ESPEDAL MASKINSERVICE AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

9,71 %

Current Ratio

1,84

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 844 000	2 443 000	1 922 000	1 648 000
Net Income	89 000	546 000	303 000	327 000
Total Assets	3 418 000	1 426 000	989 000	984 000
Total Equity	917 000	829 000	482 000	479 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 844 000	2 443 000	1 922 000	1 648 000
Expenditure	1 715 000	1 742 000	1 531 000	1 230 000
Operating Profit	129 000	701 000	389 000	418 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	0	1 000	0
Financial Balance	−15 000	0	−1 000	1 000
Earnings Before Tax	114 000	701 000	388 000	419 000
Tax	25 000	154 000	85 000	92 000
Net Income	89 000	546 000	303 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 359 000	286 000	308 000	153 000
Total Current Assets	1 059 000	1 139 000	682 000	831 000
Total Assets	3 418 000	1 426 000	989 000	984 000
Total Retained Equity	887 000	799 000	452 000	449 000
Total Equity	917 000	829 000	482 000	479 000
Total Long-Term Debt	1 925 000	0	0	0
Total Current Debt	575 000	597 000	507 000	504 000
Total Equity and Debt	3 418 000	1 426 000	989 000	984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 844 000	2 442 000	1 922 000	1 648 000
Other Income	0	0	0	0
Revenue	1 844 000	2 443 000	1 922 000	1 648 000
Cost of Goods Sold	916 000	962 000	860 000	616 000
Salary Costs	220 000	333 000	212 000	172 000
Depreciation	119 000	76 000	103 000	153 000
Impairment	0	0	0	0
Expenditure	1 715 000	1 742 000	1 531 000	1 230 000
Operating Profit	129 000	701 000	389 000	418 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	0	1 000	0
Financial Balance	−15 000	0	−1 000	1 000
Dividends	0	200 000	300 000	300 000
Net Income	89 000	546 000	303 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	33 000	38 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 351 000	253 000	269 000	110 000
Total Tangible Assets	2 351 000	253 000	269 000	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 359 000	286 000	308 000	153 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	185 000	584 000	415 000	580 000
Total Current Assets	1 059 000	1 139 000	682 000	831 000
Total Assets	3 418 000	1 426 000	989 000	984 000
Total Equity	917 000	829 000	482 000	479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 925 000	0	0	0
Creditors	49 000	26 000	21 000	22 000
Unpaid Taxes	13 000	192 000	87 000	60 000
Dividends	0	200 000	300 000	300 000
Other Current Debt	513 000	30 000	19 000	16 000
Total Current Debt	575 000	597 000	507 000	504 000
Total Equity and Debt	3 418 000	1 426 000	989 000	984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,71 %	65,86 %	62,86 %	68,27 %
Debt-to-Equity Ratio	2,1	0	0	0
Operating Profit Margin	7 %	28,69 %	20,24 %	25,36 %
Current Ratio	1,84	1,91	1,35	1,65
Quick Ratio	1,87	1,94	1,37	1,68
Equity Ratio	0,27	0,58	0,49	0,49
Gross Profit Margin	50,33 %	60,62 %	55,25 %	62,62 %