DESIGN&PRACTICE AS

4033 STAVANGER

Finances

Return on Equity

51,17 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 509 000	2 489 000	3 422 000	2 163 000
Net Income	680 000	508 000	1 318 000	−390 000
Total Assets	1 874 000	1 736 000	2 267 000	1 171 000
Total Equity	1 329 000	1 249 000	1 741 000	422 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 509 000	2 489 000	3 422 000	2 163 000
Expenditure	2 046 000	1 838 000	2 055 000	2 543 000
Operating Profit	463 000	651 000	1 366 000	−379 000
Financial Income	322 000	1 000	1 000	1 000
Financial Costs	0	0	1 000	13 000
Financial Balance	322 000	1 000	0	−12 000
Earnings Before Tax	785 000	652 000	1 366 000	−390 000
Tax	105 000	143 000	48 000	0
Net Income	680 000	508 000	1 318 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 030 000	1 036 000	1 015 000	187 000
Total Current Assets	845 000	700 000	1 252 000	984 000
Total Assets	1 874 000	1 736 000	2 267 000	1 171 000
Total Retained Equity	1 299 000	1 219 000	1 711 000	392 000
Total Equity	1 329 000	1 249 000	1 741 000	422 000
Total Long-Term Debt	2 000	2 000	1 000	0
Total Current Debt	544 000	485 000	525 000	748 000
Total Equity and Debt	1 874 000	1 736 000	2 267 000	1 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 714 000	2 237 000	3 724 000	2 129 000
Other Income	−206 000	252 000	−303 000	35 000
Revenue	2 509 000	2 489 000	3 422 000	2 163 000
Cost of Goods Sold	11 000	121 000	82 000	0
Salary Costs	1 881 000	1 578 000	1 834 000	2 341 000
Depreciation	6 000	2 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	2 046 000	1 838 000	2 055 000	2 543 000
Operating Profit	463 000	651 000	1 366 000	−379 000
Financial Income	322 000	1 000	1 000	1 000
Financial Costs	0	0	1 000	13 000
Financial Balance	322 000	1 000	0	−12 000
Dividends	600 000	1 000 000	0	0
Net Income	680 000	508 000	1 318 000	−390 000

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	21 000	27 000	5 000	18 000
Total Tangible Assets	21 000	27 000	5 000	18 000
Total Fiancial Fixed Assets	1 008 000	1 009 000	1 009 000	168 000
Total Fixed Assets	1 030 000	1 036 000	1 015 000	187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	440 000	371 000	894 000	373 000
Total Current Assets	845 000	700 000	1 252 000	984 000
Total Assets	1 874 000	1 736 000	2 267 000	1 171 000
Total Equity	1 329 000	1 249 000	1 741 000	422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	1 000	0
Creditors	1 000	1 000	29 000	2 000
Unpaid Taxes	287 000	226 000	303 000	542 000
Dividends	600 000	1 000 000	0	0
Other Current Debt	151 000	116 000	146 000	205 000
Total Current Debt	544 000	485 000	525 000	748 000
Total Equity and Debt	1 874 000	1 736 000	2 267 000	1 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,17 %	40,67 %	75,7 %	−92,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,45 %	26,16 %	39,92 %	−17,52 %
Current Ratio	1,55	1,44	2,38	1,32
Quick Ratio	1,55	1,44	2,38	1,32
Equity Ratio	0,71	0,72	0,77	0,36
Gross Profit Margin	99,56 %	95,14 %	97,6 %	100 %