ZEM AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

40,14 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	127 931 000	70 547 000	39 527 000	31 312 000
Net Income	10 039 000	5 334 000	3 607 000	940 000
Total Assets	64 992 000	52 543 000	21 276 000	20 072 000
Total Equity	25 009 000	14 970 000	−96 000	−3 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	127 931 000	70 547 000	39 527 000	31 312 000
Expenditure	115 145 000	63 717 000	34 259 000	30 315 000
Operating Profit	12 786 000	6 829 000	5 269 000	997 000
Financial Income	279 000	46 000	0	431 000
Financial Costs	193 000	51 000	412 000	436 000
Financial Balance	86 000	−5 000	−412 000	−5 000
Earnings Before Tax	12 872 000	6 825 000	4 857 000	993 000
Tax	2 833 000	1 491 000	1 250 000	52 000
Net Income	10 039 000	5 334 000	3 607 000	940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	350 000	2 095 000	3 400 000
Total Current Assets	64 992 000	52 193 000	19 181 000	16 672 000
Total Assets	64 992 000	52 543 000	21 276 000	20 072 000
Total Retained Equity	15 158 000	5 119 000	−215 000	−3 822 000
Total Equity	25 009 000	14 970 000	−96 000	−3 702 000
Total Long-Term Debt	2 483 000	0	70 000	64 000
Total Current Debt	37 500 000	37 573 000	21 302 000	23 710 000
Total Equity and Debt	64 992 000	52 543 000	21 276 000	20 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 931 000	70 547 000	36 675 000	31 312 000
Other Income	0	0	2 852 000	0
Revenue	127 931 000	70 547 000	39 527 000	31 312 000
Cost of Goods Sold	98 080 000	53 298 000	27 507 000	25 312 000
Salary Costs	10 736 000	6 695 000	3 722 000	2 123 000
Depreciation	0	0	0	235 000
Impairment	0	0	0	0
Expenditure	115 145 000	63 717 000	34 259 000	30 315 000
Operating Profit	12 786 000	6 829 000	5 269 000	997 000
Financial Income	279 000	46 000	0	431 000
Financial Costs	193 000	51 000	412 000	436 000
Financial Balance	86 000	−5 000	−412 000	−5 000
Dividends	0	0	0	0
Net Income	10 039 000	5 334 000	3 607 000	940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	350 000	1 840 000	3 091 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	254 000	309 000
Total Fixed Assets	0	350 000	2 095 000	3 400 000
Stock	2 823 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 077 000	7 230 000	6 066 000	821 000
Total Current Assets	64 992 000	52 193 000	19 181 000	16 672 000
Total Assets	64 992 000	52 543 000	21 276 000	20 072 000
Total Equity	25 009 000	14 970 000	−96 000	−3 702 000
Short-Term Group Debt	0	0	520 000	520 000
Total Long-Term Debt	2 483 000	0	70 000	64 000
Creditors	9 760 000	22 740 000	13 510 000	12 538 000
Unpaid Taxes	981 000	405 000	777 000	2 008 000
Dividends	0	0	0	0
Other Current Debt	26 758 000	14 428 000	6 495 000	8 643 000
Total Current Debt	37 500 000	37 573 000	21 302 000	23 710 000
Total Equity and Debt	64 992 000	52 543 000	21 276 000	20 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,14 %	35,63 %	−3 757,29 %	−25,39 %
Debt-to-Equity Ratio	0,1	0	−0,73	−0,02
Operating Profit Margin	9,99 %	9,68 %	13,33 %	3,18 %
Current Ratio	1,73	1,39	0,9	0,7
Quick Ratio	1,87	1,39	0,9	0,7
Equity Ratio	0,38	0,28	−0	−0,18
Gross Profit Margin	23,33 %	24,45 %	30,41 %	19,16 %