ENERMECH AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−94,36 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 869 000	51 797 000	44 643 000	70 477 000
Net Income	−4 769 000	−8 339 000	−9 625 000	−1 609 000
Total Assets	17 826 000	20 018 000	29 767 000	44 325 000
Total Equity	5 054 000	9 823 000	18 163 000	27 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 869 000	51 797 000	44 643 000	70 477 000
Expenditure	48 460 000	60 073 000	54 402 000	72 233 000
Operating Profit	−4 590 000	−8 276 000	−9 759 000	−1 756 000
Financial Income	127 000	173 000	1 255 000	1 706 000
Financial Costs	306 000	236 000	1 121 000	1 560 000
Financial Balance	−179 000	−63 000	134 000	146 000
Earnings Before Tax	−4 769 000	−8 339 000	−9 625 000	−1 609 000
Tax	0	0	0	0
Net Income	−4 769 000	−8 339 000	−9 625 000	−1 609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 858 000	5 890 000	12 288 000	20 525 000
Total Current Assets	14 968 000	14 128 000	17 478 000	23 800 000
Total Assets	17 826 000	20 018 000	29 767 000	44 325 000
Total Retained Equity	1 054 000	5 823 000	14 163 000	23 787 000
Total Equity	5 054 000	9 823 000	18 163 000	27 787 000
Total Long-Term Debt	3 000 000	0	262 000	0
Total Current Debt	9 772 000	10 195 000	11 342 000	16 537 000
Total Equity and Debt	17 826 000	20 018 000	29 767 000	44 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 869 000	51 721 000	44 020 000	70 477 000
Other Income	0	76 000	623 000	0
Revenue	43 869 000	51 797 000	44 643 000	70 477 000
Cost of Goods Sold	16 289 000	10 971 000	15 359 000	29 895 000
Salary Costs	20 938 000	34 168 000	25 092 000	26 925 000
Depreciation	1 283 000	1 247 000	1 195 000	1 337 000
Impairment	0	0	0	0
Expenditure	48 460 000	60 073 000	54 402 000	72 233 000
Operating Profit	−4 590 000	−8 276 000	−9 759 000	−1 756 000
Financial Income	127 000	173 000	1 255 000	1 706 000
Financial Costs	306 000	236 000	1 121 000	1 560 000
Financial Balance	−179 000	−63 000	134 000	146 000
Dividends	0	0	0	0
Net Income	−4 769 000	−8 339 000	−9 625 000	−1 609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 607 000	3 890 000	4 910 000	5 935 000
Total Tangible Assets	2 607 000	3 890 000	4 910 000	5 935 000
Total Fiancial Fixed Assets	250 000	2 000 000	7 379 000	14 590 000
Total Fixed Assets	2 858 000	5 890 000	12 288 000	20 525 000
Stock	804 000	754 000	601 000	572 000
Total Investments	0	0	0	0
Cash, Bank	4 959 000	6 095 000	4 499 000	7 412 000
Total Current Assets	14 968 000	14 128 000	17 478 000	23 800 000
Total Assets	17 826 000	20 018 000	29 767 000	44 325 000
Total Equity	5 054 000	9 823 000	18 163 000	27 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	0	262 000	0
Creditors	6 039 000	4 094 000	4 013 000	10 128 000
Unpaid Taxes	1 190 000	2 112 000	2 033 000	2 659 000
Dividends	0	0	0	0
Other Current Debt	2 543 000	3 988 000	5 295 000	3 750 000
Total Current Debt	9 772 000	10 195 000	11 342 000	16 537 000
Total Equity and Debt	17 826 000	20 018 000	29 767 000	44 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,36 %	−84,89 %	−52,99 %	−5,79 %
Debt-to-Equity Ratio	0,59	0	0,01	0
Operating Profit Margin	−10,46 %	−15,98 %	−21,86 %	−2,49 %
Current Ratio	1,53	1,39	1,54	1,44
Quick Ratio	1,67	1,5	1,63	1,49
Equity Ratio	0,28	0,49	0,61	0,63
Gross Profit Margin	62,87 %	78,82 %	65,6 %	57,58 %