EXCELLENCE ONLY AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

35,9 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	246 000	264 000	717 000
Net Income	42 000	98 000	106 000	429 000
Total Assets	293 000	269 000	511 000	850 000
Total Equity	117 000	175 000	406 000	670 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	246 000	264 000	717 000
Expenditure	106 000	120 000	128 000	168 000
Operating Profit	54 000	126 000	136 000	550 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	54 000	126 000	136 000	550 000
Tax	12 000	28 000	30 000	121 000
Net Income	42 000	98 000	106 000	429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	40 000
Total Current Assets	293 000	269 000	511 000	810 000
Total Assets	293 000	269 000	511 000	850 000
Total Retained Equity	67 000	125 000	356 000	620 000
Total Equity	117 000	175 000	406 000	670 000
Total Long-Term Debt	35 000	35 000	0	0
Total Current Debt	141 000	59 000	105 000	180 000
Total Equity and Debt	293 000	269 000	511 000	850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	246 000	264 000	717 000
Other Income	0	0	0	0
Revenue	160 000	246 000	264 000	717 000
Cost of Goods Sold	0	0	0	0
Salary Costs	78 000	91 000	49 000	52 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	106 000	120 000	128 000	168 000
Operating Profit	54 000	126 000	136 000	550 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	80 000	370 000
Net Income	42 000	98 000	106 000	429 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	40 000
Total Fixed Assets	0	0	0	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	184 000	397 000	728 000
Total Current Assets	293 000	269 000	511 000	810 000
Total Assets	293 000	269 000	511 000	850 000
Total Equity	117 000	175 000	406 000	670 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	35 000	0	0
Creditors	1 000	0	0	34 000
Unpaid Taxes	15 000	27 000	29 000	13 000
Dividends	0	0	80 000	370 000
Other Current Debt	13 000	5 000	46 000	11 000
Total Current Debt	141 000	59 000	105 000	180 000
Total Equity and Debt	293 000	269 000	511 000	850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,9 %	56 %	26,11 %	64,03 %
Debt-to-Equity Ratio	0,3	0,2	0	0
Operating Profit Margin	33,75 %	51,22 %	51,52 %	76,71 %
Current Ratio	2,08	4,56	4,87	4,5
Quick Ratio	2,08	4,56	4,87	4,5
Equity Ratio	0,4	0,65	0,79	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %