FINANSCO FORRETNINGSFØRSEL AS

0277 OSLO

Finances

Share Ownership

Return on Equity

32,58 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 599 000	3 544 000	3 611 000	3 775 000
Net Income	145 000	265 000	346 000	266 000
Total Assets	1 216 000	1 367 000	1 519 000	1 278 000
Total Equity	445 000	300 000	300 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 599 000	3 544 000	3 611 000	3 775 000
Expenditure	3 416 000	3 205 000	3 171 000	3 437 000
Operating Profit	184 000	337 000	440 000	339 000
Financial Income	1 000	2 000	4 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	4 000	2 000
Earnings Before Tax	186 000	340 000	443 000	341 000
Tax	41 000	75 000	98 000	75 000
Net Income	145 000	265 000	346 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	14 000	15 000	10 000
Total Current Assets	1 177 000	1 353 000	1 504 000	1 268 000
Total Assets	1 216 000	1 367 000	1 519 000	1 278 000
Total Retained Equity	145 000	0	0	0
Total Equity	445 000	300 000	300 000	300 000
Total Long-Term Debt	8 000	0	1 000	0
Total Current Debt	763 000	1 067 000	1 218 000	978 000
Total Equity and Debt	1 216 000	1 367 000	1 519 000	1 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 598 000	3 542 000	3 609 000	3 774 000
Other Income	1 000	1 000	2 000	2 000
Revenue	3 599 000	3 544 000	3 611 000	3 775 000
Cost of Goods Sold	55 000	54 000	47 000	82 000
Salary Costs	2 355 000	2 601 000	2 588 000	2 522 000
Depreciation	9 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	3 416 000	3 205 000	3 171 000	3 437 000
Operating Profit	184 000	337 000	440 000	339 000
Financial Income	1 000	2 000	4 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	4 000	2 000
Dividends	0	265 000	346 000	27 000
Net Income	145 000	265 000	346 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	12 000	15 000	0
Total Tangible Assets	39 000	12 000	15 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	14 000	15 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	594 000	800 000	983 000	790 000
Total Current Assets	1 177 000	1 353 000	1 504 000	1 268 000
Total Assets	1 216 000	1 367 000	1 519 000	1 278 000
Total Equity	445 000	300 000	300 000	300 000
Short-Term Group Debt	0	0	0	310 000
Total Long-Term Debt	8 000	0	1 000	0
Creditors	224 000	82 000	85 000	69 000
Unpaid Taxes	167 000	216 000	229 000	239 000
Dividends	0	265 000	346 000	27 000
Other Current Debt	341 000	426 000	471 000	317 000
Total Current Debt	763 000	1 067 000	1 218 000	978 000
Total Equity and Debt	1 216 000	1 367 000	1 519 000	1 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,58 %	88,33 %	115,33 %	88,67 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	5,11 %	9,51 %	12,18 %	8,98 %
Current Ratio	1,54	1,27	1,23	1,3
Quick Ratio	1,54	1,27	1,23	1,3
Equity Ratio	0,37	0,22	0,2	0,23
Gross Profit Margin	98,47 %	98,48 %	98,7 %	97,83 %