FILTRATION AS

5582 ØLENSVÅG

Finances

Return on Equity

29,35 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	816 000	520 000	3 533 000	0
Net Income	391 000	157 000	772 000	−18 000
Total Assets	4 696 000	1 636 000	2 287 000	17 000
Total Equity	1 332 000	940 000	784 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	816 000	520 000	3 533 000	0
Expenditure	209 000	286 000	2 526 000	18 000
Operating Profit	607 000	235 000	1 007 000	−18 000
Financial Income	0	0	0	0
Financial Costs	103 000	34 000	22 000	0
Financial Balance	−103 000	−34 000	−22 000	0
Earnings Before Tax	504 000	201 000	985 000	−18 000
Tax	112 000	44 000	213 000	0
Net Income	391 000	157 000	772 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 206 000	452 000	452 000	2 000
Total Current Assets	1 490 000	1 184 000	1 836 000	16 000
Total Assets	4 696 000	1 636 000	2 287 000	17 000
Total Retained Equity	1 302 000	910 000	754 000	−18 000
Total Equity	1 332 000	940 000	784 000	12 000
Total Long-Term Debt	2 131 000	626 000	340 000	0
Total Current Debt	1 233 000	69 000	1 163 000	6 000
Total Equity and Debt	4 696 000	1 636 000	2 287 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	816 000	520 000	3 533 000	0
Other Income	0	0	0	0
Revenue	816 000	520 000	3 533 000	0
Cost of Goods Sold	31 000	−87 000	2 445 000	0
Salary Costs	12 000	13 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	209 000	286 000	2 526 000	18 000
Operating Profit	607 000	235 000	1 007 000	−18 000
Financial Income	0	0	0	0
Financial Costs	103 000	34 000	22 000	0
Financial Balance	−103 000	−34 000	−22 000	0
Dividends	0	0	0	0
Net Income	391 000	157 000	772 000	−18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 206 000	452 000	452 000	2 000
Total Fixed Assets	3 206 000	452 000	452 000	2 000
Stock	585 000	585 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	37 000	506 000	16 000
Total Current Assets	1 490 000	1 184 000	1 836 000	16 000
Total Assets	4 696 000	1 636 000	2 287 000	17 000
Total Equity	1 332 000	940 000	784 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 131 000	626 000	340 000	0
Creditors	49 000	9 000	513 000	0
Unpaid Taxes	117 000	14 000	438 000	0
Dividends	0	0	0	0
Other Current Debt	955 000	1 000	0	6 000
Total Current Debt	1 233 000	69 000	1 163 000	6 000
Total Equity and Debt	4 696 000	1 636 000	2 287 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,35 %	16,7 %	98,47 %	−150 %
Debt-to-Equity Ratio	1,6	0,67	0,43	0
Operating Profit Margin	74,39 %	45,19 %	28,5 %	-
Current Ratio	1,21	17,16	1,58	2,67
Quick Ratio	2,3	−2,29	1,58	2,67
Equity Ratio	0,28	0,57	0,34	0,71
Gross Profit Margin	96,2 %	116,73 %	30,8 %	-