EINAR OG KAARES MEKANISKE AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

22,42 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 149 000	25 405 000	29 026 000	27 721 000
Net Income	684 000	−862 000	1 032 000	1 673 000
Total Assets	9 300 000	7 274 000	9 336 000	6 980 000
Total Equity	3 051 000	2 368 000	3 230 000	2 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 149 000	25 405 000	29 026 000	27 721 000
Expenditure	23 132 000	26 363 000	27 595 000	25 934 000
Operating Profit	1 018 000	−958 000	1 431 000	1 786 000
Financial Income	0	0	0	0
Financial Costs	134 000	141 000	102 000	98 000
Financial Balance	−134 000	−141 000	−102 000	−98 000
Earnings Before Tax	883 000	−1 099 000	1 330 000	1 689 000
Tax	200 000	−236 000	298 000	15 000
Net Income	684 000	−862 000	1 032 000	1 673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 585 000	1 872 000	1 981 000	1 584 000
Total Current Assets	7 714 000	5 402 000	7 354 000	5 396 000
Total Assets	9 300 000	7 274 000	9 336 000	6 980 000
Total Retained Equity	2 951 000	2 268 000	3 130 000	2 098 000
Total Equity	3 051 000	2 368 000	3 230 000	2 198 000
Total Long-Term Debt	592 000	414 000	556 000	201 000
Total Current Debt	5 656 000	4 493 000	5 549 000	4 581 000
Total Equity and Debt	9 300 000	7 274 000	9 336 000	6 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 149 000	25 405 000	29 026 000	27 721 000
Other Income	0	0	0	0
Revenue	24 149 000	25 405 000	29 026 000	27 721 000
Cost of Goods Sold	6 588 000	9 207 000	8 642 000	8 028 000
Salary Costs	11 712 000	11 758 000	13 842 000	13 227 000
Depreciation	434 000	434 000	289 000	149 000
Impairment	0	0	0	0
Expenditure	23 132 000	26 363 000	27 595 000	25 934 000
Operating Profit	1 018 000	−958 000	1 431 000	1 786 000
Financial Income	0	0	0	0
Financial Costs	134 000	141 000	102 000	98 000
Financial Balance	−134 000	−141 000	−102 000	−98 000
Dividends	0	0	0	0
Net Income	684 000	−862 000	1 032 000	1 673 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	157 000	356 000	120 000	418 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 166 000	1 253 000	1 594 000	885 000
Total Tangible Assets	1 166 000	1 253 000	1 594 000	885 000
Total Fiancial Fixed Assets	263 000	263 000	267 000	281 000
Total Fixed Assets	1 585 000	1 872 000	1 981 000	1 584 000
Stock	1 484 000	2 157 000	747 000	513 000
Total Investments	0	0	0	0
Cash, Bank	609 000	466 000	816 000	1 173 000
Total Current Assets	7 714 000	5 402 000	7 354 000	5 396 000
Total Assets	9 300 000	7 274 000	9 336 000	6 980 000
Total Equity	3 051 000	2 368 000	3 230 000	2 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	592 000	414 000	556 000	201 000
Creditors	1 714 000	1 185 000	2 237 000	2 006 000
Unpaid Taxes	1 743 000	841 000	1 254 000	1 352 000
Dividends	0	0	0	0
Other Current Debt	1 324 000	1 425 000	1 460 000	1 223 000
Total Current Debt	5 656 000	4 493 000	5 549 000	4 581 000
Total Equity and Debt	9 300 000	7 274 000	9 336 000	6 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,42 %	−36,4 %	31,95 %	76,11 %
Debt-to-Equity Ratio	0,19	0,17	0,17	0,09
Operating Profit Margin	4,22 %	−3,77 %	4,93 %	6,44 %
Current Ratio	1,36	1,2	1,33	1,18
Quick Ratio	1,85	2,31	1,53	1,33
Equity Ratio	0,33	0,33	0,35	0,31
Gross Profit Margin	72,72 %	63,76 %	70,23 %	71,04 %