FORMATIC AS

1409 SKOTBU

Finances

Return on Equity

6,66 %

Current Ratio

18,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	369 000	357 000	223 000	218 000
Net Income	237 000	286 000	567 000	73 000
Total Assets	3 748 000	3 564 000	3 553 000	3 050 000
Total Equity	3 561 000	3 323 000	3 367 000	2 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	369 000	357 000	223 000	218 000
Expenditure	94 000	152 000	207 000	246 000
Operating Profit	276 000	206 000	16 000	−28 000
Financial Income	24 000	147 000	559 000	101 000
Financial Costs	0	2 000	1 000	0
Financial Balance	24 000	145 000	558 000	101 000
Earnings Before Tax	300 000	350 000	574 000	73 000
Tax	62 000	65 000	7 000	0
Net Income	237 000	286 000	567 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 000	240 000	274 000	307 000
Total Current Assets	3 501 000	3 323 000	3 280 000	2 743 000
Total Assets	3 748 000	3 564 000	3 553 000	3 050 000
Total Retained Equity	3 061 000	2 823 000	2 867 000	2 400 000
Total Equity	3 561 000	3 323 000	3 367 000	2 900 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	187 000	240 000	186 000	150 000
Total Equity and Debt	3 748 000	3 564 000	3 553 000	3 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	369 000	357 000	223 000	218 000
Other Income	0	0	0	0
Revenue	369 000	357 000	223 000	218 000
Cost of Goods Sold	0	0	0	0
Salary Costs	54 000	113 000	161 000	205 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	152 000	207 000	246 000
Operating Profit	276 000	206 000	16 000	−28 000
Financial Income	24 000	147 000	559 000	101 000
Financial Costs	0	2 000	1 000	0
Financial Balance	24 000	145 000	558 000	101 000
Dividends	0	330 000	100 000	50 000
Net Income	237 000	286 000	567 000	73 000

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	247 000	240 000	274 000	307 000
Total Fixed Assets	247 000	240 000	274 000	307 000
Stock	0	0	0	0
Total Investments	2 081 000	2 067 000	1 663 000	1 052 000
Cash, Bank	1 107 000	1 108 000	1 599 000	1 681 000
Total Current Assets	3 501 000	3 323 000	3 280 000	2 743 000
Total Assets	3 748 000	3 564 000	3 553 000	3 050 000
Total Equity	3 561 000	3 323 000	3 367 000	2 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	102 000	120 000	54 000	75 000
Dividends	0	330 000	100 000	50 000
Other Current Debt	18 000	56 000	125 000	75 000
Total Current Debt	187 000	240 000	186 000	150 000
Total Equity and Debt	3 748 000	3 564 000	3 553 000	3 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,66 %	8,61 %	16,84 %	2,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,8 %	57,7 %	7,17 %	−12,84 %
Current Ratio	18,72	13,85	17,63	18,29
Quick Ratio	18,72	13,85	17,63	18,29
Equity Ratio	0,95	0,93	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %