OBJECTIVE TECHNOLOGY AS

1859 SLITU

Finances

Return on Equity

−3,72 %

Current Ratio

7,63

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	150 000	435 000	195 000
Net Income	−15 000	−7 000	14 000	50 000
Total Assets	556 000	574 000	581 000	568 000
Total Equity	403 000	419 000	425 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	150 000	435 000	195 000
Expenditure	174 000	159 000	418 000	131 000
Operating Profit	−20 000	−9 000	16 000	64 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	−20 000	−8 000	18 000	65 000
Tax	−4 000	−2 000	4 000	14 000
Net Income	−15 000	−7 000	14 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	178 000	176 000	180 000
Total Current Assets	374 000	396 000	405 000	388 000
Total Assets	556 000	574 000	581 000	568 000
Total Retained Equity	−247 000	−231 000	−225 000	−239 000
Total Equity	403 000	419 000	425 000	411 000
Total Long-Term Debt	103 000	103 000	103 000	103 000
Total Current Debt	49 000	52 000	53 000	53 000
Total Equity and Debt	556 000	574 000	581 000	568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 000	100 000	435 000	195 000
Other Income	0	50 000	0	0
Revenue	155 000	150 000	435 000	195 000
Cost of Goods Sold	42 000	27 000	108 000	47 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	174 000	159 000	418 000	131 000
Operating Profit	−20 000	−9 000	16 000	64 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−15 000	−7 000	14 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	78 000	76 000	80 000
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	100 000	100 000	100 000	100 000
Total Fixed Assets	182 000	178 000	176 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	374 000	396 000	405 000	388 000
Total Current Assets	374 000	396 000	405 000	388 000
Total Assets	556 000	574 000	581 000	568 000
Total Equity	403 000	419 000	425 000	411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	103 000	103 000	103 000	103 000
Creditors	0	0	4 000	4 000
Unpaid Taxes	−10 000	−1 000	−3 000	−4 000
Dividends	0	0	0	0
Other Current Debt	59 000	53 000	52 000	52 000
Total Current Debt	49 000	52 000	53 000	53 000
Total Equity and Debt	556 000	574 000	581 000	568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,72 %	−1,67 %	3,29 %	12,17 %
Debt-to-Equity Ratio	0,26	0,25	0,24	0,25
Operating Profit Margin	−12,9 %	−6 %	3,68 %	32,82 %
Current Ratio	7,63	7,62	7,64	7,32
Quick Ratio	7,63	7,62	7,64	7,32
Equity Ratio	0,72	0,73	0,73	0,72
Gross Profit Margin	72,9 %	82 %	75,17 %	75,9 %