Engeset Mek. Verksted A/S

6200 STRANDA

Finances

Share Ownership

Return on Equity

18,72 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 282 000	12 462 000	11 958 000	10 743 000
Net Income	967 000	562 000	654 000	376 000
Total Assets	10 127 000	9 235 000	10 407 000	9 875 000
Total Equity	5 165 000	4 198 000	4 836 000	4 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 282 000	12 462 000	11 958 000	10 743 000
Expenditure	11 942 000	11 572 000	10 903 000	10 088 000
Operating Profit	1 340 000	891 000	1 055 000	656 000
Financial Income	11 000	11 000	3 000	2 000
Financial Costs	98 000	88 000	151 000	175 000
Financial Balance	−87 000	−77 000	−148 000	−173 000
Earnings Before Tax	1 253 000	814 000	908 000	482 000
Tax	286 000	252 000	254 000	107 000
Net Income	967 000	562 000	654 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 942 000	5 170 000	5 718 000	6 187 000
Total Current Assets	5 185 000	4 065 000	4 690 000	3 688 000
Total Assets	10 127 000	9 235 000	10 407 000	9 875 000
Total Retained Equity	4 175 000	3 208 000	3 846 000	3 192 000
Total Equity	5 165 000	4 198 000	4 836 000	4 182 000
Total Long-Term Debt	2 455 000	2 932 000	3 398 000	3 816 000
Total Current Debt	2 508 000	2 106 000	2 173 000	1 877 000
Total Equity and Debt	10 127 000	9 235 000	10 407 000	9 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 282 000	12 462 000	11 958 000	10 713 000
Other Income	0	0	0	30 000
Revenue	13 282 000	12 462 000	11 958 000	10 743 000
Cost of Goods Sold	3 967 000	3 617 000	3 599 000	2 717 000
Salary Costs	5 790 000	5 617 000	5 375 000	5 367 000
Depreciation	408 000	660 000	636 000	616 000
Impairment	0	0	0	0
Expenditure	11 942 000	11 572 000	10 903 000	10 088 000
Operating Profit	1 340 000	891 000	1 055 000	656 000
Financial Income	11 000	11 000	3 000	2 000
Financial Costs	98 000	88 000	151 000	175 000
Financial Balance	−87 000	−77 000	−148 000	−173 000
Dividends	0	1 200 000	0	0
Net Income	967 000	562 000	654 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 428 000	4 632 000	5 107 000	5 588 000
Machinery and Plant Facilities	382 000	377 000	413 000	435 000
Fixtures	131 000	161 000	198 000	164 000
Total Tangible Assets	4 942 000	5 170 000	5 718 000	6 187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 942 000	5 170 000	5 718 000	6 187 000
Stock	1 366 000	1 179 000	949 000	874 000
Total Investments	0	0	0	0
Cash, Bank	2 331 000	1 637 000	1 638 000	1 021 000
Total Current Assets	5 185 000	4 065 000	4 690 000	3 688 000
Total Assets	10 127 000	9 235 000	10 407 000	9 875 000
Total Equity	5 165 000	4 198 000	4 836 000	4 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 455 000	2 932 000	3 398 000	3 816 000
Creditors	505 000	471 000	304 000	288 000
Unpaid Taxes	364 000	354 000	411 000	371 000
Dividends	0	1 200 000	0	0
Other Current Debt	1 352 000	1 029 000	1 195 000	1 103 000
Total Current Debt	2 508 000	2 106 000	2 173 000	1 877 000
Total Equity and Debt	10 127 000	9 235 000	10 407 000	9 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,72 %	13,39 %	13,52 %	8,99 %
Debt-to-Equity Ratio	0,48	0,7	0,7	0,91
Operating Profit Margin	10,09 %	7,15 %	8,82 %	6,11 %
Current Ratio	2,07	1,93	2,16	1,96
Quick Ratio	4,54	4,39	3,83	3,68
Equity Ratio	0,51	0,45	0,46	0,42
Gross Profit Margin	70,13 %	70,98 %	69,9 %	74,71 %