ZORRO AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−110,93 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 344 000	3 053 000	1 696 000	2 115 000
Net Income	944 000	62 000	−723 000	−282 000
Total Assets	391 000	46 000	277 000	561 000
Total Equity	−851 000	−1 796 000	−1 857 000	−1 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 344 000	3 053 000	1 696 000	2 115 000
Expenditure	1 384 000	2 976 000	2 416 000	2 152 000
Operating Profit	959 000	77 000	−719 000	−37 000
Financial Income	0	0	2 000	0
Financial Costs	14 000	15 000	5 000	0
Financial Balance	−14 000	−15 000	−3 000	0
Earnings Before Tax	944 000	62 000	−723 000	−36 000
Tax	0	0	0	245 000
Net Income	944 000	62 000	−723 000	−282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	−109 000	82 000	129 000
Total Current Assets	307 000	155 000	195 000	432 000
Total Assets	391 000	46 000	277 000	561 000
Total Retained Equity	−881 000	−1 826 000	−1 887 000	−1 169 000
Total Equity	−851 000	−1 796 000	−1 857 000	−1 139 000
Total Long-Term Debt	50 000	75 000	75 000	0
Total Current Debt	1 193 000	1 767 000	2 059 000	1 699 000
Total Equity and Debt	391 000	46 000	277 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 785 000	2 655 000	1 645 000	2 091 000
Other Income	559 000	397 000	51 000	24 000
Revenue	2 344 000	3 053 000	1 696 000	2 115 000
Cost of Goods Sold	601 000	1 180 000	898 000	669 000
Salary Costs	1 100 000	901 000	857 000	758 000
Depreciation	−129 000	140 000	142 000	129 000
Impairment	0	0	0	0
Expenditure	1 384 000	2 976 000	2 416 000	2 152 000
Operating Profit	959 000	77 000	−719 000	−37 000
Financial Income	0	0	2 000	0
Financial Costs	14 000	15 000	5 000	0
Financial Balance	−14 000	−15 000	−3 000	0
Dividends	0	0	0	0
Net Income	944 000	62 000	−723 000	−282 000

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	85 000	−109 000	82 000	129 000
Total Tangible Assets	85 000	−109 000	82 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	85 000	−109 000	82 000	129 000
Stock	39 000	39 000	39 000	39 000
Total Investments	0	0	0	0
Cash, Bank	72 000	50 000	127 000	356 000
Total Current Assets	307 000	155 000	195 000	432 000
Total Assets	391 000	46 000	277 000	561 000
Total Equity	−851 000	−1 796 000	−1 857 000	−1 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	75 000	75 000	0
Creditors	167 000	679 000	740 000	516 000
Unpaid Taxes	156 000	89 000	109 000	86 000
Dividends	0	0	0	0
Other Current Debt	869 000	1 000 000	1 210 000	1 094 000
Total Current Debt	1 193 000	1 767 000	2 059 000	1 699 000
Total Equity and Debt	391 000	46 000	277 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,93 %	−3,45 %	38,93 %	24,76 %
Debt-to-Equity Ratio	−0,06	−0,04	−0,04	−0
Operating Profit Margin	40,91 %	2,52 %	−42,39 %	−1,75 %
Current Ratio	0,26	0,09	0,09	0,25
Quick Ratio	0,27	0,09	0,1	0,26
Equity Ratio	−2,18	−39,04	−6,7	−2,03
Gross Profit Margin	74,36 %	61,35 %	47,05 %	68,37 %