MODEST DESIGN AS

0467 OSLO

Finances

Share Ownership

Return on Equity

72,63 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 120 000	1 120 000	1 295 000
Net Income	199 000	−43 000	19 000	95 000
Total Assets	580 000	332 000	337 000	409 000
Total Equity	274 000	74 000	118 000	169 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 120 000	1 120 000	1 295 000
Expenditure	1 733 000	1 164 000	1 095 000	1 173 000
Operating Profit	244 000	−43 000	24 000	121 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	244 000	−43 000	24 000	121 000
Tax	44 000	0	5 000	27 000
Net Income	199 000	−43 000	19 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	16 000	22 000	13 000
Total Current Assets	567 000	316 000	315 000	396 000
Total Assets	580 000	332 000	337 000	409 000
Total Retained Equity	0	0	0	0
Total Equity	274 000	74 000	118 000	169 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	306 000	258 000	220 000	240 000
Total Equity and Debt	580 000	332 000	337 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 977 000	1 120 000	1 120 000	1 295 000
Other Income	0	0	0	0
Revenue	1 977 000	1 120 000	1 120 000	1 295 000
Cost of Goods Sold	168 000	35 000	4 000	135 000
Salary Costs	1 034 000	834 000	827 000	749 000
Depreciation	3 000	7 000	10 000	8 000
Impairment	0	0	0	0
Expenditure	1 733 000	1 164 000	1 095 000	1 173 000
Operating Profit	244 000	−43 000	24 000	121 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	20 000	0
Net Income	199 000	−43 000	19 000	95 000

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	13 000	16 000	22 000	0
Fixtures	0	0	0	13 000
Total Tangible Assets	13 000	16 000	22 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	16 000	22 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	188 000	247 000	378 000
Total Current Assets	567 000	316 000	315 000	396 000
Total Assets	580 000	332 000	337 000	409 000
Total Equity	274 000	74 000	118 000	169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	75 000	23 000	19 000
Unpaid Taxes	128 000	104 000	92 000	129 000
Dividends	0	0	20 000	0
Other Current Debt	92 000	79 000	80 000	65 000
Total Current Debt	306 000	258 000	220 000	240 000
Total Equity and Debt	580 000	332 000	337 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,63 %	−58,11 %	16,1 %	56,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,34 %	−3,84 %	2,14 %	9,34 %
Current Ratio	1,85	1,22	1,43	1,65
Quick Ratio	1,85	1,22	1,43	1,65
Equity Ratio	0,47	0,22	0,35	0,41
Gross Profit Margin	91,5 %	96,88 %	99,64 %	89,58 %