KNOWIT FINANCIAL SOLUTIONS AS

5011 BERGEN

Finances

Share Ownership

Return on Equity

62,47 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 644 000	63 686 000	69 348 000	66 324 000
Net Income	8 692 000	9 667 000	12 306 000	8 626 000
Total Assets	39 806 000	42 930 000	38 748 000	30 098 000
Total Equity	13 914 000	13 914 000	12 593 000	8 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 644 000	63 686 000	69 348 000	66 324 000
Expenditure	51 997 000	51 654 000	53 877 000	55 602 000
Operating Profit	10 647 000	12 032 000	15 470 000	10 721 000
Financial Income	315 000	7 000	56 000	161 000
Financial Costs	17 000	15 000	20 000	19 000
Financial Balance	298 000	−8 000	36 000	142 000
Earnings Before Tax	10 945 000	12 025 000	15 506 000	10 862 000
Tax	2 254 000	2 358 000	3 200 000	2 236 000
Net Income	8 692 000	9 667 000	12 306 000	8 626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	366 000	444 000	558 000	622 000
Total Current Assets	39 441 000	42 486 000	38 191 000	29 476 000
Total Assets	39 806 000	42 930 000	38 748 000	30 098 000
Total Retained Equity	13 500 000	13 500 000	12 179 000	7 673 000
Total Equity	13 914 000	13 914 000	12 593 000	8 087 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 893 000	29 016 000	26 155 000	22 011 000
Total Equity and Debt	39 806 000	42 930 000	38 748 000	30 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 644 000	63 686 000	69 348 000	66 324 000
Other Income	0	0	0	0
Revenue	62 644 000	63 686 000	69 348 000	66 324 000
Cost of Goods Sold	2 755 000	1 393 000	775 000	3 697 000
Salary Costs	39 002 000	41 734 000	45 180 000	43 731 000
Depreciation	125 000	111 000	105 000	8 000
Impairment	0	0	0	0
Expenditure	51 997 000	51 654 000	53 877 000	55 602 000
Operating Profit	10 647 000	12 032 000	15 470 000	10 721 000
Financial Income	315 000	7 000	56 000	161 000
Financial Costs	17 000	15 000	20 000	19 000
Financial Balance	298 000	−8 000	36 000	142 000
Dividends	0	0	0	0
Net Income	8 692 000	9 667 000	12 306 000	8 626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	18 000	21 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	346 000	426 000	537 000	594 000
Total Tangible Assets	346 000	426 000	537 000	594 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	366 000	444 000	558 000	622 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 121 000	1 494 000	1 648 000	1 650 000
Total Current Assets	39 441 000	42 486 000	38 191 000	29 476 000
Total Assets	39 806 000	42 930 000	38 748 000	30 098 000
Total Equity	13 914 000	13 914 000	12 593 000	8 087 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 161 000	1 692 000	807 000	771 000
Unpaid Taxes	7 014 000	5 000 000	5 077 000	5 071 000
Dividends	0	0	0	0
Other Current Debt	17 717 000	22 325 000	20 248 000	16 167 000
Total Current Debt	25 893 000	29 016 000	26 155 000	22 011 000
Total Equity and Debt	39 806 000	42 930 000	38 748 000	30 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,47 %	69,48 %	97,72 %	106,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17 %	18,89 %	22,31 %	16,16 %
Current Ratio	1,52	1,46	1,46	1,34
Quick Ratio	1,52	1,46	1,46	1,34
Equity Ratio	0,35	0,32	0,32	0,27
Gross Profit Margin	95,6 %	97,81 %	98,88 %	94,43 %