THEODYNE AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

84,18 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 738 000	2 419 000	1 570 000	331 000
Net Income	479 000	224 000	77 000	−302 000
Total Assets	1 261 000	741 000	964 000	659 000
Total Equity	569 000	255 000	141 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 738 000	2 419 000	1 570 000	331 000
Expenditure	2 122 000	2 182 000	1 482 000	621 000
Operating Profit	615 000	236 000	89 000	−289 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	12 000	12 000	12 000
Financial Balance	2 000	−10 000	−12 000	−12 000
Earnings Before Tax	617 000	226 000	77 000	−301 000
Tax	139 000	2 000	0	0
Net Income	479 000	224 000	77 000	−302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	353 000	463 000
Total Current Assets	1 257 000	737 000	612 000	196 000
Total Assets	1 261 000	741 000	964 000	659 000
Total Retained Equity	539 000	225 000	111 000	34 000
Total Equity	569 000	255 000	141 000	64 000
Total Long-Term Debt	3 000	0	432 000	489 000
Total Current Debt	690 000	486 000	391 000	106 000
Total Equity and Debt	1 261 000	741 000	964 000	659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 735 000	2 290 000	1 570 000	331 000
Other Income	3 000	128 000	1 000	0
Revenue	2 738 000	2 419 000	1 570 000	331 000
Cost of Goods Sold	46 000	0	70 000	1 000
Salary Costs	1 623 000	1 712 000	1 094 000	452 000
Depreciation	0	101 000	111 000	92 000
Impairment	0	0	0	0
Expenditure	2 122 000	2 182 000	1 482 000	621 000
Operating Profit	615 000	236 000	89 000	−289 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	12 000	12 000	12 000
Financial Balance	2 000	−10 000	−12 000	−12 000
Dividends	165 000	110 000	0	0
Net Income	479 000	224 000	77 000	−302 000

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	353 000	463 000
Total Tangible Assets	0	0	353 000	463 000
Total Fiancial Fixed Assets	5 000	5 000	0	0
Total Fixed Assets	5 000	5 000	353 000	463 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 253 000	720 000	457 000	142 000
Total Current Assets	1 257 000	737 000	612 000	196 000
Total Assets	1 261 000	741 000	964 000	659 000
Total Equity	569 000	255 000	141 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	432 000	489 000
Creditors	23 000	18 000	19 000	−3 000
Unpaid Taxes	222 000	182 000	258 000	62 000
Dividends	165 000	110 000	0	0
Other Current Debt	143 000	175 000	115 000	47 000
Total Current Debt	690 000	486 000	391 000	106 000
Total Equity and Debt	1 261 000	741 000	964 000	659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,18 %	87,84 %	54,61 %	−471,88 %
Debt-to-Equity Ratio	0,01	0	3,06	7,64
Operating Profit Margin	22,46 %	9,76 %	5,67 %	−87,31 %
Current Ratio	1,82	1,52	1,57	1,85
Quick Ratio	1,82	1,52	1,57	1,85
Equity Ratio	0,45	0,34	0,15	0,1
Gross Profit Margin	98,32 %	100 %	95,54 %	99,7 %