COD-EXPORT AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

30,49 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	617 746 000	638 043 000	407 021 000	395 420 000
Net Income	8 149 000	5 878 000	2 112 000	4 624 000
Total Assets	85 836 000	118 874 000	109 449 000	111 644 000
Total Equity	26 729 000	24 580 000	23 702 000	24 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	617 746 000	638 043 000	407 021 000	395 420 000
Expenditure	607 807 000	628 936 000	401 899 000	390 213 000
Operating Profit	9 940 000	9 107 000	5 122 000	5 207 000
Financial Income	3 711 000	1 718 000	547 000	4 018 000
Financial Costs	3 166 000	3 265 000	2 932 000	3 266 000
Financial Balance	545 000	−1 547 000	−2 385 000	752 000
Earnings Before Tax	10 486 000	7 560 000	2 736 000	5 959 000
Tax	2 337 000	1 683 000	624 000	1 335 000
Net Income	8 149 000	5 878 000	2 112 000	4 624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	785 000	1 353 000	893 000	1 762 000
Total Current Assets	85 051 000	117 522 000	108 557 000	109 882 000
Total Assets	85 836 000	118 874 000	109 449 000	111 644 000
Total Retained Equity	23 717 000	21 568 000	20 690 000	21 079 000
Total Equity	26 729 000	24 580 000	23 702 000	24 091 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 107 000	94 294 000	85 747 000	87 553 000
Total Equity and Debt	85 836 000	118 874 000	109 449 000	111 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	617 185 000	637 889 000	406 804 000	395 219 000
Other Income	561 000	153 000	217 000	201 000
Revenue	617 746 000	638 043 000	407 021 000	395 420 000
Cost of Goods Sold	552 063 000	576 441 000	367 988 000	358 701 000
Salary Costs	7 683 000	6 198 000	5 018 000	5 102 000
Depreciation	244 000	336 000	291 000	288 000
Impairment	0	0	0	0
Expenditure	607 807 000	628 936 000	401 899 000	390 213 000
Operating Profit	9 940 000	9 107 000	5 122 000	5 207 000
Financial Income	3 711 000	1 718 000	547 000	4 018 000
Financial Costs	3 166 000	3 265 000	2 932 000	3 266 000
Financial Balance	545 000	−1 547 000	−2 385 000	752 000
Dividends	6 000 000	5 000 000	0	0
Net Income	8 149 000	5 878 000	2 112 000	4 624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	497 000	719 000	94 000	674 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	288 000	633 000	798 000	1 088 000
Total Tangible Assets	288 000	633 000	798 000	1 088 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	785 000	1 353 000	893 000	1 762 000
Stock	5 666 000	1 465 000	29 343 000	22 154 000
Total Investments	0	0	0	0
Cash, Bank	4 913 000	308 000	221 000	227 000
Total Current Assets	85 051 000	117 522 000	108 557 000	109 882 000
Total Assets	85 836 000	118 874 000	109 449 000	111 644 000
Total Equity	26 729 000	24 580 000	23 702 000	24 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 397 000	40 719 000	34 841 000	24 052 000
Unpaid Taxes	768 000	502 000	384 000	385 000
Dividends	6 000 000	5 000 000	0	0
Other Current Debt	1 105 000	943 000	1 232 000	5 414 000
Total Current Debt	59 107 000	94 294 000	85 747 000	87 553 000
Total Equity and Debt	85 836 000	118 874 000	109 449 000	111 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,49 %	23,91 %	8,91 %	19,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,61 %	1,43 %	1,26 %	1,32 %
Current Ratio	1,44	1,25	1,27	1,26
Quick Ratio	1,59	1,27	1,92	1,68
Equity Ratio	0,31	0,21	0,22	0,22
Gross Profit Margin	10,63 %	9,65 %	9,59 %	9,29 %