000	2 806 000
Depreciation	60 000	62 000	48 000	44 000
Impairment	0	0	0	0
Expenditure	23 661 000	29 721 000	20 395 000	25 340 000
Operating Profit	492 000	931 000	31 000	944 000
Financial Income	34 000	23 000	122 000	24 000
Financial Costs	211 000	135 000	215 000	249 000
Financial Balance	−177 000	−112 000	−93 000	−225 000
Dividends	0	0	0	0
Net Income	243 000	638 000	−49 000	559 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	113 000	127 000	114 000
Real Eastate	0	0	50 000	50 000
Machinery and Plant Facilities	150 000	11 000	16 000	21 000
Fixtures	204 000	115 000	172 000	105 000
Total Tangible Assets	355 000	126 000	237 000	175 000
Total Fiancial Fixed Assets	188 000	188 000	137 000	137 000
Total Fixed Assets	633 000	427 000	501 000	426 000
Stock	8 681 000	9 966 000	8 893 000	8 098 000
Total Investments	0	0	0	0
Cash, Bank	147 000	122 000	98 000	97 000
Total Current Assets	11 401 000	12 940 000	9 839 000	12 115 000
Total Assets	12 035 000	13 367 000	10 340 000	12 541 000
Total Equity	4 268 000	4 026 000	3 787 000	3 836 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	95 000	195 000
Creditors	2 151 000	5 100 000	1 742 000	2 629 000
Unpaid Taxes	557 000	324 000	529 000	659 000
Dividends	0	0	0	0
Other Current Debt	1 497 000	1 044 000	1 007 000	1 177 000
Total Current Debt	7 766 000	9 342 000	6 457 000	8 510 000
Total Equity and Debt	12 035 000	13 367 000	10 340 000	12 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,69 %	15,85 %	−1,29 %	14,57 %
Debt-to-Equity Ratio	0	0	0,03	0,05
Operating Profit Margin	2,04 %	3,04 %	0,15 %	3,59 %
Current Ratio	1,47	1,39	1,52	1,42
Quick Ratio	−12,46	−20,74	−4,04	29,41
Equity Ratio	0,35	0,3	0,37	0,31
Gross Profit Margin	22,49 %	18,83 %	20,18 %	20,27 %