APPFARM AS

0164 OSLO

Finances

Return on Equity

3,58 %

Current Ratio

2,84

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 460 000	22 344 000	11 213 000	4 229 000
Net Income	480 000	6 655 000	2 993 000	890 000
Total Assets	21 584 000	18 232 000	6 243 000	1 915 000
Total Equity	13 408 000	11 694 000	4 544 000	992 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 460 000	22 344 000	11 213 000	4 229 000
Expenditure	29 087 000	14 063 000	7 564 000	3 261 000
Operating Profit	372 000	8 280 000	3 650 000	969 000
Financial Income	114 000	35 000	11 000	0
Financial Costs	7 000	3 000	0	0
Financial Balance	107 000	32 000	11 000	0
Earnings Before Tax	479 000	8 313 000	3 661 000	969 000
Tax	−1 000	1 657 000	669 000	80 000
Net Income	480 000	6 655 000	2 993 000	890 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	541 000	42 000	51 000
Total Current Assets	21 054 000	17 691 000	6 201 000	1 865 000
Total Assets	21 584 000	18 232 000	6 243 000	1 915 000
Total Retained Equity	11 020 000	10 539 000	3 884 000	892 000
Total Equity	13 408 000	11 694 000	4 544 000	992 000
Total Long-Term Debt	750 000	1 751 000	0	0
Total Current Debt	7 426 000	4 786 000	1 699 000	924 000
Total Equity and Debt	21 584 000	18 232 000	6 243 000	1 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 460 000	20 804 000	9 871 000	4 229 000
Other Income	0	1 540 000	1 343 000	0
Revenue	29 460 000	22 344 000	11 213 000	4 229 000
Cost of Goods Sold	518 000	75 000	0	0
Salary Costs	22 127 000	11 386 000	6 085 000	2 524 000
Depreciation	11 000	3 000	11 000	15 000
Impairment	0	0	0	0
Expenditure	29 087 000	14 063 000	7 564 000	3 261 000
Operating Profit	372 000	8 280 000	3 650 000	969 000
Financial Income	114 000	35 000	11 000	0
Financial Costs	7 000	3 000	0	0
Financial Balance	107 000	32 000	11 000	0
Dividends	0	0	0	0
Net Income	480 000	6 655 000	2 993 000	890 000

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	19 000	30 000	0	11 000
Total Tangible Assets	19 000	30 000	0	11 000
Total Fiancial Fixed Assets	511 000	511 000	42 000	40 000
Total Fixed Assets	530 000	541 000	42 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 715 000	15 315 000	5 237 000	1 142 000
Total Current Assets	21 054 000	17 691 000	6 201 000	1 865 000
Total Assets	21 584 000	18 232 000	6 243 000	1 915 000
Total Equity	13 408 000	11 694 000	4 544 000	992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	750 000	1 751 000	0	0
Creditors	817 000	411 000	65 000	128 000
Unpaid Taxes	2 740 000	1 980 000	923 000	263 000
Dividends	0	0	0	0
Other Current Debt	3 869 000	1 532 000	656 000	453 000
Total Current Debt	7 426 000	4 786 000	1 699 000	924 000
Total Equity and Debt	21 584 000	18 232 000	6 243 000	1 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,58 %	56,91 %	65,87 %	89,72 %
Debt-to-Equity Ratio	0,06	0,15	0	0
Operating Profit Margin	1,26 %	37,06 %	32,55 %	22,91 %
Current Ratio	2,84	3,7	3,65	2,02
Quick Ratio	2,84	3,7	3,65	2,02
Equity Ratio	0,62	0,64	0,73	0,52
Gross Profit Margin	98,24 %	99,66 %	100 %	100 %