EQUITY CREDIT MANAGEMENT AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

22,62 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 729 000	28 531 000	28 173 000	26 193 000
Net Income	1 642 000	1 840 000	1 220 000	1 414 000
Total Assets	13 916 000	11 907 000	9 927 000	9 770 000
Total Equity	7 258 000	6 565 000	5 936 000	4 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 729 000	28 531 000	28 173 000	26 193 000
Expenditure	30 575 000	26 574 000	26 967 000	24 539 000
Operating Profit	2 154 000	1 959 000	1 206 000	1 654 000
Financial Income	233 000	428 000	426 000	331 000
Financial Costs	156 000	21 000	39 000	39 000
Financial Balance	77 000	407 000	387 000	292 000
Earnings Before Tax	2 231 000	2 366 000	1 593 000	1 946 000
Tax	590 000	527 000	373 000	533 000
Net Income	1 642 000	1 840 000	1 220 000	1 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 324 000	4 209 000	3 018 000	249 000
Total Current Assets	9 592 000	7 698 000	6 908 000	9 520 000
Total Assets	13 916 000	11 907 000	9 927 000	9 770 000
Total Retained Equity	7 158 000	6 465 000	5 836 000	4 616 000
Total Equity	7 258 000	6 565 000	5 936 000	4 716 000
Total Long-Term Debt	618 000	802 000	0	158 000
Total Current Debt	6 040 000	4 540 000	3 990 000	4 895 000
Total Equity and Debt	13 916 000	11 907 000	9 927 000	9 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 632 000	28 359 000	28 173 000	26 193 000
Other Income	97 000	173 000	0	0
Revenue	32 729 000	28 531 000	28 173 000	26 193 000
Cost of Goods Sold	7 582 000	6 757 000	6 842 000	5 114 000
Salary Costs	9 690 000	8 187 000	8 274 000	8 513 000
Depreciation	304 000	232 000	130 000	147 000
Impairment	0	0	0	0
Expenditure	30 575 000	26 574 000	26 967 000	24 539 000
Operating Profit	2 154 000	1 959 000	1 206 000	1 654 000
Financial Income	233 000	428 000	426 000	331 000
Financial Costs	156 000	21 000	39 000	39 000
Financial Balance	77 000	407 000	387 000	292 000
Dividends	949 000	1 211 000	0	1 200 000
Net Income	1 642 000	1 840 000	1 220 000	1 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 034 000	2 034 000	1 643 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 199 000	1 269 000	422 000	151 000
Total Tangible Assets	3 233 000	3 303 000	2 065 000	151 000
Total Fiancial Fixed Assets	1 090 000	906 000	954 000	98 000
Total Fixed Assets	4 324 000	4 209 000	3 018 000	249 000
Stock	0	0	0	0
Total Investments	1 222 000	1 368 000	1 137 000	0
Cash, Bank	4 148 000	2 567 000	2 321 000	5 647 000
Total Current Assets	9 592 000	7 698 000	6 908 000	9 520 000
Total Assets	13 916 000	11 907 000	9 927 000	9 770 000
Total Equity	7 258 000	6 565 000	5 936 000	4 716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	618 000	802 000	0	158 000
Creditors	1 622 000	1 793 000	1 366 000	1 247 000
Unpaid Taxes	1 754 000	1 409 000	1 310 000	1 396 000
Dividends	949 000	1 211 000	0	1 200 000
Other Current Debt	1 132 000	855 000	941 000	934 000
Total Current Debt	6 040 000	4 540 000	3 990 000	4 895 000
Total Equity and Debt	13 916 000	11 907 000	9 927 000	9 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,62 %	28,03 %	20,55 %	29,98 %
Debt-to-Equity Ratio	0,09	0,12	0	0,03
Operating Profit Margin	6,58 %	6,87 %	4,28 %	6,31 %
Current Ratio	1,59	1,7	1,73	1,94
Quick Ratio	1,59	1,7	1,73	1,94
Equity Ratio	0,52	0,55	0,6	0,48
Gross Profit Margin	76,83 %	76,32 %	75,71 %	80,48 %