SCANDINAVIAN EDITION AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

60,42 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 745 000	25 552 000	15 485 000	11 613 000
Net Income	6 042 000	4 496 000	2 440 000	631 000
Total Assets	24 496 000	16 301 000	9 719 000	2 996 000
Total Equity	10 000 000	9 011 000	4 515 000	2 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 745 000	25 552 000	15 485 000	11 613 000
Expenditure	26 694 000	19 737 000	12 641 000	10 925 000
Operating Profit	8 053 000	5 815 000	2 844 000	688 000
Financial Income	687 000	331 000	118 000	50 000
Financial Costs	982 000	380 000	304 000	108 000
Financial Balance	−295 000	−49 000	−186 000	−58 000
Earnings Before Tax	7 758 000	5 766 000	2 658 000	631 000
Tax	1 715 000	1 270 000	219 000	0
Net Income	6 042 000	4 496 000	2 440 000	631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 558 000	1 212 000	1 381 000	112 000
Total Current Assets	22 938 000	15 088 000	8 338 000	2 884 000
Total Assets	24 496 000	16 301 000	9 719 000	2 996 000
Total Retained Equity	9 900 000	8 911 000	4 415 000	1 975 000
Total Equity	10 000 000	9 011 000	4 515 000	2 075 000
Total Long-Term Debt	1 166 000	2 873 000	3 955 000	0
Total Current Debt	13 330 000	4 417 000	1 249 000	921 000
Total Equity and Debt	24 496 000	16 301 000	9 719 000	2 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 606 000	25 546 000	15 485 000	11 613 000
Other Income	139 000	6 000	0	0
Revenue	34 745 000	25 552 000	15 485 000	11 613 000
Cost of Goods Sold	15 992 000	11 792 000	7 663 000	6 117 000
Salary Costs	3 885 000	3 273 000	2 209 000	2 077 000
Depreciation	274 000	252 000	45 000	0
Impairment	0	0	0	0
Expenditure	26 694 000	19 737 000	12 641 000	10 925 000
Operating Profit	8 053 000	5 815 000	2 844 000	688 000
Financial Income	687 000	331 000	118 000	50 000
Financial Costs	982 000	380 000	304 000	108 000
Financial Balance	−295 000	−49 000	−186 000	−58 000
Dividends	5 054 000	0	0	0
Net Income	6 042 000	4 496 000	2 440 000	631 000

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	1 445 000	1 100 000	1 269 000	0
Total Tangible Assets	1 445 000	1 100 000	1 269 000	0
Total Fiancial Fixed Assets	112 000	112 000	112 000	112 000
Total Fixed Assets	1 558 000	1 212 000	1 381 000	112 000
Stock	2 138 000	737 000	343 000	135 000
Total Investments	0	0	0	0
Cash, Bank	15 135 000	12 101 000	6 693 000	1 591 000
Total Current Assets	22 938 000	15 088 000	8 338 000	2 884 000
Total Assets	24 496 000	16 301 000	9 719 000	2 996 000
Total Equity	10 000 000	9 011 000	4 515 000	2 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 166 000	2 873 000	3 955 000	0
Creditors	3 166 000	555 000	153 000	205 000
Unpaid Taxes	2 342 000	2 040 000	452 000	255 000
Dividends	5 054 000	0	0	0
Other Current Debt	924 000	342 000	445 000	461 000
Total Current Debt	13 330 000	4 417 000	1 249 000	921 000
Total Equity and Debt	24 496 000	16 301 000	9 719 000	2 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,42 %	49,89 %	54,04 %	30,41 %
Debt-to-Equity Ratio	0,12	0,32	0,88	0
Operating Profit Margin	23,18 %	22,76 %	18,37 %	5,92 %
Current Ratio	1,72	3,42	6,68	3,13
Quick Ratio	2,05	4,1	9,2	3,67
Equity Ratio	0,41	0,55	0,46	0,69
Gross Profit Margin	53,97 %	53,85 %	50,51 %	47,33 %