FIRST AUDIO AS

0978 OSLO

Finances

Share Ownership

Return on Equity

35,96 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 928 000	43 640 000	30 447 000	42 751 000
Net Income	3 256 000	2 423 000	935 000	1 079 000
Total Assets	28 891 000	21 843 000	17 072 000	18 717 000
Total Equity	9 054 000	6 698 000	5 055 000	4 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 928 000	43 640 000	30 447 000	42 751 000
Expenditure	52 898 000	40 090 000	28 887 000	40 695 000
Operating Profit	5 028 000	3 550 000	1 561 000	2 055 000
Financial Income	189 000	129 000	149 000	102 000
Financial Costs	996 000	560 000	502 000	758 000
Financial Balance	−807 000	−431 000	−353 000	−656 000
Earnings Before Tax	4 221 000	3 118 000	1 208 000	1 399 000
Tax	965 000	695 000	273 000	320 000
Net Income	3 256 000	2 423 000	935 000	1 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 683 000	394 000	586 000	688 000
Total Current Assets	27 207 000	21 448 000	16 486 000	18 029 000
Total Assets	28 891 000	21 843 000	17 072 000	18 717 000
Total Retained Equity	8 654 000	6 298 000	4 655 000	3 719 000
Total Equity	9 054 000	6 698 000	5 055 000	4 119 000
Total Long-Term Debt	2 484 000	3 367 000	4 475 000	1 131 000
Total Current Debt	17 353 000	11 778 000	7 543 000	13 467 000
Total Equity and Debt	28 891 000	21 843 000	17 072 000	18 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 928 000	43 640 000	30 447 000	42 751 000
Other Income	0	0	0	0
Revenue	57 928 000	43 640 000	30 447 000	42 751 000
Cost of Goods Sold	39 485 000	30 219 000	21 946 000	31 819 000
Salary Costs	7 076 000	5 052 000	3 815 000	5 047 000
Depreciation	428 000	192 000	196 000	192 000
Impairment	0	0	0	0
Expenditure	52 898 000	40 090 000	28 887 000	40 695 000
Operating Profit	5 028 000	3 550 000	1 561 000	2 055 000
Financial Income	189 000	129 000	149 000	102 000
Financial Costs	996 000	560 000	502 000	758 000
Financial Balance	−807 000	−431 000	−353 000	−656 000
Dividends	900 000	780 000	0	0
Net Income	3 256 000	2 423 000	935 000	1 079 000

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	1 683 000	394 000	586 000	688 000
Total Tangible Assets	1 683 000	394 000	586 000	688 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 683 000	394 000	586 000	688 000
Stock	12 830 000	10 373 000	11 017 000	7 949 000
Total Investments	0	0	0	0
Cash, Bank	454 000	468 000	196 000	210 000
Total Current Assets	27 207 000	21 448 000	16 486 000	18 029 000
Total Assets	28 891 000	21 843 000	17 072 000	18 717 000
Total Equity	9 054 000	6 698 000	5 055 000	4 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 484 000	3 367 000	4 475 000	1 131 000
Creditors	3 678 000	1 985 000	2 895 000	3 834 000
Unpaid Taxes	2 570 000	2 581 000	900 000	2 036 000
Dividends	900 000	780 000	0	0
Other Current Debt	1 576 000	1 139 000	437 000	1 019 000
Total Current Debt	17 353 000	11 778 000	7 543 000	13 467 000
Total Equity and Debt	28 891 000	21 843 000	17 072 000	18 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,96 %	36,17 %	18,5 %	26,2 %
Debt-to-Equity Ratio	0,27	0,5	0,89	0,27
Operating Profit Margin	8,68 %	8,13 %	5,13 %	4,81 %
Current Ratio	1,57	1,82	2,19	1,34
Quick Ratio	6,02	15,27	−4,75	3,27
Equity Ratio	0,31	0,31	0,3	0,22
Gross Profit Margin	31,84 %	30,75 %	27,92 %	25,57 %