ØSTFOLD KULDEMONTASJE AS

1814 ASKIM

Finances

Share Ownership

Return on Equity

11,27 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 138 000	8 783 000	9 955 000	8 964 000
Net Income	443 000	447 000	959 000	1 380 000
Total Assets	6 885 000	4 904 000	4 500 000	3 514 000
Total Equity	3 930 000	3 487 000	3 040 000	2 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 138 000	8 783 000	9 955 000	8 964 000
Expenditure	13 542 000	8 212 000	8 720 000	7 194 000
Operating Profit	596 000	572 000	1 234 000	1 769 000
Financial Income	1 000	0	0	1 000
Financial Costs	29 000	1 000	3 000	1 000
Financial Balance	−28 000	−1 000	−3 000	0
Earnings Before Tax	568 000	571 000	1 232 000	1 769 000
Tax	125 000	124 000	273 000	389 000
Net Income	443 000	447 000	959 000	1 380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 095 000	636 000	157 000	153 000
Total Current Assets	5 790 000	4 268 000	4 343 000	3 361 000
Total Assets	6 885 000	4 904 000	4 500 000	3 514 000
Total Retained Equity	3 907 000	3 463 000	3 017 000	2 058 000
Total Equity	3 930 000	3 487 000	3 040 000	2 082 000
Total Long-Term Debt	587 000	27 000	0	2 000
Total Current Debt	2 368 000	1 389 000	1 459 000	1 430 000
Total Equity and Debt	6 885 000	4 904 000	4 500 000	3 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 168 000	8 726 000	9 955 000	8 964 000
Other Income	−30 000	58 000	0	0
Revenue	14 138 000	8 783 000	9 955 000	8 964 000
Cost of Goods Sold	5 858 000	3 399 000	3 502 000	4 640 000
Salary Costs	4 524 000	3 128 000	3 869 000	1 783 000
Depreciation	288 000	79 000	63 000	48 000
Impairment	0	0	0	0
Expenditure	13 542 000	8 212 000	8 720 000	7 194 000
Operating Profit	596 000	572 000	1 234 000	1 769 000
Financial Income	1 000	0	0	1 000
Financial Costs	29 000	1 000	3 000	1 000
Financial Balance	−28 000	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	443 000	447 000	959 000	1 380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	452 000	481 000	100 000	153 000
Fixtures	625 000	137 000	57 000	0
Total Tangible Assets	1 077 000	618 000	157 000	153 000
Total Fiancial Fixed Assets	18 000	18 000	0	0
Total Fixed Assets	1 095 000	636 000	157 000	153 000
Stock	49 000	29 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 771 000	3 119 000	2 610 000	2 815 000
Total Current Assets	5 790 000	4 268 000	4 343 000	3 361 000
Total Assets	6 885 000	4 904 000	4 500 000	3 514 000
Total Equity	3 930 000	3 487 000	3 040 000	2 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	587 000	27 000	0	2 000
Creditors	768 000	446 000	108 000	139 000
Unpaid Taxes	796 000	514 000	666 000	414 000
Dividends	0	0	0	0
Other Current Debt	680 000	332 000	409 000	486 000
Total Current Debt	2 368 000	1 389 000	1 459 000	1 430 000
Total Equity and Debt	6 885 000	4 904 000	4 500 000	3 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,27 %	12,82 %	31,55 %	66,28 %
Debt-to-Equity Ratio	0,15	0,01	0	0
Operating Profit Margin	4,22 %	6,51 %	12,4 %	19,73 %
Current Ratio	2,45	3,07	2,98	2,35
Quick Ratio	2,5	3,14	2,98	2,35
Equity Ratio	0,57	0,71	0,68	0,59
Gross Profit Margin	58,57 %	61,3 %	64,82 %	48,24 %