ØEN KULDETEKNIKK AS

6763 HORNINDAL

Finances

Return on Equity

21,08 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 646 000	26 636 000	37 661 000	26 562 000
Net Income	4 725 000	5 310 000	7 579 000	5 672 000
Total Assets	32 200 000	28 656 000	27 271 000	22 747 000
Total Equity	22 419 000	20 194 000	16 884 000	13 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 646 000	26 636 000	37 661 000	26 562 000
Expenditure	30 895 000	19 922 000	28 214 000	19 365 000
Operating Profit	5 752 000	6 715 000	9 447 000	7 183 000
Financial Income	324 000	109 000	291 000	122 000
Financial Costs	13 000	11 000	17 000	29 000
Financial Balance	311 000	98 000	274 000	93 000
Earnings Before Tax	6 062 000	6 812 000	9 721 000	7 276 000
Tax	1 337 000	1 502 000	2 142 000	1 604 000
Net Income	4 725 000	5 310 000	7 579 000	5 672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 892 000	5 417 000	7 889 000	4 787 000
Total Current Assets	25 308 000	23 238 000	19 382 000	17 960 000
Total Assets	32 200 000	28 656 000	27 271 000	22 747 000
Total Retained Equity	22 308 000	20 083 000	16 774 000	13 194 000
Total Equity	22 419 000	20 194 000	16 884 000	13 305 000
Total Long-Term Debt	607 000	213 000	147 000	314 000
Total Current Debt	9 174 000	8 249 000	10 240 000	9 129 000
Total Equity and Debt	32 200 000	28 656 000	27 271 000	22 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 646 000	26 636 000	37 651 000	26 546 000
Other Income	0	0	10 000	16 000
Revenue	36 646 000	26 636 000	37 661 000	26 562 000
Cost of Goods Sold	17 403 000	8 158 000	16 913 000	8 935 000
Salary Costs	8 943 000	8 450 000	7 602 000	6 864 000
Depreciation	618 000	624 000	559 000	451 000
Impairment	0	0	0	0
Expenditure	30 895 000	19 922 000	28 214 000	19 365 000
Operating Profit	5 752 000	6 715 000	9 447 000	7 183 000
Financial Income	324 000	109 000	291 000	122 000
Financial Costs	13 000	11 000	17 000	29 000
Financial Balance	311 000	98 000	274 000	93 000
Dividends	2 500 000	2 000 000	4 000 000	4 000 000
Net Income	4 725 000	5 310 000	7 579 000	5 672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 157 000	1 204 000	1 245 000	1 289 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 825 000	3 002 000	2 580 000	2 462 000
Total Tangible Assets	3 982 000	4 206 000	3 824 000	3 751 000
Total Fiancial Fixed Assets	2 910 000	1 212 000	4 064 000	1 036 000
Total Fixed Assets	6 892 000	5 417 000	7 889 000	4 787 000
Stock	6 323 000	4 730 000	2 366 000	1 695 000
Total Investments	0	0	0	0
Cash, Bank	11 625 000	12 427 000	12 546 000	9 981 000
Total Current Assets	25 308 000	23 238 000	19 382 000	17 960 000
Total Assets	32 200 000	28 656 000	27 271 000	22 747 000
Total Equity	22 419 000	20 194 000	16 884 000	13 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	607 000	213 000	147 000	314 000
Creditors	2 809 000	1 217 000	1 271 000	1 598 000
Unpaid Taxes	1 970 000	1 503 000	1 890 000	1 331 000
Dividends	2 500 000	2 000 000	4 000 000	4 000 000
Other Current Debt	952 000	2 093 000	3 270 000	660 000
Total Current Debt	9 174 000	8 249 000	10 240 000	9 129 000
Total Equity and Debt	32 200 000	28 656 000	27 271 000	22 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,08 %	26,29 %	44,89 %	42,63 %
Debt-to-Equity Ratio	0,03	0,01	0,01	0,02
Operating Profit Margin	15,7 %	25,21 %	25,08 %	27,04 %
Current Ratio	2,76	2,82	1,89	1,97
Quick Ratio	8,88	6,6	2,46	2,42
Equity Ratio	0,7	0,7	0,62	0,58
Gross Profit Margin	52,51 %	69,37 %	55,09 %	66,36 %