CLASSICS AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

12,65 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 239 000	2 272 000	2 212 000
Net Income	21 000	4 000	89 000	5 000
Total Assets	789 000	825 000	799 000	635 000
Total Equity	166 000	145 000	141 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 239 000	2 272 000	2 212 000
Expenditure	2 326 000	2 232 000	2 161 000	2 197 000
Operating Profit	31 000	7 000	111 000	15 000
Financial Income	4 000	3 000	1 000	0
Financial Costs	7 000	5 000	11 000	9 000
Financial Balance	−3 000	−2 000	−10 000	−9 000
Earnings Before Tax	28 000	5 000	101 000	5 000
Tax	7 000	1 000	12 000	0
Net Income	21 000	4 000	89 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	33 000	0	0
Total Current Assets	763 000	792 000	799 000	635 000
Total Assets	789 000	825 000	799 000	635 000
Total Retained Equity	66 000	45 000	41 000	−48 000
Total Equity	166 000	145 000	141 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	623 000	680 000	658 000	583 000
Total Equity and Debt	789 000	825 000	799 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 357 000	2 239 000	2 272 000	2 212 000
Other Income	0	0	0	0
Revenue	2 357 000	2 239 000	2 272 000	2 212 000
Cost of Goods Sold	1 449 000	1 357 000	1 340 000	1 391 000
Salary Costs	667 000	659 000	613 000	620 000
Depreciation	7 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	2 326 000	2 232 000	2 161 000	2 197 000
Operating Profit	31 000	7 000	111 000	15 000
Financial Income	4 000	3 000	1 000	0
Financial Costs	7 000	5 000	11 000	9 000
Financial Balance	−3 000	−2 000	−10 000	−9 000
Dividends	0	0	0	0
Net Income	21 000	4 000	89 000	5 000

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	26 000	33 000	0	0
Total Tangible Assets	26 000	33 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	33 000	0	0
Stock	151 000	128 000	132 000	140 000
Total Investments	6 000	6 000	0	0
Cash, Bank	585 000	650 000	656 000	479 000
Total Current Assets	763 000	792 000	799 000	635 000
Total Assets	789 000	825 000	799 000	635 000
Total Equity	166 000	145 000	141 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	93 000	169 000	117 000	98 000
Unpaid Taxes	141 000	125 000	144 000	108 000
Dividends	0	0	0	0
Other Current Debt	382 000	386 000	384 000	376 000
Total Current Debt	623 000	680 000	658 000	583 000
Total Equity and Debt	789 000	825 000	799 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,65 %	2,76 %	63,12 %	9,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,32 %	0,31 %	4,89 %	0,68 %
Current Ratio	1,22	1,16	1,21	1,09
Quick Ratio	1,62	1,43	1,52	1,43
Equity Ratio	0,21	0,18	0,18	0,08
Gross Profit Margin	38,52 %	39,39 %	41,02 %	37,12 %