STUDIO X AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

6,79 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 991 000	5 846 000	4 065 000	2 320 000
Net Income	18 000	247 000	177 000	−135 000
Total Assets	1 485 000	1 782 000	937 000	561 000
Total Equity	265 000	287 000	70 000	−107 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 991 000	5 846 000	4 065 000	2 320 000
Expenditure	6 892 000	5 516 000	3 869 000	2 455 000
Operating Profit	100 000	329 000	196 000	−134 000
Financial Income	4 000	12 000	3 000	0
Financial Costs	75 000	22 000	11 000	0
Financial Balance	−71 000	−10 000	−8 000	0
Earnings Before Tax	28 000	319 000	189 000	−134 000
Tax	10 000	72 000	12 000	1 000
Net Income	18 000	247 000	177 000	−135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	64 000	92 000	0
Total Current Assets	1 450 000	1 719 000	845 000	561 000
Total Assets	1 485 000	1 782 000	937 000	561 000
Total Retained Equity	240 000	262 000	46 000	−132 000
Total Equity	265 000	287 000	70 000	−107 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 220 000	1 496 000	867 000	668 000
Total Equity and Debt	1 485 000	1 782 000	937 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 991 000	5 846 000	4 065 000	2 320 000
Other Income	0	0	0	0
Revenue	6 991 000	5 846 000	4 065 000	2 320 000
Cost of Goods Sold	2 619 000	2 614 000	1 612 000	876 000
Salary Costs	2 233 000	1 780 000	1 468 000	885 000
Depreciation	28 000	28 000	21 000	0
Impairment	0	0	0	0
Expenditure	6 892 000	5 516 000	3 869 000	2 455 000
Operating Profit	100 000	329 000	196 000	−134 000
Financial Income	4 000	12 000	3 000	0
Financial Costs	75 000	22 000	11 000	0
Financial Balance	−71 000	−10 000	−8 000	0
Dividends	40 000	30 000	0	0
Net Income	18 000	247 000	177 000	−135 000

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	35 000	64 000	92 000	0
Total Tangible Assets	35 000	64 000	92 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	64 000	92 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	114 000	455 000	126 000
Total Current Assets	1 450 000	1 719 000	845 000	561 000
Total Assets	1 485 000	1 782 000	937 000	561 000
Total Equity	265 000	287 000	70 000	−107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	582 000	574 000	55 000	47 000
Unpaid Taxes	181 000	507 000	454 000	177 000
Dividends	40 000	30 000	0	0
Other Current Debt	208 000	162 000	346 000	445 000
Total Current Debt	1 220 000	1 496 000	867 000	668 000
Total Equity and Debt	1 485 000	1 782 000	937 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,79 %	86,06 %	252,86 %	126,17 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,43 %	5,63 %	4,82 %	−5,78 %
Current Ratio	1,19	1,15	0,97	0,84
Quick Ratio	1,19	1,15	0,97	0,84
Equity Ratio	0,18	0,16	0,07	−0,19
Gross Profit Margin	62,54 %	55,29 %	60,34 %	62,24 %