CODEIT AS

0661 OSLO

Finances

Share Ownership

Return on Equity

8,61 %

Current Ratio

2,56

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 689 000	66 679 000	56 973 000	55 484 000
Net Income	1 886 000	3 766 000	2 610 000	3 834 000
Total Assets	33 751 000	31 153 000	26 108 000	25 236 000
Total Equity	21 907 000	21 522 000	17 756 000	16 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 689 000	66 679 000	56 973 000	55 484 000
Expenditure	69 986 000	62 879 000	55 388 000	50 876 000
Operating Profit	1 703 000	3 800 000	1 584 000	4 608 000
Financial Income	660 000	567 000	1 237 000	233 000
Financial Costs	575 000	602 000	438 000	402 000
Financial Balance	85 000	−35 000	799 000	−169 000
Earnings Before Tax	1 788 000	3 765 000	2 383 000	4 439 000
Tax	−98 000	−1 000	−227 000	605 000
Net Income	1 886 000	3 766 000	2 610 000	3 834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 925 000	488 000	579 000	708 000
Total Current Assets	29 826 000	30 665 000	25 529 000	24 528 000
Total Assets	33 751 000	31 153 000	26 108 000	25 236 000
Total Retained Equity	21 225 000	20 840 000	17 074 000	15 665 000
Total Equity	21 907 000	21 522 000	17 756 000	16 347 000
Total Long-Term Debt	210 000	302 000	393 000	479 000
Total Current Debt	11 634 000	9 328 000	7 959 000	8 411 000
Total Equity and Debt	33 751 000	31 153 000	26 108 000	25 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 617 000	65 641 000	53 323 000	48 478 000
Other Income	1 072 000	1 039 000	3 650 000	7 006 000
Revenue	71 689 000	66 679 000	56 973 000	55 484 000
Cost of Goods Sold	41 752 000	38 108 000	31 584 000	26 580 000
Salary Costs	18 315 000	16 320 000	12 994 000	13 392 000
Depreciation	145 000	123 000	115 000	153 000
Impairment	0	0	0	0
Expenditure	69 986 000	62 879 000	55 388 000	50 876 000
Operating Profit	1 703 000	3 800 000	1 584 000	4 608 000
Financial Income	660 000	567 000	1 237 000	233 000
Financial Costs	575 000	602 000	438 000	402 000
Financial Balance	85 000	−35 000	799 000	−169 000
Dividends	0	0	1 200 000	1 200 000
Net Income	1 886 000	3 766 000	2 610 000	3 834 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 198 000	146 000	91 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	577 000	264 000	344 000	459 000
Total Tangible Assets	577 000	264 000	344 000	459 000
Total Fiancial Fixed Assets	150 000	78 000	143 000	222 000
Total Fixed Assets	3 925 000	488 000	579 000	708 000
Stock	2 933 000	2 442 000	1 695 000	1 457 000
Total Investments	0	0	0	0
Cash, Bank	6 229 000	11 778 000	10 685 000	9 185 000
Total Current Assets	29 826 000	30 665 000	25 529 000	24 528 000
Total Assets	33 751 000	31 153 000	26 108 000	25 236 000
Total Equity	21 907 000	21 522 000	17 756 000	16 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	302 000	393 000	479 000
Creditors	5 415 000	4 919 000	3 873 000	3 436 000
Unpaid Taxes	4 328 000	2 300 000	1 843 000	2 029 000
Dividends	0	0	1 200 000	1 200 000
Other Current Debt	1 890 000	2 055 000	2 243 000	2 559 000
Total Current Debt	11 634 000	9 328 000	7 959 000	8 411 000
Total Equity and Debt	33 751 000	31 153 000	26 108 000	25 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,61 %	17,5 %	14,7 %	23,45 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,03
Operating Profit Margin	2,38 %	5,7 %	2,78 %	8,31 %
Current Ratio	2,56	3,29	3,21	2,92
Quick Ratio	3,43	4,45	4,08	3,53
Equity Ratio	0,65	0,69	0,68	0,65
Gross Profit Margin	41,76 %	42,85 %	44,56 %	52,09 %