EMPET ØSTFOLD AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

−60,3 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 600 000	10 126 000	6 393 000	5 132 000
Net Income	−1 203 000	−849 000	855 000	290 000
Total Assets	9 265 000	3 355 000	2 056 000	995 000
Total Equity	1 995 000	1 019 000	1 068 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 600 000	10 126 000	6 393 000	5 132 000
Expenditure	18 359 000	10 977 000	5 507 000	4 843 000
Operating Profit	−1 759 000	−851 000	886 000	289 000
Financial Income	5 000	3 000	3 000	1 000
Financial Costs	40 000	1 000	0	0
Financial Balance	−35 000	2 000	3 000	1 000
Earnings Before Tax	−1 794 000	−849 000	888 000	290 000
Tax	−591 000	0	33 000	0
Net Income	−1 203 000	−849 000	855 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 525 000	814 000	243 000	148 000
Total Current Assets	5 740 000	2 541 000	1 813 000	847 000
Total Assets	9 265 000	3 355 000	2 056 000	995 000
Total Retained Equity	−1 983 000	−781 000	68 000	−782 000
Total Equity	1 995 000	1 019 000	1 068 000	213 000
Total Long-Term Debt	249 000	263 000	0	0
Total Current Debt	7 021 000	2 073 000	988 000	782 000
Total Equity and Debt	9 265 000	3 355 000	2 056 000	995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 600 000	10 126 000	6 393 000	5 132 000
Other Income	0	0	0	0
Revenue	16 600 000	10 126 000	6 393 000	5 132 000
Cost of Goods Sold	3 552 000	2 055 000	1 226 000	984 000
Salary Costs	10 089 000	5 842 000	2 792 000	2 498 000
Depreciation	372 000	108 000	40 000	22 000
Impairment	0	0	0	0
Expenditure	18 359 000	10 977 000	5 507 000	4 843 000
Operating Profit	−1 759 000	−851 000	886 000	289 000
Financial Income	5 000	3 000	3 000	1 000
Financial Costs	40 000	1 000	0	0
Financial Balance	−35 000	2 000	3 000	1 000
Dividends	0	0	0	0
Net Income	−1 203 000	−849 000	855 000	290 000

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	0	0	0	0
Fixtures	3 525 000	814 000	243 000	148 000
Total Tangible Assets	3 525 000	814 000	243 000	148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 525 000	814 000	243 000	148 000
Stock	1 284 000	700 000	287 000	191 000
Total Investments	0	0	0	0
Cash, Bank	1 257 000	1 555 000	1 347 000	512 000
Total Current Assets	5 740 000	2 541 000	1 813 000	847 000
Total Assets	9 265 000	3 355 000	2 056 000	995 000
Total Equity	1 995 000	1 019 000	1 068 000	213 000
Short-Term Group Debt	3 785 000	6 000	0	0
Total Long-Term Debt	249 000	263 000	0	0
Creditors	1 385 000	952 000	420 000	274 000
Unpaid Taxes	962 000	478 000	251 000	228 000
Dividends	0	0	0	0
Other Current Debt	889 000	637 000	284 000	280 000
Total Current Debt	7 021 000	2 073 000	988 000	782 000
Total Equity and Debt	9 265 000	3 355 000	2 056 000	995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,3 %	−83,32 %	80,06 %	136,15 %
Debt-to-Equity Ratio	0,12	0,26	0	0
Operating Profit Margin	−10,6 %	−8,4 %	13,86 %	5,63 %
Current Ratio	0,82	1,23	1,84	1,08
Quick Ratio	1	1,85	2,59	1,43
Equity Ratio	0,22	0,3	0,52	0,21
Gross Profit Margin	78,6 %	79,71 %	80,82 %	80,83 %