MADE FOR CHANGE AS

0369 OSLO

Finances

Share Ownership

Return on Equity

21,72 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 746 000	4 263 000	4 148 000	5 599 000
Net Income	250 000	−15 000	−163 000	82 000
Total Assets	2 122 000	1 612 000	1 492 000	1 858 000
Total Equity	1 151 000	901 000	915 000	1 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 746 000	4 263 000	4 148 000	5 599 000
Expenditure	6 442 000	4 279 000	4 353 000	5 507 000
Operating Profit	304 000	−15 000	−204 000	92 000
Financial Income	21 000	1 000	5 000	14 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	1 000	5 000	13 000
Earnings Before Tax	325 000	−15 000	−200 000	105 000
Tax	74 000	0	−37 000	24 000
Net Income	250 000	−15 000	−163 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	113 000	139 000	217 000
Total Current Assets	2 009 000	1 499 000	1 353 000	1 641 000
Total Assets	2 122 000	1 612 000	1 492 000	1 858 000
Total Retained Equity	561 000	311 000	325 000	489 000
Total Equity	1 151 000	901 000	915 000	1 079 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	972 000	711 000	577 000	779 000
Total Equity and Debt	2 122 000	1 612 000	1 492 000	1 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 512 000	3 978 000	3 930 000	5 482 000
Other Income	234 000	285 000	218 000	117 000
Revenue	6 746 000	4 263 000	4 148 000	5 599 000
Cost of Goods Sold	2 346 000	1 383 000	1 443 000	1 755 000
Salary Costs	3 118 000	2 153 000	2 113 000	2 850 000
Depreciation	62 000	52 000	78 000	77 000
Impairment	0	0	0	0
Expenditure	6 442 000	4 279 000	4 353 000	5 507 000
Operating Profit	304 000	−15 000	−204 000	92 000
Financial Income	21 000	1 000	5 000	14 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	1 000	5 000	13 000
Dividends	0	0	0	0
Net Income	250 000	−15 000	−163 000	82 000

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	58 000	46 000	77 000	136 000
Fixtures	55 000	67 000	62 000	81 000
Total Tangible Assets	113 000	113 000	139 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	113 000	113 000	139 000	217 000
Stock	233 000	183 000	223 000	132 000
Total Investments	0	0	0	0
Cash, Bank	1 704 000	1 190 000	1 062 000	1 477 000
Total Current Assets	2 009 000	1 499 000	1 353 000	1 641 000
Total Assets	2 122 000	1 612 000	1 492 000	1 858 000
Total Equity	1 151 000	901 000	915 000	1 079 000
Short-Term Group Debt	0	0	0	16 000
Total Long-Term Debt	0	0	0	0
Creditors	152 000	81 000	129 000	77 000
Unpaid Taxes	253 000	252 000	159 000	250 000
Dividends	0	0	0	0
Other Current Debt	492 000	379 000	289 000	408 000
Total Current Debt	972 000	711 000	577 000	779 000
Total Equity and Debt	2 122 000	1 612 000	1 492 000	1 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,72 %	−1,66 %	−17,81 %	7,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,51 %	−0,35 %	−4,92 %	1,64 %
Current Ratio	2,07	2,11	2,34	2,11
Quick Ratio	2,72	2,84	3,82	2,54
Equity Ratio	0,54	0,56	0,61	0,58
Gross Profit Margin	65,22 %	67,56 %	65,21 %	68,66 %