MYCHOICE AS

1481 HAGAN

Finances

Return on Equity

380,25 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 918 000	14 103 000	27 029 000	30 560 000
Net Income	−597 000	−494 000	1 127 000	1 110 000
Total Assets	4 176 000	4 043 000	15 851 000	15 933 000
Total Equity	−157 000	440 000	10 038 000	10 411 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 918 000	14 103 000	27 029 000	30 560 000
Expenditure	11 659 000	14 988 000	24 292 000	28 866 000
Operating Profit	−740 000	−885 000	2 736 000	1 694 000
Financial Income	6 000	12 000	16 000	329 000
Financial Costs	31 000	−183 000	1 024 000	530 000
Financial Balance	−25 000	195 000	−1 008 000	−201 000
Earnings Before Tax	−766 000	−689 000	1 729 000	1 493 000
Tax	−168 000	−196 000	601 000	383 000
Net Income	−597 000	−494 000	1 127 000	1 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 109 000	1 607 000	3 493 000	3 105 000
Total Current Assets	3 066 000	2 436 000	12 358 000	12 827 000
Total Assets	4 176 000	4 043 000	15 851 000	15 933 000
Total Retained Equity	−187 000	410 000	9 938 000	10 311 000
Total Equity	−157 000	440 000	10 038 000	10 411 000
Total Long-Term Debt	0	0	758 000	987 000
Total Current Debt	4 333 000	3 603 000	5 055 000	4 535 000
Total Equity and Debt	4 176 000	4 043 000	15 851 000	15 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 918 000	14 049 000	27 029 000	30 560 000
Other Income	0	54 000	0	0
Revenue	10 918 000	14 103 000	27 029 000	30 560 000
Cost of Goods Sold	8 778 000	10 030 000	20 252 000	23 619 000
Salary Costs	1 109 000	1 464 000	2 831 000	3 527 000
Depreciation	0	78 000	186 000	186 000
Impairment	0	0	0	0
Expenditure	11 659 000	14 988 000	24 292 000	28 866 000
Operating Profit	−740 000	−885 000	2 736 000	1 694 000
Financial Income	6 000	12 000	16 000	329 000
Financial Costs	31 000	−183 000	1 024 000	530 000
Financial Balance	−25 000	195 000	−1 008 000	−201 000
Dividends	0	0	1 500 000	0
Net Income	−597 000	−494 000	1 127 000	1 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	514 000	345 000	150 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 042 000	1 228 000
Total Tangible Assets	0	0	1 042 000	1 228 000
Total Fiancial Fixed Assets	596 000	1 262 000	2 302 000	1 877 000
Total Fixed Assets	1 109 000	1 607 000	3 493 000	3 105 000
Stock	571 000	710 000	1 817 000	5 670 000
Total Investments	0	0	0	0
Cash, Bank	23 000	1 684 000	7 751 000	6 635 000
Total Current Assets	3 066 000	2 436 000	12 358 000	12 827 000
Total Assets	4 176 000	4 043 000	15 851 000	15 933 000
Total Equity	−157 000	440 000	10 038 000	10 411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	758 000	987 000
Creditors	179 000	940 000	1 010 000	2 683 000
Unpaid Taxes	518 000	288 000	1 350 000	924 000
Dividends	0	0	1 500 000	0
Other Current Debt	3 203 000	2 375 000	355 000	549 000
Total Current Debt	4 333 000	3 603 000	5 055 000	4 535 000
Total Equity and Debt	4 176 000	4 043 000	15 851 000	15 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	380,25 %	−112,27 %	11,23 %	10,66 %
Debt-to-Equity Ratio	−0	0	0,08	0,09
Operating Profit Margin	−6,78 %	−6,28 %	10,12 %	5,54 %
Current Ratio	0,71	0,68	2,44	2,83
Quick Ratio	0,81	0,84	3,82	−11,3
Equity Ratio	−0,04	0,11	0,63	0,65
Gross Profit Margin	19,6 %	28,88 %	25,07 %	22,71 %