CHEMCO AS

5302 STRUSSHAMN

Finances

Return on Equity

−18,79 %

Current Ratio

2,33

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 509 000	6 068 000	8 120 000	16 318 000
Net Income	−3 067 000	−4 743 000	−6 130 000	−6 019 000
Total Assets	22 897 000	17 416 000	21 459 000	25 081 000
Total Equity	16 325 000	12 627 000	16 493 000	22 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 509 000	6 068 000	8 120 000	16 318 000
Expenditure	11 444 000	10 937 000	14 102 000	24 324 000
Operating Profit	−2 935 000	−4 868 000	−5 982 000	−8 006 000
Financial Income	23 000	57 000	170 000	1 441 000
Financial Costs	155 000	179 000	391 000	1 686 000
Financial Balance	−132 000	−122 000	−221 000	−245 000
Earnings Before Tax	−3 067 000	−4 990 000	−6 204 000	−8 250 000
Tax	0	−247 000	−74 000	−2 231 000
Net Income	−3 067 000	−4 743 000	−6 130 000	−6 019 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 367 000	13 222 000	13 795 000	9 722 000
Total Current Assets	12 530 000	4 193 000	7 664 000	15 358 000
Total Assets	22 897 000	17 416 000	21 459 000	25 081 000
Total Retained Equity	−3 067 000	0	0	−3 039 000
Total Equity	16 325 000	12 627 000	16 493 000	22 361 000
Total Long-Term Debt	1 200 000	1 200 000	0	76 000
Total Current Debt	5 372 000	3 588 000	4 966 000	2 644 000
Total Equity and Debt	22 897 000	17 416 000	21 459 000	25 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 754 000	4 791 000	5 450 000	13 431 000
Other Income	1 755 000	1 277 000	2 670 000	2 886 000
Revenue	8 509 000	6 068 000	8 120 000	16 318 000
Cost of Goods Sold	4 896 000	4 277 000	5 035 000	10 452 000
Salary Costs	1 754 000	1 816 000	3 251 000	5 011 000
Depreciation	367 000	1 030 000	1 590 000	3 665 000
Impairment	0	0	0	0
Expenditure	11 444 000	10 937 000	14 102 000	24 324 000
Operating Profit	−2 935 000	−4 868 000	−5 982 000	−8 006 000
Financial Income	23 000	57 000	170 000	1 441 000
Financial Costs	155 000	179 000	391 000	1 686 000
Financial Balance	−132 000	−122 000	−221 000	−245 000
Dividends	0	0	0	0
Net Income	−3 067 000	−4 743 000	−6 130 000	−6 019 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	561 000	561 000
Machinery and Plant Facilities	1 219 000	1 558 000	2 526 000	2 364 000
Fixtures	526 000	495 000	552 000	2 076 000
Total Tangible Assets	1 745 000	2 053 000	3 639 000	5 001 000
Total Fiancial Fixed Assets	8 621 000	11 170 000	10 156 000	4 721 000
Total Fixed Assets	10 367 000	13 222 000	13 795 000	9 722 000
Stock	1 501 000	1 483 000	1 678 000	2 652 000
Total Investments	0	0	0	0
Cash, Bank	180 000	121 000	167 000	214 000
Total Current Assets	12 530 000	4 193 000	7 664 000	15 358 000
Total Assets	22 897 000	17 416 000	21 459 000	25 081 000
Total Equity	16 325 000	12 627 000	16 493 000	22 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 200 000	1 200 000	0	76 000
Creditors	462 000	1 027 000	208 000	874 000
Unpaid Taxes	435 000	120 000	222 000	987 000
Dividends	0	0	0	0
Other Current Debt	3 665 000	1 701 000	414 000	568 000
Total Current Debt	5 372 000	3 588 000	4 966 000	2 644 000
Total Equity and Debt	22 897 000	17 416 000	21 459 000	25 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,79 %	−37,56 %	−37,17 %	−26,92 %
Debt-to-Equity Ratio	0,07	0,1	0	0
Operating Profit Margin	−34,49 %	−80,22 %	−73,67 %	−49,06 %
Current Ratio	2,33	1,17	1,54	5,81
Quick Ratio	3,24	1,99	2,33	−1 919,75
Equity Ratio	0,71	0,73	0,77	0,89
Gross Profit Margin	42,46 %	29,52 %	37,99 %	35,95 %