E-VOLVE AS

1448 DRØBAK

Finances

Return on Equity

85,82 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 402 000	2 350 000	2 339 000	2 168 000
Net Income	781 000	846 000	741 000	666 000
Total Assets	2 118 000	1 887 000	1 796 000	1 610 000
Total Equity	910 000	729 000	482 000	342 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 402 000	2 350 000	2 339 000	2 168 000
Expenditure	1 402 000	1 263 000	1 388 000	1 313 000
Operating Profit	1 001 000	1 086 000	951 000	855 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	1 000 000	1 086 000	951 000	855 000
Tax	219 000	240 000	210 000	188 000
Net Income	781 000	846 000	741 000	666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	63 000	45 000	41 000
Total Current Assets	2 024 000	1 824 000	1 751 000	1 569 000
Total Assets	2 118 000	1 887 000	1 796 000	1 610 000
Total Retained Equity	880 000	699 000	452 000	312 000
Total Equity	910 000	729 000	482 000	342 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 208 000	1 158 000	1 314 000	1 268 000
Total Equity and Debt	2 118 000	1 887 000	1 796 000	1 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 402 000	2 350 000	2 339 000	2 168 000
Other Income	0	0	0	0
Revenue	2 402 000	2 350 000	2 339 000	2 168 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 329 000	1 201 000	1 320 000	1 239 000
Depreciation	10 000	13 000	13 000	12 000
Impairment	0	0	0	0
Expenditure	1 402 000	1 263 000	1 388 000	1 313 000
Operating Profit	1 001 000	1 086 000	951 000	855 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	600 000	600 000	600 000	600 000
Net Income	781 000	846 000	741 000	666 000

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	55 000	30 000	23 000	18 000
Total Tangible Assets	55 000	30 000	23 000	18 000
Total Fiancial Fixed Assets	39 000	33 000	23 000	23 000
Total Fixed Assets	94 000	63 000	45 000	41 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 472 000	1 330 000	878 000	719 000
Total Current Assets	2 024 000	1 824 000	1 751 000	1 569 000
Total Assets	2 118 000	1 887 000	1 796 000	1 610 000
Total Equity	910 000	729 000	482 000	342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	4 000	4 000	4 000
Unpaid Taxes	242 000	186 000	325 000	341 000
Dividends	600 000	600 000	600 000	600 000
Other Current Debt	142 000	129 000	175 000	134 000
Total Current Debt	1 208 000	1 158 000	1 314 000	1 268 000
Total Equity and Debt	2 118 000	1 887 000	1 796 000	1 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,82 %	116,05 %	153,73 %	194,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	41,67 %	46,21 %	40,66 %	39,44 %
Current Ratio	1,68	1,58	1,33	1,24
Quick Ratio	1,68	1,58	1,33	1,24
Equity Ratio	0,43	0,39	0,27	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %