WHY NOT AS

0484 OSLO

Finances

Return on Equity

39,55 %

Current Ratio

4,23

Debt-to-Equity Ratio

1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 396 000	26 463 000	28 293 000	34 659 000
Net Income	1 952 000	2 508 000	2 453 000	1 789 000
Total Assets	16 935 000	20 111 000	20 637 000	17 623 000
Total Equity	4 936 000	13 234 000	13 527 000	13 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 396 000	26 463 000	28 293 000	34 659 000
Expenditure	23 048 000	23 224 000	25 320 000	32 570 000
Operating Profit	2 348 000	3 239 000	2 973 000	2 089 000
Financial Income	509 000	307 000	818 000	558 000
Financial Costs	355 000	346 000	634 000	349 000
Financial Balance	154 000	−39 000	184 000	209 000
Earnings Before Tax	2 502 000	3 201 000	3 157 000	2 297 000
Tax	551 000	693 000	704 000	509 000
Net Income	1 952 000	2 508 000	2 453 000	1 789 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	48 000	70 000	79 000
Total Current Assets	16 904 000	20 063 000	20 567 000	17 544 000
Total Assets	16 935 000	20 111 000	20 637 000	17 623 000
Total Retained Equity	4 526 000	12 824 000	13 117 000	12 664 000
Total Equity	4 936 000	13 234 000	13 527 000	13 074 000
Total Long-Term Debt	8 000 000	317 000	717 000	728 000
Total Current Debt	3 999 000	6 560 000	6 393 000	3 821 000
Total Equity and Debt	16 935 000	20 111 000	20 637 000	17 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 124 000	26 133 000	28 108 000	34 659 000
Other Income	271 000	330 000	185 000	0
Revenue	25 396 000	26 463 000	28 293 000	34 659 000
Cost of Goods Sold	17 996 000	17 723 000	19 465 000	25 032 000
Salary Costs	2 255 000	2 220 000	2 405 000	3 640 000
Depreciation	17 000	22 000	68 000	84 000
Impairment	0	0	0	0
Expenditure	23 048 000	23 224 000	25 320 000	32 570 000
Operating Profit	2 348 000	3 239 000	2 973 000	2 089 000
Financial Income	509 000	307 000	818 000	558 000
Financial Costs	355 000	346 000	634 000	349 000
Financial Balance	154 000	−39 000	184 000	209 000
Dividends	0	0	2 000 000	1 400 000
Net Income	1 952 000	2 508 000	2 453 000	1 789 000

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	16 000	33 000	55 000	64 000
Total Tangible Assets	16 000	33 000	55 000	64 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	31 000	48 000	70 000	79 000
Stock	19 826 000	7 063 000	8 351 000	9 650 000
Total Investments	0	0	0	0
Cash, Bank	3 043 000	5 841 000	4 438 000	3 380 000
Total Current Assets	16 904 000	20 063 000	20 567 000	17 544 000
Total Assets	16 935 000	20 111 000	20 637 000	17 623 000
Total Equity	4 936 000	13 234 000	13 527 000	13 074 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000 000	317 000	717 000	728 000
Creditors	120 000	1 994 000	3 034 000	911 000
Unpaid Taxes	478 000	896 000	360 000	516 000
Dividends	0	0	2 000 000	1 400 000
Other Current Debt	2 850 000	2 977 000	295 000	486 000
Total Current Debt	3 999 000	6 560 000	6 393 000	3 821 000
Total Equity and Debt	16 935 000	20 111 000	20 637 000	17 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,55 %	18,95 %	18,13 %	13,68 %
Debt-to-Equity Ratio	1,62	0,02	0,05	0,06
Operating Profit Margin	9,25 %	12,24 %	10,51 %	6,03 %
Current Ratio	4,23	3,06	3,22	4,59
Quick Ratio	−1,07	−39,89	−10,5	−3,01
Equity Ratio	0,29	0,66	0,66	0,74
Gross Profit Margin	29,14 %	33,03 %	31,2 %	27,78 %