OMECH AS

3766 SANNIDAL

Finances

Return on Equity

98,87 %

Current Ratio

0,68

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2021	2020	2019	2018
Revenue	39 586 000	55 743 000	59 510 000	29 085 000
Net Income	−16 777 000	−3 067 000	−2 433 000	−5 498 000
Total Assets	49 001 000	44 525 000	39 690 000	62 250 000
Total Equity	−16 968 000	3 669 000	−764 000	11 584 000

Income (NOK)	2021	2020	2019	2018
Revenue	39 586 000	55 743 000	59 510 000	29 085 000
Expenditure	55 713 000	57 579 000	61 199 000	34 701 000
Operating Profit	−16 127 000	−1 836 000	−1 689 000	−5 616 000
Financial Income	31 000	44 000	7 000	4 000
Financial Costs	681 000	1 275 000	1 438 000	1 287 000
Financial Balance	−650 000	−1 231 000	−1 431 000	−1 283 000
Earnings Before Tax	−16 777 000	−3 067 000	−3 120 000	−6 899 000
Tax	0	0	−686 000	−1 401 000
Net Income	−16 777 000	−3 067 000	−2 433 000	−5 498 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	19 616 000	13 584 000	6 110 000	20 018 000
Total Current Assets	29 385 000	30 942 000	33 581 000	42 232 000
Total Assets	49 001 000	44 525 000	39 690 000	62 250 000
Total Retained Equity	−20 637 000	0	−2 433 000	0
Total Equity	−16 968 000	3 669 000	−764 000	11 584 000
Total Long-Term Debt	22 668 000	10 000 000	0	20 793 000
Total Current Debt	43 301 000	30 856 000	40 455 000	29 873 000
Total Equity and Debt	49 001 000	44 525 000	39 690 000	62 250 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	39 586 000	55 739 000	59 339 000	28 672 000
Other Income	0	4 000	171 000	413 000
Revenue	39 586 000	55 743 000	59 510 000	29 085 000
Cost of Goods Sold	26 621 000	28 163 000	33 538 000	15 556 000
Salary Costs	17 940 000	20 633 000	20 313 000	12 762 000
Depreciation	492 000	770 000	799 000	1 059 000
Impairment	0	0	0	0
Expenditure	55 713 000	57 579 000	61 199 000	34 701 000
Operating Profit	−16 127 000	−1 836 000	−1 689 000	−5 616 000
Financial Income	31 000	44 000	7 000	4 000
Financial Costs	681 000	1 275 000	1 438 000	1 287 000
Financial Balance	−650 000	−1 231 000	−1 431 000	−1 283 000
Dividends	0	0	0	0
Net Income	−16 777 000	−3 067 000	−2 433 000	−5 498 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 788 000	4 926 000	5 020 000	4 258 000
Real Eastate	3 022 000	0	0	14 393 000
Machinery and Plant Facilities	1 057 000	336 000	782 000	1 114 000
Fixtures	953 000	298 000	284 000	229 000
Total Tangible Assets	5 032 000	634 000	1 066 000	15 736 000
Total Fiancial Fixed Assets	8 797 000	8 024 000	24 000	24 000
Total Fixed Assets	19 616 000	13 584 000	6 110 000	20 018 000
Stock	3 681 000	1 292 000	1 690 000	2 647 000
Total Investments	0	0	0	0
Cash, Bank	1 788 000	588 000	761 000	1 836 000
Total Current Assets	29 385 000	30 942 000	33 581 000	42 232 000
Total Assets	49 001 000	44 525 000	39 690 000	62 250 000
Total Equity	−16 968 000	3 669 000	−764 000	11 584 000
Short-Term Group Debt	22 875 000	13 934 000	3 525 000	0
Total Long-Term Debt	22 668 000	10 000 000	0	20 793 000
Creditors	4 934 000	2 774 000	6 577 000	3 427 000
Unpaid Taxes	2 233 000	986 000	1 961 000	1 293 000
Dividends	0	0	0	0
Other Current Debt	10 802 000	3 517 000	3 219 000	1 756 000
Total Current Debt	43 301 000	30 856 000	40 455 000	29 873 000
Total Equity and Debt	49 001 000	44 525 000	39 690 000	62 250 000

Financial indicators	2021	2020	2019	2018
Return on Equity	98,87 %	−83,59 %	318,46 %	−47,46 %
Debt-to-Equity Ratio	−1,34	2,73	−0	1,79
Operating Profit Margin	−40,74 %	−3,29 %	−2,84 %	−19,31 %
Current Ratio	0,68	1	0,83	1,41
Quick Ratio	0,74	1,05	0,87	1,55
Equity Ratio	−0,35	0,08	−0,02	0,19
Gross Profit Margin	32,75 %	49,48 %	43,64 %	46,52 %