WHY CONNECT AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

58,98 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 524 000	2 371 000	1 303 000	906 000
Net Income	532 000	154 000	210 000	47 000
Total Assets	1 734 000	641 000	629 000	83 000
Total Equity	902 000	369 000	215 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 524 000	2 371 000	1 303 000	906 000
Expenditure	3 841 000	2 173 000	1 033 000	852 000
Operating Profit	683 000	199 000	271 000	55 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	683 000	198 000	271 000	55 000
Tax	150 000	44 000	60 000	8 000
Net Income	532 000	154 000	210 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	0	0	0
Total Current Assets	1 689 000	641 000	629 000	83 000
Total Assets	1 734 000	641 000	629 000	83 000
Total Retained Equity	872 000	339 000	185 000	28 000
Total Equity	902 000	369 000	215 000	58 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	830 000	271 000	413 000	25 000
Total Equity and Debt	1 734 000	641 000	629 000	83 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 524 000	2 371 000	1 303 000	756 000
Other Income	0	0	0	150 000
Revenue	4 524 000	2 371 000	1 303 000	906 000
Cost of Goods Sold	1 224 000	657 000	653 000	524 000
Salary Costs	1 527 000	934 000	188 000	3 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 841 000	2 173 000	1 033 000	852 000
Operating Profit	683 000	199 000	271 000	55 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	532 000	154 000	210 000	47 000

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	46 000	0	0	0
Total Tangible Assets	46 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	460 000	270 000	234 000	46 000
Total Current Assets	1 689 000	641 000	629 000	83 000
Total Assets	1 734 000	641 000	629 000	83 000
Total Equity	902 000	369 000	215 000	58 000
Short-Term Group Debt	0	0	68 000	0
Total Long-Term Debt	3 000	0	0	0
Creditors	103 000	48 000	55 000	−6 000
Unpaid Taxes	322 000	132 000	143 000	9 000
Dividends	0	0	0	0
Other Current Debt	258 000	47 000	101 000	14 000
Total Current Debt	830 000	271 000	413 000	25 000
Total Equity and Debt	1 734 000	641 000	629 000	83 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,98 %	41,73 %	97,67 %	81,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,1 %	8,39 %	20,8 %	6,07 %
Current Ratio	2,03	2,37	1,52	3,32
Quick Ratio	2,03	2,37	1,52	3,32
Equity Ratio	0,52	0,58	0,34	0,7
Gross Profit Margin	72,94 %	72,29 %	49,88 %	42,16 %