CODEO NORGE AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−3,19 %

Current Ratio

4,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 037 000	7 901 000	10 753 000	10 112 000
Net Income	−119 000	57 000	1 560 000	486 000
Total Assets	4 836 000	5 923 000	5 710 000	3 678 000
Total Equity	3 730 000	3 849 000	3 792 000	2 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 037 000	7 901 000	10 753 000	10 112 000
Expenditure	7 206 000	7 843 000	8 800 000	9 541 000
Operating Profit	−169 000	59 000	1 953 000	571 000
Financial Income	13 000	11 000	13 000	6 000
Financial Costs	−5 000	0	8 000	5 000
Financial Balance	18 000	11 000	5 000	1 000
Earnings Before Tax	−150 000	70 000	1 958 000	573 000
Tax	−31 000	13 000	398 000	87 000
Net Income	−119 000	57 000	1 560 000	486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	266 000	326 000	248 000	488 000
Total Current Assets	4 570 000	5 597 000	5 462 000	3 189 000
Total Assets	4 836 000	5 923 000	5 710 000	3 678 000
Total Retained Equity	3 628 000	3 746 000	3 689 000	2 129 000
Total Equity	3 730 000	3 849 000	3 792 000	2 231 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 106 000	2 074 000	1 918 000	1 446 000
Total Equity and Debt	4 836 000	5 923 000	5 710 000	3 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 988 000	7 901 000	10 410 000	10 112 000
Other Income	49 000	0	343 000	0
Revenue	7 037 000	7 901 000	10 753 000	10 112 000
Cost of Goods Sold	1 249 000	1 067 000	1 613 000	2 100 000
Salary Costs	4 297 000	5 043 000	5 374 000	5 292 000
Depreciation	92 000	129 000	359 000	312 000
Impairment	0	0	0	0
Expenditure	7 206 000	7 843 000	8 800 000	9 541 000
Operating Profit	−169 000	59 000	1 953 000	571 000
Financial Income	13 000	11 000	13 000	6 000
Financial Costs	−5 000	0	8 000	5 000
Financial Balance	18 000	11 000	5 000	1 000
Dividends	0	0	0	0
Net Income	−119 000	57 000	1 560 000	486 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	18 000	7 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	154 000	241 000	484 000
Total Tangible Assets	63 000	154 000	241 000	484 000
Total Fiancial Fixed Assets	154 000	154 000	0	0
Total Fixed Assets	266 000	326 000	248 000	488 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 351 000	4 562 000	4 166 000	1 589 000
Total Current Assets	4 570 000	5 597 000	5 462 000	3 189 000
Total Assets	4 836 000	5 923 000	5 710 000	3 678 000
Total Equity	3 730 000	3 849 000	3 792 000	2 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	155 000	441 000	276 000	363 000
Unpaid Taxes	540 000	722 000	687 000	652 000
Dividends	0	0	0	0
Other Current Debt	411 000	886 000	708 000	432 000
Total Current Debt	1 106 000	2 074 000	1 918 000	1 446 000
Total Equity and Debt	4 836 000	5 923 000	5 710 000	3 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,19 %	1,48 %	41,14 %	21,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,4 %	0,75 %	18,16 %	5,65 %
Current Ratio	4,13	2,7	2,85	2,21
Quick Ratio	4,13	2,7	2,85	2,21
Equity Ratio	0,77	0,65	0,66	0,61
Gross Profit Margin	82,25 %	86,5 %	85 %	79,23 %