AZOREA AS

6210 VALLDAL

Finances

Return on Equity

225,79 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 315 000	3 004 000	5 061 000	7 296 000
Net Income	−429 000	−186 000	1 591 000	3 213 000
Total Assets	554 000	1 088 000	3 074 000	5 670 000
Total Equity	−190 000	239 000	425 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 315 000	3 004 000	5 061 000	7 296 000
Expenditure	2 724 000	3 183 000	3 095 000	3 256 000
Operating Profit	−409 000	−179 000	1 965 000	4 040 000
Financial Income	0	13 000	95 000	98 000
Financial Costs	20 000	19 000	13 000	12 000
Financial Balance	−20 000	−6 000	82 000	86 000
Earnings Before Tax	−429 000	−186 000	2 047 000	4 125 000
Tax	0	0	456 000	912 000
Net Income	−429 000	−186 000	1 591 000	3 213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	150 000	11 000	28 000
Total Current Assets	404 000	938 000	3 064 000	5 642 000
Total Assets	554 000	1 088 000	3 074 000	5 670 000
Total Retained Equity	−391 000	37 000	223 000	232 000
Total Equity	−190 000	239 000	425 000	434 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	744 000	848 000	2 649 000	5 236 000
Total Equity and Debt	554 000	1 088 000	3 074 000	5 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 315 000	3 004 000	5 061 000	7 296 000
Other Income	0	0	0	0
Revenue	2 315 000	3 004 000	5 061 000	7 296 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 095 000	2 854 000	2 773 000	2 833 000
Depreciation	0	11 000	17 000	10 000
Impairment	0	0	0	0
Expenditure	2 724 000	3 183 000	3 095 000	3 256 000
Operating Profit	−409 000	−179 000	1 965 000	4 040 000
Financial Income	0	13 000	95 000	98 000
Financial Costs	20 000	19 000	13 000	12 000
Financial Balance	−20 000	−6 000	82 000	86 000
Dividends	0	0	1 600 000	6 650 000
Net Income	−429 000	−186 000	1 591 000	3 213 000

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	0	0	11 000	28 000
Total Tangible Assets	0	0	11 000	28 000
Total Fiancial Fixed Assets	150 000	150 000	0	0
Total Fixed Assets	150 000	150 000	11 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	467 000	1 396 000	102 000
Total Current Assets	404 000	938 000	3 064 000	5 642 000
Total Assets	554 000	1 088 000	3 074 000	5 670 000
Total Equity	−190 000	239 000	425 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	0	42 000	55 000
Unpaid Taxes	210 000	525 000	261 000	856 000
Dividends	0	0	1 600 000	6 650 000
Other Current Debt	221 000	323 000	290 000	262 000
Total Current Debt	744 000	848 000	2 649 000	5 236 000
Total Equity and Debt	554 000	1 088 000	3 074 000	5 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	225,79 %	−77,82 %	374,35 %	740,32 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−17,67 %	−5,96 %	38,83 %	55,37 %
Current Ratio	0,54	1,11	1,16	1,08
Quick Ratio	0,54	1,11	1,16	1,08
Equity Ratio	−0,34	0,22	0,14	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %