EMITECH AS

3295 HELGEROA

Finances

Share Ownership

Return on Equity

9,18 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 119 000	11 537 000	8 157 000	6 164 000
Net Income	185 000	884 000	146 000	130 000
Total Assets	6 734 000	5 960 000	9 107 000	8 577 000
Total Equity	2 015 000	1 955 000	1 955 000	2 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 119 000	11 537 000	8 157 000	6 164 000
Expenditure	4 666 000	10 074 000	7 833 000	5 829 000
Operating Profit	435 000	1 236 000	325 000	335 000
Financial Income	5 000	21 000	26 000	10 000
Financial Costs	174 000	123 000	155 000	176 000
Financial Balance	−169 000	−102 000	−129 000	−166 000
Earnings Before Tax	266 000	1 134 000	196 000	168 000
Tax	81 000	249 000	50 000	38 000
Net Income	185 000	884 000	146 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 634 000	2 781 000	4 584 000	4 509 000
Total Current Assets	3 100 000	3 179 000	4 523 000	4 068 000
Total Assets	6 734 000	5 960 000	9 107 000	8 577 000
Total Retained Equity	59 000	0	0	131 000
Total Equity	2 015 000	1 955 000	1 955 000	2 420 000
Total Long-Term Debt	149 000	759 000	3 467 000	3 699 000
Total Current Debt	4 571 000	3 246 000	3 685 000	2 458 000
Total Equity and Debt	6 734 000	5 960 000	9 107 000	8 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 119 000	10 573 000	8 157 000	6 164 000
Other Income	0	965 000	0	0
Revenue	6 119 000	11 537 000	8 157 000	6 164 000
Cost of Goods Sold	3 181 000	8 889 000	6 746 000	4 996 000
Salary Costs	534 000	546 000	506 000	183 000
Depreciation	290 000	60 000	55 000	44 000
Impairment	0	0	0	0
Expenditure	4 666 000	10 074 000	7 833 000	5 829 000
Operating Profit	435 000	1 236 000	325 000	335 000
Financial Income	5 000	21 000	26 000	10 000
Financial Costs	174 000	123 000	155 000	176 000
Financial Balance	−169 000	−102 000	−129 000	−166 000
Dividends	0	0	611 000	0
Net Income	185 000	884 000	146 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	6 000	158 000	208 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 135 000	125 000	186 000	160 000
Total Tangible Assets	1 135 000	125 000	186 000	160 000
Total Fiancial Fixed Assets	2 492 000	2 650 000	4 241 000	4 141 000
Total Fixed Assets	3 634 000	2 781 000	4 584 000	4 509 000
Stock	1 063 000	2 081 000	1 280 000	1 883 000
Total Investments	0	0	0	0
Cash, Bank	19 000	24 000	915 000	27 000
Total Current Assets	3 100 000	3 179 000	4 523 000	4 068 000
Total Assets	6 734 000	5 960 000	9 107 000	8 577 000
Total Equity	2 015 000	1 955 000	1 955 000	2 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	149 000	759 000	3 467 000	3 699 000
Creditors	217 000	52 000	493 000	1 180 000
Unpaid Taxes	181 000	40 000	38 000	10 000
Dividends	0	0	611 000	0
Other Current Debt	947 000	907 000	2 543 000	1 268 000
Total Current Debt	4 571 000	3 246 000	3 685 000	2 458 000
Total Equity and Debt	6 734 000	5 960 000	9 107 000	8 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,18 %	45,22 %	7,47 %	5,37 %
Debt-to-Equity Ratio	0,07	0,39	1,77	1,53
Operating Profit Margin	7,11 %	10,71 %	3,98 %	5,43 %
Current Ratio	0,68	0,98	1,23	1,66
Quick Ratio	0,88	2,73	1,88	7,07
Equity Ratio	0,3	0,33	0,21	0,28
Gross Profit Margin	48,01 %	22,95 %	17,3 %	18,95 %