4TEST INSTRUMENT AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

196,5 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 253 000	33 057 000	18 650 000	12 098 000
Net Income	3 930 000	3 900 000	873 000	−1 261 000
Total Assets	11 144 000	11 189 000	5 866 000	3 354 000
Total Equity	2 000 000	2 000 000	1 348 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 253 000	33 057 000	18 650 000	12 098 000
Expenditure	27 213 000	28 066 000	17 539 000	13 721 000
Operating Profit	5 040 000	4 991 000	1 111 000	−1 623 000
Financial Income	3 000	9 000	8 000	7 000
Financial Costs	2 000	0	0	0
Financial Balance	1 000	9 000	8 000	7 000
Earnings Before Tax	5 041 000	4 999 000	1 119 000	−1 616 000
Tax	1 111 000	1 100 000	246 000	−356 000
Net Income	3 930 000	3 900 000	873 000	−1 261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	545 000	903 000
Total Current Assets	11 144 000	11 189 000	5 320 000	2 451 000
Total Assets	11 144 000	11 189 000	5 866 000	3 354 000
Total Retained Equity	264 000	264 000	−388 000	−1 261 000
Total Equity	2 000 000	2 000 000	1 348 000	475 000
Total Long-Term Debt	0	0	396 000	446 000
Total Current Debt	9 144 000	9 189 000	4 122 000	2 432 000
Total Equity and Debt	11 144 000	11 189 000	5 866 000	3 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 253 000	33 045 000	18 599 000	12 098 000
Other Income	0	12 000	51 000	0
Revenue	32 253 000	33 057 000	18 650 000	12 098 000
Cost of Goods Sold	21 831 000	22 881 000	13 210 000	8 455 000
Salary Costs	3 449 000	3 417 000	2 637 000	3 795 000
Depreciation	0	93 000	111 000	9 000
Impairment	0	0	0	0
Expenditure	27 213 000	28 066 000	17 539 000	13 721 000
Operating Profit	5 040 000	4 991 000	1 111 000	−1 623 000
Financial Income	3 000	9 000	8 000	7 000
Financial Costs	2 000	0	0	0
Financial Balance	1 000	9 000	8 000	7 000
Dividends	3 930 000	3 248 000	0	0
Net Income	3 930 000	3 900 000	873 000	−1 261 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	109 000	356 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	436 000	548 000
Total Tangible Assets	0	0	436 000	548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	545 000	903 000
Stock	600 000	338 000	607 000	37 000
Total Investments	0	0	0	0
Cash, Bank	4 718 000	1 455 000	1 239 000	564 000
Total Current Assets	11 144 000	11 189 000	5 320 000	2 451 000
Total Assets	11 144 000	11 189 000	5 866 000	3 354 000
Total Equity	2 000 000	2 000 000	1 348 000	475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	396 000	446 000
Creditors	1 172 000	1 184 000	2 435 000	1 382 000
Unpaid Taxes	2 174 000	2 727 000	1 339 000	1 050 000
Dividends	3 930 000	3 248 000	0	0
Other Current Debt	758 000	1 040 000	348 000	0
Total Current Debt	9 144 000	9 189 000	4 122 000	2 432 000
Total Equity and Debt	11 144 000	11 189 000	5 866 000	3 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	196,5 %	195 %	64,76 %	−265,47 %
Debt-to-Equity Ratio	0	0	0,29	0,94
Operating Profit Margin	15,63 %	15,1 %	5,96 %	−13,42 %
Current Ratio	1,22	1,22	1,29	1,01
Quick Ratio	1,3	1,26	1,51	1,02
Equity Ratio	0,18	0,18	0,23	0,14
Gross Profit Margin	32,31 %	30,78 %	29,17 %	30,11 %