STUDIO ESPEN AS

1163 OSLO

Finances

Share Ownership

Return on Equity

14,81 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 353 000	5 620 000	5 138 000	5 293 000
Net Income	72 000	125 000	310 000	435 000
Total Assets	1 768 000	1 906 000	1 986 000	2 148 000
Total Equity	486 000	414 000	1 089 000	1 129 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 353 000	5 620 000	5 138 000	5 293 000
Expenditure	5 211 000	5 437 000	4 707 000	4 693 000
Operating Profit	143 000	183 000	431 000	600 000
Financial Income	2 000	13 000	2 000	2 000
Financial Costs	47 000	33 000	35 000	38 000
Financial Balance	−45 000	−20 000	−33 000	−36 000
Earnings Before Tax	97 000	162 000	398 000	564 000
Tax	25 000	38 000	89 000	129 000
Net Income	72 000	125 000	310 000	435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	290 000	22 000	84 000	145 000
Total Current Assets	1 478 000	1 884 000	1 903 000	2 003 000
Total Assets	1 768 000	1 906 000	1 986 000	2 148 000
Total Retained Equity	456 000	384 000	1 059 000	1 099 000
Total Equity	486 000	414 000	1 089 000	1 129 000
Total Long-Term Debt	332 000	67 000	109 000	148 000
Total Current Debt	950 000	1 425 000	788 000	870 000
Total Equity and Debt	1 768 000	1 906 000	1 986 000	2 148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 353 000	5 620 000	5 113 000	5 293 000
Other Income	0	0	25 000	0
Revenue	5 353 000	5 620 000	5 138 000	5 293 000
Cost of Goods Sold	715 000	636 000	481 000	533 000
Salary Costs	3 325 000	3 551 000	3 087 000	3 108 000
Depreciation	84 000	61 000	61 000	61 000
Impairment	0	0	0	0
Expenditure	5 211 000	5 437 000	4 707 000	4 693 000
Operating Profit	143 000	183 000	431 000	600 000
Financial Income	2 000	13 000	2 000	2 000
Financial Costs	47 000	33 000	35 000	38 000
Financial Balance	−45 000	−20 000	−33 000	−36 000
Dividends	0	0	0	0
Net Income	72 000	125 000	310 000	435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	290 000	14 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	84 000	145 000
Total Tangible Assets	290 000	22 000	84 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	290 000	22 000	84 000	145 000
Stock	221 000	362 000	364 000	315 000
Total Investments	0	0	0	0
Cash, Bank	1 256 000	1 515 000	1 516 000	1 387 000
Total Current Assets	1 478 000	1 884 000	1 903 000	2 003 000
Total Assets	1 768 000	1 906 000	1 986 000	2 148 000
Total Equity	486 000	414 000	1 089 000	1 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	332 000	67 000	109 000	148 000
Creditors	77 000	98 000	23 000	67 000
Unpaid Taxes	272 000	300 000	287 000	298 000
Dividends	0	0	0	0
Other Current Debt	576 000	988 000	389 000	376 000
Total Current Debt	950 000	1 425 000	788 000	870 000
Total Equity and Debt	1 768 000	1 906 000	1 986 000	2 148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,81 %	30,19 %	28,47 %	38,53 %
Debt-to-Equity Ratio	0,68	0,16	0,1	0,13
Operating Profit Margin	2,67 %	3,26 %	8,39 %	11,34 %
Current Ratio	1,56	1,32	2,41	2,3
Quick Ratio	2,03	1,77	4,49	3,61
Equity Ratio	0,27	0,22	0,55	0,53
Gross Profit Margin	86,64 %	88,68 %	90,64 %	89,93 %