AUDIONORWAY AS

2220 ÅBOGEN

Finances

Share Ownership

Return on Equity

17,86 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 000	175 000	60 000	0
Net Income	10 000	49 000	13 000	−2 000
Total Assets	80 000	48 000	15 000	−11 000
Total Equity	56 000	46 000	−3 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 000	175 000	60 000	0
Expenditure	89 000	111 000	44 000	2 000
Operating Profit	12 000	64 000	17 000	−2 000
Financial Income	1 000	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	1 000	−2 000	0	0
Earnings Before Tax	13 000	63 000	17 000	−2 000
Tax	3 000	14 000	4 000	0
Net Income	10 000	49 000	13 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	80 000	48 000	15 000	−11 000
Total Assets	80 000	48 000	15 000	−11 000
Total Retained Equity	26 000	27 000	−22 000	−39 000
Total Equity	56 000	46 000	−3 000	−16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	3 000	18 000	5 000
Total Equity and Debt	80 000	48 000	15 000	−11 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 000	175 000	60 000	0
Other Income	0	0	0	0
Revenue	76 000	175 000	60 000	0
Cost of Goods Sold	26 000	88 000	5 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	89 000	111 000	44 000	2 000
Operating Profit	12 000	64 000	17 000	−2 000
Financial Income	1 000	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	1 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	10 000	49 000	13 000	−2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	52 000	27 000	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	12 000	13 000	−11 000
Total Current Assets	80 000	48 000	15 000	−11 000
Total Assets	80 000	48 000	15 000	−11 000
Total Equity	56 000	46 000	−3 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−15 000	10 000	2 000
Unpaid Taxes	5 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	15 000	3 000	3 000	3 000
Total Current Debt	24 000	3 000	18 000	5 000
Total Equity and Debt	80 000	48 000	15 000	−11 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,86 %	106,52 %	−433,33 %	12,5 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	15,79 %	36,57 %	28,33 %	-
Current Ratio	3,33	16	0,83	−2,2
Quick Ratio	−2,86	−2	0,83	−2,2
Equity Ratio	0,7	0,96	−0,2	1,45
Gross Profit Margin	65,79 %	49,71 %	91,67 %	-