IMPROVE AS

3484 HOLMSBU

Finances

Share Ownership

Return on Equity

−41,45 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 046 000	909 000	931 000	975 000
Net Income	−80 000	−91 000	66 000	38 000
Total Assets	458 000	460 000	586 000	514 000
Total Equity	193 000	273 000	364 000	298 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 046 000	909 000	931 000	975 000
Expenditure	1 126 000	1 000 000	846 000	925 000
Operating Profit	−80 000	−91 000	85 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−80 000	−91 000	85 000	50 000
Tax	0	0	19 000	12 000
Net Income	−80 000	−91 000	66 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	214 000	314 000	185 000
Total Current Assets	344 000	246 000	271 000	329 000
Total Assets	458 000	460 000	586 000	514 000
Total Retained Equity	123 000	203 000	294 000	228 000
Total Equity	193 000	273 000	364 000	298 000
Total Long-Term Debt	15 000	15 000	15 000	11 000
Total Current Debt	250 000	173 000	207 000	205 000
Total Equity and Debt	458 000	460 000	586 000	514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 046 000	909 000	931 000	975 000
Other Income	0	0	0	0
Revenue	1 046 000	909 000	931 000	975 000
Cost of Goods Sold	0	0	0	0
Salary Costs	870 000	748 000	680 000	727 000
Depreciation	100 000	100 000	50 000	47 000
Impairment	0	0	0	0
Expenditure	1 126 000	1 000 000	846 000	925 000
Operating Profit	−80 000	−91 000	85 000	50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−80 000	−91 000	66 000	38 000

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	114 000	214 000	314 000	185 000
Total Tangible Assets	114 000	214 000	314 000	185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 000	214 000	314 000	185 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	150 000	147 000	233 000
Total Current Assets	344 000	246 000	271 000	329 000
Total Assets	458 000	460 000	586 000	514 000
Total Equity	193 000	273 000	364 000	298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	15 000	15 000	11 000
Creditors	52 000	0	12 000	0
Unpaid Taxes	81 000	82 000	85 000	101 000
Dividends	0	0	0	0
Other Current Debt	117 000	90 000	95 000	93 000
Total Current Debt	250 000	173 000	207 000	205 000
Total Equity and Debt	458 000	460 000	586 000	514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,45 %	−33,33 %	18,13 %	12,75 %
Debt-to-Equity Ratio	0,08	0,05	0,04	0,04
Operating Profit Margin	−7,65 %	−10,01 %	9,13 %	5,13 %
Current Ratio	1,38	1,42	1,31	1,6
Quick Ratio	1,38	1,42	1,31	1,6
Equity Ratio	0,42	0,59	0,62	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %