OBAX AS

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

58,1 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 168 000	841 000	1 298 000	760 000
Net Income	312 000	104 000	131 000	−42 000
Total Assets	1 584 000	661 000	584 000	482 000
Total Equity	537 000	224 000	480 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 168 000	841 000	1 298 000	760 000
Expenditure	2 768 000	707 000	1 154 000	803 000
Operating Profit	400 000	134 000	144 000	−42 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	1 000	0	0
Financial Balance	−4 000	−1 000	0	0
Earnings Before Tax	395 000	133 000	144 000	−42 000
Tax	83 000	28 000	13 000	0
Net Income	312 000	104 000	131 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	0	0	0
Total Current Assets	1 436 000	661 000	584 000	482 000
Total Assets	1 584 000	661 000	584 000	482 000
Total Retained Equity	437 000	124 000	380 000	249 000
Total Equity	537 000	224 000	480 000	349 000
Total Long-Term Debt	85 000	3 000	3 000	3 000
Total Current Debt	962 000	434 000	101 000	130 000
Total Equity and Debt	1 584 000	661 000	584 000	482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 168 000	841 000	1 323 000	785 000
Other Income	0	0	−25 000	−25 000
Revenue	3 168 000	841 000	1 298 000	760 000
Cost of Goods Sold	1 250 000	350 000	939 000	475 000
Salary Costs	1 277 000	125 000	158 000	249 000
Depreciation	5 000	0	0	3 000
Impairment	0	0	0	0
Expenditure	2 768 000	707 000	1 154 000	803 000
Operating Profit	400 000	134 000	144 000	−42 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	1 000	0	0
Financial Balance	−4 000	−1 000	0	0
Dividends	0	360 000	0	0
Net Income	312 000	104 000	131 000	−42 000

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	148 000	0	0	0
Total Tangible Assets	148 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	148 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	514 000	621 000	367 000	271 000
Total Current Assets	1 436 000	661 000	584 000	482 000
Total Assets	1 584 000	661 000	584 000	482 000
Total Equity	537 000	224 000	480 000	349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	85 000	3 000	3 000	3 000
Creditors	334 000	−33 000	12 000	1 000
Unpaid Taxes	409 000	48 000	25 000	94 000
Dividends	0	360 000	0	0
Other Current Debt	140 000	30 000	52 000	35 000
Total Current Debt	962 000	434 000	101 000	130 000
Total Equity and Debt	1 584 000	661 000	584 000	482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,1 %	46,43 %	27,29 %	−12,03 %
Debt-to-Equity Ratio	0,16	0,01	0,01	0,01
Operating Profit Margin	12,63 %	15,93 %	11,09 %	−5,53 %
Current Ratio	1,49	1,52	5,78	3,71
Quick Ratio	1,49	1,52	5,78	3,71
Equity Ratio	0,34	0,34	0,82	0,72
Gross Profit Margin	60,54 %	58,38 %	27,66 %	37,5 %