STUDIO AZUR AS

0273 OSLO

Finances

Return on Equity

−172,95 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 020 000	15 920 000	17 769 000	17 147 000
Net Income	−422 000	−54 000	106 000	−42 000
Total Assets	596 000	818 000	2 589 000	887 000
Total Equity	244 000	666 000	720 000	614 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 020 000	15 920 000	17 769 000	17 147 000
Expenditure	3 419 000	15 978 000	17 598 000	17 161 000
Operating Profit	−399 000	−58 000	171 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	11 000	31 000	29 000
Financial Balance	−29 000	−11 000	−31 000	−29 000
Earnings Before Tax	−427 000	−69 000	140 000	−44 000
Tax	−5 000	−15 000	33 000	−2 000
Net Income	−422 000	−54 000	106 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	62 000	81 000	85 000
Total Current Assets	534 000	756 000	2 508 000	802 000
Total Assets	596 000	818 000	2 589 000	887 000
Total Retained Equity	44 000	466 000	520 000	414 000
Total Equity	244 000	666 000	720 000	614 000
Total Long-Term Debt	0	5 000	21 000	20 000
Total Current Debt	352 000	146 000	1 848 000	253 000
Total Equity and Debt	596 000	818 000	2 589 000	887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 020 000	15 920 000	15 479 000	17 142 000
Other Income	0	0	2 290 000	5 000
Revenue	3 020 000	15 920 000	17 769 000	17 147 000
Cost of Goods Sold	2 761 000	14 736 000	16 105 000	15 774 000
Salary Costs	542 000	1 000 000	1 183 000	959 000
Depreciation	0	0	13 000	7 000
Impairment	0	0	0	0
Expenditure	3 419 000	15 978 000	17 598 000	17 161 000
Operating Profit	−399 000	−58 000	171 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	11 000	31 000	29 000
Financial Balance	−29 000	−11 000	−31 000	−29 000
Dividends	0	0	0	0
Net Income	−422 000	−54 000	106 000	−42 000

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	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	62 000	62 000	81 000	73 000
Total Fixed Assets	62 000	62 000	81 000	85 000
Stock	125 000	130 000	113 000	405 000
Total Investments	0	0	0	0
Cash, Bank	179 000	617 000	57 000	205 000
Total Current Assets	534 000	756 000	2 508 000	802 000
Total Assets	596 000	818 000	2 589 000	887 000
Total Equity	244 000	666 000	720 000	614 000
Short-Term Group Debt	40 000	53 000	0	0
Total Long-Term Debt	0	5 000	21 000	20 000
Creditors	248 000	2 000	8 000	8 000
Unpaid Taxes	8 000	12 000	86 000	82 000
Dividends	0	0	0	0
Other Current Debt	56 000	80 000	156 000	153 000
Total Current Debt	352 000	146 000	1 848 000	253 000
Total Equity and Debt	596 000	818 000	2 589 000	887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−172,95 %	−8,11 %	14,72 %	−6,84 %
Debt-to-Equity Ratio	0	0,01	0,03	0,03
Operating Profit Margin	−13,21 %	−0,36 %	0,96 %	−0,09 %
Current Ratio	1,52	5,18	1,36	3,17
Quick Ratio	2,35	47,25	1,45	−5,28
Equity Ratio	0,41	0,81	0,28	0,69
Gross Profit Margin	8,58 %	7,44 %	9,36 %	8,01 %