OFOTEN MASKIN AS

8530 BJERKVIK

Finances

Share Ownership

Return on Equity

5,96 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 038 000	4 325 000	3 116 000	3 894 000
Net Income	145 000	884 000	−196 000	361 000
Total Assets	3 994 000	3 383 000	2 056 000	2 625 000
Total Equity	2 431 000	2 286 000	1 402 000	1 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 038 000	4 325 000	3 116 000	3 894 000
Expenditure	5 845 000	3 213 000	3 290 000	3 487 000
Operating Profit	194 000	1 112 000	−173 000	407 000
Financial Income	0	0	0	2 000
Financial Costs	8 000	29 000	28 000	43 000
Financial Balance	−8 000	−29 000	−28 000	−41 000
Earnings Before Tax	186 000	1 082 000	−201 000	366 000
Tax	41 000	199 000	−5 000	5 000
Net Income	145 000	884 000	−196 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 495 000	1 867 000	1 096 000	999 000
Total Current Assets	1 498 000	1 516 000	959 000	1 626 000
Total Assets	3 994 000	3 383 000	2 056 000	2 625 000
Total Retained Equity	2 331 000	2 186 000	1 302 000	1 499 000
Total Equity	2 431 000	2 286 000	1 402 000	1 599 000
Total Long-Term Debt	188 000	225 000	308 000	486 000
Total Current Debt	1 374 000	872 000	345 000	541 000
Total Equity and Debt	3 994 000	3 383 000	2 056 000	2 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 038 000	4 633 000	3 047 000	3 890 000
Other Income	0	−308 000	69 000	4 000
Revenue	6 038 000	4 325 000	3 116 000	3 894 000
Cost of Goods Sold	693 000	257 000	372 000	666 000
Salary Costs	2 121 000	1 210 000	1 293 000	1 295 000
Depreciation	173 000	131 000	123 000	101 000
Impairment	0	0	0	0
Expenditure	5 845 000	3 213 000	3 290 000	3 487 000
Operating Profit	194 000	1 112 000	−173 000	407 000
Financial Income	0	0	0	2 000
Financial Costs	8 000	29 000	28 000	43 000
Financial Balance	−8 000	−29 000	−28 000	−41 000
Dividends	0	0	0	0
Net Income	145 000	884 000	−196 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	468 000	486 000	505 000	523 000
Machinery and Plant Facilities	1 184 000	764 000	476 000	369 000
Fixtures	12 000	0	0	6 000
Total Tangible Assets	1 663 000	1 250 000	980 000	899 000
Total Fiancial Fixed Assets	832 000	617 000	116 000	100 000
Total Fixed Assets	2 495 000	1 867 000	1 096 000	999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	431 000	285 000	345 000	689 000
Total Current Assets	1 498 000	1 516 000	959 000	1 626 000
Total Assets	3 994 000	3 383 000	2 056 000	2 625 000
Total Equity	2 431 000	2 286 000	1 402 000	1 599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	188 000	225 000	308 000	486 000
Creditors	311 000	225 000	100 000	166 000
Unpaid Taxes	632 000	309 000	123 000	277 000
Dividends	0	0	0	0
Other Current Debt	408 000	184 000	123 000	98 000
Total Current Debt	1 374 000	872 000	345 000	541 000
Total Equity and Debt	3 994 000	3 383 000	2 056 000	2 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,96 %	38,67 %	−13,98 %	22,58 %
Debt-to-Equity Ratio	0,08	0,1	0,22	0,3
Operating Profit Margin	3,21 %	25,71 %	−5,55 %	10,45 %
Current Ratio	1,09	1,74	2,78	3,01
Quick Ratio	1,09	1,74	2,78	3,01
Equity Ratio	0,61	0,68	0,68	0,61
Gross Profit Margin	88,52 %	94,06 %	88,06 %	82,9 %