ZOVENFRA AS

1081 OSLO

Finances

Return on Equity

57,14 %

Current Ratio

1,2

Debt-to-Equity Ratio

6,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 137 000	7 101 000	7 566 000	10 204 000
Net Income	20 000	−55 000	87 000	522 000
Total Assets	1 368 000	1 967 000	3 295 000	1 764 000
Total Equity	35 000	14 000	783 000	696 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 137 000	7 101 000	7 566 000	10 204 000
Expenditure	7 079 000	7 125 000	7 737 000	9 537 000
Operating Profit	58 000	−24 000	−171 000	667 000
Financial Income	0	1 000	304 000	2 000
Financial Costs	29 000	44 000	46 000	1 000
Financial Balance	−29 000	−43 000	258 000	1 000
Earnings Before Tax	29 000	−68 000	87 000	667 000
Tax	9 000	−13 000	0	146 000
Net Income	20 000	−55 000	87 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	68 000	102 000	135 000
Total Current Assets	1 337 000	1 899 000	3 192 000	1 629 000
Total Assets	1 368 000	1 967 000	3 295 000	1 764 000
Total Retained Equity	13 000	−7 000	762 000	675 000
Total Equity	35 000	14 000	783 000	696 000
Total Long-Term Debt	222 000	889 000	1 556 000	0
Total Current Debt	1 112 000	1 064 000	956 000	1 068 000
Total Equity and Debt	1 368 000	1 967 000	3 295 000	1 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 084 000	6 993 000	7 514 000	10 203 000
Other Income	53 000	108 000	52 000	0
Revenue	7 137 000	7 101 000	7 566 000	10 204 000
Cost of Goods Sold	2 503 000	1 337 000	1 657 000	2 556 000
Salary Costs	3 661 000	4 586 000	4 838 000	5 674 000
Depreciation	36 000	47 000	47 000	15 000
Impairment	0	0	0	0
Expenditure	7 079 000	7 125 000	7 737 000	9 537 000
Operating Profit	58 000	−24 000	−171 000	667 000
Financial Income	0	1 000	304 000	2 000
Financial Costs	29 000	44 000	46 000	1 000
Financial Balance	−29 000	−43 000	258 000	1 000
Dividends	0	750 000	0	400 000
Net Income	20 000	−55 000	87 000	522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	40 000	87 000	135 000
Total Tangible Assets	4 000	40 000	87 000	135 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	31 000	68 000	102 000	135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	975 000	1 236 000	2 661 000	1 173 000
Total Current Assets	1 337 000	1 899 000	3 192 000	1 629 000
Total Assets	1 368 000	1 967 000	3 295 000	1 764 000
Total Equity	35 000	14 000	783 000	696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	889 000	1 556 000	0
Creditors	145 000	41 000	65 000	129 000
Unpaid Taxes	552 000	483 000	418 000	473 000
Dividends	0	750 000	0	400 000
Other Current Debt	407 000	541 000	473 000	319 000
Total Current Debt	1 112 000	1 064 000	956 000	1 068 000
Total Equity and Debt	1 368 000	1 967 000	3 295 000	1 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,14 %	−392,86 %	11,11 %	75 %
Debt-to-Equity Ratio	6,34	63,5	1,99	0
Operating Profit Margin	0,81 %	−0,34 %	−2,26 %	6,54 %
Current Ratio	1,2	1,78	3,34	1,53
Quick Ratio	1,2	1,78	3,34	1,53
Equity Ratio	0,03	0,01	0,24	0,39
Gross Profit Margin	64,93 %	81,17 %	78,1 %	74,95 %