EUROWELD AS

1470 LØRENSKOG

Finances

Return on Equity

43,67 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 971 000	27 371 000	32 958 000	28 486 000
Net Income	2 017 000	2 590 000	5 702 000	3 808 000
Total Assets	12 155 000	16 394 000	18 231 000	15 164 000
Total Equity	4 619 000	3 602 000	7 012 000	7 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 971 000	27 371 000	32 958 000	28 486 000
Expenditure	23 443 000	24 025 000	25 641 000	23 558 000
Operating Profit	2 528 000	3 345 000	7 316 000	4 927 000
Financial Income	166 000	74 000	120 000	55 000
Financial Costs	105 000	103 000	126 000	99 000
Financial Balance	61 000	−29 000	−6 000	−44 000
Earnings Before Tax	2 588 000	3 316 000	7 310 000	4 883 000
Tax	571 000	726 000	1 608 000	1 076 000
Net Income	2 017 000	2 590 000	5 702 000	3 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	664 000	946 000	667 000
Total Current Assets	11 581 000	15 730 000	17 285 000	14 497 000
Total Assets	12 155 000	16 394 000	18 231 000	15 164 000
Total Retained Equity	3 374 000	2 357 000	5 767 000	6 065 000
Total Equity	4 619 000	3 602 000	7 012 000	7 310 000
Total Long-Term Debt	697 000	659 000	2 398 000	1 282 000
Total Current Debt	6 839 000	12 133 000	8 821 000	6 571 000
Total Equity and Debt	12 155 000	16 394 000	18 231 000	15 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 949 000	27 057 000	32 839 000	28 364 000
Other Income	22 000	314 000	119 000	122 000
Revenue	25 971 000	27 371 000	32 958 000	28 486 000
Cost of Goods Sold	10 164 000	11 442 000	14 574 000	11 830 000
Salary Costs	9 805 000	9 468 000	8 013 000	8 607 000
Depreciation	289 000	249 000	249 000	167 000
Impairment	0	15 000	0	0
Expenditure	23 443 000	24 025 000	25 641 000	23 558 000
Operating Profit	2 528 000	3 345 000	7 316 000	4 927 000
Financial Income	166 000	74 000	120 000	55 000
Financial Costs	105 000	103 000	126 000	99 000
Financial Balance	61 000	−29 000	−6 000	−44 000
Dividends	1 000 000	6 000 000	3 000 000	2 400 000
Net Income	2 017 000	2 590 000	5 702 000	3 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	61 000	75 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	520 000	597 000	850 000	553 000
Fixtures	0	0	0	4 000
Total Tangible Assets	520 000	597 000	850 000	557 000
Total Fiancial Fixed Assets	6 000	6 000	21 000	21 000
Total Fixed Assets	574 000	664 000	946 000	667 000
Stock	0	0	0	0
Total Investments	44 000	46 000	0	0
Cash, Bank	7 542 000	9 826 000	6 932 000	7 961 000
Total Current Assets	11 581 000	15 730 000	17 285 000	14 497 000
Total Assets	12 155 000	16 394 000	18 231 000	15 164 000
Total Equity	4 619 000	3 602 000	7 012 000	7 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	697 000	659 000	2 398 000	1 282 000
Creditors	1 046 000	281 000	1 232 000	1 525 000
Unpaid Taxes	1 388 000	1 659 000	2 384 000	1 584 000
Dividends	1 000 000	6 000 000	3 000 000	2 400 000
Other Current Debt	2 871 000	1 728 000	1 712 000	1 062 000
Total Current Debt	6 839 000	12 133 000	8 821 000	6 571 000
Total Equity and Debt	12 155 000	16 394 000	18 231 000	15 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,67 %	71,9 %	81,32 %	52,09 %
Debt-to-Equity Ratio	0,15	0,18	0,34	0,18
Operating Profit Margin	9,73 %	12,22 %	22,2 %	17,3 %
Current Ratio	1,69	1,3	1,96	2,21
Quick Ratio	1,69	1,3	1,96	2,21
Equity Ratio	0,38	0,22	0,38	0,48
Gross Profit Margin	60,86 %	58,2 %	55,78 %	58,47 %