COFOUNDER MANAGEMENT AS

7010 TRONDHEIM

Finances

Return on Equity

55,46 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 096 000	9 307 000	7 577 000	8 000 000
Net Income	1 676 000	372 000	−167 000	116 000
Total Assets	5 172 000	4 918 000	3 763 000	2 861 000
Total Equity	3 022 000	1 281 000	909 000	1 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 096 000	9 307 000	7 577 000	8 000 000
Expenditure	8 909 000	8 761 000	7 768 000	7 846 000
Operating Profit	2 187 000	546 000	−191 000	155 000
Financial Income	11 000	4 000	0	2 000
Financial Costs	48 000	63 000	14 000	0
Financial Balance	−37 000	−59 000	−14 000	2 000
Earnings Before Tax	2 150 000	486 000	−205 000	157 000
Tax	474 000	114 000	−38 000	42 000
Net Income	1 676 000	372 000	−167 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	700 000	21 000	57 000	21 000
Total Current Assets	4 472 000	4 897 000	3 706 000	2 839 000
Total Assets	5 172 000	4 918 000	3 763 000	2 861 000
Total Retained Equity	2 854 000	1 135 000	805 000	972 000
Total Equity	3 022 000	1 281 000	909 000	1 076 000
Total Long-Term Debt	2 000	2 009 000	1 263 000	0
Total Current Debt	2 149 000	1 628 000	1 592 000	1 785 000
Total Equity and Debt	5 172 000	4 918 000	3 763 000	2 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 018 000	8 407 000	6 967 000	8 000 000
Other Income	78 000	900 000	610 000	0
Revenue	11 096 000	9 307 000	7 577 000	8 000 000
Cost of Goods Sold	0	166 000	0	0
Salary Costs	7 408 000	7 203 000	6 732 000	7 089 000
Depreciation	6 000	0	0	6 000
Impairment	0	0	0	0
Expenditure	8 909 000	8 761 000	7 768 000	7 846 000
Operating Profit	2 187 000	546 000	−191 000	155 000
Financial Income	11 000	4 000	0	2 000
Financial Costs	48 000	63 000	14 000	0
Financial Balance	−37 000	−59 000	−14 000	2 000
Dividends	0	0	0	0
Net Income	1 676 000	372 000	−167 000	116 000

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	40 000	0	0	0
Total Tangible Assets	40 000	0	0	0
Total Fiancial Fixed Assets	660 000	21 000	57 000	21 000
Total Fixed Assets	700 000	21 000	57 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 503 000	781 000	553 000	957 000
Total Current Assets	4 472 000	4 897 000	3 706 000	2 839 000
Total Assets	5 172 000	4 918 000	3 763 000	2 861 000
Total Equity	3 022 000	1 281 000	909 000	1 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 009 000	1 263 000	0
Creditors	110 000	256 000	128 000	141 000
Unpaid Taxes	890 000	627 000	734 000	855 000
Dividends	0	0	0	0
Other Current Debt	676 000	630 000	729 000	759 000
Total Current Debt	2 149 000	1 628 000	1 592 000	1 785 000
Total Equity and Debt	5 172 000	4 918 000	3 763 000	2 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,46 %	29,04 %	−18,37 %	10,78 %
Debt-to-Equity Ratio	0	1,57	1,39	0
Operating Profit Margin	19,71 %	5,87 %	−2,52 %	1,94 %
Current Ratio	2,08	3,01	2,33	1,59
Quick Ratio	2,08	3,01	2,33	1,59
Equity Ratio	0,58	0,26	0,24	0,38
Gross Profit Margin	100 %	98,22 %	100 %	100 %