FINANCIAL RATIOS

2019 2020 2021 2022 2023

Liquidity Ratios

Current Assets 1,246,470.54 2,113,759 3,589,823.81 5,411,233 8,956,551

Current Liabilities 238348.56 285046.27 553,050.28 702,855 1,443,473

1. Current Ratio = 5.23 7.42 6.49 7.70 6.20

Activity/Efficiency Ratios

Cost of Services 88000.00 94000.00 100000.00 108000.00 120000.00

Ave. Inventory 12000.00 22500.00 52000.00 78000.00 101250.00

1. Inventory Turnover = 7.33 4.18 1.92 1.38 1.19

360 Days 360 360 360 360 360

Inventory Turnover 7.33 4.18 1.92 1.38 1.19

2. Ave. Sales Period (in days) = 49 86 187 260 304

Service Revenue 1680000.00 2258025.00 3168238.50 4447285.29 6505646.84

Ave. Total Assets 3901893.04 4156357.63 4715210.73 5446736.29 7040216.11

3. Total Assets Turnover = 0.43 0.54 0.67 0.82 0.92

Total Liabilities 238,348.56 285,046.27 553,050.28 702,855.00 1,443,473.00

Total Assets 7,803,786.04 8,312,715.26 9,430,421.46 10,893,472.57 14,080,432.23

1. Debt Ratio 0.03 0.03 0.06 0.06 0.10

Total Liabilities 238,348.56 285,046.27 553,050.28 702,855.00 1,443,473.00

Total Equity 7,565,435.87 8,074,366.15 9,192,072.45 10,655,123.66 13,842,083.16

2. Debt to Equity Ratio 0.03 0.04 0.06 0.07 0.10

Profitability:

Gross Profit 1,281,437.81 1,593,095.81 2,631,989.19 3,402,939.53 6,113,692.14

Service Revenue 1,680,000.00 2,258,025.00 3,168,238.50 4,447,285.29 6,505,646.84

1. Gross Profit Margin 0.76 0.71 0.83 0.77 0.94

Net Income 410435.62 553930.27 1162706.3 1508051.21 3231959.76

Ave. Total Assets 3901893.04 4156357.63 4715210.73 5446736.29 7040216.11

2. Return on Assets (ROA) 0.11 0.13 0.25 0.28 0.46

Net Income 410,435.62 553,930.27 1,162,706.30 1,508,051.21 3,231,959.76

Ave. Owners’ Equity 3,782,717.94 4,037,183.08 4,596,036.23 5,327,561.83 6,921,041.58

3. Return on Equity 0.11 0.14 0.25 0.28 0.47