IMAGE NORWAY AS

0472 OSLO

Finances

Share Ownership

Return on Equity

−64,94 %

Current Ratio

0,63

Debt-to-Equity Ratio

−1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 135 000	1 712 000	1 210 000	1 640 000
Net Income	50 000	−129 000	117 000	−96 000
Total Assets	426 000	546 000	348 000	255 000
Total Equity	−77 000	−128 000	1 000	−116 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 135 000	1 712 000	1 210 000	1 640 000
Expenditure	2 074 000	1 831 000	1 075 000	1 716 000
Operating Profit	60 000	−119 000	135 000	−75 000
Financial Income	0	0	0	0
Financial Costs	10 000	10 000	17 000	21 000
Financial Balance	−10 000	−10 000	−17 000	−21 000
Earnings Before Tax	50 000	−129 000	117 000	−96 000
Tax	0	0	0	0
Net Income	50 000	−129 000	117 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	189 000	269 000	164 000	150 000
Total Current Assets	237 000	277 000	184 000	105 000
Total Assets	426 000	546 000	348 000	255 000
Total Retained Equity	−127 000	−178 000	−49 000	−166 000
Total Equity	−77 000	−128 000	1 000	−116 000
Total Long-Term Debt	125 000	89 000	106 000	99 000
Total Current Debt	378 000	585 000	241 000	272 000
Total Equity and Debt	426 000	546 000	348 000	255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 135 000	1 712 000	1 170 000	1 640 000
Other Income	0	0	40 000	0
Revenue	2 135 000	1 712 000	1 210 000	1 640 000
Cost of Goods Sold	145 000	187 000	53 000	33 000
Salary Costs	1 131 000	969 000	383 000	1 033 000
Depreciation	79 000	61 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	2 074 000	1 831 000	1 075 000	1 716 000
Operating Profit	60 000	−119 000	135 000	−75 000
Financial Income	0	0	0	0
Financial Costs	10 000	10 000	17 000	21 000
Financial Balance	−10 000	−10 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	50 000	−129 000	117 000	−96 000

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	181 000	217 000	102 000	150 000
Total Tangible Assets	181 000	217 000	102 000	150 000
Total Fiancial Fixed Assets	8 000	53 000	63 000	0
Total Fixed Assets	189 000	269 000	164 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	173 000	24 000	66 000
Total Current Assets	237 000	277 000	184 000	105 000
Total Assets	426 000	546 000	348 000	255 000
Total Equity	−77 000	−128 000	1 000	−116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	89 000	106 000	99 000
Creditors	49 000	32 000	27 000	11 000
Unpaid Taxes	167 000	118 000	69 000	99 000
Dividends	0	0	0	0
Other Current Debt	162 000	434 000	145 000	161 000
Total Current Debt	378 000	585 000	241 000	272 000
Total Equity and Debt	426 000	546 000	348 000	255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,94 %	100,78 %	11 700 %	82,76 %
Debt-to-Equity Ratio	−1,62	−0,7	106	−0,85
Operating Profit Margin	2,81 %	−6,95 %	11,16 %	−4,57 %
Current Ratio	0,63	0,47	0,76	0,39
Quick Ratio	0,63	0,47	0,76	0,39
Equity Ratio	−0,18	−0,23	0	−0,45
Gross Profit Margin	93,21 %	89,08 %	95,62 %	97,99 %