CARDINOR AS

0349 OSLO

Finances

Share Ownership

Return on Equity

−43,98 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 280 000	3 092 000	2 864 000	2 352 000
Net Income	−4 653 000	−5 093 000	730 000	1 224 000
Total Assets	13 644 000	16 736 000	10 278 000	8 083 000
Total Equity	10 581 000	15 234 000	8 328 000	5 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 280 000	3 092 000	2 864 000	2 352 000
Expenditure	9 895 000	8 193 000	2 085 000	1 126 000
Operating Profit	−4 614 000	−5 101 000	779 000	1 226 000
Financial Income	9 000	44 000	11 000	2 000
Financial Costs	48 000	37 000	−60 000	4 000
Financial Balance	−39 000	7 000	71 000	−2 000
Earnings Before Tax	−4 653 000	−5 093 000	730 000	1 224 000
Tax	0	0	0	0
Net Income	−4 653 000	−5 093 000	730 000	1 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 959 000	5 962 000	5 898 000	3 484 000
Total Current Assets	7 684 000	10 775 000	4 380 000	4 599 000
Total Assets	13 644 000	16 736 000	10 278 000	8 083 000
Total Retained Equity	0	0	1 954 000	1 224 000
Total Equity	10 581 000	15 234 000	8 328 000	5 613 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 063 000	1 502 000	1 951 000	2 470 000
Total Equity and Debt	13 644 000	16 737 000	10 278 000	8 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	200 000	0	216 000
Other Income	5 220 000	2 892 000	2 864 000	2 136 000
Revenue	5 280 000	3 092 000	2 864 000	2 352 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	4 617 000	3 647 000	553 000	162 000
Depreciation	26 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	9 895 000	8 193 000	2 085 000	1 126 000
Operating Profit	−4 614 000	−5 101 000	779 000	1 226 000
Financial Income	9 000	44 000	11 000	2 000
Financial Costs	48 000	37 000	−60 000	4 000
Financial Balance	−39 000	7 000	71 000	−2 000
Dividends	0	0	0	0
Net Income	−4 653 000	−5 093 000	730 000	1 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 898 000	5 898 000	5 898 000	3 484 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	63 000	0	0
Total Tangible Assets	61 000	63 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 959 000	5 962 000	5 898 000	3 484 000
Stock	110 000	189 000	563 000	0
Total Investments	0	0	0	0
Cash, Bank	2 072 000	7 494 000	2 740 000	2 756 000
Total Current Assets	7 684 000	10 775 000	4 380 000	4 599 000
Total Assets	13 644 000	16 736 000	10 278 000	8 083 000
Total Equity	10 581 000	15 234 000	8 328 000	5 613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 910 000	583 000	673 000	869 000
Unpaid Taxes	349 000	278 000	193 000	195 000
Dividends	0	0	0	0
Other Current Debt	803 000	641 000	1 085 000	1 406 000
Total Current Debt	3 063 000	1 502 000	1 951 000	2 470 000
Total Equity and Debt	13 644 000	16 737 000	10 278 000	8 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,98 %	−33,43 %	8,77 %	21,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−87,39 %	−164,97 %	27,2 %	52,13 %
Current Ratio	2,51	7,17	2,25	1,86
Quick Ratio	2,6	8,21	3,16	1,86
Equity Ratio	0,78	0,91	0,81	0,69
Gross Profit Margin	99,92 %	100 %	100 %	100 %