FUNCTION SOLUTIONS AS

3172 VEAR

Finances

Share Ownership

Return on Equity

−141 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 056 000	12 335 000	16 057 000	19 295 000
Net Income	−1 417 000	243 000	1 034 000	3 688 000
Total Assets	4 215 000	4 697 000	4 567 000	7 388 000
Total Equity	1 005 000	2 422 000	2 178 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 056 000	12 335 000	16 057 000	19 295 000
Expenditure	11 404 000	11 913 000	15 097 000	14 507 000
Operating Profit	−1 348 000	423 000	960 000	4 787 000
Financial Income	3 000	88 000	620 000	161 000
Financial Costs	72 000	203 000	261 000	216 000
Financial Balance	−69 000	−115 000	359 000	−55 000
Earnings Before Tax	−1 417 000	307 000	1 319 000	4 732 000
Tax	0	64 000	285 000	1 044 000
Net Income	−1 417 000	243 000	1 034 000	3 688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	318 000	411 000	359 000
Total Current Assets	4 007 000	4 379 000	4 156 000	7 029 000
Total Assets	4 215 000	4 697 000	4 567 000	7 388 000
Total Retained Equity	905 000	2 322 000	2 078 000	1 044 000
Total Equity	1 005 000	2 422 000	2 178 000	1 144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 210 000	2 276 000	2 389 000	6 244 000
Total Equity and Debt	4 215 000	4 697 000	4 567 000	7 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 056 000	12 335 000	16 057 000	19 295 000
Other Income	0	0	0	0
Revenue	10 056 000	12 335 000	16 057 000	19 295 000
Cost of Goods Sold	3 884 000	4 795 000	7 271 000	8 123 000
Salary Costs	5 431 000	5 342 000	5 287 000	3 877 000
Depreciation	111 000	111 000	96 000	18 000
Impairment	0	0	0	0
Expenditure	11 404 000	11 913 000	15 097 000	14 507 000
Operating Profit	−1 348 000	423 000	960 000	4 787 000
Financial Income	3 000	88 000	620 000	161 000
Financial Costs	72 000	203 000	261 000	216 000
Financial Balance	−69 000	−115 000	359 000	−55 000
Dividends	0	0	0	3 000 000
Net Income	−1 417 000	243 000	1 034 000	3 688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	207 000	318 000	411 000	152 000
Total Tangible Assets	207 000	318 000	411 000	359 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	207 000	318 000	411 000	359 000
Stock	749 000	981 000	864 000	388 000
Total Investments	0	0	0	0
Cash, Bank	1 115 000	879 000	2 781 000	4 547 000
Total Current Assets	4 007 000	4 379 000	4 156 000	7 029 000
Total Assets	4 215 000	4 697 000	4 567 000	7 388 000
Total Equity	1 005 000	2 422 000	2 178 000	1 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	443 000	159 000	93 000	1 264 000
Unpaid Taxes	672 000	978 000	457 000	314 000
Dividends	0	0	0	3 000 000
Other Current Debt	1 083 000	693 000	659 000	3 621 000
Total Current Debt	3 210 000	2 276 000	2 389 000	6 244 000
Total Equity and Debt	4 215 000	4 697 000	4 567 000	7 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−141 %	10,03 %	47,47 %	322,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,4 %	3,43 %	5,98 %	24,81 %
Current Ratio	1,25	1,92	1,74	1,13
Quick Ratio	1,63	3,38	2,73	1,2
Equity Ratio	0,24	0,52	0,48	0,15
Gross Profit Margin	61,38 %	61,13 %	54,72 %	57,9 %