TESTING PRODUCT SERVICE AS

1667 ROLVSØY

Finances

Share Ownership

Return on Equity

56,89 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 823 000	2 146 000	1 390 000	2 706 000
Net Income	161 000	−84 000	106 000	14 000
Total Assets	419 000	151 000	761 000	249 000
Total Equity	283 000	122 000	206 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 823 000	2 146 000	1 390 000	2 706 000
Expenditure	2 623 000	2 234 000	1 244 000	2 681 000
Operating Profit	200 000	−89 000	147 000	25 000
Financial Income	0	11 000	0	0
Financial Costs	16 000	8 000	11 000	7 000
Financial Balance	−16 000	3 000	−11 000	−7 000
Earnings Before Tax	184 000	−85 000	136 000	18 000
Tax	23 000	−2 000	30 000	4 000
Net Income	161 000	−84 000	106 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	2 000	8 000	13 000
Total Current Assets	397 000	149 000	754 000	236 000
Total Assets	419 000	151 000	761 000	249 000
Total Retained Equity	253 000	92 000	176 000	70 000
Total Equity	283 000	122 000	206 000	100 000
Total Long-Term Debt	1 000	0	2 000	0
Total Current Debt	135 000	29 000	553 000	149 000
Total Equity and Debt	419 000	151 000	761 000	249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 823 000	2 146 000	1 370 000	2 706 000
Other Income	0	0	20 000	0
Revenue	2 823 000	2 146 000	1 390 000	2 706 000
Cost of Goods Sold	2 578 000	2 110 000	1 061 000	2 454 000
Salary Costs	0	0	2 000	0
Depreciation	4 000	6 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	2 623 000	2 234 000	1 244 000	2 681 000
Operating Profit	200 000	−89 000	147 000	25 000
Financial Income	0	11 000	0	0
Financial Costs	16 000	8 000	11 000	7 000
Financial Balance	−16 000	3 000	−11 000	−7 000
Dividends	0	0	0	0
Net Income	161 000	−84 000	106 000	14 000

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	2 000	8 000	13 000
Fixtures	22 000	0	0	0
Total Tangible Assets	22 000	2 000	8 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	2 000	8 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	105 000	686 000	86 000
Total Current Assets	397 000	149 000	754 000	236 000
Total Assets	419 000	151 000	761 000	249 000
Total Equity	283 000	122 000	206 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	2 000	0
Creditors	67 000	26 000	380 000	143 000
Unpaid Taxes	43 000	0	145 000	2 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	0	0
Total Current Debt	135 000	29 000	553 000	149 000
Total Equity and Debt	419 000	151 000	761 000	249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,89 %	−68,85 %	51,46 %	14 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	7,08 %	−4,15 %	10,58 %	0,92 %
Current Ratio	2,94	5,14	1,36	1,58
Quick Ratio	2,94	5,14	1,36	1,58
Equity Ratio	0,68	0,81	0,27	0,4
Gross Profit Margin	8,68 %	1,68 %	23,67 %	9,31 %