LOCATION NORWAY AS

7011 TRONDHEIM

Finances

Return on Equity

19,56 %

Current Ratio

3,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 581 000	12 727 000	10 774 000	18 566 000
Net Income	7 129 000	3 954 000	3 430 000	8 885 000
Total Assets	43 568 000	33 406 000	30 758 000	34 087 000
Total Equity	36 454 000	29 325 000	25 371 000	21 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 581 000	12 727 000	10 774 000	18 566 000
Expenditure	9 823 000	7 807 000	7 853 000	9 283 000
Operating Profit	8 759 000	4 920 000	2 921 000	9 283 000
Financial Income	362 000	122 000	1 170 000	2 114 000
Financial Costs	2 000	0	1 000	2 000
Financial Balance	360 000	122 000	1 169 000	2 112 000
Earnings Before Tax	9 120 000	5 042 000	4 090 000	11 395 000
Tax	1 991 000	1 088 000	661 000	2 510 000
Net Income	7 129 000	3 954 000	3 430 000	8 885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 124 000	17 520 000	17 864 000	17 602 000
Total Current Assets	26 443 000	15 887 000	12 894 000	16 485 000
Total Assets	43 568 000	33 406 000	30 758 000	34 087 000
Total Retained Equity	33 774 000	26 645 000	22 691 000	18 554 000
Total Equity	36 454 000	29 325 000	25 371 000	21 234 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 114 000	4 082 000	5 388 000	12 853 000
Total Equity and Debt	43 568 000	33 406 000	30 758 000	34 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 944 000	11 122 000	11 570 000	17 276 000
Other Income	−1 363 000	1 605 000	−796 000	1 291 000
Revenue	18 581 000	12 727 000	10 774 000	18 566 000
Cost of Goods Sold	626 000	413 000	636 000	385 000
Salary Costs	5 666 000	4 948 000	4 617 000	5 583 000
Depreciation	606 000	575 000	569 000	568 000
Impairment	0	0	0	0
Expenditure	9 823 000	7 807 000	7 853 000	9 283 000
Operating Profit	8 759 000	4 920 000	2 921 000	9 283 000
Financial Income	362 000	122 000	1 170 000	2 114 000
Financial Costs	2 000	0	1 000	2 000
Financial Balance	360 000	122 000	1 169 000	2 112 000
Dividends	0	0	0	4 000 000
Net Income	7 129 000	3 954 000	3 430 000	8 885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	932 000	882 000	850 000	833 000
Real Eastate	3 137 000	3 612 000	4 160 000	4 708 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	81 000	41 000	61 000
Total Tangible Assets	3 164 000	3 693 000	4 201 000	4 770 000
Total Fiancial Fixed Assets	13 029 000	12 945 000	12 813 000	12 000 000
Total Fixed Assets	17 124 000	17 520 000	17 864 000	17 602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 773 000	10 218 000	8 011 000	8 860 000
Total Current Assets	26 443 000	15 887 000	12 894 000	16 485 000
Total Assets	43 568 000	33 406 000	30 758 000	34 087 000
Total Equity	36 454 000	29 325 000	25 371 000	21 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	212 000	345 000	308 000
Unpaid Taxes	1 521 000	990 000	438 000	944 000
Dividends	0	0	0	4 000 000
Other Current Debt	3 229 000	1 760 000	3 926 000	5 092 000
Total Current Debt	7 114 000	4 082 000	5 388 000	12 853 000
Total Equity and Debt	43 568 000	33 406 000	30 758 000	34 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,56 %	13,48 %	13,52 %	41,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,14 %	38,66 %	27,11 %	50 %
Current Ratio	3,72	3,89	2,39	1,28
Quick Ratio	3,72	3,89	2,39	1,28
Equity Ratio	0,84	0,88	0,82	0,62
Gross Profit Margin	96,63 %	96,75 %	94,1 %	97,93 %