EGELAND ACCOUNTING AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

77,89 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 833 000	4 626 000	3 771 000	2 137 000
Net Income	370 000	634 000	312 000	112 000
Total Assets	1 738 000	1 627 000	1 306 000	662 000
Total Equity	475 000	470 000	276 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 833 000	4 626 000	3 771 000	2 137 000
Expenditure	4 360 000	3 813 000	3 359 000	1 984 000
Operating Profit	473 000	813 000	412 000	154 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	10 000	9 000
Financial Balance	1 000	1 000	−10 000	−9 000
Earnings Before Tax	475 000	813 000	403 000	146 000
Tax	104 000	179 000	91 000	34 000
Net Income	370 000	634 000	312 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	0	6 000	6 000
Total Current Assets	1 722 000	1 627 000	1 300 000	655 000
Total Assets	1 738 000	1 627 000	1 306 000	662 000
Total Retained Equity	445 000	440 000	246 000	234 000
Total Equity	475 000	470 000	276 000	264 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	1 263 000	1 156 000	1 031 000	398 000
Total Equity and Debt	1 738 000	1 627 000	1 306 000	662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 743 000	4 626 000	3 771 000	2 137 000
Other Income	90 000	0	0	0
Revenue	4 833 000	4 626 000	3 771 000	2 137 000
Cost of Goods Sold	111 000	60 000	70 000	23 000
Salary Costs	3 249 000	2 898 000	2 591 000	1 663 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 360 000	3 813 000	3 359 000	1 984 000
Operating Profit	473 000	813 000	412 000	154 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	10 000	9 000
Financial Balance	1 000	1 000	−10 000	−9 000
Dividends	365 000	440 000	300 000	0
Net Income	370 000	634 000	312 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	6 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	0	0	0
Total Tangible Assets	12 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	0	6 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	10 000
Cash, Bank	785 000	662 000	406 000	426 000
Total Current Assets	1 722 000	1 627 000	1 300 000	655 000
Total Assets	1 738 000	1 627 000	1 306 000	662 000
Total Equity	475 000	470 000	276 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	14 000	38 000	29 000	14 000
Unpaid Taxes	550 000	474 000	349 000	184 000
Dividends	365 000	440 000	300 000	0
Other Current Debt	305 000	272 000	262 000	165 000
Total Current Debt	1 263 000	1 156 000	1 031 000	398 000
Total Equity and Debt	1 738 000	1 627 000	1 306 000	662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,89 %	134,89 %	113,04 %	42,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,79 %	17,57 %	10,93 %	7,21 %
Current Ratio	1,36	1,41	1,26	1,65
Quick Ratio	1,36	1,41	1,26	1,65
Equity Ratio	0,27	0,29	0,21	0,4
Gross Profit Margin	97,7 %	98,7 %	98,14 %	98,92 %