DIGITIZE AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−137,5 %

Current Ratio

1,12

Debt-to-Equity Ratio

11,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 000	687 000	975 000	1 443 000
Net Income	−143 000	−10 000	−282 000	307 000
Total Assets	1 597 000	639 000	933 000	1 096 000
Total Equity	104 000	211 000	230 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 000	687 000	975 000	1 443 000
Expenditure	785 000	663 000	1 282 000	1 026 000
Operating Profit	−159 000	24 000	−307 000	416 000
Financial Income	0	0	2 000	0
Financial Costs	25 000	37 000	55 000	20 000
Financial Balance	−25 000	−37 000	−53 000	−20 000
Earnings Before Tax	−184 000	−12 000	−360 000	396 000
Tax	−40 000	−3 000	−78 000	89 000
Net Income	−143 000	−10 000	−282 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 217 000	330 000	586 000	394 000
Total Current Assets	380 000	309 000	347 000	702 000
Total Assets	1 597 000	639 000	933 000	1 096 000
Total Retained Equity	10 000	117 000	136 000	417 000
Total Equity	104 000	211 000	230 000	512 000
Total Long-Term Debt	1 154 000	207 000	504 000	297 000
Total Current Debt	339 000	221 000	198 000	287 000
Total Equity and Debt	1 597 000	639 000	933 000	1 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	608 000	975 000	1 443 000
Other Income	25 000	79 000	0	0
Revenue	627 000	687 000	975 000	1 443 000
Cost of Goods Sold	148 000	186 000	388 000	210 000
Salary Costs	72 000	135 000	421 000	431 000
Depreciation	136 000	30 000	152 000	78 000
Impairment	0	0	0	0
Expenditure	785 000	663 000	1 282 000	1 026 000
Operating Profit	−159 000	24 000	−307 000	416 000
Financial Income	0	0	2 000	0
Financial Costs	25 000	37 000	55 000	20 000
Financial Balance	−25 000	−37 000	−53 000	−20 000
Dividends	0	0	0	0
Net Income	−143 000	−10 000	−282 000	307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 124 000	252 000	508 000	383 000
Total Tangible Assets	1 124 000	252 000	508 000	383 000
Total Fiancial Fixed Assets	58 000	78 000	78 000	10 000
Total Fixed Assets	1 217 000	330 000	586 000	394 000
Stock	225 000	186 000	186 000	149 000
Total Investments	0	0	0	0
Cash, Bank	67 000	60 000	77 000	163 000
Total Current Assets	380 000	309 000	347 000	702 000
Total Assets	1 597 000	639 000	933 000	1 096 000
Total Equity	104 000	211 000	230 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 154 000	207 000	504 000	297 000
Creditors	18 000	61 000	1 000	51 000
Unpaid Taxes	31 000	5 000	67 000	116 000
Dividends	0	0	0	0
Other Current Debt	254 000	111 000	82 000	42 000
Total Current Debt	339 000	221 000	198 000	287 000
Total Equity and Debt	1 597 000	639 000	933 000	1 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,5 %	−4,74 %	−122,61 %	59,96 %
Debt-to-Equity Ratio	11,1	0,98	2,19	0,58
Operating Profit Margin	−25,36 %	3,49 %	−31,49 %	28,83 %
Current Ratio	1,12	1,4	1,75	2,45
Quick Ratio	3,33	8,83	28,92	5,09
Equity Ratio	0,07	0,33	0,25	0,47
Gross Profit Margin	76,4 %	72,93 %	60,21 %	85,45 %