FOTOGRAF MICHAEL ULRIKSEN AS

8521 ANKENES

Finances

Share Ownership

Return on Equity

31,99 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 925 000	1 538 000	1 377 000	1 155 000
Net Income	127 000	−50 000	132 000	124 000
Total Assets	856 000	810 000	822 000	809 000
Total Equity	397 000	347 000	398 000	266 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 925 000	1 538 000	1 377 000	1 155 000
Expenditure	1 761 000	1 598 000	1 229 000	1 239 000
Operating Profit	163 000	−61 000	148 000	−84 000
Financial Income	0	0	0	213 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	−1 000	0	−1 000	208 000
Earnings Before Tax	163 000	−61 000	147 000	124 000
Tax	36 000	−11 000	15 000	0
Net Income	127 000	−50 000	132 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	178 000	166 000	144 000
Total Current Assets	800 000	632 000	656 000	665 000
Total Assets	856 000	810 000	822 000	809 000
Total Retained Equity	367 000	317 000	368 000	236 000
Total Equity	397 000	347 000	398 000	266 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	460 000	463 000	425 000	543 000
Total Equity and Debt	856 000	810 000	822 000	809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 955 000	1 508 000	1 371 000	1 155 000
Other Income	−30 000	30 000	6 000	0
Revenue	1 925 000	1 538 000	1 377 000	1 155 000
Cost of Goods Sold	409 000	87 000	105 000	163 000
Salary Costs	1 095 000	1 195 000	864 000	906 000
Depreciation	41 000	33 000	34 000	33 000
Impairment	0	0	0	0
Expenditure	1 761 000	1 598 000	1 229 000	1 239 000
Operating Profit	163 000	−61 000	148 000	−84 000
Financial Income	0	0	0	213 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	−1 000	0	−1 000	208 000
Dividends	0	0	0	0
Net Income	127 000	−50 000	132 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	24 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	77 000	76 000	67 000
Total Tangible Assets	36 000	77 000	76 000	67 000
Total Fiancial Fixed Assets	0	77 000	77 000	77 000
Total Fixed Assets	56 000	178 000	166 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	433 000	569 000	365 000	541 000
Total Current Assets	800 000	632 000	656 000	665 000
Total Assets	856 000	810 000	822 000	809 000
Total Equity	397 000	347 000	398 000	266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	150 000	53 000	127 000	65 000
Unpaid Taxes	160 000	260 000	176 000	353 000
Dividends	0	0	0	0
Other Current Debt	117 000	150 000	93 000	125 000
Total Current Debt	460 000	463 000	425 000	543 000
Total Equity and Debt	856 000	810 000	822 000	809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,99 %	−14,41 %	33,17 %	46,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,47 %	−3,97 %	10,75 %	−7,27 %
Current Ratio	1,74	1,37	1,54	1,22
Quick Ratio	1,74	1,37	1,54	1,22
Equity Ratio	0,46	0,43	0,48	0,33
Gross Profit Margin	78,75 %	94,34 %	92,37 %	85,89 %