ENGELSEN AS

5310 HAUGLANDSHELLA

Finances

Share Ownership

Return on Equity

24 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 201 000	1 864 000	1 039 000	924 000
Net Income	596 000	748 000	379 000	262 000
Total Assets	4 098 000	3 313 000	2 012 000	1 929 000
Total Equity	2 483 000	1 887 000	1 139 000	760 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 201 000	1 864 000	1 039 000	924 000
Expenditure	1 431 000	896 000	553 000	587 000
Operating Profit	769 000	967 000	487 000	337 000
Financial Income	0	1 000	0	0
Financial Costs	6 000	9 000	1 000	0
Financial Balance	−6 000	−8 000	−1 000	0
Earnings Before Tax	764 000	959 000	486 000	336 000
Tax	168 000	211 000	107 000	74 000
Net Income	596 000	748 000	379 000	262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 046 000	3 215 000	1 911 000	1 902 000
Total Current Assets	52 000	98 000	101 000	28 000
Total Assets	4 098 000	3 313 000	2 012 000	1 929 000
Total Retained Equity	2 453 000	1 857 000	1 109 000	730 000
Total Equity	2 483 000	1 887 000	1 139 000	760 000
Total Long-Term Debt	14 000	136 000	0	10 000
Total Current Debt	1 602 000	1 289 000	873 000	1 160 000
Total Equity and Debt	4 098 000	3 313 000	2 012 000	1 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 099 000	1 830 000	1 039 000	896 000
Other Income	102 000	34 000	0	28 000
Revenue	2 201 000	1 864 000	1 039 000	924 000
Cost of Goods Sold	141 000	100 000	80 000	74 000
Salary Costs	0	0	0	0
Depreciation	552 000	368 000	264 000	223 000
Impairment	0	0	0	0
Expenditure	1 431 000	896 000	553 000	587 000
Operating Profit	769 000	967 000	487 000	337 000
Financial Income	0	1 000	0	0
Financial Costs	6 000	9 000	1 000	0
Financial Balance	−6 000	−8 000	−1 000	0
Dividends	0	0	0	0
Net Income	596 000	748 000	379 000	262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	0
Real Eastate	1 227 000	1 227 000	1 187 000	1 187 000
Machinery and Plant Facilities	1 129 000	1 393 000	665 000	653 000
Fixtures	340 000	90 000	52 000	62 000
Total Tangible Assets	3 738 000	2 983 000	1 904 000	1 902 000
Total Fiancial Fixed Assets	308 000	232 000	0	0
Total Fixed Assets	4 046 000	3 215 000	1 911 000	1 902 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	5 000	72 000	0
Total Current Assets	52 000	98 000	101 000	28 000
Total Assets	4 098 000	3 313 000	2 012 000	1 929 000
Total Equity	2 483 000	1 887 000	1 139 000	760 000
Short-Term Group Debt	80 000	91 000	1 000	101 000
Total Long-Term Debt	14 000	136 000	0	10 000
Creditors	18 000	263 000	208 000	427 000
Unpaid Taxes	−31 000	46 000	103 000	0
Dividends	0	0	0	0
Other Current Debt	1 367 000	700 000	438 000	549 000
Total Current Debt	1 602 000	1 289 000	873 000	1 160 000
Total Equity and Debt	4 098 000	3 313 000	2 012 000	1 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24 %	39,64 %	33,27 %	34,47 %
Debt-to-Equity Ratio	0,01	0,07	0	0,01
Operating Profit Margin	34,94 %	51,88 %	46,87 %	36,47 %
Current Ratio	0,03	0,08	0,12	0,02
Quick Ratio	0,03	0,08	0,12	0,02
Equity Ratio	0,61	0,57	0,57	0,39
Gross Profit Margin	93,59 %	94,64 %	92,3 %	91,99 %