DR. CHOICE AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−98,29 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 348 000	1 160 000	871 000	561 000
Net Income	−115 000	−93 000	−200 000	11 000
Total Assets	634 000	483 000	607 000	651 000
Total Equity	117 000	232 000	125 000	125 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 348 000	1 160 000	871 000	561 000
Expenditure	1 469 000	1 254 000	1 102 000	541 000
Operating Profit	−121 000	−95 000	−231 000	19 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	31 000	28 000	29 000	7 000
Financial Balance	−25 000	−24 000	−25 000	−6 000
Earnings Before Tax	−146 000	−119 000	−255 000	14 000
Tax	−31 000	−26 000	−55 000	3 000
Net Income	−115 000	−93 000	−200 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	75 000	209 000	202 000
Total Current Assets	527 000	407 000	398 000	449 000
Total Assets	634 000	483 000	607 000	651 000
Total Retained Equity	−383 000	−268 000	−175 000	25 000
Total Equity	117 000	232 000	125 000	125 000
Total Long-Term Debt	140 000	0	213 000	415 000
Total Current Debt	377 000	251 000	269 000	112 000
Total Equity and Debt	634 000	483 000	607 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 348 000	1 015 000	871 000	561 000
Other Income	0	144 000	0	0
Revenue	1 348 000	1 160 000	871 000	561 000
Cost of Goods Sold	673 000	473 000	494 000	260 000
Salary Costs	0	57 000	0	0
Depreciation	0	11 000	45 000	22 000
Impairment	0	0	0	0
Expenditure	1 469 000	1 254 000	1 102 000	541 000
Operating Profit	−121 000	−95 000	−231 000	19 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	31 000	28 000	29 000	7 000
Financial Balance	−25 000	−24 000	−25 000	−6 000
Dividends	0	0	0	0
Net Income	−115 000	−93 000	−200 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	75 000	52 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	157 000	202 000
Total Tangible Assets	0	0	157 000	202 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	75 000	209 000	202 000
Stock	425 000	294 000	317 000	341 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	42 000
Total Current Assets	527 000	407 000	398 000	449 000
Total Assets	634 000	483 000	607 000	651 000
Total Equity	117 000	232 000	125 000	125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	0	213 000	415 000
Creditors	73 000	20 000	31 000	107 000
Unpaid Taxes	8 000	13 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	51 000	4 000	4 000
Total Current Debt	377 000	251 000	269 000	112 000
Total Equity and Debt	634 000	483 000	607 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,29 %	−40,09 %	−160 %	8,8 %
Debt-to-Equity Ratio	1,2	0	1,7	3,32
Operating Profit Margin	−8,98 %	−8,19 %	−26,52 %	3,39 %
Current Ratio	1,4	1,62	1,48	4,01
Quick Ratio	−10,98	−9,47	−8,29	−1,96
Equity Ratio	0,18	0,48	0,21	0,19
Gross Profit Margin	50,07 %	59,22 %	43,28 %	53,65 %