OPTIMUM DESIGN AND TECHNOLOGY AS

5096 BERGEN

Finances

Return on Equity

−180,95 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	189 000	226 000	128 000	55 000
Net Income	−76 000	−12 000	−149 000	25 000
Total Assets	477 000	325 000	407 000	284 000
Total Equity	42 000	118 000	130 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	189 000	226 000	128 000	55 000
Expenditure	312 000	260 000	351 000	46 000
Operating Profit	−123 000	−35 000	−223 000	8 000
Financial Income	25 000	20 000	25 000	18 000
Financial Costs	0	0	0	0
Financial Balance	25 000	20 000	25 000	18 000
Earnings Before Tax	−98 000	−15 000	−198 000	27 000
Tax	−22 000	−3 000	−49 000	2 000
Net Income	−76 000	−12 000	−149 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	217 000	213 000	164 000
Total Current Assets	222 000	109 000	194 000	119 000
Total Assets	477 000	325 000	407 000	284 000
Total Retained Equity	−58 000	18 000	30 000	179 000
Total Equity	42 000	118 000	130 000	279 000
Total Long-Term Debt	0	117 000	200 000	0
Total Current Debt	435 000	90 000	77 000	4 000
Total Equity and Debt	477 000	325 000	407 000	284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	189 000	226 000	128 000	55 000
Other Income	0	0	0	0
Revenue	189 000	226 000	128 000	55 000
Cost of Goods Sold	5 000	4 000	0	15 000
Salary Costs	235 000	233 000	235 000	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	312 000	260 000	351 000	46 000
Operating Profit	−123 000	−35 000	−223 000	8 000
Financial Income	25 000	20 000	25 000	18 000
Financial Costs	0	0	0	0
Financial Balance	25 000	20 000	25 000	18 000
Dividends	0	0	0	0
Net Income	−76 000	−12 000	−149 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	138 000	117 000	113 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	255 000	217 000	213 000	164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	85 000	121 000	81 000
Total Current Assets	222 000	109 000	194 000	119 000
Total Assets	477 000	325 000	407 000	284 000
Total Equity	42 000	118 000	130 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	117 000	200 000	0
Creditors	0	0	28 000	0
Unpaid Taxes	40 000	65 000	24 000	4 000
Dividends	0	0	0	0
Other Current Debt	395 000	25 000	25 000	0
Total Current Debt	435 000	90 000	77 000	4 000
Total Equity and Debt	477 000	325 000	407 000	284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180,95 %	−10,17 %	−114,62 %	8,96 %
Debt-to-Equity Ratio	0	0,99	1,54	0
Operating Profit Margin	−65,08 %	−15,49 %	−174,22 %	14,55 %
Current Ratio	0,51	1,21	2,52	29,75
Quick Ratio	0,51	1,21	2,52	29,75
Equity Ratio	0,09	0,36	0,32	0,98
Gross Profit Margin	97,35 %	98,23 %	100 %	72,73 %