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Finances

Return on Equity

15,15 %

Current Ratio

7,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 825 000	11 776 000	9 312 000	11 600 000
Net Income	1 582 000	1 288 000	1 613 000	903 000
Total Assets	11 980 000	11 245 000	9 059 000	8 702 000
Total Equity	10 443 000	8 861 000	7 573 000	6 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 825 000	11 776 000	9 312 000	11 600 000
Expenditure	10 748 000	9 945 000	7 355 000	10 394 000
Operating Profit	2 078 000	1 831 000	1 957 000	1 205 000
Financial Income	2 000	2 000	1 000	3 000
Financial Costs	4 000	3 000	3 000	3 000
Financial Balance	−2 000	−1 000	−2 000	0
Earnings Before Tax	2 076 000	1 829 000	1 955 000	1 206 000
Tax	494 000	541 000	342 000	303 000
Net Income	1 582 000	1 288 000	1 613 000	903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	319 000	352 000	44 000	44 000
Total Current Assets	11 660 000	10 893 000	9 015 000	8 658 000
Total Assets	11 980 000	11 245 000	9 059 000	8 702 000
Total Retained Equity	10 343 000	8 761 000	7 473 000	6 055 000
Total Equity	10 443 000	8 861 000	7 573 000	6 155 000
Total Long-Term Debt	0	569 000	319 000	499 000
Total Current Debt	1 537 000	1 815 000	1 167 000	2 048 000
Total Equity and Debt	11 980 000	11 245 000	9 059 000	8 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 817 000	10 686 000	9 611 000	11 060 000
Other Income	8 000	1 090 000	−299 000	540 000
Revenue	12 825 000	11 776 000	9 312 000	11 600 000
Cost of Goods Sold	6 891 000	5 769 000	4 695 000	5 721 000
Salary Costs	1 199 000	1 308 000	1 033 000	966 000
Depreciation	71 000	64 000	0	18 000
Impairment	0	0	0	0
Expenditure	10 748 000	9 945 000	7 355 000	10 394 000
Operating Profit	2 078 000	1 831 000	1 957 000	1 205 000
Financial Income	2 000	2 000	1 000	3 000
Financial Costs	4 000	3 000	3 000	3 000
Financial Balance	−2 000	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	1 582 000	1 288 000	1 613 000	903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 000	0	0	0
Machinery and Plant Facilities	192 000	222 000	0	0
Fixtures	85 000	99 000	13 000	13 000
Total Tangible Assets	288 000	321 000	13 000	13 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	319 000	352 000	44 000	44 000
Stock	1 140 000	1 245 000	1 177 000	969 000
Total Investments	0	0	0	0
Cash, Bank	7 653 000	7 582 000	5 548 000	6 555 000
Total Current Assets	11 660 000	10 893 000	9 015 000	8 658 000
Total Assets	11 980 000	11 245 000	9 059 000	8 702 000
Total Equity	10 443 000	8 861 000	7 573 000	6 155 000
Short-Term Group Debt	0	0	250 000	70 000
Total Long-Term Debt	0	569 000	319 000	499 000
Creditors	−67 000	335 000	0	989 000
Unpaid Taxes	662 000	582 000	498 000	549 000
Dividends	0	0	0	0
Other Current Debt	448 000	358 000	132 000	137 000
Total Current Debt	1 537 000	1 815 000	1 167 000	2 048 000
Total Equity and Debt	11 980 000	11 245 000	9 059 000	8 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,15 %	14,54 %	21,3 %	14,67 %
Debt-to-Equity Ratio	0	0,06	0,04	0,08
Operating Profit Margin	16,2 %	15,55 %	21,02 %	10,39 %
Current Ratio	7,59	6	7,72	4,23
Quick Ratio	29,37	19,11	−901,5	8,02
Equity Ratio	0,87	0,79	0,84	0,71
Gross Profit Margin	46,27 %	51,01 %	49,58 %	50,68 %