IMG FOTO AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

29,79 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 099 000	919 000	313 000
Net Income	70 000	69 000	62 000
Total Assets	502 000	487 000	279 000
Total Equity	235 000	165 000	96 000

Income (NOK)	2022	2021	2020
Revenue	1 099 000	919 000	313 000
Expenditure	1 010 000	831 000	237 000
Operating Profit	89 000	88 000	76 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	90 000	88 000	76 000
Tax	20 000	19 000	14 000
Net Income	70 000	69 000	62 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 000	18 000	31 000
Total Current Assets	497 000	469 000	248 000
Total Assets	502 000	487 000	279 000
Total Retained Equity	201 000	131 000	62 000
Total Equity	235 000	165 000	96 000
Total Long-Term Debt	0	1 000	1 000
Total Current Debt	267 000	321 000	183 000
Total Equity and Debt	502 000	487 000	279 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 099 000	908 000	313 000
Other Income	0	11 000	0
Revenue	1 099 000	919 000	313 000
Cost of Goods Sold	220 000	110 000	30 000
Salary Costs	532 000	484 000	116 000
Depreciation	13 000	13 000	7 000
Impairment	0	0	0
Expenditure	1 010 000	831 000	237 000
Operating Profit	89 000	88 000	76 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	70 000	69 000	62 000

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	5 000	18 000	31 000
Total Tangible Assets	5 000	18 000	31 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 000	18 000	31 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	421 000	376 000	223 000
Total Current Assets	497 000	469 000	248 000
Total Assets	502 000	487 000	279 000
Total Equity	235 000	165 000	96 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	1 000
Creditors	44 000	34 000	21 000
Unpaid Taxes	91 000	122 000	64 000
Dividends	0	0	0
Other Current Debt	111 000	146 000	84 000
Total Current Debt	267 000	321 000	183 000
Total Equity and Debt	502 000	487 000	279 000

Financial indicators	2022	2021	2020
Return on Equity	29,79 %	41,82 %	64,58 %
Debt-to-Equity Ratio	0	0,01	0,01
Operating Profit Margin	8,1 %	9,58 %	24,28 %
Current Ratio	1,86	1,46	1,36
Quick Ratio	1,86	1,46	1,36
Equity Ratio	0,47	0,34	0,34
Gross Profit Margin	79,98 %	88,03 %	90,42 %