OPAL ENGINEERING AS

5750 ODDA

Finances

Return on Equity

5,19 %

Current Ratio

6,58

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	411 000	423 000	179 000	230 000
Net Income	98 000	124 000	−3 000	−8 000
Total Assets	2 199 000	2 004 000	1 977 000	2 103 000
Total Equity	1 889 000	1 791 000	1 767 000	1 871 000

Income (NOK)	2022	2021	2020	2019
Revenue	411 000	423 000	179 000	230 000
Expenditure	344 000	246 000	200 000	252 000
Operating Profit	68 000	177 000	−22 000	−23 000
Financial Income	55 000	28 000	15 000	13 000
Financial Costs	6 000	41 000	0	1 000
Financial Balance	49 000	−13 000	15 000	12 000
Earnings Before Tax	116 000	164 000	−6 000	−10 000
Tax	18 000	40 000	−3 000	−2 000
Net Income	98 000	124 000	−3 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	431 000	233 000	283 000
Total Current Assets	1 829 000	1 573 000	1 744 000	1 820 000
Total Assets	2 199 000	2 004 000	1 977 000	2 103 000
Total Retained Equity	1 789 000	1 691 000	1 667 000	1 771 000
Total Equity	1 889 000	1 791 000	1 767 000	1 871 000
Total Long-Term Debt	31 000	14 000	0	0
Total Current Debt	278 000	199 000	210 000	232 000
Total Equity and Debt	2 199 000	2 004 000	1 977 000	2 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	411 000	280 000	179 000	230 000
Other Income	0	144 000	0	0
Revenue	411 000	423 000	179 000	230 000
Cost of Goods Sold	1 000	90 000	31 000	72 000
Salary Costs	0	0	0	0
Depreciation	93 000	66 000	53 000	53 000
Impairment	0	0	0	0
Expenditure	344 000	246 000	200 000	252 000
Operating Profit	68 000	177 000	−22 000	−23 000
Financial Income	55 000	28 000	15 000	13 000
Financial Costs	6 000	41 000	0	1 000
Financial Balance	49 000	−13 000	15 000	12 000
Dividends	0	0	100 000	100 000
Net Income	98 000	124 000	−3 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	26 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	370 000	431 000	207 000	259 000
Total Tangible Assets	370 000	431 000	207 000	259 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	370 000	431 000	233 000	283 000
Stock	0	0	0	0
Total Investments	63 000	17 000	51 000	38 000
Cash, Bank	1 766 000	1 415 000	1 669 000	1 774 000
Total Current Assets	1 829 000	1 573 000	1 744 000	1 820 000
Total Assets	2 199 000	2 004 000	1 977 000	2 103 000
Total Equity	1 889 000	1 791 000	1 767 000	1 871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	14 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	78 000	0	10 000	32 000
Dividends	0	0	100 000	100 000
Other Current Debt	200 000	99 000	100 000	0
Total Current Debt	278 000	199 000	210 000	232 000
Total Equity and Debt	2 199 000	2 004 000	1 977 000	2 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,19 %	6,92 %	−0,17 %	−0,43 %
Debt-to-Equity Ratio	0,02	0,01	0	0
Operating Profit Margin	16,55 %	41,84 %	−12,29 %	−10 %
Current Ratio	6,58	7,9	8,3	7,84
Quick Ratio	6,58	7,9	8,3	7,84
Equity Ratio	0,86	0,89	0,89	0,89
Gross Profit Margin	99,76 %	78,72 %	82,68 %	68,7 %