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Finances

Return on Equity

27,67 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 829 000	18 837 000	16 824 000	16 069 000
Net Income	2 292 000	3 089 000	2 453 000	2 358 000
Total Assets	15 252 000	16 133 000	15 719 000	10 182 000
Total Equity	8 282 000	7 991 000	7 901 000	6 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 829 000	18 837 000	16 824 000	16 069 000
Expenditure	14 764 000	14 756 000	13 435 000	13 005 000
Operating Profit	3 064 000	4 082 000	3 389 000	3 064 000
Financial Income	31 000	36 000	24 000	7 000
Financial Costs	109 000	100 000	163 000	45 000
Financial Balance	−78 000	−64 000	−139 000	−38 000
Earnings Before Tax	2 985 000	4 018 000	3 250 000	3 026 000
Tax	693 000	929 000	797 000	668 000
Net Income	2 292 000	3 089 000	2 453 000	2 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 122 000	5 437 000	5 299 000	1 616 000
Total Current Assets	10 130 000	10 696 000	10 420 000	8 566 000
Total Assets	15 252 000	16 133 000	15 719 000	10 182 000
Total Retained Equity	8 182 000	7 891 000	7 801 000	6 849 000
Total Equity	8 282 000	7 991 000	7 901 000	6 949 000
Total Long-Term Debt	1 034 000	1 228 000	2 771 000	0
Total Current Debt	5 936 000	6 915 000	5 046 000	3 233 000
Total Equity and Debt	15 252 000	16 133 000	15 719 000	10 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 441 000	18 655 000	16 999 000	15 603 000
Other Income	388 000	182 000	−175 000	467 000
Revenue	17 829 000	18 837 000	16 824 000	16 069 000
Cost of Goods Sold	9 423 000	9 912 000	9 115 000	8 933 000
Salary Costs	3 257 000	2 903 000	2 487 000	2 328 000
Depreciation	458 000	503 000	468 000	345 000
Impairment	0	0	0	0
Expenditure	14 764 000	14 756 000	13 435 000	13 005 000
Operating Profit	3 064 000	4 082 000	3 389 000	3 064 000
Financial Income	31 000	36 000	24 000	7 000
Financial Costs	109 000	100 000	163 000	45 000
Financial Balance	−78 000	−64 000	−139 000	−38 000
Dividends	2 000 000	3 000 000	1 500 000	400 000
Net Income	2 292 000	3 089 000	2 453 000	2 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	51 000
Real Eastate	4 550 000	4 812 000	4 603 000	748 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	265 000	318 000	578 000	700 000
Total Tangible Assets	4 815 000	5 130 000	5 181 000	1 448 000
Total Fiancial Fixed Assets	307 000	307 000	118 000	118 000
Total Fixed Assets	5 122 000	5 437 000	5 299 000	1 616 000
Stock	4 696 000	4 066 000	2 924 000	2 667 000
Total Investments	0	0	0	0
Cash, Bank	4 987 000	6 302 000	7 095 000	5 481 000
Total Current Assets	10 130 000	10 696 000	10 420 000	8 566 000
Total Assets	15 252 000	16 133 000	15 719 000	10 182 000
Total Equity	8 282 000	7 991 000	7 901 000	6 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 034 000	1 228 000	2 771 000	0
Creditors	1 397 000	1 072 000	745 000	906 000
Unpaid Taxes	826 000	875 000	807 000	682 000
Dividends	2 000 000	3 000 000	1 500 000	400 000
Other Current Debt	1 018 000	1 023 000	1 244 000	602 000
Total Current Debt	5 936 000	6 915 000	5 046 000	3 233 000
Total Equity and Debt	15 252 000	16 133 000	15 719 000	10 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,67 %	38,66 %	31,05 %	33,93 %
Debt-to-Equity Ratio	0,12	0,15	0,35	0
Operating Profit Margin	17,19 %	21,67 %	20,14 %	19,07 %
Current Ratio	1,71	1,55	2,07	2,65
Quick Ratio	8,17	3,75	4,91	15,13
Equity Ratio	0,54	0,5	0,5	0,68
Gross Profit Margin	47,15 %	47,38 %	45,82 %	44,41 %