EQUATEX NORWAY AS

1364 FORNEBU

Finances

Return on Equity

18,32 %

Current Ratio

3,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 778 000	39 727 000	21 281 000	43 211 000
Net Income	5 438 000	1 483 000	31 000	5 555 000
Total Assets	40 057 000	32 403 000	31 901 000	39 181 000
Total Equity	29 682 000	24 243 000	21 561 000	21 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 778 000	39 727 000	21 281 000	43 211 000
Expenditure	40 980 000	40 433 000	22 194 000	36 642 000
Operating Profit	5 797 000	−706 000	−914 000	6 569 000
Financial Income	1 265 000	3 175 000	1 092 000	440 000
Financial Costs	171 000	568 000	139 000	181 000
Financial Balance	1 094 000	2 607 000	953 000	259 000
Earnings Before Tax	6 891 000	1 902 000	39 000	6 828 000
Tax	1 453 000	418 000	9 000	1 273 000
Net Income	5 438 000	1 483 000	31 000	5 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	595 000	684 000	706 000
Total Current Assets	39 861 000	31 808 000	31 218 000	38 476 000
Total Assets	40 057 000	32 403 000	31 901 000	39 181 000
Total Retained Equity	23 364 000	17 926 000	15 243 000	15 213 000
Total Equity	29 682 000	24 243 000	21 561 000	21 530 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 375 000	8 159 000	10 341 000	17 651 000
Total Equity and Debt	40 057 000	32 403 000	31 901 000	39 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 778 000	39 727 000	21 281 000	43 211 000
Other Income	0	0	0	0
Revenue	46 778 000	39 727 000	21 281 000	43 211 000
Cost of Goods Sold	9 501 000	8 631 000	6 561 000	9 577 000
Salary Costs	27 160 000	28 052 000	12 740 000	21 008 000
Depreciation	40 000	43 000	13 000	36 000
Impairment	0	0	0	0
Expenditure	40 980 000	40 433 000	22 194 000	36 642 000
Operating Profit	5 797 000	−706 000	−914 000	6 569 000
Financial Income	1 265 000	3 175 000	1 092 000	440 000
Financial Costs	171 000	568 000	139 000	181 000
Financial Balance	1 094 000	2 607 000	953 000	259 000
Dividends	0	0	0	0
Net Income	5 438 000	1 483 000	31 000	5 555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	23 000	174 000	182 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	115 000	52 000	65 000
Total Tangible Assets	74 000	115 000	52 000	65 000
Total Fiancial Fixed Assets	100 000	458 000	458 000	458 000
Total Fixed Assets	196 000	595 000	684 000	706 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 761 000	4 878 000	17 037 000	29 088 000
Total Current Assets	39 861 000	31 808 000	31 218 000	38 476 000
Total Assets	40 057 000	32 403 000	31 901 000	39 181 000
Total Equity	29 682 000	24 243 000	21 561 000	21 530 000
Short-Term Group Debt	1 954 000	860 000	3 668 000	0
Total Long-Term Debt	0	0	0	0
Creditors	434 000	0	95 000	324 000
Unpaid Taxes	1 559 000	1 464 000	1 035 000	1 356 000
Dividends	0	0	0	0
Other Current Debt	4 710 000	5 569 000	5 006 000	3 646 000
Total Current Debt	10 375 000	8 159 000	10 341 000	17 651 000
Total Equity and Debt	40 057 000	32 403 000	31 901 000	39 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,32 %	6,12 %	0,14 %	25,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,39 %	−1,78 %	−4,29 %	15,2 %
Current Ratio	3,84	3,9	3,02	2,18
Quick Ratio	3,84	3,9	3,02	2,18
Equity Ratio	0,74	0,75	0,68	0,55
Gross Profit Margin	79,69 %	78,27 %	69,17 %	77,84 %