WELD IT AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

56,68 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 676 000	6 877 000	3 659 000	2 292 000
Net Income	1 569 000	1 501 000	653 000	385 000
Total Assets	5 105 000	4 101 000	2 578 000	1 584 000
Total Equity	2 768 000	1 824 000	1 027 000	1 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 676 000	6 877 000	3 659 000	2 292 000
Expenditure	4 623 000	4 950 000	2 801 000	1 796 000
Operating Profit	2 054 000	1 926 000	858 000	496 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Earnings Before Tax	2 051 000	1 926 000	858 000	495 000
Tax	481 000	425 000	205 000	110 000
Net Income	1 569 000	1 501 000	653 000	385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 668 000	595 000	692 000	693 000
Total Current Assets	3 437 000	3 506 000	1 885 000	891 000
Total Assets	5 105 000	4 101 000	2 578 000	1 584 000
Total Retained Equity	2 649 000	1 705 000	903 000	900 000
Total Equity	2 768 000	1 824 000	1 027 000	1 024 000
Total Long-Term Debt	58 000	136 000	260 000	0
Total Current Debt	2 279 000	2 141 000	1 290 000	560 000
Total Equity and Debt	5 105 000	4 101 000	2 578 000	1 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 676 000	6 877 000	3 657 000	2 292 000
Other Income	0	0	2 000	0
Revenue	6 676 000	6 877 000	3 659 000	2 292 000
Cost of Goods Sold	573 000	1 204 000	1 126 000	400 000
Salary Costs	1 970 000	1 925 000	453 000	386 000
Depreciation	354 000	200 000	226 000	3 000
Impairment	0	0	0	0
Expenditure	4 623 000	4 950 000	2 801 000	1 796 000
Operating Profit	2 054 000	1 926 000	858 000	496 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	1 000
Financial Balance	−3 000	0	−1 000	−1 000
Dividends	750 000	700 000	650 000	300 000
Net Income	1 569 000	1 501 000	653 000	385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	929 000	333 000	476 000	680 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	91 000	114 000	49 000	13 000
Fixtures	648 000	148 000	157 000	0
Total Tangible Assets	739 000	262 000	206 000	13 000
Total Fiancial Fixed Assets	0	0	10 000	0
Total Fixed Assets	1 668 000	595 000	692 000	693 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 496 000	2 666 000	1 367 000	676 000
Total Current Assets	3 437 000	3 506 000	1 885 000	891 000
Total Assets	5 105 000	4 101 000	2 578 000	1 584 000
Total Equity	2 768 000	1 824 000	1 027 000	1 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	136 000	260 000	0
Creditors	144 000	204 000	256 000	26 000
Unpaid Taxes	391 000	500 000	147 000	96 000
Dividends	750 000	700 000	650 000	300 000
Other Current Debt	559 000	313 000	59 000	27 000
Total Current Debt	2 279 000	2 141 000	1 290 000	560 000
Total Equity and Debt	5 105 000	4 101 000	2 578 000	1 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,68 %	82,29 %	63,58 %	37,6 %
Debt-to-Equity Ratio	0,02	0,07	0,25	0
Operating Profit Margin	30,77 %	28,01 %	23,45 %	21,64 %
Current Ratio	1,51	1,64	1,46	1,59
Quick Ratio	1,51	1,64	1,46	1,59
Equity Ratio	0,54	0,44	0,4	0,65
Gross Profit Margin	91,42 %	82,49 %	69,23 %	82,55 %