OFOTLAB AS

9443 MYKLEBOSTAD

Finances

Return on Equity

34,18 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 574 000	7 765 000	4 951 000	2 860 000
Net Income	2 257 000	3 082 000	1 551 000	755 000
Total Assets	10 110 000	7 062 000	3 812 000	1 992 000
Total Equity	6 604 000	4 846 000	2 263 000	1 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 574 000	7 765 000	4 951 000	2 860 000
Expenditure	4 772 000	3 861 000	2 934 000	2 259 000
Operating Profit	2 892 000	3 904 000	2 017 000	601 000
Financial Income	180 000	107 000	0	0
Financial Costs	177 000	1 000	1 000	0
Financial Balance	3 000	106 000	−1 000	0
Earnings Before Tax	2 896 000	4 010 000	2 016 000	601 000
Tax	638 000	928 000	465 000	−154 000
Net Income	2 257 000	3 082 000	1 551 000	755 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 787 000	1 546 000	1 064 000	428 000
Total Current Assets	7 323 000	5 516 000	2 748 000	1 564 000
Total Assets	10 110 000	7 062 000	3 812 000	1 992 000
Total Retained Equity	6 554 000	4 796 000	2 213 000	1 435 000
Total Equity	6 604 000	4 846 000	2 263 000	1 485 000
Total Long-Term Debt	97 000	85 000	40 000	0
Total Current Debt	3 409 000	2 131 000	1 509 000	507 000
Total Equity and Debt	10 110 000	7 062 000	3 812 000	1 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 574 000	7 765 000	4 881 000	2 860 000
Other Income	0	0	70 000	0
Revenue	7 574 000	7 765 000	4 951 000	2 860 000
Cost of Goods Sold	402 000	291 000	399 000	153 000
Salary Costs	1 738 000	1 492 000	1 070 000	1 030 000
Depreciation	487 000	387 000	201 000	0
Impairment	0	0	0	0
Expenditure	4 772 000	3 861 000	2 934 000	2 259 000
Operating Profit	2 892 000	3 904 000	2 017 000	601 000
Financial Income	180 000	107 000	0	0
Financial Costs	177 000	1 000	1 000	0
Financial Balance	3 000	106 000	−1 000	0
Dividends	500 000	500 000	500 000	200 000
Net Income	2 257 000	3 082 000	1 551 000	755 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	0	0
Real Eastate	316 000	278 000	0	0
Machinery and Plant Facilities	1 309 000	64 000	81 000	21 000
Fixtures	1 119 000	1 191 000	970 000	407 000
Total Tangible Assets	2 744 000	1 533 000	1 051 000	428 000
Total Fiancial Fixed Assets	13 000	13 000	13 000	0
Total Fixed Assets	2 787 000	1 546 000	1 064 000	428 000
Stock	296 000	206 000	206 000	207 000
Total Investments	459 000	490 000	0	0
Cash, Bank	4 667 000	3 514 000	1 791 000	898 000
Total Current Assets	7 323 000	5 516 000	2 748 000	1 564 000
Total Assets	10 110 000	7 062 000	3 812 000	1 992 000
Total Equity	6 604 000	4 846 000	2 263 000	1 485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	97 000	85 000	40 000	0
Creditors	1 741 000	62 000	115 000	−2 000
Unpaid Taxes	401 000	571 000	401 000	157 000
Dividends	500 000	500 000	500 000	200 000
Other Current Debt	140 000	115 000	68 000	319 000
Total Current Debt	3 409 000	2 131 000	1 509 000	507 000
Total Equity and Debt	10 110 000	7 062 000	3 812 000	1 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,18 %	63,6 %	68,54 %	50,84 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0
Operating Profit Margin	38,18 %	50,28 %	40,74 %	21,01 %
Current Ratio	2,15	2,59	1,82	3,08
Quick Ratio	2,35	2,87	2,11	5,21
Equity Ratio	0,65	0,69	0,59	0,75
Gross Profit Margin	94,69 %	96,25 %	91,94 %	94,65 %