COWPOWER AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

33,67 %

Current Ratio

7,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 030 000	1 050 000	50 000	2 150 000
Net Income	764 000	746 000	26 000	342 000
Total Assets	2 520 000	1 751 000	1 767 000	1 892 000
Total Equity	2 269 000	1 505 000	1 759 000	1 733 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 030 000	1 050 000	50 000	2 150 000
Expenditure	55 000	94 000	17 000	1 715 000
Operating Profit	975 000	956 000	33 000	436 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	6 000	0	0	2 000
Earnings Before Tax	980 000	956 000	34 000	438 000
Tax	216 000	210 000	8 000	96 000
Net Income	764 000	746 000	26 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	573 000	573 000	573 000	400 000
Total Current Assets	1 947 000	1 178 000	1 194 000	1 492 000
Total Assets	2 520 000	1 751 000	1 767 000	1 892 000
Total Retained Equity	2 197 000	1 433 000	1 687 000	1 660 000
Total Equity	2 269 000	1 505 000	1 759 000	1 733 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	251 000	246 000	8 000	159 000
Total Equity and Debt	2 520 000	1 751 000	1 767 000	1 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 030 000	1 050 000	50 000	2 150 000
Other Income	0	0	0	0
Revenue	1 030 000	1 050 000	50 000	2 150 000
Cost of Goods Sold	42 000	82 000	0	1 623 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	94 000	17 000	1 715 000
Operating Profit	975 000	956 000	33 000	436 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	6 000	0	0	2 000
Dividends	0	1 000 000	0	200 000
Net Income	764 000	746 000	26 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	573 000	573 000	573 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	400 000
Total Fixed Assets	573 000	573 000	573 000	400 000
Stock	168 000	209 000	148 000	148 000
Total Investments	0	0	0	0
Cash, Bank	1 717 000	739 000	787 000	1 273 000
Total Current Assets	1 947 000	1 178 000	1 194 000	1 492 000
Total Assets	2 520 000	1 751 000	1 767 000	1 892 000
Total Equity	2 269 000	1 505 000	1 759 000	1 733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	26 000	0	63 000
Unpaid Taxes	9 000	10 000	0	0
Dividends	0	1 000 000	0	200 000
Other Current Debt	0	0	0	0
Total Current Debt	251 000	246 000	8 000	159 000
Total Equity and Debt	2 520 000	1 751 000	1 767 000	1 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,67 %	49,57 %	1,48 %	19,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	94,66 %	91,05 %	66 %	20,28 %
Current Ratio	7,76	4,79	149,25	9,38
Quick Ratio	23,46	31,84	−8,53	135,64
Equity Ratio	0,9	0,86	1	0,92
Gross Profit Margin	95,92 %	92,19 %	100 %	24,51 %