ENVITECH AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

0,23 %

Current Ratio

0,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 639 000	5 179 000	4 260 000	3 984 000
Net Income	6 000	−172 000	269 000	264 000
Total Assets	3 927 000	4 070 000	3 999 000	3 664 000
Total Equity	2 642 000	2 636 000	2 808 000	2 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 639 000	5 179 000	4 260 000	3 984 000
Expenditure	5 628 000	5 274 000	3 902 000	3 798 000
Operating Profit	10 000	−95 000	358 000	186 000
Financial Income	2 000	2 000	4 000	1 000
Financial Costs	4 000	11 000	4 000	2 000
Financial Balance	−2 000	−9 000	0	−1 000
Earnings Before Tax	8 000	−103 000	358 000	185 000
Tax	2 000	69 000	89 000	−79 000
Net Income	6 000	−172 000	269 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 534 000	3 441 000	2 900 000	2 578 000
Total Current Assets	392 000	629 000	1 099 000	1 086 000
Total Assets	3 927 000	4 070 000	3 999 000	3 664 000
Total Retained Equity	−363 000	−370 000	−198 000	−467 000
Total Equity	2 642 000	2 636 000	2 808 000	2 538 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 285 000	1 434 000	1 192 000	1 126 000
Total Equity and Debt	3 927 000	4 070 000	3 999 000	3 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 750 000	5 140 000	4 224 000	3 975 000
Other Income	−112 000	38 000	36 000	9 000
Revenue	5 639 000	5 179 000	4 260 000	3 984 000
Cost of Goods Sold	284 000	212 000	211 000	175 000
Salary Costs	4 100 000	3 657 000	2 522 000	2 233 000
Depreciation	405 000	391 000	424 000	319 000
Impairment	0	0	0	0
Expenditure	5 628 000	5 274 000	3 902 000	3 798 000
Operating Profit	10 000	−95 000	358 000	186 000
Financial Income	2 000	2 000	4 000	1 000
Financial Costs	4 000	11 000	4 000	2 000
Financial Balance	−2 000	−9 000	0	−1 000
Dividends	0	0	0	0
Net Income	6 000	−172 000	269 000	264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 526 000	3 427 000	2 875 000	2 565 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	−5 000	1 000	13 000	0
Total Tangible Assets	−5 000	1 000	13 000	0
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	3 534 000	3 441 000	2 900 000	2 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	173 000	420 000	146 000	491 000
Total Current Assets	392 000	629 000	1 099 000	1 086 000
Total Assets	3 927 000	4 070 000	3 999 000	3 664 000
Total Equity	2 642 000	2 636 000	2 808 000	2 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	159 000	5 000	47 000
Unpaid Taxes	265 000	463 000	428 000	416 000
Dividends	0	0	0	0
Other Current Debt	904 000	812 000	758 000	663 000
Total Current Debt	1 285 000	1 434 000	1 192 000	1 126 000
Total Equity and Debt	3 927 000	4 070 000	3 999 000	3 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,23 %	−6,53 %	9,58 %	10,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,18 %	−1,83 %	8,4 %	4,67 %
Current Ratio	0,31	0,44	0,92	0,96
Quick Ratio	0,31	0,44	0,92	0,96
Equity Ratio	0,67	0,65	0,7	0,69
Gross Profit Margin	94,96 %	95,91 %	95,05 %	95,61 %