EFTEVÅG MASKIN AS

4639 KRISTIANSAND S

Finances

Return on Equity

−25,21 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 541 000	8 991 000	10 407 000	12 620 000
Net Income	−1 699 000	597 000	1 482 000	1 713 000
Total Assets	9 070 000	11 606 000	11 058 000	10 687 000
Total Equity	6 739 000	8 439 000	7 793 000	7 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 541 000	8 991 000	10 407 000	12 620 000
Expenditure	9 661 000	8 250 000	8 422 000	10 399 000
Operating Profit	−2 119 000	741 000	1 986 000	2 222 000
Financial Income	2 000	26 000	3 000	5 000
Financial Costs	0	2 000	23 000	17 000
Financial Balance	2 000	24 000	−20 000	−12 000
Earnings Before Tax	−2 117 000	765 000	1 965 000	2 210 000
Tax	−418 000	168 000	483 000	497 000
Net Income	−1 699 000	597 000	1 482 000	1 713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 478 000	3 147 000	2 846 000	3 792 000
Total Current Assets	5 591 000	8 459 000	8 212 000	6 896 000
Total Assets	9 070 000	11 606 000	11 058 000	10 687 000
Total Retained Equity	6 697 000	8 397 000	7 751 000	7 469 000
Total Equity	6 739 000	8 439 000	7 793 000	7 511 000
Total Long-Term Debt	0	222 000	266 000	1 143 000
Total Current Debt	2 340 000	2 945 000	2 999 000	2 033 000
Total Equity and Debt	9 079 000	11 606 000	11 058 000	10 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 134 000	8 587 000	9 369 000	10 972 000
Other Income	−593 000	404 000	1 038 000	1 648 000
Revenue	7 541 000	8 991 000	10 407 000	12 620 000
Cost of Goods Sold	2 916 000	2 163 000	2 303 000	2 994 000
Salary Costs	2 348 000	2 507 000	2 401 000	2 987 000
Depreciation	310 000	357 000	374 000	366 000
Impairment	0	0	0	0
Expenditure	9 661 000	8 250 000	8 422 000	10 399 000
Operating Profit	−2 119 000	741 000	1 986 000	2 222 000
Financial Income	2 000	26 000	3 000	5 000
Financial Costs	0	2 000	23 000	17 000
Financial Balance	2 000	24 000	−20 000	−12 000
Dividends	0	0	1 200 000	0
Net Income	−1 699 000	597 000	1 482 000	1 713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	196 000	0	0	0
Real Eastate	118 000	0	0	1 078 000
Machinery and Plant Facilities	1 309 000	1 435 000	1 668 000	1 695 000
Fixtures	17 000	30 000	45 000	41 000
Total Tangible Assets	1 444 000	1 464 000	1 712 000	2 814 000
Total Fiancial Fixed Assets	1 839 000	1 682 000	1 134 000	978 000
Total Fixed Assets	3 478 000	3 147 000	2 846 000	3 792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 700 000	4 922 000	6 148 000	3 779 000
Total Current Assets	5 591 000	8 459 000	8 212 000	6 896 000
Total Assets	9 070 000	11 606 000	11 058 000	10 687 000
Total Equity	6 739 000	8 439 000	7 793 000	7 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	222 000	266 000	1 143 000
Creditors	790 000	835 000	620 000	1 086 000
Unpaid Taxes	511 000	429 000	442 000	479 000
Dividends	0	0	1 200 000	0
Other Current Debt	221 000	1 469 000	265 000	273 000
Total Current Debt	2 340 000	2 945 000	2 999 000	2 033 000
Total Equity and Debt	9 079 000	11 606 000	11 058 000	10 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,21 %	7,07 %	19,02 %	22,81 %
Debt-to-Equity Ratio	0	0,03	0,03	0,15
Operating Profit Margin	−28,1 %	8,24 %	19,08 %	17,61 %
Current Ratio	2,39	2,87	2,74	3,39
Quick Ratio	2,39	2,87	2,74	3,39
Equity Ratio	0,74	0,73	0,7	0,7
Gross Profit Margin	61,33 %	75,94 %	77,87 %	76,28 %