THE NOTE AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

52,17 %

Current Ratio

0,88

Debt-to-Equity Ratio

−1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 610 000	3 712 000	2 978 000	4 066 000
Net Income	−36 000	139 000	525 000	−166 000
Total Assets	1 309 000	663 000	822 000	232 000
Total Equity	−69 000	−33 000	−172 000	−697 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 610 000	3 712 000	2 978 000	4 066 000
Expenditure	5 607 000	3 564 000	2 445 000	4 232 000
Operating Profit	3 000	148 000	533 000	−166 000
Financial Income	0	0	0	0
Financial Costs	37 000	4 000	8 000	0
Financial Balance	−37 000	−4 000	−8 000	0
Earnings Before Tax	−33 000	145 000	525 000	−166 000
Tax	3 000	5 000	0	0
Net Income	−36 000	139 000	525 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	176 000	214 000	258 000	24 000
Total Current Assets	1 134 000	449 000	564 000	209 000
Total Assets	1 309 000	663 000	822 000	232 000
Total Retained Equity	−99 000	−63 000	−202 000	−727 000
Total Equity	−69 000	−33 000	−172 000	−697 000
Total Long-Term Debt	88 000	83 000	40 000	0
Total Current Debt	1 291 000	614 000	954 000	929 000
Total Equity and Debt	1 309 000	663 000	822 000	232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 514 000	3 668 000	2 549 000	4 066 000
Other Income	96 000	44 000	429 000	0
Revenue	5 610 000	3 712 000	2 978 000	4 066 000
Cost of Goods Sold	1 748 000	1 138 000	818 000	1 709 000
Salary Costs	1 568 000	1 106 000	837 000	1 029 000
Depreciation	41 000	44 000	26 000	9 000
Impairment	0	0	0	0
Expenditure	5 607 000	3 564 000	2 445 000	4 232 000
Operating Profit	3 000	148 000	533 000	−166 000
Financial Income	0	0	0	0
Financial Costs	37 000	4 000	8 000	0
Financial Balance	−37 000	−4 000	−8 000	0
Dividends	0	0	0	0
Net Income	−36 000	139 000	525 000	−166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	196 000	240 000	24 000
Total Tangible Assets	156 000	196 000	240 000	24 000
Total Fiancial Fixed Assets	18 000	18 000	18 000	0
Total Fixed Assets	176 000	214 000	258 000	24 000
Stock	223 000	231 000	157 000	58 000
Total Investments	0	0	0	0
Cash, Bank	275 000	113 000	130 000	97 000
Total Current Assets	1 134 000	449 000	564 000	209 000
Total Assets	1 309 000	663 000	822 000	232 000
Total Equity	−69 000	−33 000	−172 000	−697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	88 000	83 000	40 000	0
Creditors	704 000	379 000	430 000	586 000
Unpaid Taxes	222 000	160 000	237 000	130 000
Dividends	0	0	0	0
Other Current Debt	359 000	70 000	287 000	213 000
Total Current Debt	1 291 000	614 000	954 000	929 000
Total Equity and Debt	1 309 000	663 000	822 000	232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,17 %	−421,21 %	−305,23 %	23,82 %
Debt-to-Equity Ratio	−1,28	−2,52	−0,23	−0
Operating Profit Margin	0,05 %	3,99 %	17,9 %	−4,08 %
Current Ratio	0,88	0,73	0,59	0,22
Quick Ratio	1,06	1,17	0,71	0,24
Equity Ratio	−0,05	−0,05	−0,21	−3
Gross Profit Margin	68,84 %	69,34 %	72,53 %	57,97 %