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Finances

Return on Equity

20,5 %

Current Ratio

3,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 406 000	20 971 000	27 443 000	38 235 000
Net Income	4 249 000	2 516 000	1 118 000	1 117 000
Total Assets	26 335 000	21 598 000	19 684 000	20 684 000
Total Equity	20 722 000	17 674 000	16 158 000	15 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 406 000	20 971 000	27 443 000	38 235 000
Expenditure	25 710 000	18 982 000	25 652 000	36 943 000
Operating Profit	5 697 000	1 989 000	1 792 000	1 292 000
Financial Income	193 000	1 249 000	8 000	200 000
Financial Costs	350 000	36 000	346 000	95 000
Financial Balance	−157 000	1 213 000	−338 000	105 000
Earnings Before Tax	5 540 000	3 202 000	1 455 000	1 396 000
Tax	1 291 000	685 000	337 000	280 000
Net Income	4 249 000	2 516 000	1 118 000	1 117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 942 000	6 289 000	6 779 000	8 853 000
Total Current Assets	21 393 000	15 309 000	12 905 000	11 830 000
Total Assets	26 335 000	21 598 000	19 684 000	20 684 000
Total Retained Equity	19 972 000	16 924 000	15 407 000	14 817 000
Total Equity	20 722 000	17 674 000	16 158 000	15 567 000
Total Long-Term Debt	0	499 000	1 071 000	1 134 000
Total Current Debt	5 612 000	3 425 000	2 456 000	3 983 000
Total Equity and Debt	26 335 000	21 598 000	19 684 000	20 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 259 000	19 958 000	26 607 000	37 854 000
Other Income	1 148 000	1 014 000	836 000	381 000
Revenue	31 406 000	20 971 000	27 443 000	38 235 000
Cost of Goods Sold	21 146 000	14 572 000	21 419 000	31 461 000
Salary Costs	2 073 000	1 797 000	1 922 000	2 613 000
Depreciation	69 000	78 000	84 000	105 000
Impairment	0	0	0	0
Expenditure	25 710 000	18 982 000	25 652 000	36 943 000
Operating Profit	5 697 000	1 989 000	1 792 000	1 292 000
Financial Income	193 000	1 249 000	8 000	200 000
Financial Costs	350 000	36 000	346 000	95 000
Financial Balance	−157 000	1 213 000	−338 000	105 000
Dividends	1 200 000	1 000 000	500 000	500 000
Net Income	4 249 000	2 516 000	1 118 000	1 117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	228 000	197 000	347 000	347 000
Real Eastate	664 000	733 000	803 000	0
Machinery and Plant Facilities	0	0	9 000	0
Fixtures	0	0	0	918 000
Total Tangible Assets	664 000	733 000	811 000	918 000
Total Fiancial Fixed Assets	4 049 000	5 359 000	5 621 000	7 589 000
Total Fixed Assets	4 942 000	6 289 000	6 779 000	8 853 000
Stock	4 305 000	3 033 000	3 450 000	5 067 000
Total Investments	6 673 000	7 000 000	0	193 000
Cash, Bank	8 527 000	3 464 000	8 658 000	4 983 000
Total Current Assets	21 393 000	15 309 000	12 905 000	11 830 000
Total Assets	26 335 000	21 598 000	19 684 000	20 684 000
Total Equity	20 722 000	17 674 000	16 158 000	15 567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	499 000	1 071 000	1 134 000
Creditors	2 182 000	876 000	826 000	990 000
Unpaid Taxes	490 000	705 000	444 000	1 459 000
Dividends	1 200 000	1 000 000	500 000	500 000
Other Current Debt	418 000	308 000	322 000	711 000
Total Current Debt	5 612 000	3 425 000	2 456 000	3 983 000
Total Equity and Debt	26 335 000	21 598 000	19 684 000	20 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,5 %	14,24 %	6,92 %	7,18 %
Debt-to-Equity Ratio	0	0,03	0,07	0,07
Operating Profit Margin	18,14 %	9,48 %	6,53 %	3,38 %
Current Ratio	3,81	4,47	5,25	2,97
Quick Ratio	16,37	39,05	−12,98	−10,91
Equity Ratio	0,79	0,82	0,82	0,75
Gross Profit Margin	32,67 %	30,51 %	21,95 %	17,72 %