FINANCE INNOVATION

5008 BERGEN

Finances

Share Ownership

Return on Equity

−51,07 %

Current Ratio

3,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 583 000	11 167 000	11 496 000	10 991 000
Net Income	−1 930 000	1 508 000	1 525 000	2 666 000
Total Assets	5 397 000	6 612 000	5 792 000	3 681 000
Total Equity	3 779 000	5 708 000	4 200 000	2 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 583 000	11 167 000	11 496 000	10 991 000
Expenditure	14 481 000	9 663 000	9 976 000	8 332 000
Operating Profit	−1 898 000	1 504 000	1 521 000	2 659 000
Financial Income	4 000	4 000	4 000	5 000
Financial Costs	35 000	0	0	−2 000
Financial Balance	−31 000	4 000	4 000	7 000
Earnings Before Tax	−1 930 000	1 508 000	1 525 000	2 666 000
Tax	0	0	0	0
Net Income	−1 930 000	1 508 000	1 525 000	2 666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	270 000	171 000	121 000
Total Current Assets	5 194 000	6 341 000	5 621 000	3 560 000
Total Assets	5 397 000	6 612 000	5 792 000	3 681 000
Total Retained Equity	3 779 000	5 708 000	4 200 000	2 675 000
Total Equity	3 779 000	5 708 000	4 200 000	2 675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 618 000	903 000	1 592 000	1 006 000
Total Equity and Debt	5 397 000	6 612 000	5 792 000	3 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 245 000	3 480 000	3 650 000	4 555 000
Other Income	8 338 000	7 687 000	7 846 000	6 436 000
Revenue	12 583 000	11 167 000	11 496 000	10 991 000
Cost of Goods Sold	6 315 000	3 238 000	3 617 000	2 615 000
Salary Costs	4 895 000	4 737 000	4 416 000	4 213 000
Depreciation	149 000	129 000	79 000	32 000
Impairment	0	0	0	0
Expenditure	14 481 000	9 663 000	9 976 000	8 332 000
Operating Profit	−1 898 000	1 504 000	1 521 000	2 659 000
Financial Income	4 000	4 000	4 000	5 000
Financial Costs	35 000	0	0	−2 000
Financial Balance	−31 000	4 000	4 000	7 000
Dividends	0	0	0	0
Net Income	−1 930 000	1 508 000	1 525 000	2 666 000

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	203 000	270 000	171 000	121 000
Total Tangible Assets	203 000	270 000	171 000	121 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	270 000	171 000	121 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 265 000	4 686 000	3 045 000	1 890 000
Total Current Assets	5 194 000	6 341 000	5 621 000	3 560 000
Total Assets	5 397 000	6 612 000	5 792 000	3 681 000
Total Equity	3 779 000	5 708 000	4 200 000	2 675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	697 000	27 000	572 000	355 000
Unpaid Taxes	202 000	321 000	295 000	304 000
Dividends	0	0	0	0
Other Current Debt	718 000	554 000	725 000	347 000
Total Current Debt	1 618 000	903 000	1 592 000	1 006 000
Total Equity and Debt	5 397 000	6 612 000	5 792 000	3 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,07 %	26,42 %	36,31 %	99,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,08 %	13,47 %	13,23 %	24,19 %
Current Ratio	3,21	7,02	3,53	3,54
Quick Ratio	3,21	7,02	3,53	3,54
Equity Ratio	0,7	0,86	0,73	0,73
Gross Profit Margin	49,81 %	71 %	68,54 %	76,21 %