EVOLUTION NORGE AS

2817 GJØVIK

Finances

Return on Equity

14,82 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 855 000	135 227 000	86 476 000	120 889 000
Net Income	9 171 000	7 300 000	5 198 000	7 553 000
Total Assets	89 615 000	81 768 000	57 817 000	58 908 000
Total Equity	61 881 000	49 678 000	43 094 000	38 295 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 855 000	135 227 000	86 476 000	120 889 000
Expenditure	133 588 000	125 597 000	79 811 000	111 346 000
Operating Profit	11 266 000	9 629 000	6 665 000	9 543 000
Financial Income	493 000	61 000	96 000	187 000
Financial Costs	10 000	337 000	118 000	90 000
Financial Balance	483 000	−276 000	−22 000	97 000
Earnings Before Tax	11 749 000	9 354 000	6 643 000	9 640 000
Tax	2 577 000	2 053 000	1 445 000	2 087 000
Net Income	9 171 000	7 300 000	5 198 000	7 553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 781 000	20 447 000	16 322 000	17 001 000
Total Current Assets	43 833 000	61 321 000	41 496 000	41 907 000
Total Assets	89 615 000	81 768 000	57 817 000	58 908 000
Total Retained Equity	61 781 000	49 578 000	40 252 000	35 454 000
Total Equity	61 881 000	49 678 000	43 094 000	38 295 000
Total Long-Term Debt	674 000	1 820 000	2 240 000	1 125 000
Total Current Debt	27 060 000	30 270 000	12 484 000	19 487 000
Total Equity and Debt	89 615 000	81 768 000	57 817 000	58 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 623 000	135 024 000	86 301 000	120 714 000
Other Income	232 000	202 000	175 000	175 000
Revenue	144 855 000	135 227 000	86 476 000	120 889 000
Cost of Goods Sold	121 386 000	113 969 000	70 029 000	102 282 000
Salary Costs	6 809 000	6 766 000	6 054 000	5 915 000
Depreciation	795 000	1 157 000	1 242 000	1 070 000
Impairment	0	0	0	0
Expenditure	133 588 000	125 597 000	79 811 000	111 346 000
Operating Profit	11 266 000	9 629 000	6 665 000	9 543 000
Financial Income	493 000	61 000	96 000	187 000
Financial Costs	10 000	337 000	118 000	90 000
Financial Balance	483 000	−276 000	−22 000	97 000
Dividends	0	0	0	0
Net Income	9 171 000	7 300 000	5 198 000	7 553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 187 000	15 665 000	10 893 000	11 162 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 620 000	1 855 000	2 562 000	2 972 000
Total Tangible Assets	38 807 000	17 520 000	13 455 000	14 134 000
Total Fiancial Fixed Assets	6 975 000	2 927 000	2 867 000	2 867 000
Total Fixed Assets	45 781 000	20 447 000	16 322 000	17 001 000
Stock	0	0	0	0
Total Investments	0	1 000	9 000	13 000
Cash, Bank	11 350 000	29 511 000	22 007 000	8 256 000
Total Current Assets	43 833 000	61 321 000	41 496 000	41 907 000
Total Assets	89 615 000	81 768 000	57 817 000	58 908 000
Total Equity	61 881 000	49 678 000	43 094 000	38 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	674 000	1 820 000	2 240 000	1 125 000
Creditors	18 555 000	19 734 000	6 774 000	12 849 000
Unpaid Taxes	1 186 000	3 007 000	2 376 000	2 383 000
Dividends	0	0	0	0
Other Current Debt	3 151 000	4 729 000	2 198 000	2 680 000
Total Current Debt	27 060 000	30 270 000	12 484 000	19 487 000
Total Equity and Debt	89 615 000	81 768 000	57 817 000	58 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,82 %	14,69 %	12,06 %	19,72 %
Debt-to-Equity Ratio	0,01	0,04	0,05	0,03
Operating Profit Margin	7,78 %	7,12 %	7,71 %	7,89 %
Current Ratio	1,62	2,03	3,32	2,15
Quick Ratio	1,62	2,03	3,32	2,15
Equity Ratio	0,69	0,61	0,75	0,65
Gross Profit Margin	16,2 %	15,72 %	19,02 %	15,39 %