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Finances

Return on Equity

18,54 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 094 000	181 905 000	160 242 000	177 616 000
Net Income	9 633 000	12 221 000	11 732 000	12 690 000
Total Assets	116 768 000	89 834 000	82 606 000	84 978 000
Total Equity	51 955 000	47 138 000	49 240 000	46 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 094 000	181 905 000	160 242 000	177 616 000
Expenditure	199 286 000	166 276 000	146 677 000	162 167 000
Operating Profit	12 807 000	15 628 000	13 564 000	15 449 000
Financial Income	1 708 000	498 000	2 291 000	970 000
Financial Costs	2 128 000	375 000	838 000	135 000
Financial Balance	−420 000	123 000	1 453 000	835 000
Earnings Before Tax	12 388 000	15 751 000	15 017 000	16 284 000
Tax	2 754 000	3 531 000	3 286 000	3 594 000
Net Income	9 633 000	12 221 000	11 732 000	12 690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 912 000	10 462 000	10 555 000	10 406 000
Total Current Assets	106 857 000	79 372 000	72 051 000	74 573 000
Total Assets	116 768 000	89 834 000	82 606 000	84 978 000
Total Retained Equity	51 655 000	46 838 000	48 940 000	46 092 000
Total Equity	51 955 000	47 138 000	49 240 000	46 392 000
Total Long-Term Debt	239 000	310 000	317 000	379 000
Total Current Debt	64 575 000	42 386 000	33 048 000	38 208 000
Total Equity and Debt	116 768 000	89 834 000	82 606 000	84 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 992 000	180 944 000	159 959 000	177 614 000
Other Income	101 000	960 000	283 000	2 000
Revenue	212 094 000	181 905 000	160 242 000	177 616 000
Cost of Goods Sold	151 064 000	124 182 000	108 935 000	122 084 000
Salary Costs	25 771 000	25 270 000	23 146 000	23 598 000
Depreciation	984 000	1 077 000	1 033 000	927 000
Impairment	0	0	0	0
Expenditure	199 286 000	166 276 000	146 677 000	162 167 000
Operating Profit	12 807 000	15 628 000	13 564 000	15 449 000
Financial Income	1 708 000	498 000	2 291 000	970 000
Financial Costs	2 128 000	375 000	838 000	135 000
Financial Balance	−420 000	123 000	1 453 000	835 000
Dividends	4 817 000	6 110 000	8 212 000	8 883 000
Net Income	9 633 000	12 221 000	11 732 000	12 690 000

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	387 000	495 000	0	0
Fixtures	2 446 000	2 888 000	3 476 000	3 327 000
Total Tangible Assets	2 833 000	3 384 000	3 476 000	3 327 000
Total Fiancial Fixed Assets	7 079 000	7 079 000	7 079 000	7 079 000
Total Fixed Assets	9 912 000	10 462 000	10 555 000	10 406 000
Stock	34 773 000	16 777 000	13 978 000	12 038 000
Total Investments	0	0	0	0
Cash, Bank	16 776 000	23 084 000	29 697 000	25 529 000
Total Current Assets	106 857 000	79 372 000	72 051 000	74 573 000
Total Assets	116 768 000	89 834 000	82 606 000	84 978 000
Total Equity	51 955 000	47 138 000	49 240 000	46 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	239 000	310 000	317 000	379 000
Creditors	28 903 000	12 136 000	10 233 000	14 687 000
Unpaid Taxes	14 005 000	10 515 000	10 429 000	10 778 000
Dividends	4 817 000	6 110 000	8 212 000	8 883 000
Other Current Debt	18 740 000	16 241 000	7 218 000	8 900 000
Total Current Debt	64 575 000	42 386 000	33 048 000	38 208 000
Total Equity and Debt	116 768 000	89 834 000	82 606 000	84 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,54 %	25,93 %	23,83 %	27,35 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	6,04 %	8,59 %	8,46 %	8,7 %
Current Ratio	1,65	1,87	2,18	1,95
Quick Ratio	3,59	3,1	3,78	2,85
Equity Ratio	0,44	0,52	0,6	0,55
Gross Profit Margin	28,77 %	31,73 %	32,02 %	31,27 %