CONVERSION AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

17,8 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	373 000	178 000	196 000	2 589 000
Net Income	34 000	38 000	46 000	116 000
Total Assets	267 000	225 000	243 000	403 000
Total Equity	191 000	196 000	202 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	373 000	178 000	196 000	2 589 000
Expenditure	278 000	166 000	137 000	2 435 000
Operating Profit	96 000	13 000	60 000	153 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	1 000
Earnings Before Tax	96 000	13 000	60 000	155 000
Tax	62 000	−25 000	14 000	39 000
Net Income	34 000	38 000	46 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	104 000	138 000	254 000
Total Current Assets	163 000	122 000	104 000	148 000
Total Assets	267 000	225 000	243 000	403 000
Total Retained Equity	158 000	163 000	169 000	124 000
Total Equity	191 000	196 000	202 000	157 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	73 000	30 000	41 000	246 000
Total Equity and Debt	267 000	225 000	243 000	403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	373 000	178 000	196 000	2 589 000
Other Income	0	0	0	0
Revenue	373 000	178 000	196 000	2 589 000
Cost of Goods Sold	40 000	47 000	17 000	783 000
Salary Costs	190 000	5 000	−2 000	1 205 000
Depreciation	0	58 000	0	0
Impairment	0	0	0	0
Expenditure	278 000	166 000	137 000	2 435 000
Operating Profit	96 000	13 000	60 000	153 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	1 000
Dividends	38 000	0	0	680 000
Net Income	34 000	38 000	46 000	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	23 000	23 000	58 000	58 000
Total Tangible Assets	23 000	23 000	58 000	58 000
Total Fiancial Fixed Assets	80 000	80 000	80 000	196 000
Total Fixed Assets	104 000	104 000	138 000	254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	102 000	89 000	42 000
Total Current Assets	163 000	122 000	104 000	148 000
Total Assets	267 000	225 000	243 000	403 000
Total Equity	191 000	196 000	202 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	12 000	17 000	11 000	19 000
Unpaid Taxes	21 000	−2 000	16 000	60 000
Dividends	38 000	0	0	680 000
Other Current Debt	20 000	−5 000	0	108 000
Total Current Debt	73 000	30 000	41 000	246 000
Total Equity and Debt	267 000	225 000	243 000	403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,8 %	19,39 %	22,77 %	73,89 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	25,74 %	7,3 %	30,61 %	5,91 %
Current Ratio	2,23	4,07	2,54	0,6
Quick Ratio	2,23	4,07	2,54	0,6
Equity Ratio	0,72	0,87	0,83	0,39
Gross Profit Margin	89,28 %	73,6 %	91,33 %	69,76 %