BY M AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

95,51 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 733 000	3 740 000	2 361 000	2 350 000
Net Income	809 000	454 000	61 000	−43 000
Total Assets	1 948 000	998 000	953 000	512 000
Total Equity	847 000	39 000	−415 000	−477 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 733 000	3 740 000	2 361 000	2 350 000
Expenditure	3 908 000	3 263 000	2 273 000	2 341 000
Operating Profit	825 000	477 000	88 000	10 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	23 000	26 000	53 000
Financial Balance	−7 000	−23 000	−26 000	−53 000
Earnings Before Tax	817 000	454 000	61 000	−43 000
Tax	9 000	0	0	0
Net Income	809 000	454 000	61 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	24 000
Total Current Assets	1 948 000	998 000	945 000	487 000
Total Assets	1 948 000	998 000	953 000	512 000
Total Retained Equity	617 000	−191 000	−645 000	−707 000
Total Equity	847 000	39 000	−415 000	−477 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 101 000	959 000	1 368 000	989 000
Total Equity and Debt	1 948 000	998 000	953 000	512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 743 000	3 740 000	2 361 000	2 350 000
Other Income	−10 000	0	0	0
Revenue	4 733 000	3 740 000	2 361 000	2 350 000
Cost of Goods Sold	1 939 000	1 681 000	1 052 000	945 000
Salary Costs	1 130 000	856 000	603 000	701 000
Depreciation	0	8 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	3 908 000	3 263 000	2 273 000	2 341 000
Operating Profit	825 000	477 000	88 000	10 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	23 000	26 000	53 000
Financial Balance	−7 000	−23 000	−26 000	−53 000
Dividends	0	0	0	0
Net Income	809 000	454 000	61 000	−43 000

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	8 000	24 000
Total Tangible Assets	0	0	8 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	24 000
Stock	529 000	584 000	390 000	368 000
Total Investments	0	0	0	0
Cash, Bank	1 384 000	379 000	545 000	112 000
Total Current Assets	1 948 000	998 000	945 000	487 000
Total Assets	1 948 000	998 000	953 000	512 000
Total Equity	847 000	39 000	−415 000	−477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	114 000	143 000	585 000	123 000
Unpaid Taxes	225 000	187 000	44 000	98 000
Dividends	0	0	0	0
Other Current Debt	753 000	629 000	599 000	576 000
Total Current Debt	1 101 000	959 000	1 368 000	989 000
Total Equity and Debt	1 948 000	998 000	953 000	512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,51 %	1 164,1 %	−14,7 %	9,01 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	17,43 %	12,75 %	3,73 %	0,43 %
Current Ratio	1,77	1,04	0,69	0,49
Quick Ratio	3,41	2,66	0,97	0,78
Equity Ratio	0,43	0,04	−0,44	−0,93
Gross Profit Margin	59,03 %	55,05 %	55,44 %	59,79 %