COWAB AS

2030 NANNESTAD

Finances

Share Ownership

Return on Equity

87,85 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 151 000	40 582 000	28 563 000	25 247 000
Net Income	1 786 000	1 195 000	1 368 000	405 000
Total Assets	8 822 000	7 155 000	6 863 000	4 644 000
Total Equity	2 033 000	1 917 000	1 916 000	1 548 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 151 000	40 582 000	28 563 000	25 247 000
Expenditure	45 911 000	39 054 000	26 746 000	24 737 000
Operating Profit	2 240 000	1 528 000	1 816 000	510 000
Financial Income	50 000	10 000	13 000	17 000
Financial Costs	0	6 000	76 000	7 000
Financial Balance	50 000	4 000	−63 000	10 000
Earnings Before Tax	2 290 000	1 532 000	1 753 000	520 000
Tax	504 000	337 000	386 000	115 000
Net Income	1 786 000	1 195 000	1 368 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	33 000	22 000	40 000
Total Current Assets	8 796 000	7 122 000	6 841 000	4 604 000
Total Assets	8 822 000	7 155 000	6 863 000	4 644 000
Total Retained Equity	1 833 000	1 717 000	1 716 000	1 348 000
Total Equity	2 033 000	1 917 000	1 916 000	1 548 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 789 000	5 239 000	4 947 000	3 096 000
Total Equity and Debt	8 822 000	7 155 000	6 863 000	4 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 151 000	40 582 000	28 563 000	25 247 000
Other Income	0	0	0	0
Revenue	48 151 000	40 582 000	28 563 000	25 247 000
Cost of Goods Sold	29 419 000	25 671 000	19 183 000	15 365 000
Salary Costs	3 057 000	2 883 000	2 585 000	2 660 000
Depreciation	0	0	21 000	62 000
Impairment	0	0	0	0
Expenditure	45 911 000	39 054 000	26 746 000	24 737 000
Operating Profit	2 240 000	1 528 000	1 816 000	510 000
Financial Income	50 000	10 000	13 000	17 000
Financial Costs	0	6 000	76 000	7 000
Financial Balance	50 000	4 000	−63 000	10 000
Dividends	1 670 000	1 194 000	0	1 000 000
Net Income	1 786 000	1 195 000	1 368 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	33 000	22 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	21 000
Total Tangible Assets	0	0	0	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	33 000	22 000	40 000
Stock	63 000	33 000	50 000	31 000
Total Investments	0	0	0	0
Cash, Bank	165 000	165 000	2 977 000	2 895 000
Total Current Assets	8 796 000	7 122 000	6 841 000	4 604 000
Total Assets	8 822 000	7 155 000	6 863 000	4 644 000
Total Equity	2 033 000	1 917 000	1 916 000	1 548 000
Short-Term Group Debt	1 547 000	747 000	1 653 000	335 000
Total Long-Term Debt	0	0	0	0
Creditors	751 000	462 000	425 000	205 000
Unpaid Taxes	1 806 000	1 882 000	1 675 000	1 085 000
Dividends	1 670 000	1 194 000	0	1 000 000
Other Current Debt	519 000	605 000	806 000	383 000
Total Current Debt	6 789 000	5 239 000	4 947 000	3 096 000
Total Equity and Debt	8 822 000	7 155 000	6 863 000	4 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,85 %	62,34 %	71,4 %	26,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,65 %	3,77 %	6,36 %	2,02 %
Current Ratio	1,3	1,36	1,38	1,49
Quick Ratio	1,31	1,37	1,4	1,5
Equity Ratio	0,23	0,27	0,28	0,33
Gross Profit Margin	38,9 %	36,74 %	32,84 %	39,14 %