EVOLVE COMMUNICATION AS

0663 OSLO

Finances

Return on Equity

258,08 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 241 000	23 436 000	26 219 000	28 486 000
Net Income	862 000	−1 712 000	2 097 000	629 000
Total Assets	7 260 000	6 435 000	9 739 000	9 722 000
Total Equity	334 000	−528 000	2 784 000	1 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 241 000	23 436 000	26 219 000	28 486 000
Expenditure	19 944 000	25 632 000	23 520 000	27 700 000
Operating Profit	297 000	−2 195 000	2 698 000	786 000
Financial Income	633 000	4 000	9 000	28 000
Financial Costs	1 000	1 000	15 000	3 000
Financial Balance	632 000	3 000	−6 000	25 000
Earnings Before Tax	929 000	−2 193 000	2 692 000	810 000
Tax	67 000	−481 000	595 000	181 000
Net Income	862 000	−1 712 000	2 097 000	629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 090 000	1 407 000	1 088 000	752 000
Total Current Assets	6 170 000	5 028 000	8 651 000	8 970 000
Total Assets	7 260 000	6 435 000	9 739 000	9 722 000
Total Retained Equity	304 000	−558 000	2 754 000	1 184 000
Total Equity	334 000	−528 000	2 784 000	1 214 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 926 000	6 963 000	6 956 000	8 508 000
Total Equity and Debt	7 260 000	6 435 000	9 739 000	9 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 374 000	23 304 000	26 218 000	28 486 000
Other Income	−133 000	132 000	1 000	0
Revenue	20 241 000	23 436 000	26 219 000	28 486 000
Cost of Goods Sold	10 603 000	15 518 000	15 688 000	17 973 000
Salary Costs	7 125 000	7 367 000	5 913 000	7 536 000
Depreciation	245 000	293 000	187 000	122 000
Impairment	0	0	0	0
Expenditure	19 944 000	25 632 000	23 520 000	27 700 000
Operating Profit	297 000	−2 195 000	2 698 000	786 000
Financial Income	633 000	4 000	9 000	28 000
Financial Costs	1 000	1 000	15 000	3 000
Financial Balance	632 000	3 000	−6 000	25 000
Dividends	0	1 600 000	528 000	600 000
Net Income	862 000	−1 712 000	2 097 000	629 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	458 000	525 000	44 000	55 000
Real Eastate	0	69 000	172 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	233 000	379 000	438 000	244 000
Total Tangible Assets	233 000	449 000	610 000	244 000
Total Fiancial Fixed Assets	399 000	434 000	434 000	454 000
Total Fixed Assets	1 090 000	1 407 000	1 088 000	752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 800 000	2 196 000	6 037 000	5 795 000
Total Current Assets	6 170 000	5 028 000	8 651 000	8 970 000
Total Assets	7 260 000	6 435 000	9 739 000	9 722 000
Total Equity	334 000	−528 000	2 784 000	1 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	694 000	1 911 000	1 997 000	2 997 000
Unpaid Taxes	1 264 000	1 380 000	1 271 000	1 559 000
Dividends	0	1 600 000	528 000	600 000
Other Current Debt	4 967 000	3 672 000	3 103 000	3 744 000
Total Current Debt	6 926 000	6 963 000	6 956 000	8 508 000
Total Equity and Debt	7 260 000	6 435 000	9 739 000	9 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	258,08 %	324,24 %	75,32 %	51,81 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	1,47 %	−9,37 %	10,29 %	2,76 %
Current Ratio	0,89	0,72	1,24	1,05
Quick Ratio	0,89	0,72	1,24	1,05
Equity Ratio	0,05	−0,08	0,29	0,12
Gross Profit Margin	47,62 %	33,79 %	40,17 %	36,91 %