EQUITO AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

−8,13 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 986 000	3 161 000	3 577 000	3 841 000
Net Income	123 000	98 000	−246 000	454 000
Total Assets	985 000	968 000	901 000	1 253 000
Total Equity	−1 512 000	−1 635 000	−1 733 000	−1 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 986 000	3 161 000	3 577 000	3 841 000
Expenditure	2 863 000	3 064 000	3 823 000	3 390 000
Operating Profit	123 000	98 000	−246 000	452 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	123 000	98 000	−246 000	454 000
Tax	0	0	0	0
Net Income	123 000	98 000	−246 000	454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	461 000	494 000	511 000	1 000 000
Total Current Assets	524 000	474 000	390 000	253 000
Total Assets	985 000	968 000	901 000	1 253 000
Total Retained Equity	−1 614 000	−1 737 000	−1 835 000	−1 588 000
Total Equity	−1 512 000	−1 635 000	−1 733 000	−1 486 000
Total Long-Term Debt	1 458 000	1 458 000	1 391 000	1 695 000
Total Current Debt	1 038 000	1 145 000	1 242 000	1 044 000
Total Equity and Debt	985 000	968 000	901 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 986 000	3 161 000	3 577 000	3 841 000
Other Income	0	0	0	0
Revenue	2 986 000	3 161 000	3 577 000	3 841 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 035 000	1 427 000	1 493 000	1 460 000
Depreciation	0	17 000	388 000	88 000
Impairment	0	0	0	0
Expenditure	2 863 000	3 064 000	3 823 000	3 390 000
Operating Profit	123 000	98 000	−246 000	452 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	123 000	98 000	−246 000	454 000

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	461 000	494 000	511 000	1 000 000
Fixtures	0	0	0	0
Total Tangible Assets	461 000	494 000	511 000	1 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	461 000	494 000	511 000	1 000 000
Stock	104 000	104 000	42 000	42 000
Total Investments	0	0	0	0
Cash, Bank	286 000	235 000	270 000	154 000
Total Current Assets	524 000	474 000	390 000	253 000
Total Assets	985 000	968 000	901 000	1 253 000
Total Equity	−1 512 000	−1 635 000	−1 733 000	−1 486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 458 000	1 458 000	1 391 000	1 695 000
Creditors	135 000	144 000	430 000	95 000
Unpaid Taxes	69 000	100 000	97 000	97 000
Dividends	0	0	0	0
Other Current Debt	834 000	900 000	715 000	852 000
Total Current Debt	1 038 000	1 145 000	1 242 000	1 044 000
Total Equity and Debt	985 000	968 000	901 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,13 %	−5,99 %	14,2 %	−30,55 %
Debt-to-Equity Ratio	−0,96	−0,89	−0,8	−1,14
Operating Profit Margin	4,12 %	3,1 %	−6,88 %	11,77 %
Current Ratio	0,5	0,41	0,31	0,24
Quick Ratio	0,56	0,46	0,33	0,25
Equity Ratio	−1,54	−1,69	−1,92	−1,19
Gross Profit Margin	100 %	100 %	100 %	100 %