MADE IN DENMARK AS

0853 OSLO

Finances

Return on Equity

67,27 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 037 000	567 000	1 606 000
Net Income	701 000	498 000	7 000	622 000
Total Assets	1 314 000	1 245 000	782 000	1 151 000
Total Equity	1 042 000	991 000	693 000	686 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 037 000	567 000	1 606 000
Expenditure	586 000	447 000	544 000	800 000
Operating Profit	903 000	590 000	23 000	806 000
Financial Income	−1 000	50 000	0	0
Financial Costs	0	0	4 000	0
Financial Balance	−1 000	50 000	−4 000	0
Earnings Before Tax	902 000	640 000	19 000	806 000
Tax	201 000	142 000	11 000	184 000
Net Income	701 000	498 000	7 000	622 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	665 000	680 000	696 000	644 000
Total Current Assets	649 000	565 000	87 000	507 000
Total Assets	1 314 000	1 245 000	782 000	1 151 000
Total Retained Equity	1 012 000	961 000	663 000	656 000
Total Equity	1 042 000	991 000	693 000	686 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	272 000	254 000	89 000	466 000
Total Equity and Debt	1 314 000	1 245 000	782 000	1 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 485 000	1 037 000	567 000	1 606 000
Other Income	4 000	0	0	0
Revenue	1 488 000	1 037 000	567 000	1 606 000
Cost of Goods Sold	0	5 000	1 000	72 000
Salary Costs	139 000	133 000	93 000	458 000
Depreciation	17 000	16 000	13 000	6 000
Impairment	0	0	0	0
Expenditure	586 000	447 000	544 000	800 000
Operating Profit	903 000	590 000	23 000	806 000
Financial Income	−1 000	50 000	0	0
Financial Costs	0	0	4 000	0
Financial Balance	−1 000	50 000	−4 000	0
Dividends	0	0	0	100 000
Net Income	701 000	498 000	7 000	622 000

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	155 000	172 000	129 000	106 000
Total Tangible Assets	155 000	172 000	129 000	106 000
Total Fiancial Fixed Assets	510 000	509 000	567 000	538 000
Total Fixed Assets	665 000	680 000	696 000	644 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	405 000	87 000	181 000
Total Current Assets	649 000	565 000	87 000	507 000
Total Assets	1 314 000	1 245 000	782 000	1 151 000
Total Equity	1 042 000	991 000	693 000	686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	5 000	0	18 000
Unpaid Taxes	48 000	29 000	9 000	200 000
Dividends	0	0	0	100 000
Other Current Debt	21 000	78 000	69 000	64 000
Total Current Debt	272 000	254 000	89 000	466 000
Total Equity and Debt	1 314 000	1 245 000	782 000	1 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,27 %	50,25 %	1,01 %	90,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	60,69 %	56,89 %	4,06 %	50,19 %
Current Ratio	2,39	2,22	0,98	1,09
Quick Ratio	2,39	2,22	0,98	1,09
Equity Ratio	0,79	0,8	0,89	0,6
Gross Profit Margin	100 %	99,52 %	99,82 %	95,52 %