COLMEC AS

2320 FURNES

Finances

Share Ownership

Return on Equity

28,84 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 227 000	28 564 000	11 193 000	10 451 000
Net Income	1 310 000	1 216 000	1 056 000	671 000
Total Assets	13 388 000	6 988 000	3 879 000	2 770 000
Total Equity	4 542 000	3 233 000	2 319 000	1 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 227 000	28 564 000	11 193 000	10 451 000
Expenditure	52 194 000	27 071 000	10 093 000	9 430 000
Operating Profit	2 033 000	1 493 000	1 100 000	1 021 000
Financial Income	9 000	75 000	283 000	4 000
Financial Costs	254 000	114 000	24 000	99 000
Financial Balance	−245 000	−39 000	259 000	−95 000
Earnings Before Tax	1 787 000	1 454 000	1 359 000	926 000
Tax	478 000	238 000	303 000	255 000
Net Income	1 310 000	1 216 000	1 056 000	671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	302 000	180 000	76 000
Total Current Assets	12 813 000	6 687 000	3 699 000	2 695 000
Total Assets	13 388 000	6 988 000	3 879 000	2 770 000
Total Retained Equity	4 512 000	3 203 000	2 289 000	1 233 000
Total Equity	4 542 000	3 233 000	2 319 000	1 263 000
Total Long-Term Debt	0	0	43 000	0
Total Current Debt	8 845 000	3 756 000	1 518 000	1 507 000
Total Equity and Debt	13 388 000	6 988 000	3 879 000	2 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 742 000	27 038 000	11 193 000	10 451 000
Other Income	485 000	1 527 000	0	0
Revenue	54 227 000	28 564 000	11 193 000	10 451 000
Cost of Goods Sold	43 611 000	21 628 000	6 070 000	5 167 000
Salary Costs	3 636 000	2 492 000	2 297 000	2 310 000
Depreciation	29 000	0	0	0
Impairment	0	0	0	0
Expenditure	52 194 000	27 071 000	10 093 000	9 430 000
Operating Profit	2 033 000	1 493 000	1 100 000	1 021 000
Financial Income	9 000	75 000	283 000	4 000
Financial Costs	254 000	114 000	24 000	99 000
Financial Balance	−245 000	−39 000	259 000	−95 000
Dividends	0	0	0	0
Net Income	1 310 000	1 216 000	1 056 000	671 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	44 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	277 000	0	0	0
Fixtures	128 000	0	0	0
Total Tangible Assets	405 000	0	0	0
Total Fiancial Fixed Assets	94 000	258 000	180 000	76 000
Total Fixed Assets	574 000	302 000	180 000	76 000
Stock	7 272 000	2 241 000	1 868 000	437 000
Total Investments	0	0	0	0
Cash, Bank	1 985 000	3 360 000	149 000	819 000
Total Current Assets	12 813 000	6 687 000	3 699 000	2 695 000
Total Assets	13 388 000	6 988 000	3 879 000	2 770 000
Total Equity	4 542 000	3 233 000	2 319 000	1 263 000
Short-Term Group Debt	4 500 000	0	0	0
Total Long-Term Debt	0	0	43 000	0
Creditors	2 208 000	2 257 000	631 000	696 000
Unpaid Taxes	1 202 000	887 000	410 000	160 000
Dividends	0	0	0	0
Other Current Debt	426 000	287 000	216 000	396 000
Total Current Debt	8 845 000	3 756 000	1 518 000	1 507 000
Total Equity and Debt	13 388 000	6 988 000	3 879 000	2 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,84 %	37,61 %	45,54 %	53,13 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	3,75 %	5,23 %	9,83 %	9,77 %
Current Ratio	1,45	1,78	2,44	1,79
Quick Ratio	8,15	4,41	−10,57	2,52
Equity Ratio	0,34	0,46	0,6	0,46
Gross Profit Margin	19,58 %	24,28 %	45,77 %	50,56 %