ENOVATE AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

5,89 %

Current Ratio

0,44

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 417 000	9 385 000	11 380 000	7 661 000
Net Income	374 000	−157 000	503 000	643 000
Total Assets	9 806 000	8 070 000	9 291 000	7 994 000
Total Equity	6 354 000	4 411 000	4 568 000	4 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 417 000	9 385 000	11 380 000	7 661 000
Expenditure	9 838 000	9 360 000	10 709 000	6 630 000
Operating Profit	579 000	24 000	671 000	1 030 000
Financial Income	53 000	21 000	176 000	78 000
Financial Costs	249 000	300 000	172 000	273 000
Financial Balance	−196 000	−279 000	4 000	−195 000
Earnings Before Tax	383 000	−255 000	675 000	836 000
Tax	9 000	−98 000	173 000	193 000
Net Income	374 000	−157 000	503 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 559 000	7 347 000	7 590 000	7 684 000
Total Current Assets	1 247 000	723 000	1 700 000	310 000
Total Assets	9 806 000	8 070 000	9 291 000	7 994 000
Total Retained Equity	6 184 000	4 228 000	4 384 000	3 881 000
Total Equity	6 354 000	4 411 000	4 568 000	4 064 000
Total Long-Term Debt	625 000	1 125 000	1 250 000	1 750 000
Total Current Debt	2 828 000	2 534 000	3 473 000	2 180 000
Total Equity and Debt	9 806 000	8 070 000	9 291 000	7 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 417 000	9 286 000	11 380 000	7 661 000
Other Income	0	99 000	0	0
Revenue	10 417 000	9 385 000	11 380 000	7 661 000
Cost of Goods Sold	17 000	4 285 000	5 038 000	0
Salary Costs	7 003 000	2 860 000	2 683 000	3 911 000
Depreciation	349 000	355 000	813 000	308 000
Impairment	0	0	0	0
Expenditure	9 838 000	9 360 000	10 709 000	6 630 000
Operating Profit	579 000	24 000	671 000	1 030 000
Financial Income	53 000	21 000	176 000	78 000
Financial Costs	249 000	300 000	172 000	273 000
Financial Balance	−196 000	−279 000	4 000	−195 000
Dividends	0	0	0	0
Net Income	374 000	−157 000	503 000	643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	337 000	562 000	844 000	1 572 000
Total Intangible Assets	426 000	661 000	844 000	1 572 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	133 000	109 000	163 000	57 000
Total Tangible Assets	133 000	109 000	163 000	57 000
Total Fiancial Fixed Assets	8 000 000	6 577 000	6 584 000	6 056 000
Total Fixed Assets	8 559 000	7 347 000	7 590 000	7 684 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	124 000	114 000	137 000
Total Current Assets	1 247 000	723 000	1 700 000	310 000
Total Assets	9 806 000	8 070 000	9 291 000	7 994 000
Total Equity	6 354 000	4 411 000	4 568 000	4 064 000
Short-Term Group Debt	0	15 000	0	0
Total Long-Term Debt	625 000	1 125 000	1 250 000	1 750 000
Creditors	206 000	911 000	1 451 000	95 000
Unpaid Taxes	559 000	185 000	117 000	617 000
Dividends	0	0	0	0
Other Current Debt	921 000	263 000	288 000	975 000
Total Current Debt	2 828 000	2 534 000	3 473 000	2 180 000
Total Equity and Debt	9 806 000	8 070 000	9 291 000	7 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,89 %	−3,56 %	11,01 %	15,82 %
Debt-to-Equity Ratio	0,1	0,26	0,27	0,43
Operating Profit Margin	5,56 %	0,26 %	5,9 %	13,44 %
Current Ratio	0,44	0,29	0,49	0,14
Quick Ratio	0,44	0,29	0,49	0,14
Equity Ratio	0,65	0,55	0,49	0,51
Gross Profit Margin	99,84 %	54,34 %	55,73 %	100 %