CODESIGN AS

1734 HAFSLUNDSØY

Finances

Share Ownership

Return on Equity

−1,59 %

Current Ratio

3,13

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 617 000	2 017 000	1 643 000
Net Income	−8 000	−26 000	308 000	86 000
Total Assets	922 000	953 000	1 194 000	420 000
Total Equity	502 000	510 000	536 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 617 000	2 017 000	1 643 000
Expenditure	1 973 000	1 637 000	1 606 000	1 533 000
Operating Profit	4 000	−20 000	411 000	110 000
Financial Income	3 000	4 000	1 000	1 000
Financial Costs	16 000	16 000	16 000	0
Financial Balance	−13 000	−12 000	−15 000	1 000
Earnings Before Tax	−9 000	−33 000	395 000	111 000
Tax	−1 000	−6 000	88 000	24 000
Net Income	−8 000	−26 000	308 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	357 000	412 000	27 000
Total Current Assets	686 000	596 000	782 000	393 000
Total Assets	922 000	953 000	1 194 000	420 000
Total Retained Equity	392 000	400 000	426 000	118 000
Total Equity	502 000	510 000	536 000	228 000
Total Long-Term Debt	201 000	285 000	374 000	1 000
Total Current Debt	219 000	158 000	284 000	191 000
Total Equity and Debt	922 000	953 000	1 194 000	420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 977 000	1 617 000	2 172 000	1 586 000
Other Income	0	0	−155 000	57 000
Revenue	1 977 000	1 617 000	2 017 000	1 643 000
Cost of Goods Sold	665 000	575 000	615 000	524 000
Salary Costs	844 000	702 000	633 000	738 000
Depreciation	115 000	107 000	84 000	1 000
Impairment	0	0	0	0
Expenditure	1 973 000	1 637 000	1 606 000	1 533 000
Operating Profit	4 000	−20 000	411 000	110 000
Financial Income	3 000	4 000	1 000	1 000
Financial Costs	16 000	16 000	16 000	0
Financial Balance	−13 000	−12 000	−15 000	1 000
Dividends	0	0	0	0
Net Income	−8 000	−26 000	308 000	86 000

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	236 000	351 000	412 000	27 000
Total Tangible Assets	236 000	351 000	412 000	27 000
Total Fiancial Fixed Assets	0	6 000	0	0
Total Fixed Assets	236 000	357 000	412 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	474 000	417 000	551 000	215 000
Total Current Assets	686 000	596 000	782 000	393 000
Total Assets	922 000	953 000	1 194 000	420 000
Total Equity	502 000	510 000	536 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	201 000	285 000	374 000	1 000
Creditors	9 000	5 000	40 000	8 000
Unpaid Taxes	135 000	92 000	106 000	83 000
Dividends	0	0	0	0
Other Current Debt	75 000	61 000	58 000	96 000
Total Current Debt	219 000	158 000	284 000	191 000
Total Equity and Debt	922 000	953 000	1 194 000	420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,59 %	−5,1 %	57,46 %	37,72 %
Debt-to-Equity Ratio	0,4	0,56	0,7	0
Operating Profit Margin	0,2 %	−1,24 %	20,38 %	6,7 %
Current Ratio	3,13	3,77	2,75	2,06
Quick Ratio	3,13	3,77	2,75	2,06
Equity Ratio	0,54	0,54	0,45	0,54
Gross Profit Margin	66,36 %	64,44 %	69,51 %	68,11 %