COCAR INTERNATIONAL AS

3014 DRAMMEN

Finances

Share Ownership

Return on Equity

−29,02 %

Current Ratio

4,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	543 000	483 000	468 000
Net Income	−74 000	38 000	260 000
Total Assets	321 000	446 000	554 000
Total Equity	255 000	329 000	290 000

Income (NOK)	2022	2021	2020
Revenue	543 000	483 000	468 000
Expenditure	620 000	434 000	135 000
Operating Profit	−77 000	50 000	334 000
Financial Income	7 000	1 000	0
Financial Costs	5 000	1 000	0
Financial Balance	2 000	0	0
Earnings Before Tax	−75 000	50 000	334 000
Tax	−1 000	11 000	73 000
Net Income	−74 000	38 000	260 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	41 000	53 000	0
Total Current Assets	281 000	393 000	554 000
Total Assets	321 000	446 000	554 000
Total Retained Equity	225 000	299 000	260 000
Total Equity	255 000	329 000	290 000
Total Long-Term Debt	0	1 000	0
Total Current Debt	67 000	116 000	264 000
Total Equity and Debt	321 000	446 000	554 000

Cash flow (NOK)	2022	2021	2020
Sales Income	543 000	483 000	468 000
Other Income	0	0	0
Revenue	543 000	483 000	468 000
Cost of Goods Sold	152 000	21 000	1 000
Salary Costs	233 000	141 000	101 000
Depreciation	13 000	9 000	0
Impairment	0	0	0
Expenditure	620 000	434 000	135 000
Operating Profit	−77 000	50 000	334 000
Financial Income	7 000	1 000	0
Financial Costs	5 000	1 000	0
Financial Balance	2 000	0	0
Dividends	0	0	0
Net Income	−74 000	38 000	260 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	41 000	53 000	0
Total Tangible Assets	41 000	53 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	41 000	53 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	242 000	362 000	554 000
Total Current Assets	281 000	393 000	554 000
Total Assets	321 000	446 000	554 000
Total Equity	255 000	329 000	290 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	0
Creditors	30 000	5 000	6 000
Unpaid Taxes	10 000	29 000	83 000
Dividends	0	0	0
Other Current Debt	27 000	72 000	102 000
Total Current Debt	67 000	116 000	264 000
Total Equity and Debt	321 000	446 000	554 000

Financial indicators	2022	2021	2020
Return on Equity	−29,02 %	11,55 %	89,66 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−14,18 %	10,35 %	71,37 %
Current Ratio	4,19	3,39	2,1
Quick Ratio	4,19	3,39	2,1
Equity Ratio	0,79	0,74	0,52
Gross Profit Margin	72,01 %	95,65 %	99,79 %