PUBLISH AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

242,93 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 505 000	29 173 000	26 548 000	22 040 000
Net Income	4 295 000	7 661 000	7 026 000	2 345 000
Total Assets	7 956 000	15 279 000	17 281 000	9 372 000
Total Equity	1 768 000	1 764 000	3 002 000	976 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 505 000	29 173 000	26 548 000	22 040 000
Expenditure	21 055 000	18 936 000	17 531 000	18 880 000
Operating Profit	5 451 000	10 237 000	9 017 000	3 160 000
Financial Income	376 000	206 000	723 000	150 000
Financial Costs	308 000	613 000	727 000	297 000
Financial Balance	68 000	−407 000	−4 000	−147 000
Earnings Before Tax	5 519 000	9 829 000	9 012 000	3 014 000
Tax	1 224 000	2 168 000	1 986 000	668 000
Net Income	4 295 000	7 661 000	7 026 000	2 345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	190 000	293 000	271 000
Total Current Assets	7 833 000	15 089 000	16 988 000	9 102 000
Total Assets	7 956 000	15 279 000	17 281 000	9 372 000
Total Retained Equity	1 668 000	1 664 000	2 902 000	876 000
Total Equity	1 768 000	1 764 000	3 002 000	976 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 188 000	13 516 000	14 279 000	8 396 000
Total Equity and Debt	7 956 000	15 279 000	17 281 000	9 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 505 000	29 173 000	26 548 000	22 040 000
Other Income	0	0	0	0
Revenue	26 505 000	29 173 000	26 548 000	22 040 000
Cost of Goods Sold	6 921 000	6 112 000	6 183 000	6 996 000
Salary Costs	9 456 000	9 281 000	8 203 000	7 992 000
Depreciation	55 000	111 000	100 000	135 000
Impairment	0	0	0	0
Expenditure	21 055 000	18 936 000	17 531 000	18 880 000
Operating Profit	5 451 000	10 237 000	9 017 000	3 160 000
Financial Income	376 000	206 000	723 000	150 000
Financial Costs	308 000	613 000	727 000	297 000
Financial Balance	68 000	−407 000	−4 000	−147 000
Dividends	2 630 000	6 000 000	5 000 000	1 800 000
Net Income	4 295 000	7 661 000	7 026 000	2 345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	23 000
Total Intangible Assets	90 000	102 000	94 000	125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	88 000	199 000	146 000
Total Tangible Assets	33 000	88 000	199 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	123 000	190 000	293 000	271 000
Stock	48 000	66 000	99 000	158 000
Total Investments	0	0	0	0
Cash, Bank	2 897 000	8 280 000	10 781 000	2 013 000
Total Current Assets	7 833 000	15 089 000	16 988 000	9 102 000
Total Assets	7 956 000	15 279 000	17 281 000	9 372 000
Total Equity	1 768 000	1 764 000	3 002 000	976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	341 000	364 000	252 000	803 000
Unpaid Taxes	667 000	1 247 000	1 114 000	458 000
Dividends	2 630 000	6 000 000	5 000 000	1 800 000
Other Current Debt	1 337 000	3 728 000	5 935 000	4 733 000
Total Current Debt	6 188 000	13 516 000	14 279 000	8 396 000
Total Equity and Debt	7 956 000	15 279 000	17 281 000	9 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	242,93 %	434,3 %	234,04 %	240,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,57 %	35,09 %	33,96 %	14,34 %
Current Ratio	1,27	1,12	1,19	1,08
Quick Ratio	1,28	1,12	1,2	1,1
Equity Ratio	0,22	0,12	0,17	0,1
Gross Profit Margin	73,89 %	79,05 %	76,71 %	68,26 %