ZUFFENHAUSEN AS

2320 FURNES

Finances

Share Ownership

Return on Equity

26,62 %

Current Ratio

1,63

Debt-to-Equity Ratio

2,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 795 000	2 336 000	2 240 000	1 416 000
Net Income	295 000	280 000	342 000	27 000
Total Assets	4 399 000	1 041 000	720 000	354 000
Total Equity	1 108 000	813 000	533 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 795 000	2 336 000	2 240 000	1 416 000
Expenditure	2 299 000	1 968 000	1 800 000	1 380 000
Operating Profit	497 000	368 000	440 000	35 000
Financial Income	−1 000	0	−1 000	0
Financial Costs	118 000	3 000	0	0
Financial Balance	−119 000	−3 000	−1 000	0
Earnings Before Tax	378 000	365 000	439 000	34 000
Tax	83 000	85 000	97 000	8 000
Net Income	295 000	280 000	342 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 939 000	1 007 000	28 000	31 000
Total Current Assets	460 000	34 000	692 000	323 000
Total Assets	4 399 000	1 041 000	720 000	354 000
Total Retained Equity	1 066 000	771 000	491 000	149 000
Total Equity	1 108 000	813 000	533 000	191 000
Total Long-Term Debt	3 007 000	314 000	6 000	0
Total Current Debt	283 000	−86 000	181 000	163 000
Total Equity and Debt	4 399 000	1 041 000	720 000	354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 767 000	2 336 000	2 240 000	1 416 000
Other Income	28 000	0	0	0
Revenue	2 795 000	2 336 000	2 240 000	1 416 000
Cost of Goods Sold	245 000	500 000	620 000	167 000
Salary Costs	1 219 000	973 000	801 000	859 000
Depreciation	42 000	3 000	3 000	2 000
Impairment	0	0	0	0
Expenditure	2 299 000	1 968 000	1 800 000	1 380 000
Operating Profit	497 000	368 000	440 000	35 000
Financial Income	−1 000	0	−1 000	0
Financial Costs	118 000	3 000	0	0
Financial Balance	−119 000	−3 000	−1 000	0
Dividends	0	0	0	0
Net Income	295 000	280 000	342 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 799 000	859 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	11 000	14 000
Total Tangible Assets	3 799 000	867 000	11 000	14 000
Total Fiancial Fixed Assets	141 000	141 000	17 000	17 000
Total Fixed Assets	3 939 000	1 007 000	28 000	31 000
Stock	646 000	470 000	470 000	214 000
Total Investments	0	0	0	0
Cash, Bank	−222 000	−174 000	222 000	78 000
Total Current Assets	460 000	34 000	692 000	323 000
Total Assets	4 399 000	1 041 000	720 000	354 000
Total Equity	1 108 000	813 000	533 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 007 000	314 000	6 000	0
Creditors	43 000	−341 000	6 000	3 000
Unpaid Taxes	−27 000	−21 000	−16 000	24 000
Dividends	0	0	0	0
Other Current Debt	178 000	197 000	100 000	128 000
Total Current Debt	283 000	−86 000	181 000	163 000
Total Equity and Debt	4 399 000	1 041 000	720 000	354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,62 %	34,44 %	64,17 %	14,14 %
Debt-to-Equity Ratio	2,71	0,39	0,01	0
Operating Profit Margin	17,78 %	15,75 %	19,64 %	2,47 %
Current Ratio	1,63	−0,4	3,82	1,98
Quick Ratio	−1,27	−0,06	−2,39	−6,33
Equity Ratio	0,25	0,78	0,74	0,54
Gross Profit Margin	91,23 %	78,6 %	72,32 %	88,21 %