KODET AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

95,01 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 240 000	2 002 000	2 119 000
Net Income	932 000	989 000	749 000	1 064 000
Total Assets	1 943 000	1 951 000	2 114 000	3 369 000
Total Equity	981 000	448 000	459 000	911 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 240 000	2 002 000	2 119 000
Expenditure	1 114 000	1 078 000	1 032 000	1 094 000
Operating Profit	1 245 000	1 163 000	970 000	1 024 000
Financial Income	1 000	82 000	216 000	270 000
Financial Costs	39 000	0	229 000	0
Financial Balance	−38 000	82 000	−13 000	270 000
Earnings Before Tax	1 207 000	1 245 000	957 000	1 294 000
Tax	274 000	256 000	208 000	230 000
Net Income	932 000	989 000	749 000	1 064 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	37 000	47 000	0
Total Current Assets	1 917 000	1 914 000	2 066 000	3 369 000
Total Assets	1 943 000	1 951 000	2 114 000	3 369 000
Total Retained Equity	933 000	400 000	411 000	863 000
Total Equity	981 000	448 000	459 000	911 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	962 000	1 502 000	1 653 000	2 458 000
Total Equity and Debt	1 943 000	1 951 000	2 114 000	3 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 358 000	2 240 000	2 002 000	2 119 000
Other Income	0	0	0	0
Revenue	2 358 000	2 240 000	2 002 000	2 119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	979 000	932 000	857 000	865 000
Depreciation	11 000	11 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 114 000	1 078 000	1 032 000	1 094 000
Operating Profit	1 245 000	1 163 000	970 000	1 024 000
Financial Income	1 000	82 000	216 000	270 000
Financial Costs	39 000	0	229 000	0
Financial Balance	−38 000	82 000	−13 000	270 000
Dividends	400 000	1 000 000	1 200 000	2 000 000
Net Income	932 000	989 000	749 000	1 064 000

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	0	0	0	0
Fixtures	26 000	37 000	47 000	0
Total Tangible Assets	26 000	37 000	47 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	37 000	47 000	0
Stock	0	0	0	0
Total Investments	542 000	207 000	275 000	1 724 000
Cash, Bank	859 000	1 251 000	1 344 000	1 262 000
Total Current Assets	1 917 000	1 914 000	2 066 000	3 369 000
Total Assets	1 943 000	1 951 000	2 114 000	3 369 000
Total Equity	981 000	448 000	459 000	911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	29 000	17 000	26 000	13 000
Unpaid Taxes	173 000	151 000	146 000	137 000
Dividends	400 000	1 000 000	1 200 000	2 000 000
Other Current Debt	86 000	78 000	74 000	79 000
Total Current Debt	962 000	1 502 000	1 653 000	2 458 000
Total Equity and Debt	1 943 000	1 951 000	2 114 000	3 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,01 %	220,76 %	163,18 %	116,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,8 %	51,92 %	48,45 %	48,32 %
Current Ratio	1,99	1,27	1,25	1,37
Quick Ratio	1,99	1,27	1,25	1,37
Equity Ratio	0,5	0,23	0,22	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %