MADE IN HEAVEN AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

64,46 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 927 000	5 830 000	4 690 000	4 276 000
Net Income	720 000	603 000	218 000	138 000
Total Assets	2 468 000	2 119 000	1 508 000	1 395 000
Total Equity	1 117 000	696 000	393 000	526 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 927 000	5 830 000	4 690 000	4 276 000
Expenditure	5 001 000	5 044 000	4 406 000	4 095 000
Operating Profit	926 000	786 000	284 000	181 000
Financial Income	0	0	1 000	2 000
Financial Costs	2 000	1 000	2 000	2 000
Financial Balance	−2 000	−1 000	−1 000	0
Earnings Before Tax	925 000	785 000	284 000	182 000
Tax	204 000	182 000	66 000	44 000
Net Income	720 000	603 000	218 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	35 000	76 000	93 000
Total Current Assets	2 450 000	2 084 000	1 432 000	1 302 000
Total Assets	2 468 000	2 119 000	1 508 000	1 395 000
Total Retained Equity	1 017 000	596 000	293 000	426 000
Total Equity	1 117 000	696 000	393 000	526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 351 000	1 422 000	1 115 000	869 000
Total Equity and Debt	2 468 000	2 119 000	1 508 000	1 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 927 000	5 822 000	4 657 000	4 274 000
Other Income	0	8 000	32 000	2 000
Revenue	5 927 000	5 830 000	4 690 000	4 276 000
Cost of Goods Sold	713 000	781 000	769 000	605 000
Salary Costs	3 256 000	3 382 000	2 711 000	2 460 000
Depreciation	16 000	32 000	31 000	87 000
Impairment	0	0	0	0
Expenditure	5 001 000	5 044 000	4 406 000	4 095 000
Operating Profit	926 000	786 000	284 000	181 000
Financial Income	0	0	1 000	2 000
Financial Costs	2 000	1 000	2 000	2 000
Financial Balance	−2 000	−1 000	−1 000	0
Dividends	300 000	300 000	200 000	150 000
Net Income	720 000	603 000	218 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	35 000	67 000	81 000
Total Tangible Assets	19 000	35 000	67 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	35 000	76 000	93 000
Stock	265 000	201 000	224 000	292 000
Total Investments	0	0	0	0
Cash, Bank	1 943 000	1 795 000	1 166 000	959 000
Total Current Assets	2 450 000	2 084 000	1 432 000	1 302 000
Total Assets	2 468 000	2 119 000	1 508 000	1 395 000
Total Equity	1 117 000	696 000	393 000	526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	106 000	69 000	120 000
Unpaid Taxes	461 000	463 000	404 000	268 000
Dividends	300 000	300 000	200 000	150 000
Other Current Debt	333 000	381 000	378 000	296 000
Total Current Debt	1 351 000	1 422 000	1 115 000	869 000
Total Equity and Debt	2 468 000	2 119 000	1 508 000	1 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,46 %	86,64 %	55,47 %	26,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,62 %	13,48 %	6,06 %	4,23 %
Current Ratio	1,81	1,47	1,28	1,5
Quick Ratio	2,26	1,71	1,61	2,26
Equity Ratio	0,45	0,33	0,26	0,38
Gross Profit Margin	87,97 %	86,6 %	83,6 %	85,85 %