ENGTECH A/S

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

116,76 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 662 000	4 641 000	2 155 000	4 859 000
Net Income	1 470 000	−196 000	−293 000	224 000
Total Assets	5 426 000	682 000	640 000	1 484 000
Total Equity	1 259 000	−211 000	−15 000	308 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 662 000	4 641 000	2 155 000	4 859 000
Expenditure	7 669 000	4 639 000	2 542 000	4 532 000
Operating Profit	1 991 000	2 000	−387 000	326 000
Financial Income	−71 000	−252 000	12 000	−38 000
Financial Costs	34 000	0	0	1 000
Financial Balance	−105 000	−252 000	12 000	−39 000
Earnings Before Tax	1 886 000	−251 000	−375 000	288 000
Tax	416 000	−55 000	−82 000	64 000
Net Income	1 470 000	−196 000	−293 000	224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	96 000	41 000	0
Total Current Assets	5 426 000	586 000	598 000	1 484 000
Total Assets	5 426 000	682 000	640 000	1 484 000
Total Retained Equity	1 158 000	−311 000	−115 000	208 000
Total Equity	1 259 000	−211 000	−15 000	308 000
Total Long-Term Debt	3 000	0	0	11 000
Total Current Debt	4 164 000	893 000	654 000	1 165 000
Total Equity and Debt	5 426 000	682 000	640 000	1 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 662 000	4 641 000	2 155 000	4 859 000
Other Income	0	0	0	0
Revenue	9 662 000	4 641 000	2 155 000	4 859 000
Cost of Goods Sold	5 554 000	2 853 000	1 613 000	2 737 000
Salary Costs	1 745 000	1 089 000	571 000	1 391 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 669 000	4 639 000	2 542 000	4 532 000
Operating Profit	1 991 000	2 000	−387 000	326 000
Financial Income	−71 000	−252 000	12 000	−38 000
Financial Costs	34 000	0	0	1 000
Financial Balance	−105 000	−252 000	12 000	−39 000
Dividends	0	0	30 000	150 000
Net Income	1 470 000	−196 000	−293 000	224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	96 000	41 000	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	0	0	0	0
Total Fixed Assets	0	96 000	41 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	287 000	360 000	335 000	692 000
Total Current Assets	5 426 000	586 000	598 000	1 484 000
Total Assets	5 426 000	682 000	640 000	1 484 000
Total Equity	1 259 000	−211 000	−15 000	308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	11 000
Creditors	3 312 000	607 000	459 000	309 000
Unpaid Taxes	199 000	155 000	85 000	67 000
Dividends	0	0	30 000	150 000
Other Current Debt	337 000	131 000	110 000	758 000
Total Current Debt	4 164 000	893 000	654 000	1 165 000
Total Equity and Debt	5 426 000	682 000	640 000	1 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,76 %	92,89 %	1 953,33 %	72,73 %
Debt-to-Equity Ratio	0	−0	−0	0,04
Operating Profit Margin	20,61 %	0,04 %	−17,96 %	6,71 %
Current Ratio	1,3	0,66	0,91	1,27
Quick Ratio	1,3	0,66	0,91	1,27
Equity Ratio	0,23	−0,31	−0,02	0,21
Gross Profit Margin	42,52 %	38,53 %	25,15 %	43,67 %