MARCHFIRST MANAGEMENT AS

0250 OSLO

Finances

Return on Equity

16,9 %

Current Ratio

2,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 522 000	4 731 000	3 558 000	0
Net Income	2 159 000	30 133 000	755 000	3 519 000
Total Assets	15 454 000	12 844 000	16 571 000	10 098 000
Total Equity	12 774 000	12 227 000	−19 000 000	−19 755 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 522 000	4 731 000	3 558 000	0
Expenditure	3 756 000	3 619 000	2 810 000	31 000
Operating Profit	2 766 000	1 113 000	748 000	−31 000
Financial Income	1 000	28 104 000	20 000	3 552 000
Financial Costs	0	1 000	12 000	2 000
Financial Balance	1 000	28 103 000	8 000	3 550 000
Earnings Before Tax	2 768 000	29 216 000	755 000	3 519 000
Tax	609 000	−917 000	0	0
Net Income	2 159 000	30 133 000	755 000	3 519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 083 000	10 512 000	10 275 000	8 871 000
Total Current Assets	6 370 000	2 332 000	6 296 000	1 227 000
Total Assets	15 454 000	12 844 000	16 571 000	10 098 000
Total Retained Equity	11 580 000	11 033 000	−19 100 000	−19 855 000
Total Equity	12 774 000	12 227 000	−19 000 000	−19 755 000
Total Long-Term Debt	0	0	17 350 000	12 056 000
Total Current Debt	2 680 000	617 000	18 221 000	17 797 000
Total Equity and Debt	15 454 000	12 844 000	16 571 000	10 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 449 000	4 671 000	3 498 000	0
Other Income	72 000	60 000	60 000	0
Revenue	6 522 000	4 731 000	3 558 000	0
Cost of Goods Sold	39 000	10 000	42 000	0
Salary Costs	2 686 000	2 187 000	2 179 000	0
Depreciation	14 000	14 000	6 000	0
Impairment	0	0	0	0
Expenditure	3 756 000	3 619 000	2 810 000	31 000
Operating Profit	2 766 000	1 113 000	748 000	−31 000
Financial Income	1 000	28 104 000	20 000	3 552 000
Financial Costs	0	1 000	12 000	2 000
Financial Balance	1 000	28 103 000	8 000	3 550 000
Dividends	0	0	0	0
Net Income	2 159 000	30 133 000	755 000	3 519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	454 000	609 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	21 000	35 000	0
Total Tangible Assets	7 000	21 000	35 000	0
Total Fiancial Fixed Assets	8 622 000	9 882 000	10 240 000	8 871 000
Total Fixed Assets	9 083 000	10 512 000	10 275 000	8 871 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	177 000	394 000	100 000	30 000
Total Current Assets	6 370 000	2 332 000	6 296 000	1 227 000
Total Assets	15 454 000	12 844 000	16 571 000	10 098 000
Total Equity	12 774 000	12 227 000	−19 000 000	−19 755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 350 000	12 056 000
Creditors	23 000	71 000	30 000	0
Unpaid Taxes	271 000	319 000	173 000	0
Dividends	0	0	0	0
Other Current Debt	2 386 000	227 000	18 017 000	17 797 000
Total Current Debt	2 680 000	617 000	18 221 000	17 797 000
Total Equity and Debt	15 454 000	12 844 000	16 571 000	10 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,9 %	246,45 %	−3,97 %	−17,81 %
Debt-to-Equity Ratio	0	0	−0,91	−0,61
Operating Profit Margin	42,41 %	23,53 %	21,02 %	-
Current Ratio	2,38	3,78	0,35	0,07
Quick Ratio	2,38	3,78	0,35	0,07
Equity Ratio	0,83	0,95	−1,15	−1,96
Gross Profit Margin	99,4 %	99,79 %	98,82 %	-