EPCON EVAPORATION TECHNOLOGY AS

7038 TRONDHEIM

Finances

Return on Equity

39,16 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 091 000	85 975 000	88 720 000	89 396 000
Net Income	7 564 000	−4 772 000	165 000	1 864 000
Total Assets	90 206 000	44 446 000	38 412 000	40 618 000
Total Equity	19 315 000	11 750 000	17 041 000	10 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 091 000	85 975 000	88 720 000	89 396 000
Expenditure	154 164 000	88 523 000	86 679 000	86 720 000
Operating Profit	5 928 000	−2 548 000	2 042 000	2 676 000
Financial Income	5 322 000	1 988 000	2 968 000	1 038 000
Financial Costs	2 928 000	4 212 000	5 388 000	1 605 000
Financial Balance	2 394 000	−2 224 000	−2 420 000	−567 000
Earnings Before Tax	8 322 000	−4 772 000	−379 000	2 109 000
Tax	758 000	0	−544 000	245 000
Net Income	7 564 000	−4 772 000	165 000	1 864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 922 000	7 527 000	5 965 000	3 900 000
Total Current Assets	85 284 000	36 918 000	32 447 000	36 718 000
Total Assets	90 206 000	44 446 000	38 412 000	40 618 000
Total Retained Equity	9 136 000	1 572 000	6 643 000	6 478 000
Total Equity	19 315 000	11 750 000	17 041 000	10 978 000
Total Long-Term Debt	1 288 000	1 425 000	0	0
Total Current Debt	69 604 000	31 271 000	21 371 000	29 640 000
Total Equity and Debt	90 206 000	44 446 000	38 412 000	40 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 818 000	85 935 000	88 720 000	89 396 000
Other Income	274 000	40 000	0	0
Revenue	160 091 000	85 975 000	88 720 000	89 396 000
Cost of Goods Sold	118 730 000	61 894 000	63 370 000	66 089 000
Salary Costs	22 104 000	16 640 000	12 247 000	11 219 000
Depreciation	2 815 000	2 342 000	1 928 000	873 000
Impairment	0	0	0	0
Expenditure	154 164 000	88 523 000	86 679 000	86 720 000
Operating Profit	5 928 000	−2 548 000	2 042 000	2 676 000
Financial Income	5 322 000	1 988 000	2 968 000	1 038 000
Financial Costs	2 928 000	4 212 000	5 388 000	1 605 000
Financial Balance	2 394 000	−2 224 000	−2 420 000	−567 000
Dividends	0	0	0	0
Net Income	7 564 000	−4 772 000	165 000	1 864 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 645 000	4 103 000	4 627 000	1 824 000
Real Eastate	1 884 000	2 103 000	0	0
Machinery and Plant Facilities	1 228 000	1 027 000	791 000	1 101 000
Fixtures	116 000	242 000	462 000	864 000
Total Tangible Assets	3 227 000	3 372 000	1 254 000	1 966 000
Total Fiancial Fixed Assets	50 000	52 000	85 000	110 000
Total Fixed Assets	4 922 000	7 527 000	5 965 000	3 900 000
Stock	1 789 000	706 000	544 000	282 000
Total Investments	0	0	0	0
Cash, Bank	15 031 000	5 501 000	4 137 000	11 932 000
Total Current Assets	85 284 000	36 918 000	32 447 000	36 718 000
Total Assets	90 206 000	44 446 000	38 412 000	40 618 000
Total Equity	19 315 000	11 750 000	17 041 000	10 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 288 000	1 425 000	0	0
Creditors	30 892 000	16 053 000	9 849 000	9 639 000
Unpaid Taxes	7 652 000	1 360 000	952 000	2 189 000
Dividends	0	0	0	0
Other Current Debt	20 052 000	3 492 000	3 895 000	12 611 000
Total Current Debt	69 604 000	31 271 000	21 371 000	29 640 000
Total Equity and Debt	90 206 000	44 446 000	38 412 000	40 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,16 %	−40,61 %	0,97 %	16,98 %
Debt-to-Equity Ratio	0,07	0,12	0	0
Operating Profit Margin	3,7 %	−2,96 %	2,3 %	2,99 %
Current Ratio	1,23	1,18	1,52	1,24
Quick Ratio	1,26	1,21	1,56	1,25
Equity Ratio	0,21	0,26	0,44	0,27
Gross Profit Margin	25,84 %	28,01 %	28,57 %	26,07 %