FUNCTION TECHNOLOGY AS

5067 BERGEN

Finances

Share Ownership

Return on Equity

16,58 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 252 000	1 348 000	1 395 000	1 862 000
Net Income	245 000	74 000	−169 000	86 000
Total Assets	3 231 000	2 161 000	2 500 000	2 740 000
Total Equity	1 478 000	1 233 000	1 159 000	1 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 252 000	1 348 000	1 395 000	1 862 000
Expenditure	1 900 000	1 203 000	1 552 000	2 026 000
Operating Profit	352 000	144 000	−157 000	−165 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	42 000	45 000	61 000	44 000
Financial Balance	−41 000	−44 000	−61 000	−42 000
Earnings Before Tax	310 000	100 000	−218 000	−207 000
Tax	66 000	26 000	−48 000	−293 000
Net Income	245 000	74 000	−169 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	28 000	122 000
Total Current Assets	3 231 000	2 161 000	2 472 000	2 618 000
Total Assets	3 231 000	2 161 000	2 500 000	2 740 000
Total Retained Equity	319 000	74 000	0	19 000
Total Equity	1 478 000	1 233 000	1 159 000	1 157 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 753 000	928 000	1 341 000	1 583 000
Total Equity and Debt	3 231 000	2 161 000	2 500 000	2 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 252 000	1 348 000	1 395 000	1 862 000
Other Income	0	0	0	0
Revenue	2 252 000	1 348 000	1 395 000	1 862 000
Cost of Goods Sold	1 492 000	752 000	915 000	1 288 000
Salary Costs	0	0	0	0
Depreciation	0	28 000	94 000	165 000
Impairment	0	0	0	0
Expenditure	1 900 000	1 203 000	1 552 000	2 026 000
Operating Profit	352 000	144 000	−157 000	−165 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	42 000	45 000	61 000	44 000
Financial Balance	−41 000	−44 000	−61 000	−42 000
Dividends	0	0	0	0
Net Income	245 000	74 000	−169 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	22 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	31 000
Total Tangible Assets	0	0	6 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	28 000	122 000
Stock	958 000	933 000	999 000	1 042 000
Total Investments	0	0	0	0
Cash, Bank	50 000	0	0	0
Total Current Assets	3 231 000	2 161 000	2 472 000	2 618 000
Total Assets	3 231 000	2 161 000	2 500 000	2 740 000
Total Equity	1 478 000	1 233 000	1 159 000	1 157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	742 000	21 000	390 000	118 000
Unpaid Taxes	0	0	40 000	21 000
Dividends	0	0	0	0
Other Current Debt	135 000	165 000	183 000	545 000
Total Current Debt	1 753 000	928 000	1 341 000	1 583 000
Total Equity and Debt	3 231 000	2 161 000	2 500 000	2 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,58 %	6 %	−14,58 %	7,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,63 %	10,68 %	−11,25 %	−8,86 %
Current Ratio	1,84	2,33	1,84	1,65
Quick Ratio	4,06	−432,2	7,23	4,84
Equity Ratio	0,46	0,57	0,46	0,42
Gross Profit Margin	33,75 %	44,21 %	34,41 %	30,83 %