INTERTEK CERTIFICATION AS

3208 SANDEFJORD

Finances

Share Ownership

Return on Equity

10,02 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 341 000	12 408 000	13 049 000	15 972 000
Net Income	251 000	−559 000	2 010 000	−908 000
Total Assets	5 702 000	6 211 000	10 505 000	11 406 000
Total Equity	2 504 000	2 253 000	1 918 000	−92 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 341 000	12 408 000	13 049 000	15 972 000
Expenditure	12 988 000	12 932 000	10 575 000	16 722 000
Operating Profit	353 000	−524 000	2 473 000	−750 000
Financial Income	92 000	0	−416 000	0
Financial Costs	121 000	288 000	103 000	334 000
Financial Balance	−29 000	−288 000	−519 000	−334 000
Earnings Before Tax	323 000	−812 000	1 955 000	−1 084 000
Tax	72 000	−252 000	−55 000	−176 000
Net Income	251 000	−559 000	2 010 000	−908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	6 000
Total Current Assets	5 702 000	6 211 000	10 505 000	11 400 000
Total Assets	5 702 000	6 211 000	10 505 000	11 406 000
Total Retained Equity	2 404 000	2 153 000	1 818 000	0
Total Equity	2 504 000	2 253 000	1 918 000	−92 000
Total Long-Term Debt	0	0	2 504 000	3 347 000
Total Current Debt	3 198 000	3 958 000	6 083 000	8 151 000
Total Equity and Debt	5 702 000	6 211 000	10 505 000	11 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 341 000	12 408 000	13 049 000	15 972 000
Other Income	0	0	0	0
Revenue	13 341 000	12 408 000	13 049 000	15 972 000
Cost of Goods Sold	8 275 000	6 983 000	6 961 000	6 915 000
Salary Costs	2 646 000	2 654 000	2 255 000	6 256 000
Depreciation	0	0	0	40 000
Impairment	0	0	0	0
Expenditure	12 988 000	12 932 000	10 575 000	16 722 000
Operating Profit	353 000	−524 000	2 473 000	−750 000
Financial Income	92 000	0	−416 000	0
Financial Costs	121 000	288 000	103 000	334 000
Financial Balance	−29 000	−288 000	−519 000	−334 000
Dividends	0	0	0	0
Net Income	251 000	−559 000	2 010 000	−908 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	6 000
Total Fixed Assets	0	0	0	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	172 000	148 000	178 000
Total Current Assets	5 702 000	6 211 000	10 505 000	11 400 000
Total Assets	5 702 000	6 211 000	10 505 000	11 406 000
Total Equity	2 504 000	2 253 000	1 918 000	−92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 504 000	3 347 000
Creditors	1 527 000	2 669 000	3 651 000	6 407 000
Unpaid Taxes	737 000	646 000	1 097 000	783 000
Dividends	0	0	0	0
Other Current Debt	861 000	643 000	1 276 000	847 000
Total Current Debt	3 198 000	3 958 000	6 083 000	8 151 000
Total Equity and Debt	5 702 000	6 211 000	10 505 000	11 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,02 %	−24,81 %	104,8 %	986,96 %
Debt-to-Equity Ratio	0	0	1,31	−36,38
Operating Profit Margin	2,65 %	−4,22 %	18,95 %	−4,7 %
Current Ratio	1,78	1,57	1,73	1,4
Quick Ratio	1,78	1,57	1,73	1,4
Equity Ratio	0,44	0,36	0,18	−0,01
Gross Profit Margin	37,97 %	43,72 %	46,65 %	56,71 %