ØKERN ENGROS AS

1405 LANGHUS

Finances

Return on Equity

8,57 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 974 000	405 029 000	447 384 000	385 803 000
Net Income	3 005 000	13 187 000	16 511 000	6 592 000
Total Assets	91 588 000	92 857 000	94 833 000	88 314 000
Total Equity	35 069 000	36 064 000	34 877 000	40 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 974 000	405 029 000	447 384 000	385 803 000
Expenditure	377 077 000	388 100 000	426 120 000	377 233 000
Operating Profit	3 897 000	16 930 000	21 265 000	8 569 000
Financial Income	19 000	26 000	86 000	32 000
Financial Costs	55 000	45 000	175 000	136 000
Financial Balance	−36 000	−19 000	−89 000	−104 000
Earnings Before Tax	3 861 000	16 912 000	21 176 000	8 465 000
Tax	856 000	3 725 000	4 666 000	1 873 000
Net Income	3 005 000	13 187 000	16 511 000	6 592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 254 000	5 863 000	6 454 000	2 899 000
Total Current Assets	85 335 000	86 994 000	88 379 000	85 415 000
Total Assets	91 588 000	92 857 000	94 833 000	88 314 000
Total Retained Equity	34 919 000	35 914 000	34 727 000	40 216 000
Total Equity	35 069 000	36 064 000	34 877 000	40 366 000
Total Long-Term Debt	0	0	0	1 133 000
Total Current Debt	56 520 000	56 793 000	59 956 000	46 814 000
Total Equity and Debt	91 588 000	92 857 000	94 833 000	88 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 930 000	405 029 000	446 811 000	385 103 000
Other Income	1 043 000	0	573 000	700 000
Revenue	380 974 000	405 029 000	447 384 000	385 803 000
Cost of Goods Sold	336 074 000	350 186 000	391 770 000	344 992 000
Salary Costs	26 024 000	26 256 000	23 120 000	21 521 000
Depreciation	107 000	177 000	430 000	676 000
Impairment	0	0	0	0
Expenditure	377 077 000	388 100 000	426 120 000	377 233 000
Operating Profit	3 897 000	16 930 000	21 265 000	8 569 000
Financial Income	19 000	26 000	86 000	32 000
Financial Costs	55 000	45 000	175 000	136 000
Financial Balance	−36 000	−19 000	−89 000	−104 000
Dividends	4 000 000	12 000 000	12 000 000	3 000 000
Net Income	3 005 000	13 187 000	16 511 000	6 592 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	36 000	72 000	208 000
Real Eastate	150 000	150 000	150 000	150 000
Machinery and Plant Facilities	960 000	147 000	302 000	2 075 000
Fixtures	0	0	0	58 000
Total Tangible Assets	1 110 000	297 000	452 000	2 283 000
Total Fiancial Fixed Assets	5 100 000	5 530 000	5 930 000	409 000
Total Fixed Assets	6 254 000	5 863 000	6 454 000	2 899 000
Stock	1 883 000	4 213 000	2 938 000	2 673 000
Total Investments	0	0	0	0
Cash, Bank	7 466 000	9 904 000	18 931 000	22 665 000
Total Current Assets	85 335 000	86 994 000	88 379 000	85 415 000
Total Assets	91 588 000	92 857 000	94 833 000	88 314 000
Total Equity	35 069 000	36 064 000	34 877 000	40 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 133 000
Creditors	46 346 000	36 253 000	39 489 000	38 685 000
Unpaid Taxes	1 651 000	1 535 000	1 524 000	1 501 000
Dividends	4 000 000	12 000 000	12 000 000	3 000 000
Other Current Debt	3 658 000	3 316 000	2 413 000	1 964 000
Total Current Debt	56 520 000	56 793 000	59 956 000	46 814 000
Total Equity and Debt	91 588 000	92 857 000	94 833 000	88 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,57 %	36,57 %	47,34 %	16,33 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	1,02 %	4,18 %	4,75 %	2,22 %
Current Ratio	1,51	1,53	1,47	1,82
Quick Ratio	1,56	1,65	1,55	1,94
Equity Ratio	0,38	0,39	0,37	0,46
Gross Profit Margin	11,79 %	13,54 %	12,43 %	10,58 %