CODE11 STUDIO AS

0153 OSLO

Finances

Return on Equity

28,56 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 399 000	32 447 000	24 636 000	24 567 000
Net Income	654 000	508 000	938 000	3 487 000
Total Assets	7 221 000	10 385 000	9 829 000	7 548 000
Total Equity	2 290 000	1 636 000	3 505 000	2 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 399 000	32 447 000	24 636 000	24 567 000
Expenditure	16 541 000	31 770 000	23 212 000	20 038 000
Operating Profit	858 000	677 000	1 423 000	4 529 000
Financial Income	148 000	202 000	37 000	33 000
Financial Costs	141 000	198 000	180 000	46 000
Financial Balance	7 000	4 000	−143 000	−13 000
Earnings Before Tax	865 000	681 000	1 280 000	4 516 000
Tax	211 000	173 000	342 000	1 029 000
Net Income	654 000	508 000	938 000	3 487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 714 000	2 680 000	440 000	108 000
Total Current Assets	5 507 000	7 705 000	9 389 000	7 440 000
Total Assets	7 221 000	10 385 000	9 829 000	7 548 000
Total Retained Equity	1 403 000	1 616 000	3 485 000	2 547 000
Total Equity	2 290 000	1 636 000	3 505 000	2 567 000
Total Long-Term Debt	425 000	2 548 000	2 000	2 000
Total Current Debt	4 506 000	6 202 000	6 322 000	4 979 000
Total Equity and Debt	7 221 000	10 385 000	9 829 000	7 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 389 000	31 847 000	24 636 000	24 567 000
Other Income	10 000	600 000	0	0
Revenue	17 399 000	32 447 000	24 636 000	24 567 000
Cost of Goods Sold	10 403 000	24 635 000	15 491 000	14 764 000
Salary Costs	3 486 000	4 543 000	4 460 000	2 774 000
Depreciation	44 000	68 000	60 000	25 000
Impairment	0	7 000	0	0
Expenditure	16 541 000	31 770 000	23 212 000	20 038 000
Operating Profit	858 000	677 000	1 423 000	4 529 000
Financial Income	148 000	202 000	37 000	33 000
Financial Costs	141 000	198 000	180 000	46 000
Financial Balance	7 000	4 000	−143 000	−13 000
Dividends	0	0	0	1 500 000
Net Income	654 000	508 000	938 000	3 487 000

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	29 000	83 000	140 000	108 000
Total Tangible Assets	29 000	83 000	140 000	108 000
Total Fiancial Fixed Assets	1 685 000	2 598 000	300 000	0
Total Fixed Assets	1 714 000	2 680 000	440 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 266 000	2 793 000	293 000	345 000
Total Current Assets	5 507 000	7 705 000	9 389 000	7 440 000
Total Assets	7 221 000	10 385 000	9 829 000	7 548 000
Total Equity	2 290 000	1 636 000	3 505 000	2 567 000
Short-Term Group Debt	866 000	0	0	0
Total Long-Term Debt	425 000	2 548 000	2 000	2 000
Creditors	1 357 000	4 244 000	4 044 000	−399 000
Unpaid Taxes	1 004 000	1 002 000	216 000	1 324 000
Dividends	0	0	0	1 500 000
Other Current Debt	1 212 000	956 000	1 467 000	3 030 000
Total Current Debt	4 506 000	6 202 000	6 322 000	4 979 000
Total Equity and Debt	7 221 000	10 385 000	9 829 000	7 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,56 %	31,05 %	26,76 %	135,84 %
Debt-to-Equity Ratio	0,19	1,56	0	0
Operating Profit Margin	4,93 %	2,09 %	5,78 %	18,44 %
Current Ratio	1,22	1,24	1,49	1,49
Quick Ratio	1,22	1,24	1,49	1,49
Equity Ratio	0,32	0,16	0,36	0,34
Gross Profit Margin	40,21 %	24,08 %	37,12 %	39,9 %