CHOICE1 AS

2409 ELVERUM

Finances

Share Ownership

Return on Equity

−163,97 %

Current Ratio

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 704 000	11 601 000	10 545 000	9 703 000
Net Income	−446 000	895 000	558 000	−1 204 000
Total Assets	2 514 000	2 276 000	1 536 000	1 701 000
Total Equity	272 000	718 000	−10 000	−569 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 704 000	11 601 000	10 545 000	9 703 000
Expenditure	13 120 000	10 603 000	9 919 000	10 709 000
Operating Profit	−416 000	999 000	627 000	−1 007 000
Financial Income	4 000	8 000	28 000	21 000
Financial Costs	34 000	42 000	96 000	119 000
Financial Balance	−30 000	−34 000	−68 000	−98 000
Earnings Before Tax	−446 000	964 000	558 000	−1 104 000
Tax	0	69 000	0	100 000
Net Income	−446 000	895 000	558 000	−1 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	440 000	294 000	247 000	392 000
Total Current Assets	2 074 000	1 983 000	1 289 000	1 309 000
Total Assets	2 514 000	2 276 000	1 536 000	1 701 000
Total Retained Equity	242 000	688 000	−40 000	−599 000
Total Equity	272 000	718 000	−10 000	−569 000
Total Long-Term Debt	158 000	128 000	214 000	277 000
Total Current Debt	2 084 000	1 431 000	1 332 000	1 992 000
Total Equity and Debt	2 514 000	2 276 000	1 536 000	1 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 699 000	11 601 000	10 544 000	9 659 000
Other Income	5 000	0	1 000	44 000
Revenue	12 704 000	11 601 000	10 545 000	9 703 000
Cost of Goods Sold	6 793 000	5 897 000	6 140 000	5 720 000
Salary Costs	2 671 000	1 602 000	1 142 000	1 947 000
Depreciation	143 000	105 000	145 000	204 000
Impairment	0	0	0	0
Expenditure	13 120 000	10 603 000	9 919 000	10 709 000
Operating Profit	−416 000	999 000	627 000	−1 007 000
Financial Income	4 000	8 000	28 000	21 000
Financial Costs	34 000	42 000	96 000	119 000
Financial Balance	−30 000	−34 000	−68 000	−98 000
Dividends	0	167 000	0	0
Net Income	−446 000	895 000	558 000	−1 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	36 000
Total Intangible Assets	0	0	0	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	294 000	247 000	356 000
Total Tangible Assets	440 000	294 000	247 000	356 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	440 000	294 000	247 000	392 000
Stock	1 146 000	1 177 000	848 000	1 015 000
Total Investments	0	0	0	0
Cash, Bank	117 000	317 000	53 000	86 000
Total Current Assets	2 074 000	1 983 000	1 289 000	1 309 000
Total Assets	2 514 000	2 276 000	1 536 000	1 701 000
Total Equity	272 000	718 000	−10 000	−569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	158 000	128 000	214 000	277 000
Creditors	1 007 000	609 000	613 000	1 098 000
Unpaid Taxes	787 000	577 000	709 000	631 000
Dividends	0	167 000	0	0
Other Current Debt	290 000	176 000	11 000	263 000
Total Current Debt	2 084 000	1 431 000	1 332 000	1 992 000
Total Equity and Debt	2 514 000	2 276 000	1 536 000	1 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,97 %	124,65 %	−5 580 %	211,6 %
Debt-to-Equity Ratio	0,58	0,18	−21,4	−0,49
Operating Profit Margin	−3,27 %	8,61 %	5,95 %	−10,38 %
Current Ratio	1	1,39	0,97	0,66
Quick Ratio	2,21	7,81	2,66	1,34
Equity Ratio	0,11	0,32	−0,01	−0,33
Gross Profit Margin	46,53 %	49,17 %	41,77 %	41,05 %