ENGINEERING CONSULTANTS NORWAY AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

1 544 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 270 000	102 224 000	91 693 000	111 032 000
Net Income	3 088 000	3 819 000	3 122 000	4 507 000
Total Assets	35 716 000	36 101 000	21 961 000	33 220 000
Total Equity	200 000	200 000	200 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 270 000	102 224 000	91 693 000	111 032 000
Expenditure	119 807 000	97 120 000	87 533 000	105 093 000
Operating Profit	4 463 000	5 105 000	4 160 000	5 939 000
Financial Income	39 000	52 000	17 000	64 000
Financial Costs	542 000	261 000	173 000	224 000
Financial Balance	−503 000	−209 000	−156 000	−160 000
Earnings Before Tax	3 960 000	4 896 000	4 004 000	5 779 000
Tax	871 000	1 077 000	883 000	1 271 000
Net Income	3 088 000	3 819 000	3 122 000	4 507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 000	370 000	275 000	382 000
Total Current Assets	35 376 000	35 731 000	21 685 000	32 839 000
Total Assets	35 716 000	36 101 000	21 961 000	33 220 000
Total Retained Equity	92 000	92 000	92 000	92 000
Total Equity	200 000	200 000	200 000	200 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 516 000	35 901 000	21 761 000	33 020 000
Total Equity and Debt	35 716 000	36 101 000	21 961 000	33 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 270 000	102 224 000	91 693 000	111 032 000
Other Income	0	0	0	0
Revenue	124 270 000	102 224 000	91 693 000	111 032 000
Cost of Goods Sold	59 021 000	38 107 000	30 972 000	30 334 000
Salary Costs	58 642 000	57 143 000	53 940 000	71 122 000
Depreciation	72 000	118 000	110 000	99 000
Impairment	0	0	0	0
Expenditure	119 807 000	97 120 000	87 533 000	105 093 000
Operating Profit	4 463 000	5 105 000	4 160 000	5 939 000
Financial Income	39 000	52 000	17 000	64 000
Financial Costs	542 000	261 000	173 000	224 000
Financial Balance	−503 000	−209 000	−156 000	−160 000
Dividends	3 088 000	3 819 000	3 122 000	5 594 000
Net Income	3 088 000	3 819 000	3 122 000	4 507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	96 000	92 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	81 000	138 000	248 000
Total Tangible Assets	98 000	81 000	138 000	248 000
Total Fiancial Fixed Assets	148 000	193 000	45 000	45 000
Total Fixed Assets	340 000	370 000	275 000	382 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 851 000	2 433 000	1 870 000	6 497 000
Total Current Assets	35 376 000	35 731 000	21 685 000	32 839 000
Total Assets	35 716 000	36 101 000	21 961 000	33 220 000
Total Equity	200 000	200 000	200 000	200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 689 000	8 521 000	3 126 000	4 037 000
Unpaid Taxes	6 861 000	7 224 000	5 047 000	8 577 000
Dividends	3 088 000	3 819 000	3 122 000	5 594 000
Other Current Debt	13 009 000	15 257 000	9 580 000	13 545 000
Total Current Debt	35 516 000	35 901 000	21 761 000	33 020 000
Total Equity and Debt	35 716 000	36 101 000	21 961 000	33 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 544 %	1 909,5 %	1 561 %	2 253,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,59 %	4,99 %	4,54 %	5,35 %
Current Ratio	1	1	1	0,99
Quick Ratio	1	1	1	0,99
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	52,51 %	62,72 %	66,22 %	72,68 %