EKVATEK AS

2230 SKOTTERUD

Finances

Share Ownership

Return on Equity

48,77 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 509 000	24 172 000	20 153 000	17 625 000
Net Income	5 197 000	1 844 000	2 653 000	1 531 000
Total Assets	21 154 000	13 653 000	13 053 000	10 909 000
Total Equity	10 657 000	7 431 000	7 387 000	6 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 509 000	24 172 000	20 153 000	17 625 000
Expenditure	29 935 000	21 864 000	16 798 000	15 720 000
Operating Profit	6 574 000	2 308 000	3 354 000	1 904 000
Financial Income	65 000	59 000	63 000	75 000
Financial Costs	6 000	0	16 000	2 000
Financial Balance	59 000	59 000	47 000	73 000
Earnings Before Tax	6 632 000	2 367 000	3 402 000	1 977 000
Tax	1 435 000	523 000	748 000	446 000
Net Income	5 197 000	1 844 000	2 653 000	1 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 714 000	3 175 000	3 662 000	4 607 000
Total Current Assets	15 440 000	10 478 000	9 391 000	6 301 000
Total Assets	21 154 000	13 653 000	13 053 000	10 909 000
Total Retained Equity	4 626 000	2 400 000	2 357 000	1 690 000
Total Equity	10 657 000	7 431 000	7 387 000	6 720 000
Total Long-Term Debt	425 000	87 000	152 000	232 000
Total Current Debt	10 073 000	6 135 000	5 514 000	3 956 000
Total Equity and Debt	21 154 000	13 653 000	13 053 000	10 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 379 000	24 105 000	20 141 000	17 624 000
Other Income	1 130 000	67 000	12 000	1 000
Revenue	36 509 000	24 172 000	20 153 000	17 625 000
Cost of Goods Sold	5 639 000	4 528 000	1 416 000	1 510 000
Salary Costs	11 607 000	8 422 000	7 820 000	7 429 000
Depreciation	900 000	932 000	1 043 000	929 000
Impairment	0	0	0	0
Expenditure	29 935 000	21 864 000	16 798 000	15 720 000
Operating Profit	6 574 000	2 308 000	3 354 000	1 904 000
Financial Income	65 000	59 000	63 000	75 000
Financial Costs	6 000	0	16 000	2 000
Financial Balance	59 000	59 000	47 000	73 000
Dividends	0	0	0	0
Net Income	5 197 000	1 844 000	2 653 000	1 531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	309 000	365 000	434 000	503 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 249 000	2 594 000	2 966 000	3 797 000
Total Tangible Assets	5 558 000	2 959 000	3 400 000	4 299 000
Total Fiancial Fixed Assets	156 000	216 000	262 000	308 000
Total Fixed Assets	5 714 000	3 175 000	3 662 000	4 607 000
Stock	747 000	49 000	30 000	0
Total Investments	0	0	0	0
Cash, Bank	9 838 000	5 527 000	6 493 000	3 684 000
Total Current Assets	15 440 000	10 478 000	9 391 000	6 301 000
Total Assets	21 154 000	13 653 000	13 053 000	10 909 000
Total Equity	10 657 000	7 431 000	7 387 000	6 720 000
Short-Term Group Debt	3 000 000	1 800 000	2 000 000	1 000 000
Total Long-Term Debt	425 000	87 000	152 000	232 000
Creditors	3 026 000	1 562 000	690 000	623 000
Unpaid Taxes	1 621 000	1 157 000	1 135 000	997 000
Dividends	0	0	0	0
Other Current Debt	1 328 000	1 030 000	874 000	850 000
Total Current Debt	10 073 000	6 135 000	5 514 000	3 956 000
Total Equity and Debt	21 154 000	13 653 000	13 053 000	10 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,77 %	24,81 %	35,91 %	22,78 %
Debt-to-Equity Ratio	0,04	0,01	0,02	0,03
Operating Profit Margin	18,01 %	9,55 %	16,64 %	10,8 %
Current Ratio	1,53	1,71	1,7	1,59
Quick Ratio	1,66	1,72	1,71	1,59
Equity Ratio	0,5	0,54	0,57	0,62
Gross Profit Margin	84,55 %	81,27 %	92,97 %	91,43 %