CODEE HOLDING AS

6823 SANDANE

Finances

Return on Equity

−34,57 %

Current Ratio

43,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	175 000	65 000	113 169 000
Net Income	−102 623 000	3 599 000	18 419 000	−175 025 000
Total Assets	298 505 000	415 687 000	410 349 000	628 916 000
Total Equity	296 850 000	399 443 000	406 330 000	244 891 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	175 000	65 000	113 169 000
Expenditure	23 274 000	14 068 000	5 556 000	152 707 000
Operating Profit	−23 113 000	−13 892 000	−5 491 000	−39 537 000
Financial Income	3 370 000	33 159 000	24 940 000	3 194 000
Financial Costs	87 216 000	13 046 000	3 000	146 932 000
Financial Balance	−83 846 000	20 113 000	24 937 000	−143 738 000
Earnings Before Tax	−106 958 000	6 220 000	19 447 000	−183 275 000
Tax	−4 335 000	2 622 000	1 027 000	−8 249 000
Net Income	−102 623 000	3 599 000	18 419 000	−175 025 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 610 000	297 408 000	376 116 000	543 570 000
Total Current Assets	50 895 000	118 279 000	34 233 000	85 347 000
Total Assets	298 505 000	415 687 000	410 349 000	628 916 000
Total Retained Equity	296 700 000	399 323 000	406 210 000	244 771 000
Total Equity	296 850 000	399 443 000	406 330 000	244 891 000
Total Long-Term Debt	478 000	755 000	680 000	284 875 000
Total Current Debt	1 178 000	15 488 000	3 340 000	99 151 000
Total Equity and Debt	298 505 000	415 687 000	410 349 000	628 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	175 000	65 000	113 169 000
Other Income	0	0	0	0
Revenue	160 000	175 000	65 000	113 169 000
Cost of Goods Sold	0	0	0	20 239 000
Salary Costs	2 906 000	7 018 000	3 333 000	60 762 000
Depreciation	41 000	1 182 000	0	57 322 000
Impairment	0	0	0	0
Expenditure	23 274 000	14 068 000	5 556 000	152 707 000
Operating Profit	−23 113 000	−13 892 000	−5 491 000	−39 537 000
Financial Income	3 370 000	33 159 000	24 940 000	3 194 000
Financial Costs	87 216 000	13 046 000	3 000	146 932 000
Financial Balance	−83 846 000	20 113 000	24 937 000	−143 738 000
Dividends	0	10 486 000	0	0
Net Income	−102 623 000	3 599 000	18 419 000	−175 025 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	63 159 000
Total Intangible Assets	4 051 000	0	0	477 747 000
Real Eastate	0	13 011 000	3 384 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	5 358 000	204 000	16 344 000
Total Tangible Assets	122 000	18 369 000	3 588 000	16 344 000
Total Fiancial Fixed Assets	243 436 000	279 039 000	372 529 000	49 478 000
Total Fixed Assets	247 610 000	297 408 000	376 116 000	543 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 853 000	112 816 000	27 819 000	35 628 000
Total Current Assets	50 895 000	118 279 000	34 233 000	85 347 000
Total Assets	298 505 000	415 687 000	410 349 000	628 916 000
Total Equity	296 850 000	399 443 000	406 330 000	244 891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	478 000	755 000	680 000	284 875 000
Creditors	178 000	1 781 000	37 000	5 138 000
Unpaid Taxes	319 000	232 000	58 000	15 285 000
Dividends	0	10 486 000	0	0
Other Current Debt	681 000	10 946 000	2 181 000	76 867 000
Total Current Debt	1 178 000	15 488 000	3 340 000	99 151 000
Total Equity and Debt	298 505 000	415 687 000	410 349 000	628 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,57 %	0,9 %	4,53 %	−71,47 %
Debt-to-Equity Ratio	0	0	0	1,16
Operating Profit Margin	−14 445,63 %	−7 938,29 %	−8 447,69 %	−34,94 %
Current Ratio	43,2	7,64	10,25	0,86
Quick Ratio	43,2	7,64	10,25	0,86
Equity Ratio	0,99	0,96	0,99	0,39
Gross Profit Margin	100 %	100 %	100 %	82,12 %