CODEFARM AS

3854 NISSEDAL

Finances

Share Ownership

Return on Equity

38,85 %

Current Ratio

5,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	269 000	243 000	226 000
Net Income	190 000	189 000	175 000	165 000
Total Assets	606 000	433 000	316 000	1 038 000
Total Equity	489 000	299 000	130 000	436 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	269 000	243 000	226 000
Expenditure	26 000	27 000	19 000	15 000
Operating Profit	244 000	242 000	224 000	211 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	244 000	242 000	224 000	212 000
Tax	54 000	53 000	49 000	47 000
Net Income	190 000	189 000	175 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	20 000	100 000	0
Total Current Assets	606 000	413 000	216 000	1 038 000
Total Assets	606 000	433 000	316 000	1 038 000
Total Retained Equity	459 000	269 000	100 000	406 000
Total Equity	489 000	299 000	130 000	436 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	116 000	134 000	185 000	602 000
Total Equity and Debt	606 000	433 000	316 000	1 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	270 000	269 000	243 000	226 000
Other Income	0	0	0	0
Revenue	270 000	269 000	243 000	226 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	27 000	19 000	15 000
Operating Profit	244 000	242 000	224 000	211 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	20 000	80 000	0
Net Income	190 000	189 000	175 000	165 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	20 000	100 000	0
Total Fixed Assets	0	20 000	100 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	315 000	335 000	222 000	1 047 000
Total Current Assets	606 000	413 000	216 000	1 038 000
Total Assets	606 000	433 000	316 000	1 038 000
Total Equity	489 000	299 000	130 000	436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	61 000	61 000	56 000	56 000
Dividends	0	20 000	80 000	0
Other Current Debt	0	0	0	500 000
Total Current Debt	116 000	134 000	185 000	602 000
Total Equity and Debt	606 000	433 000	316 000	1 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,85 %	63,21 %	134,62 %	37,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,37 %	89,96 %	92,18 %	93,36 %
Current Ratio	5,22	3,08	1,17	1,72
Quick Ratio	5,22	3,08	1,17	1,72
Equity Ratio	0,81	0,69	0,41	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %