STUDIO 44 AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

26,88 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	948 000	596 000	422 000	439 000
Net Income	43 000	15 000	−187 000	−152 000
Total Assets	436 000	228 000	180 000	95 000
Total Equity	160 000	117 000	102 000	−261 000

Income (NOK)	2022	2021	2020	2019
Revenue	948 000	596 000	422 000	439 000
Expenditure	904 000	582 000	609 000	589 000
Operating Profit	43 000	15 000	−187 000	−150 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	43 000	15 000	−187 000	−152 000
Tax	0	0	0	0
Net Income	43 000	15 000	−187 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	19 000	24 000	0
Total Current Assets	364 000	209 000	156 000	95 000
Total Assets	436 000	228 000	180 000	95 000
Total Retained Equity	−406 000	−449 000	−464 000	−277 000
Total Equity	160 000	117 000	102 000	−261 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	276 000	111 000	78 000	356 000
Total Equity and Debt	436 000	228 000	180 000	95 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	852 000	596 000	422 000	439 000
Other Income	96 000	0	0	0
Revenue	948 000	596 000	422 000	439 000
Cost of Goods Sold	162 000	111 000	63 000	78 000
Salary Costs	407 000	208 000	155 000	295 000
Depreciation	10 000	6 000	3 000	11 000
Impairment	0	0	0	0
Expenditure	904 000	582 000	609 000	589 000
Operating Profit	43 000	15 000	−187 000	−150 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	43 000	15 000	−187 000	−152 000

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	72 000	19 000	24 000	0
Total Tangible Assets	72 000	19 000	24 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 000	19 000	24 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	48 000	97 000	42 000
Total Current Assets	364 000	209 000	156 000	95 000
Total Assets	436 000	228 000	180 000	95 000
Total Equity	160 000	117 000	102 000	−261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	99 000	3 000	17 000	27 000
Unpaid Taxes	42 000	40 000	38 000	49 000
Dividends	0	0	0	0
Other Current Debt	135 000	68 000	23 000	280 000
Total Current Debt	276 000	111 000	78 000	356 000
Total Equity and Debt	436 000	228 000	180 000	95 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,88 %	12,82 %	−183,33 %	58,24 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	4,54 %	2,52 %	−44,31 %	−34,17 %
Current Ratio	1,32	1,88	2	0,27
Quick Ratio	1,32	1,88	2	0,27
Equity Ratio	0,37	0,51	0,57	−2,75
Gross Profit Margin	82,91 %	81,38 %	85,07 %	82,23 %