DEVTEAM AS

1388 BORGEN

Finances

Return on Equity

−184,78 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	135 000	252 000	186 000
Net Income	85 000	−229 000	−21 000	6 000
Total Assets	255 000	111 000	203 000	252 000
Total Equity	−46 000	−131 000	98 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	135 000	252 000	186 000
Expenditure	88 000	357 000	398 000	179 000
Operating Profit	123 000	−222 000	−146 000	7 000
Financial Income	0	0	142 000	0
Financial Costs	0	7 000	17 000	0
Financial Balance	0	−7 000	125 000	0
Earnings Before Tax	123 000	−229 000	−21 000	7 000
Tax	39 000	0	0	2 000
Net Income	85 000	−229 000	−21 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	10 000	10 000	65 000
Total Current Assets	242 000	101 000	193 000	187 000
Total Assets	255 000	111 000	203 000	252 000
Total Retained Equity	−146 000	−231 000	−2 000	19 000
Total Equity	−46 000	−131 000	98 000	119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	302 000	242 000	105 000	133 000
Total Equity and Debt	255 000	111 000	203 000	252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	197 000	130 000	238 000	186 000
Other Income	14 000	5 000	14 000	0
Revenue	212 000	135 000	252 000	186 000
Cost of Goods Sold	0	13 000	23 000	7 000
Salary Costs	2 000	136 000	230 000	163 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	357 000	398 000	179 000
Operating Profit	123 000	−222 000	−146 000	7 000
Financial Income	0	0	142 000	0
Financial Costs	0	7 000	17 000	0
Financial Balance	0	−7 000	125 000	0
Dividends	0	0	0	0
Net Income	85 000	−229 000	−21 000	6 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 000	10 000	10 000	65 000
Total Fixed Assets	13 000	10 000	10 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	49 000	184 000	45 000
Total Current Assets	242 000	101 000	193 000	187 000
Total Assets	255 000	111 000	203 000	252 000
Total Equity	−46 000	−131 000	98 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	19 000	6 000	6 000
Unpaid Taxes	29 000	9 000	14 000	41 000
Dividends	0	0	0	0
Other Current Debt	224 000	214 000	84 000	84 000
Total Current Debt	302 000	242 000	105 000	133 000
Total Equity and Debt	255 000	111 000	203 000	252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−184,78 %	174,81 %	−21,43 %	5,04 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	58,02 %	−164,44 %	−57,94 %	3,76 %
Current Ratio	0,8	0,42	1,84	1,41
Quick Ratio	0,8	0,42	1,84	1,41
Equity Ratio	−0,18	−1,18	0,48	0,47
Gross Profit Margin	100 %	90,37 %	90,87 %	96,24 %