COBIT AS

6003 ÅLESUND

Finances

Return on Equity

145,32 %

Current Ratio

0,86

Debt-to-Equity Ratio

5,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 282 000	112 823 000	90 408 000	94 766 000
Net Income	1 427 000	1 220 000	446 000	587 000
Total Assets	23 091 000	18 893 000	10 455 000	14 655 000
Total Equity	982 000	641 000	−579 000	−1 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 282 000	112 823 000	90 408 000	94 766 000
Expenditure	147 371 000	111 281 000	89 728 000	93 956 000
Operating Profit	1 911 000	1 543 000	679 000	810 000
Financial Income	203 000	377 000	329 000	198 000
Financial Costs	275 000	353 000	434 000	225 000
Financial Balance	−72 000	24 000	−105 000	−27 000
Earnings Before Tax	1 839 000	1 567 000	574 000	783 000
Tax	411 000	347 000	128 000	196 000
Net Income	1 427 000	1 220 000	446 000	587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 658 000	6 092 000	3 220 000	2 970 000
Total Current Assets	14 433 000	12 802 000	7 236 000	11 686 000
Total Assets	23 091 000	18 893 000	10 455 000	14 655 000
Total Retained Equity	482 000	141 000	−1 079 000	−1 525 000
Total Equity	982 000	641 000	−579 000	−1 025 000
Total Long-Term Debt	5 373 000	3 589 000	1 356 000	1 293 000
Total Current Debt	16 737 000	14 663 000	9 679 000	14 387 000
Total Equity and Debt	23 091 000	18 893 000	10 455 000	14 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 078 000	112 732 000	90 372 000	94 766 000
Other Income	203 000	91 000	36 000	0
Revenue	149 282 000	112 823 000	90 408 000	94 766 000
Cost of Goods Sold	134 982 000	101 623 000	81 483 000	85 226 000
Salary Costs	6 804 000	5 658 000	4 768 000	5 099 000
Depreciation	1 525 000	949 000	531 000	373 000
Impairment	0	0	0	0
Expenditure	147 371 000	111 281 000	89 728 000	93 956 000
Operating Profit	1 911 000	1 543 000	679 000	810 000
Financial Income	203 000	377 000	329 000	198 000
Financial Costs	275 000	353 000	434 000	225 000
Financial Balance	−72 000	24 000	−105 000	−27 000
Dividends	0	0	0	0
Net Income	1 427 000	1 220 000	446 000	587 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	121 000
Real Eastate	177 000	149 000	176 000	204 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 001 000	4 553 000	2 435 000	2 021 000
Total Tangible Assets	7 178 000	4 702 000	2 612 000	2 226 000
Total Fiancial Fixed Assets	1 480 000	1 390 000	608 000	623 000
Total Fixed Assets	8 658 000	6 092 000	3 220 000	2 970 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 783 000	2 008 000	1 288 000	2 891 000
Total Current Assets	14 433 000	12 802 000	7 236 000	11 686 000
Total Assets	23 091 000	18 893 000	10 455 000	14 655 000
Total Equity	982 000	641 000	−579 000	−1 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 373 000	3 589 000	1 356 000	1 293 000
Creditors	13 217 000	12 127 000	7 943 000	12 327 000
Unpaid Taxes	561 000	465 000	349 000	353 000
Dividends	0	0	0	0
Other Current Debt	2 958 000	2 071 000	1 387 000	1 707 000
Total Current Debt	16 737 000	14 663 000	9 679 000	14 387 000
Total Equity and Debt	23 091 000	18 893 000	10 455 000	14 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,32 %	190,33 %	−77,03 %	−57,27 %
Debt-to-Equity Ratio	5,47	5,6	−2,34	−1,26
Operating Profit Margin	1,28 %	1,37 %	0,75 %	0,85 %
Current Ratio	0,86	0,87	0,75	0,81
Quick Ratio	0,86	0,87	0,75	0,81
Equity Ratio	0,04	0,03	−0,06	−0,07
Gross Profit Margin	9,58 %	9,93 %	9,87 %	10,07 %