EVOLV AS

9152 SØRKJOSEN

Finances

Share Ownership

Return on Equity

21,46 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 006 000	28 879 000	30 703 000	30 756 000
Net Income	1 930 000	1 860 000	780 000	1 111 000
Total Assets	25 133 000	16 123 000	16 726 000	12 617 000
Total Equity	8 992 000	7 062 000	5 201 000	4 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 006 000	28 879 000	30 703 000	30 756 000
Expenditure	32 532 000	26 475 000	29 698 000	29 270 000
Operating Profit	2 473 000	2 404 000	1 005 000	1 486 000
Financial Income	16 000	8 000	1 000	11 000
Financial Costs	24 000	28 000	15 000	16 000
Financial Balance	−8 000	−20 000	−14 000	−5 000
Earnings Before Tax	2 465 000	2 384 000	990 000	1 481 000
Tax	535 000	523 000	210 000	370 000
Net Income	1 930 000	1 860 000	780 000	1 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 454 000	831 000	817 000	237 000
Total Current Assets	23 678 000	15 292 000	15 909 000	12 380 000
Total Assets	25 133 000	16 123 000	16 726 000	12 617 000
Total Retained Equity	7 793 000	5 863 000	4 003 000	3 222 000
Total Equity	8 992 000	7 062 000	5 201 000	4 421 000
Total Long-Term Debt	71 000	118 000	0	0
Total Current Debt	16 070 000	8 944 000	11 524 000	8 196 000
Total Equity and Debt	25 133 000	16 123 000	16 726 000	12 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 585 000	28 550 000	28 531 000	28 411 000
Other Income	421 000	329 000	2 173 000	2 345 000
Revenue	35 006 000	28 879 000	30 703 000	30 756 000
Cost of Goods Sold	27 390 000	21 584 000	25 101 000	25 922 000
Salary Costs	2 811 000	2 876 000	2 285 000	1 315 000
Depreciation	142 000	114 000	39 000	10 000
Impairment	0	0	0	0
Expenditure	32 532 000	26 475 000	29 698 000	29 270 000
Operating Profit	2 473 000	2 404 000	1 005 000	1 486 000
Financial Income	16 000	8 000	1 000	11 000
Financial Costs	24 000	28 000	15 000	16 000
Financial Balance	−8 000	−20 000	−14 000	−5 000
Dividends	0	0	0	0
Net Income	1 930 000	1 860 000	780 000	1 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	350 000	0	0	0
Fixtures	644 000	706 000	640 000	74 000
Total Tangible Assets	994 000	706 000	640 000	74 000
Total Fiancial Fixed Assets	461 000	125 000	177 000	163 000
Total Fixed Assets	1 454 000	831 000	817 000	237 000
Stock	15 407 000	11 449 000	12 380 000	7 272 000
Total Investments	0	0	0	0
Cash, Bank	6 161 000	2 856 000	2 133 000	3 923 000
Total Current Assets	23 678 000	15 292 000	15 909 000	12 380 000
Total Assets	25 133 000	16 123 000	16 726 000	12 617 000
Total Equity	8 992 000	7 062 000	5 201 000	4 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	118 000	0	0
Creditors	12 965 000	7 044 000	10 090 000	6 103 000
Unpaid Taxes	968 000	477 000	119 000	525 000
Dividends	0	0	0	0
Other Current Debt	1 602 000	899 000	1 106 000	1 197 000
Total Current Debt	16 070 000	8 944 000	11 524 000	8 196 000
Total Equity and Debt	25 133 000	16 123 000	16 726 000	12 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,46 %	26,34 %	15 %	25,13 %
Debt-to-Equity Ratio	0,01	0,02	0	0
Operating Profit Margin	7,06 %	8,32 %	3,27 %	4,83 %
Current Ratio	1,47	1,71	1,38	1,51
Quick Ratio	35,71	−6,1	−18,59	13,4
Equity Ratio	0,36	0,44	0,31	0,35
Gross Profit Margin	21,76 %	25,26 %	18,25 %	15,72 %