IMPROVED SOLUTIONS AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

−155,26 %

Current Ratio

0,46

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	512 000	1 323 000	1 902 000	1 885 000
Net Income	−295 000	−481 000	−120 000	243 000
Total Assets	913 000	1 299 000	1 630 000	1 007 000
Total Equity	190 000	486 000	488 000	608 000

Income (NOK)	2022	2021	2020	2019
Revenue	512 000	1 323 000	1 902 000	1 885 000
Expenditure	786 000	1 791 000	2 010 000	1 621 000
Operating Profit	−274 000	−468 000	−108 000	264 000
Financial Income	0	0	0	0
Financial Costs	22 000	13 000	12 000	10 000
Financial Balance	−22 000	−13 000	−12 000	−10 000
Earnings Before Tax	−295 000	−481 000	−120 000	255 000
Tax	0	0	0	11 000
Net Income	−295 000	−481 000	−120 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	796 000	1 115 000	1 313 000	543 000
Total Current Assets	117 000	184 000	316 000	464 000
Total Assets	913 000	1 299 000	1 630 000	1 007 000
Total Retained Equity	−739 000	−443 000	38 000	158 000
Total Equity	190 000	486 000	488 000	608 000
Total Long-Term Debt	470 000	530 000	890 000	188 000
Total Current Debt	253 000	283 000	252 000	212 000
Total Equity and Debt	913 000	1 299 000	1 630 000	1 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	498 000	1 298 000	1 879 000	1 885 000
Other Income	15 000	24 000	23 000	0
Revenue	512 000	1 323 000	1 902 000	1 885 000
Cost of Goods Sold	18 000	415 000	257 000	158 000
Salary Costs	227 000	548 000	993 000	970 000
Depreciation	188 000	216 000	164 000	58 000
Impairment	131 000	0	51 000	0
Expenditure	786 000	1 791 000	2 010 000	1 621 000
Operating Profit	−274 000	−468 000	−108 000	264 000
Financial Income	0	0	0	0
Financial Costs	22 000	13 000	12 000	10 000
Financial Balance	−22 000	−13 000	−12 000	−10 000
Dividends	0	0	0	0
Net Income	−295 000	−481 000	−120 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	84 000	123 000	123 000	40 000
Machinery and Plant Facilities	148 000	159 000	163 000	92 000
Fixtures	564 000	833 000	1 027 000	412 000
Total Tangible Assets	796 000	1 115 000	1 313 000	543 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	796 000	1 115 000	1 313 000	543 000
Stock	0	15 000	41 000	50 000
Total Investments	0	0	0	0
Cash, Bank	81 000	238 000	171 000	235 000
Total Current Assets	117 000	184 000	316 000	464 000
Total Assets	913 000	1 299 000	1 630 000	1 007 000
Total Equity	190 000	486 000	488 000	608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	470 000	530 000	890 000	188 000
Creditors	42 000	56 000	23 000	5 000
Unpaid Taxes	70 000	133 000	126 000	144 000
Dividends	0	0	0	0
Other Current Debt	144 000	95 000	101 000	58 000
Total Current Debt	253 000	283 000	252 000	212 000
Total Equity and Debt	913 000	1 299 000	1 630 000	1 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−155,26 %	−98,97 %	−24,59 %	39,97 %
Debt-to-Equity Ratio	2,47	1,09	1,82	0,31
Operating Profit Margin	−53,52 %	−35,37 %	−5,68 %	14,01 %
Current Ratio	0,46	0,65	1,25	2,19
Quick Ratio	0,46	0,69	1,5	2,86
Equity Ratio	0,21	0,37	0,3	0,6
Gross Profit Margin	96,48 %	68,63 %	86,49 %	91,62 %