CARDINAL AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−14,26 %

Current Ratio

0,82

Debt-to-Equity Ratio

−1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 219 000	10 890 000	11 913 000	16 987 000
Net Income	71 000	6 000	−1 335 000	−377 000
Total Assets	2 630 000	3 187 000	3 215 000	3 584 000
Total Equity	−498 000	−569 000	−575 000	760 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 219 000	10 890 000	11 913 000	16 987 000
Expenditure	15 116 000	10 859 000	13 225 000	17 364 000
Operating Profit	103 000	32 000	−1 313 000	−378 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	32 000	30 000	24 000	0
Financial Balance	−32 000	−27 000	−23 000	1 000
Earnings Before Tax	71 000	6 000	−1 335 000	−377 000
Tax	0	0	0	0
Net Income	71 000	6 000	−1 335 000	−377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	726 000	962 000	778 000	681 000
Total Current Assets	1 904 000	2 225 000	2 437 000	2 903 000
Total Assets	2 630 000	3 187 000	3 215 000	3 584 000
Total Retained Equity	−798 000	−869 000	−875 000	460 000
Total Equity	−498 000	−569 000	−575 000	760 000
Total Long-Term Debt	796 000	1 000 000	1 000 000	0
Total Current Debt	2 332 000	2 756 000	2 790 000	2 823 000
Total Equity and Debt	2 630 000	3 187 000	3 215 000	3 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 859 000	8 798 000	10 827 000	16 987 000
Other Income	360 000	2 092 000	1 085 000	0
Revenue	15 219 000	10 890 000	11 913 000	16 987 000
Cost of Goods Sold	5 003 000	3 192 000	4 056 000	6 081 000
Salary Costs	5 106 000	3 697 000	4 735 000	6 103 000
Depreciation	236 000	275 000	273 000	317 000
Impairment	0	0	0	0
Expenditure	15 116 000	10 859 000	13 225 000	17 364 000
Operating Profit	103 000	32 000	−1 313 000	−378 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	32 000	30 000	24 000	0
Financial Balance	−32 000	−27 000	−23 000	1 000
Dividends	0	0	0	0
Net Income	71 000	6 000	−1 335 000	−377 000

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	726 000	962 000	778 000	681 000
Total Tangible Assets	726 000	962 000	778 000	681 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	726 000	962 000	778 000	681 000
Stock	1 079 000	1 050 000	1 194 000	1 466 000
Total Investments	0	0	0	0
Cash, Bank	455 000	770 000	408 000	780 000
Total Current Assets	1 904 000	2 225 000	2 437 000	2 903 000
Total Assets	2 630 000	3 187 000	3 215 000	3 584 000
Total Equity	−498 000	−569 000	−575 000	760 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	796 000	1 000 000	1 000 000	0
Creditors	557 000	1 212 000	1 198 000	550 000
Unpaid Taxes	747 000	766 000	440 000	786 000
Dividends	0	0	0	0
Other Current Debt	1 028 000	777 000	1 152 000	1 487 000
Total Current Debt	2 332 000	2 756 000	2 790 000	2 823 000
Total Equity and Debt	2 630 000	3 187 000	3 215 000	3 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,26 %	−1,05 %	232,17 %	−49,61 %
Debt-to-Equity Ratio	−1,6	−1,76	−1,74	0
Operating Profit Margin	0,68 %	0,29 %	−11,02 %	−2,23 %
Current Ratio	0,82	0,81	0,87	1,03
Quick Ratio	1,52	1,3	1,53	2,14
Equity Ratio	−0,19	−0,18	−0,18	0,21
Gross Profit Margin	67,13 %	70,69 %	65,95 %	64,2 %