EMEK AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

16,37 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	245 000	245 000	270 000
Net Income	83 000	112 000	84 000	90 000
Total Assets	964 000	1 140 000	1 006 000	992 000
Total Equity	507 000	424 000	312 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	245 000	245 000	270 000
Expenditure	113 000	82 000	139 000	156 000
Operating Profit	127 000	164 000	106 000	114 000
Financial Income	0	0	0	0
Financial Costs	20 000	20 000	22 000	24 000
Financial Balance	−20 000	−20 000	−22 000	−24 000
Earnings Before Tax	106 000	143 000	84 000	90 000
Tax	23 000	31 000	1 000	0
Net Income	83 000	112 000	84 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	724 000	730 000	756 000	782 000
Total Current Assets	240 000	410 000	250 000	210 000
Total Assets	964 000	1 140 000	1 006 000	992 000
Total Retained Equity	407 000	324 000	212 000	129 000
Total Equity	507 000	424 000	312 000	229 000
Total Long-Term Debt	169 000	417 000	452 000	495 000
Total Current Debt	289 000	299 000	242 000	268 000
Total Equity and Debt	964 000	1 140 000	1 006 000	992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 000	5 000	50 000
Other Income	240 000	240 000	240 000	220 000
Revenue	240 000	245 000	245 000	270 000
Cost of Goods Sold	0	0	0	70 000
Salary Costs	0	7 000	4 000	−3 000
Depreciation	27 000	26 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	113 000	82 000	139 000	156 000
Operating Profit	127 000	164 000	106 000	114 000
Financial Income	0	0	0	0
Financial Costs	20 000	20 000	22 000	24 000
Financial Balance	−20 000	−20 000	−22 000	−24 000
Dividends	0	0	0	0
Net Income	83 000	112 000	84 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	704 000	730 000	756 000	782 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	0	0	0
Total Tangible Assets	724 000	730 000	756 000	782 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	724 000	730 000	756 000	782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	391 000	246 000	205 000
Total Current Assets	240 000	410 000	250 000	210 000
Total Assets	964 000	1 140 000	1 006 000	992 000
Total Equity	507 000	424 000	312 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	417 000	452 000	495 000
Creditors	30 000	30 000	3 000	0
Unpaid Taxes	0	14 000	4 000	8 000
Dividends	0	0	0	0
Other Current Debt	235 000	235 000	235 000	260 000
Total Current Debt	289 000	299 000	242 000	268 000
Total Equity and Debt	964 000	1 140 000	1 006 000	992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,37 %	26,42 %	26,92 %	39,3 %
Debt-to-Equity Ratio	0,33	0,98	1,45	2,16
Operating Profit Margin	52,92 %	66,94 %	43,27 %	42,22 %
Current Ratio	0,83	1,37	1,03	0,78
Quick Ratio	0,83	1,37	1,03	0,78
Equity Ratio	0,53	0,37	0,31	0,23
Gross Profit Margin	100 %	100 %	100 %	74,07 %