CHANGE AND DEVELOPMENT NORWAY AS

4639 KRISTIANSAND S

Finances

Return on Equity

6,06 %

Current Ratio

15,93

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 010 000	17 065 000	14 688 000	11 458 000
Net Income	2 644 000	1 687 000	1 026 000	132 000
Total Assets	63 808 000	23 796 000	24 765 000	21 433 000
Total Equity	43 605 000	3 092 000	1 405 000	379 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 010 000	17 065 000	14 688 000	11 458 000
Expenditure	14 007 000	13 638 000	13 280 000	11 237 000
Operating Profit	4 003 000	3 427 000	1 409 000	221 000
Financial Income	306 000	0	0	0
Financial Costs	1 000 000	1 321 000	36 000	51 000
Financial Balance	−694 000	−1 321 000	−36 000	−51 000
Earnings Before Tax	3 309 000	2 106 000	1 372 000	169 000
Tax	665 000	419 000	346 000	37 000
Net Income	2 644 000	1 687 000	1 026 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 909 000	15 551 000	14 866 000	14 318 000
Total Current Assets	46 899 000	8 245 000	9 899 000	7 116 000
Total Assets	63 808 000	23 796 000	24 765 000	21 433 000
Total Retained Equity	5 636 000	2 992 000	1 305 000	279 000
Total Equity	43 605 000	3 092 000	1 405 000	379 000
Total Long-Term Debt	17 259 000	16 790 000	18 178 000	15 616 000
Total Current Debt	2 944 000	3 914 000	5 182 000	5 439 000
Total Equity and Debt	63 808 000	23 796 000	24 765 000	21 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 996 000	17 029 000	14 254 000	11 430 000
Other Income	14 000	36 000	435 000	28 000
Revenue	18 010 000	17 065 000	14 688 000	11 458 000
Cost of Goods Sold	6 686 000	7 766 000	6 786 000	6 074 000
Salary Costs	0	0	0	0
Depreciation	1 875 000	2 287 000	2 458 000	2 639 000
Impairment	0	0	0	0
Expenditure	14 007 000	13 638 000	13 280 000	11 237 000
Operating Profit	4 003 000	3 427 000	1 409 000	221 000
Financial Income	306 000	0	0	0
Financial Costs	1 000 000	1 321 000	36 000	51 000
Financial Balance	−694 000	−1 321 000	−36 000	−51 000
Dividends	0	0	0	0
Net Income	2 644 000	1 687 000	1 026 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	28 000
Real Eastate	14 667 000	13 572 000	12 997 000	12 510 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 242 000	1 979 000	1 868 000	1 772 000
Total Tangible Assets	16 909 000	15 551 000	14 865 000	14 282 000
Total Fiancial Fixed Assets	0	0	1 000	8 000
Total Fixed Assets	16 909 000	15 551 000	14 866 000	14 318 000
Stock	0	0	0	0
Total Investments	5 782 000	5 782 000	5 782 000	5 782 000
Cash, Bank	39 326 000	612 000	1 705 000	103 000
Total Current Assets	46 899 000	8 245 000	9 899 000	7 116 000
Total Assets	63 808 000	23 796 000	24 765 000	21 433 000
Total Equity	43 605 000	3 092 000	1 405 000	379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 259 000	16 790 000	18 178 000	15 616 000
Creditors	2 856 000	3 094 000	4 527 000	5 114 000
Unpaid Taxes	−505 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	488 000	344 000	251 000
Total Current Debt	2 944 000	3 914 000	5 182 000	5 439 000
Total Equity and Debt	63 808 000	23 796 000	24 765 000	21 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,06 %	54,56 %	73,02 %	34,83 %
Debt-to-Equity Ratio	0,4	5,43	12,94	41,2
Operating Profit Margin	22,23 %	20,08 %	9,59 %	1,93 %
Current Ratio	15,93	2,11	1,91	1,31
Quick Ratio	15,93	2,11	1,91	1,31
Equity Ratio	0,68	0,13	0,06	0,02
Gross Profit Margin	62,88 %	54,49 %	53,8 %	46,99 %