SHARP REFLECTIONS AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

17,36 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 210 000	29 523 000	31 282 000	24 357 000
Net Income	2 068 000	2 877 000	3 829 000	1 405 000
Total Assets	49 002 000	48 718 000	33 461 000	14 393 000
Total Equity	11 912 000	9 845 000	6 967 000	3 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 210 000	29 523 000	31 282 000	24 357 000
Expenditure	31 298 000	26 147 000	26 325 000	22 516 000
Operating Profit	2 911 000	3 375 000	4 957 000	1 841 000
Financial Income	564 000	831 000	527 000	153 000
Financial Costs	978 000	641 000	632 000	362 000
Financial Balance	−414 000	190 000	−105 000	−209 000
Earnings Before Tax	2 498 000	3 565 000	4 851 000	1 632 000
Tax	431 000	688 000	1 022 000	228 000
Net Income	2 068 000	2 877 000	3 829 000	1 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 414 000	11 028 000	9 034 000	282 000
Total Current Assets	37 588 000	37 690 000	24 427 000	14 111 000
Total Assets	49 002 000	48 718 000	33 461 000	14 393 000
Total Retained Equity	11 812 000	9 745 000	6 867 000	3 038 000
Total Equity	11 912 000	9 845 000	6 967 000	3 138 000
Total Long-Term Debt	4 643 000	10 486 000	16 924 000	320 000
Total Current Debt	32 446 000	28 387 000	9 569 000	10 935 000
Total Equity and Debt	49 002 000	48 718 000	33 461 000	14 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 526 000	24 431 000	25 120 000	22 376 000
Other Income	4 684 000	5 092 000	6 163 000	1 980 000
Revenue	34 210 000	29 523 000	31 282 000	24 357 000
Cost of Goods Sold	11 636 000	12 113 000	13 304 000	8 754 000
Salary Costs	8 864 000	5 619 000	4 951 000	8 497 000
Depreciation	3 242 000	2 592 000	1 232 000	73 000
Impairment	0	0	0	0
Expenditure	31 298 000	26 147 000	26 325 000	22 516 000
Operating Profit	2 911 000	3 375 000	4 957 000	1 841 000
Financial Income	564 000	831 000	527 000	153 000
Financial Costs	978 000	641 000	632 000	362 000
Financial Balance	−414 000	190 000	−105 000	−209 000
Dividends	0	0	0	0
Net Income	2 068 000	2 877 000	3 829 000	1 405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 243 000	10 606 000	8 836 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 171 000	422 000	151 000	218 000
Total Tangible Assets	1 171 000	422 000	151 000	218 000
Total Fiancial Fixed Assets	0	0	47 000	37 000
Total Fixed Assets	11 414 000	11 028 000	9 034 000	282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 854 000	16 128 000	20 142 000	2 335 000
Total Current Assets	37 588 000	37 690 000	24 427 000	14 111 000
Total Assets	49 002 000	48 718 000	33 461 000	14 393 000
Total Equity	11 912 000	9 845 000	6 967 000	3 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 643 000	10 486 000	16 924 000	320 000
Creditors	2 404 000	14 251 000	3 059 000	5 233 000
Unpaid Taxes	3 500 000	3 328 000	1 005 000	967 000
Dividends	0	0	0	0
Other Current Debt	19 502 000	10 077 000	4 492 000	4 756 000
Total Current Debt	32 446 000	28 387 000	9 569 000	10 935 000
Total Equity and Debt	49 002 000	48 718 000	33 461 000	14 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,36 %	29,22 %	54,96 %	44,77 %
Debt-to-Equity Ratio	0,39	1,07	2,43	0,1
Operating Profit Margin	8,51 %	11,43 %	15,85 %	7,56 %
Current Ratio	1,16	1,33	2,55	1,29
Quick Ratio	1,16	1,33	2,55	1,29
Equity Ratio	0,24	0,2	0,21	0,22
Gross Profit Margin	65,99 %	58,97 %	57,47 %	64,06 %