THE EASIEST SOCK IN THE WORLD AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

53,08 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 000	1 011 000	1 243 000	855 000
Net Income	155 000	530 000	861 000	589 000
Total Assets	863 000	1 321 000	1 384 000	738 000
Total Equity	292 000	637 000	607 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 000	1 011 000	1 243 000	855 000
Expenditure	255 000	333 000	192 000	101 000
Operating Profit	220 000	679 000	1 051 000	754 000
Financial Income	0	5 000	56 000	0
Financial Costs	21 000	4 000	3 000	3 000
Financial Balance	−21 000	1 000	53 000	−3 000
Earnings Before Tax	199 000	679 000	1 105 000	751 000
Tax	44 000	149 000	243 000	162 000
Net Income	155 000	530 000	861 000	589 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	863 000	1 321 000	1 384 000	738 000
Total Assets	863 000	1 321 000	1 384 000	738 000
Total Retained Equity	268 000	613 000	583 000	221 000
Total Equity	292 000	637 000	607 000	246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	571 000	683 000	777 000	492 000
Total Equity and Debt	863 000	1 321 000	1 384 000	738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	475 000	1 011 000	1 243 000	855 000
Other Income	0	0	0	0
Revenue	475 000	1 011 000	1 243 000	855 000
Cost of Goods Sold	32 000	67 000	33 000	15 000
Salary Costs	0	70 000	2 000	8 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	255 000	333 000	192 000	101 000
Operating Profit	220 000	679 000	1 051 000	754 000
Financial Income	0	5 000	56 000	0
Financial Costs	21 000	4 000	3 000	3 000
Financial Balance	−21 000	1 000	53 000	−3 000
Dividends	500 000	500 000	500 000	325 000
Net Income	155 000	530 000	861 000	589 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	862 000	454 000	503 000	362 000
Total Current Assets	863 000	1 321 000	1 384 000	738 000
Total Assets	863 000	1 321 000	1 384 000	738 000
Total Equity	292 000	637 000	607 000	246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	5 000
Unpaid Taxes	0	3 000	0	0
Dividends	500 000	500 000	500 000	325 000
Other Current Debt	27 000	31 000	33 000	0
Total Current Debt	571 000	683 000	777 000	492 000
Total Equity and Debt	863 000	1 321 000	1 384 000	738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,08 %	83,2 %	141,85 %	239,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,32 %	67,16 %	84,55 %	88,19 %
Current Ratio	1,51	1,93	1,78	1,5
Quick Ratio	1,51	1,93	1,78	1,5
Equity Ratio	0,34	0,48	0,44	0,33
Gross Profit Margin	93,26 %	93,37 %	97,35 %	98,25 %