OK VARMETEKNIKK AS

3330 SKOTSELV

Finances

Return on Equity

15,58 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000 000	14 556 000	11 762 000	14 672 000
Net Income	892 000	1 023 000	573 000	964 000
Total Assets	12 607 000	9 174 000	8 025 000	7 249 000
Total Equity	5 727 000	4 835 000	3 812 000	3 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000 000	14 556 000	11 762 000	14 672 000
Expenditure	18 833 000	13 195 000	10 976 000	13 379 000
Operating Profit	1 166 000	1 360 000	786 000	1 293 000
Financial Income	0	0	0	0
Financial Costs	32 000	40 000	51 000	54 000
Financial Balance	−32 000	−40 000	−51 000	−54 000
Earnings Before Tax	1 134 000	1 321 000	735 000	1 239 000
Tax	242 000	298 000	162 000	275 000
Net Income	892 000	1 023 000	573 000	964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 594 000	1 045 000	986 000	1 157 000
Total Current Assets	11 014 000	8 128 000	7 038 000	6 093 000
Total Assets	12 607 000	9 174 000	8 025 000	7 249 000
Total Retained Equity	5 423 000	4 531 000	3 508 000	2 935 000
Total Equity	5 727 000	4 835 000	3 812 000	3 239 000
Total Long-Term Debt	144 000	585 000	685 000	994 000
Total Current Debt	6 736 000	3 754 000	3 527 000	3 016 000
Total Equity and Debt	12 607 000	9 174 000	8 025 000	7 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 529 000	14 556 000	11 762 000	14 657 000
Other Income	471 000	0	0	15 000
Revenue	20 000 000	14 556 000	11 762 000	14 672 000
Cost of Goods Sold	13 274 000	8 815 000	7 255 000	9 190 000
Salary Costs	3 219 000	2 641 000	2 459 000	2 559 000
Depreciation	322 000	286 000	320 000	278 000
Impairment	0	0	0	0
Expenditure	18 833 000	13 195 000	10 976 000	13 379 000
Operating Profit	1 166 000	1 360 000	786 000	1 293 000
Financial Income	0	0	0	0
Financial Costs	32 000	40 000	51 000	54 000
Financial Balance	−32 000	−40 000	−51 000	−54 000
Dividends	0	0	0	0
Net Income	892 000	1 023 000	573 000	964 000

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	547 000	258 000	0	0
Fixtures	446 000	637 000	836 000	1 157 000
Total Tangible Assets	994 000	895 000	836 000	1 157 000
Total Fiancial Fixed Assets	600 000	150 000	150 000	0
Total Fixed Assets	1 594 000	1 045 000	986 000	1 157 000
Stock	1 593 000	1 492 000	1 340 000	1 382 000
Total Investments	0	0	0	0
Cash, Bank	138 000	106 000	99 000	168 000
Total Current Assets	11 014 000	8 128 000	7 038 000	6 093 000
Total Assets	12 607 000	9 174 000	8 025 000	7 249 000
Total Equity	5 727 000	4 835 000	3 812 000	3 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	144 000	585 000	685 000	994 000
Creditors	3 185 000	955 000	443 000	726 000
Unpaid Taxes	1 661 000	1 258 000	1 334 000	1 409 000
Dividends	0	0	0	0
Other Current Debt	1 411 000	1 154 000	1 302 000	607 000
Total Current Debt	6 736 000	3 754 000	3 527 000	3 016 000
Total Equity and Debt	12 607 000	9 174 000	8 025 000	7 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,58 %	21,16 %	15,03 %	29,76 %
Debt-to-Equity Ratio	0,03	0,12	0,18	0,31
Operating Profit Margin	5,83 %	9,34 %	6,68 %	8,81 %
Current Ratio	1,64	2,17	2	2,02
Quick Ratio	2,14	3,59	3,22	3,73
Equity Ratio	0,45	0,53	0,48	0,45
Gross Profit Margin	33,63 %	39,44 %	38,32 %	37,36 %