TRUENORTH CONSULTING AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

288,74 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 115 000	8 476 000	4 093 000	7 150 000
Net Income	1 103 000	1 435 000	782 000	1 261 000
Total Assets	3 311 000	3 556 000	2 022 000	2 741 000
Total Equity	382 000	398 000	357 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 115 000	8 476 000	4 093 000	7 150 000
Expenditure	7 685 000	6 627 000	3 079 000	5 522 000
Operating Profit	1 431 000	1 850 000	1 014 000	1 629 000
Financial Income	3 000	4 000	2 000	5 000
Financial Costs	6 000	2 000	3 000	4 000
Financial Balance	−3 000	2 000	−1 000	1 000
Earnings Before Tax	1 429 000	1 851 000	1 014 000	1 630 000
Tax	326 000	416 000	232 000	369 000
Net Income	1 103 000	1 435 000	782 000	1 261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	133 000	153 000	165 000
Total Current Assets	3 187 000	3 423 000	1 869 000	2 576 000
Total Assets	3 311 000	3 556 000	2 022 000	2 741 000
Total Retained Equity	277 000	293 000	252 000	360 000
Total Equity	382 000	398 000	357 000	465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 929 000	3 158 000	1 665 000	2 276 000
Total Equity and Debt	3 311 000	3 556 000	2 022 000	2 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 105 000	8 731 000	3 848 000	7 184 000
Other Income	10 000	−255 000	245 000	−33 000
Revenue	9 115 000	8 476 000	4 093 000	7 150 000
Cost of Goods Sold	213 000	123 000	101 000	232 000
Salary Costs	6 477 000	5 670 000	2 175 000	4 375 000
Depreciation	9 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	7 685 000	6 627 000	3 079 000	5 522 000
Operating Profit	1 431 000	1 850 000	1 014 000	1 629 000
Financial Income	3 000	4 000	2 000	5 000
Financial Costs	6 000	2 000	3 000	4 000
Financial Balance	−3 000	2 000	−1 000	1 000
Dividends	1 119 000	1 393 000	890 000	1 017 000
Net Income	1 103 000	1 435 000	782 000	1 261 000

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	0	0	0	0
Fixtures	124 000	133 000	142 000	151 000
Total Tangible Assets	124 000	133 000	142 000	151 000
Total Fiancial Fixed Assets	0	0	11 000	14 000
Total Fixed Assets	124 000	133 000	153 000	165 000
Stock	0	0	0	0
Total Investments	59 000	59 000	0	0
Cash, Bank	1 836 000	1 912 000	1 046 000	1 936 000
Total Current Assets	3 187 000	3 423 000	1 869 000	2 576 000
Total Assets	3 311 000	3 556 000	2 022 000	2 741 000
Total Equity	382 000	398 000	357 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	1 000	0	0
Unpaid Taxes	903 000	798 000	386 000	499 000
Dividends	1 119 000	1 393 000	890 000	1 017 000
Other Current Debt	559 000	548 000	158 000	391 000
Total Current Debt	2 929 000	3 158 000	1 665 000	2 276 000
Total Equity and Debt	3 311 000	3 556 000	2 022 000	2 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,74 %	360,55 %	219,05 %	271,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,7 %	21,83 %	24,77 %	22,78 %
Current Ratio	1,09	1,08	1,12	1,13
Quick Ratio	1,09	1,08	1,12	1,13
Equity Ratio	0,12	0,11	0,18	0,17
Gross Profit Margin	97,66 %	98,55 %	97,53 %	96,76 %