CARDO 8614 AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

−48,65 %

Current Ratio

1,1

Debt-to-Equity Ratio

7,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 002 000	1 575 000	1 044 000	1 121 000
Net Income	−18 000	180 000	190 000	−247 000
Total Assets	1 456 000	1 103 000	997 000	591 000
Total Equity	37 000	49 000	−130 000	−320 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 002 000	1 575 000	1 044 000	1 121 000
Expenditure	2 016 000	1 380 000	886 000	1 366 000
Operating Profit	−14 000	195 000	158 000	−245 000
Financial Income	0	0	33 000	0
Financial Costs	4 000	10 000	1 000	2 000
Financial Balance	−4 000	−10 000	32 000	−2 000
Earnings Before Tax	−18 000	185 000	190 000	−247 000
Tax	0	5 000	0	0
Net Income	−18 000	180 000	190 000	−247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	119 000	119 000	139 000
Total Current Assets	1 250 000	983 000	877 000	452 000
Total Assets	1 456 000	1 103 000	997 000	591 000
Total Retained Equity	−63 000	−51 000	−230 000	−420 000
Total Equity	37 000	49 000	−130 000	−320 000
Total Long-Term Debt	282 000	226 000	389 000	245 000
Total Current Debt	1 137 000	827 000	738 000	666 000
Total Equity and Debt	1 456 000	1 103 000	997 000	591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 002 000	1 575 000	1 044 000	1 121 000
Other Income	0	0	0	0
Revenue	2 002 000	1 575 000	1 044 000	1 121 000
Cost of Goods Sold	562 000	180 000	184 000	304 000
Salary Costs	763 000	498 000	344 000	671 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 016 000	1 380 000	886 000	1 366 000
Operating Profit	−14 000	195 000	158 000	−245 000
Financial Income	0	0	33 000	0
Financial Costs	4 000	10 000	1 000	2 000
Financial Balance	−4 000	−10 000	32 000	−2 000
Dividends	0	0	0	0
Net Income	−18 000	180 000	190 000	−247 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	206 000	119 000	119 000	139 000
Total Fixed Assets	206 000	119 000	119 000	139 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	317 000	60 000	98 000
Total Current Assets	1 250 000	983 000	877 000	452 000
Total Assets	1 456 000	1 103 000	997 000	591 000
Total Equity	37 000	49 000	−130 000	−320 000
Short-Term Group Debt	34 000	34 000	34 000	34 000
Total Long-Term Debt	282 000	226 000	389 000	245 000
Creditors	478 000	281 000	341 000	336 000
Unpaid Taxes	166 000	187 000	215 000	117 000
Dividends	0	0	0	0
Other Current Debt	458 000	320 000	147 000	178 000
Total Current Debt	1 137 000	827 000	738 000	666 000
Total Equity and Debt	1 456 000	1 103 000	997 000	591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,65 %	367,35 %	−146,15 %	77,19 %
Debt-to-Equity Ratio	7,62	4,61	−2,99	−0,77
Operating Profit Margin	−0,7 %	12,38 %	15,13 %	−21,86 %
Current Ratio	1,1	1,19	1,19	0,68
Quick Ratio	1,1	1,19	1,19	0,68
Equity Ratio	0,03	0,04	−0,13	−0,54
Gross Profit Margin	71,93 %	88,57 %	82,38 %	72,88 %