FORMUE ACCOUNTING AS

0255 OSLO

Finances

Share Ownership

Return on Equity

140,27 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 301 000	39 608 000	36 838 000	34 461 000
Net Income	5 451 000	−571 000	468 000	−452 000
Total Assets	21 766 000	12 183 000	9 597 000	9 904 000
Total Equity	3 886 000	1 556 000	1 626 000	1 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 301 000	39 608 000	36 838 000	34 461 000
Expenditure	62 370 000	40 311 000	36 220 000	35 040 000
Operating Profit	6 930 000	−703 000	619 000	−579 000
Financial Income	76 000	1 000	7 000	37 000
Financial Costs	19 000	25 000	20 000	31 000
Financial Balance	57 000	−24 000	−13 000	6 000
Earnings Before Tax	6 988 000	−727 000	605 000	−574 000
Tax	1 537 000	−156 000	137 000	−122 000
Net Income	5 451 000	−571 000	468 000	−452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 000	350 000	404 000	495 000
Total Current Assets	20 961 000	11 833 000	9 193 000	9 409 000
Total Assets	21 766 000	12 183 000	9 597 000	9 904 000
Total Retained Equity	2 563 000	232 000	803 000	335 000
Total Equity	3 886 000	1 556 000	1 626 000	1 158 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 880 000	10 627 000	7 971 000	8 746 000
Total Equity and Debt	21 766 000	12 183 000	9 597 000	9 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 550 000	38 634 000	35 922 000	33 713 000
Other Income	1 751 000	974 000	915 000	748 000
Revenue	69 301 000	39 608 000	36 838 000	34 461 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 759 000	26 951 000	24 963 000	22 871 000
Depreciation	213 000	177 000	180 000	142 000
Impairment	0	0	0	0
Expenditure	62 370 000	40 311 000	36 220 000	35 040 000
Operating Profit	6 930 000	−703 000	619 000	−579 000
Financial Income	76 000	1 000	7 000	37 000
Financial Costs	19 000	25 000	20 000	31 000
Financial Balance	57 000	−24 000	−13 000	6 000
Dividends	0	0	0	0
Net Income	5 451 000	−571 000	468 000	−452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	126 000	152 000	194 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	717 000	224 000	252 000	301 000
Total Tangible Assets	717 000	224 000	252 000	301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	805 000	350 000	404 000	495 000
Stock	0	0	0	0
Total Investments	0	0	61 000	61 000
Cash, Bank	4 912 000	2 609 000	1 836 000	2 308 000
Total Current Assets	20 961 000	11 833 000	9 193 000	9 409 000
Total Assets	21 766 000	12 183 000	9 597 000	9 904 000
Total Equity	3 886 000	1 556 000	1 626 000	1 158 000
Short-Term Group Debt	6 365 000	1 000 000	245 000	2 036 000
Total Long-Term Debt	0	0	0	0
Creditors	1 084 000	2 043 000	402 000	517 000
Unpaid Taxes	6 462 000	4 224 000	3 636 000	3 013 000
Dividends	0	0	0	0
Other Current Debt	3 309 000	3 361 000	3 552 000	3 180 000
Total Current Debt	17 880 000	10 627 000	7 971 000	8 746 000
Total Equity and Debt	21 766 000	12 183 000	9 597 000	9 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,27 %	−36,7 %	28,78 %	−39,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10 %	−1,77 %	1,68 %	−1,68 %
Current Ratio	1,17	1,11	1,15	1,08
Quick Ratio	1,17	1,11	1,15	1,08
Equity Ratio	0,18	0,13	0,17	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %