GOOD TIMES AS

4950 RISØR

Finances

Return on Equity

9,75 %

Current Ratio

3,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 495 000	5 577 000	5 207 000	4 092 000
Net Income	209 000	372 000	670 000	94 000
Total Assets	2 865 000	2 607 000	2 245 000	1 568 000
Total Equity	2 144 000	1 935 000	1 563 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 495 000	5 577 000	5 207 000	4 092 000
Expenditure	5 207 000	5 088 000	4 340 000	3 963 000
Operating Profit	288 000	488 000	866 000	129 000
Financial Income	0	0	0	0
Financial Costs	20 000	7 000	7 000	8 000
Financial Balance	−20 000	−7 000	−7 000	−8 000
Earnings Before Tax	268 000	481 000	859 000	121 000
Tax	59 000	109 000	189 000	27 000
Net Income	209 000	372 000	670 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	27 000	18 000	32 000
Total Current Assets	2 846 000	2 580 000	2 227 000	1 537 000
Total Assets	2 865 000	2 607 000	2 245 000	1 568 000
Total Retained Equity	2 114 000	1 905 000	1 533 000	863 000
Total Equity	2 144 000	1 935 000	1 563 000	893 000
Total Long-Term Debt	0	0	0	215 000
Total Current Debt	721 000	672 000	682 000	460 000
Total Equity and Debt	2 865 000	2 607 000	2 245 000	1 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 495 000	5 577 000	5 189 000	4 092 000
Other Income	0	0	17 000	0
Revenue	5 495 000	5 577 000	5 207 000	4 092 000
Cost of Goods Sold	3 311 000	3 030 000	2 851 000	2 503 000
Salary Costs	1 274 000	1 509 000	992 000	940 000
Depreciation	8 000	6 000	11 000	15 000
Impairment	0	0	0	0
Expenditure	5 207 000	5 088 000	4 340 000	3 963 000
Operating Profit	288 000	488 000	866 000	129 000
Financial Income	0	0	0	0
Financial Costs	20 000	7 000	7 000	8 000
Financial Balance	−20 000	−7 000	−7 000	−8 000
Dividends	0	0	0	0
Net Income	209 000	372 000	670 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	6 000
Real Eastate	16 000	18 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	7 000	13 000	24 000
Total Tangible Assets	18 000	25 000	13 000	24 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	19 000	27 000	18 000	32 000
Stock	1 216 000	1 216 000	918 000	846 000
Total Investments	84 000	0	0	0
Cash, Bank	1 516 000	1 336 000	1 267 000	684 000
Total Current Assets	2 846 000	2 580 000	2 227 000	1 537 000
Total Assets	2 865 000	2 607 000	2 245 000	1 568 000
Total Equity	2 144 000	1 935 000	1 563 000	893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	215 000
Creditors	237 000	169 000	113 000	101 000
Unpaid Taxes	296 000	268 000	300 000	223 000
Dividends	0	0	0	0
Other Current Debt	130 000	130 000	82 000	110 000
Total Current Debt	721 000	672 000	682 000	460 000
Total Equity and Debt	2 865 000	2 607 000	2 245 000	1 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	19,22 %	42,87 %	10,53 %
Debt-to-Equity Ratio	0	0	0	0,24
Operating Profit Margin	5,24 %	8,75 %	16,63 %	3,15 %
Current Ratio	3,95	3,84	3,27	3,34
Quick Ratio	−5,75	−4,74	−9,44	−3,98
Equity Ratio	0,75	0,74	0,7	0,57
Gross Profit Margin	39,75 %	45,67 %	45,25 %	38,83 %