CUT POINT AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

55,39 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 796 000	1 898 000	1 114 000	874 000
Net Income	421 000	338 000	33 000	40 000
Total Assets	1 273 000	667 000	321 000	107 000
Total Equity	760 000	339 000	1 000	−31 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 796 000	1 898 000	1 114 000	874 000
Expenditure	1 255 000	1 378 000	1 044 000	822 000
Operating Profit	542 000	520 000	70 000	53 000
Financial Income	0	0	0	0
Financial Costs	3 000	32 000	4 000	2 000
Financial Balance	−3 000	−32 000	−4 000	−2 000
Earnings Before Tax	539 000	488 000	66 000	51 000
Tax	119 000	150 000	33 000	11 000
Net Income	421 000	338 000	33 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	39 000	46 000	71 000
Total Current Assets	1 229 000	628 000	275 000	37 000
Total Assets	1 273 000	667 000	321 000	107 000
Total Retained Equity	730 000	309 000	−29 000	−61 000
Total Equity	760 000	339 000	1 000	−31 000
Total Long-Term Debt	2 000	2 000	2 000	0
Total Current Debt	512 000	326 000	317 000	139 000
Total Equity and Debt	1 273 000	667 000	321 000	107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 796 000	1 898 000	1 093 000	874 000
Other Income	0	0	21 000	0
Revenue	1 796 000	1 898 000	1 114 000	874 000
Cost of Goods Sold	27 000	53 000	36 000	39 000
Salary Costs	781 000	969 000	695 000	542 000
Depreciation	11 000	7 000	7 000	6 000
Impairment	0	0	0	0
Expenditure	1 255 000	1 378 000	1 044 000	822 000
Operating Profit	542 000	520 000	70 000	53 000
Financial Income	0	0	0	0
Financial Costs	3 000	32 000	4 000	2 000
Financial Balance	−3 000	−32 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	421 000	338 000	33 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	39 000	46 000	53 000
Total Tangible Assets	44 000	39 000	46 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	39 000	46 000	71 000
Stock	20 000	20 000	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	60 000	308 000	157 000	17 000
Total Current Assets	1 229 000	628 000	275 000	37 000
Total Assets	1 273 000	667 000	321 000	107 000
Total Equity	760 000	339 000	1 000	−31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	2 000	0
Creditors	−73 000	−109 000	104 000	56 000
Unpaid Taxes	188 000	170 000	109 000	76 000
Dividends	0	0	0	0
Other Current Debt	278 000	157 000	91 000	7 000
Total Current Debt	512 000	326 000	317 000	139 000
Total Equity and Debt	1 273 000	667 000	321 000	107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,39 %	99,71 %	3 300 %	−129,03 %
Debt-to-Equity Ratio	0	0,01	2	−0
Operating Profit Margin	30,18 %	27,4 %	6,28 %	6,06 %
Current Ratio	2,4	1,93	0,87	0,27
Quick Ratio	2,5	2,05	0,93	0,31
Equity Ratio	0,6	0,51	0	−0,29
Gross Profit Margin	98,5 %	97,21 %	96,77 %	95,54 %