ARMATEC AS

1383 ASKER

Finances

Share Ownership

Return on Equity

69,28 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	256 374 000	142 440 000	121 587 000	130 388 000
Net Income	15 926 000	7 984 000	5 949 000	5 102 000
Total Assets	91 222 000	48 645 000	35 969 000	38 085 000
Total Equity	22 987 000	14 411 000	14 327 000	14 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	256 374 000	142 440 000	121 587 000	130 388 000
Expenditure	235 784 000	132 223 000	113 951 000	123 817 000
Operating Profit	20 590 000	10 217 000	7 636 000	6 572 000
Financial Income	159 000	33 000	1 000	14 000
Financial Costs	320 000	13 000	9 000	42 000
Financial Balance	−161 000	20 000	−8 000	−28 000
Earnings Before Tax	20 429 000	10 236 000	7 628 000	6 545 000
Tax	4 503 000	2 253 000	1 679 000	1 443 000
Net Income	15 926 000	7 984 000	5 949 000	5 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 917 000	1 532 000	1 383 000	1 527 000
Total Current Assets	86 305 000	47 113 000	34 585 000	36 559 000
Total Assets	91 222 000	48 645 000	35 969 000	38 085 000
Total Retained Equity	18 001 000	13 316 000	13 232 000	13 284 000
Total Equity	22 987 000	14 411 000	14 327 000	14 378 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 235 000	34 235 000	21 642 000	23 707 000
Total Equity and Debt	91 222 000	48 645 000	35 969 000	38 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 245 000	142 439 000	121 585 000	130 296 000
Other Income	2 130 000	1 000	2 000	92 000
Revenue	256 374 000	142 440 000	121 587 000	130 388 000
Cost of Goods Sold	171 954 000	96 664 000	82 346 000	90 249 000
Salary Costs	42 151 000	24 859 000	22 838 000	23 679 000
Depreciation	356 000	160 000	206 000	413 000
Impairment	0	0	0	0
Expenditure	235 784 000	132 223 000	113 951 000	123 817 000
Operating Profit	20 590 000	10 217 000	7 636 000	6 572 000
Financial Income	159 000	33 000	1 000	14 000
Financial Costs	320 000	13 000	9 000	42 000
Financial Balance	−161 000	20 000	−8 000	−28 000
Dividends	15 926 000	7 900 000	6 000 000	6 000 000
Net Income	15 926 000	7 984 000	5 949 000	5 102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 105 000	632 000	505 000	442 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	718 000	878 000	1 085 000
Fixtures	742 000	181 000	0	0
Total Tangible Assets	742 000	899 000	878 000	1 085 000
Total Fiancial Fixed Assets	70 000	0	0	0
Total Fixed Assets	4 917 000	1 532 000	1 383 000	1 527 000
Stock	33 301 000	19 219 000	15 475 000	13 738 000
Total Investments	0	0	0	0
Cash, Bank	17 099 000	5 624 000	2 295 000	4 958 000
Total Current Assets	86 305 000	47 113 000	34 585 000	36 559 000
Total Assets	91 222 000	48 645 000	35 969 000	38 085 000
Total Equity	22 987 000	14 411 000	14 327 000	14 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 801 000	9 216 000	4 155 000	5 239 000
Unpaid Taxes	11 278 000	6 785 000	5 496 000	5 221 000
Dividends	15 926 000	7 900 000	6 000 000	6 000 000
Other Current Debt	30 284 000	15 853 000	10 248 000	11 672 000
Total Current Debt	68 235 000	34 235 000	21 642 000	23 707 000
Total Equity and Debt	91 222 000	48 645 000	35 969 000	38 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,28 %	55,4 %	41,52 %	35,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,03 %	7,17 %	6,28 %	5,04 %
Current Ratio	1,26	1,38	1,6	1,54
Quick Ratio	2,47	3,14	5,61	3,67
Equity Ratio	0,25	0,3	0,4	0,38
Gross Profit Margin	32,93 %	32,14 %	32,27 %	30,78 %