LØSNINGSORIENTERT AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

17,68 %

Current Ratio

5,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 807 000	1 702 000	1 597 000	1 467 000
Net Income	134 000	50 000	143 000	258 000
Total Assets	921 000	651 000	757 000	967 000
Total Equity	758 000	625 000	676 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 807 000	1 702 000	1 597 000	1 467 000
Expenditure	1 636 000	1 646 000	1 413 000	1 209 000
Operating Profit	170 000	56 000	183 000	258 000
Financial Income	2 000	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	2 000	−4 000	0	0
Earnings Before Tax	172 000	52 000	183 000	258 000
Tax	38 000	2 000	40 000	0
Net Income	134 000	50 000	143 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	17 000	21 000	27 000
Total Current Assets	907 000	634 000	735 000	941 000
Total Assets	921 000	651 000	757 000	967 000
Total Retained Equity	734 000	600 000	476 000	0
Total Equity	758 000	625 000	676 000	163 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	162 000	26 000	81 000	805 000
Total Equity and Debt	921 000	651 000	757 000	967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 807 000	1 702 000	1 597 000	1 467 000
Other Income	0	0	0	0
Revenue	1 807 000	1 702 000	1 597 000	1 467 000
Cost of Goods Sold	1 575 000	1 612 000	1 397 000	0
Salary Costs	0	0	0	0
Depreciation	3 000	4 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 636 000	1 646 000	1 413 000	1 209 000
Operating Profit	170 000	56 000	183 000	258 000
Financial Income	2 000	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	2 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	134 000	50 000	143 000	258 000

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	14 000	0	0	27 000
Fixtures	0	17 000	21 000	0
Total Tangible Assets	14 000	17 000	21 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	17 000	21 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	465 000	142 000	441 000	776 000
Total Current Assets	907 000	634 000	735 000	941 000
Total Assets	921 000	651 000	757 000	967 000
Total Equity	758 000	625 000	676 000	163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	125 000	0	0
Unpaid Taxes	0	−20 000	41 000	378 000
Dividends	0	0	0	0
Other Current Debt	118 000	17 000	0	524 000
Total Current Debt	162 000	26 000	81 000	805 000
Total Equity and Debt	921 000	651 000	757 000	967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,68 %	8 %	21,15 %	158,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,41 %	3,29 %	11,46 %	17,59 %
Current Ratio	5,6	24,38	9,07	1,17
Quick Ratio	5,6	24,38	9,07	1,17
Equity Ratio	0,82	0,96	0,89	0,17
Gross Profit Margin	12,84 %	5,29 %	12,52 %	100 %