RELIANCE CONSULTING AS

1081 OSLO

Finances

Return on Equity

15,31 %

Current Ratio

3,16

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 108 000	2 895 000	2 643 000	2 338 000
Net Income	222 000	178 000	529 000	209 000
Total Assets	4 717 000	3 031 000	2 131 000	969 000
Total Equity	1 450 000	1 228 000	1 050 000	571 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 108 000	2 895 000	2 643 000	2 338 000
Expenditure	2 704 000	2 633 000	1 946 000	2 072 000
Operating Profit	404 000	263 000	697 000	267 000
Financial Income	2 000	6 000	−2 000	3 000
Financial Costs	121 000	40 000	16 000	1 000
Financial Balance	−119 000	−34 000	−18 000	2 000
Earnings Before Tax	284 000	229 000	680 000	268 000
Tax	63 000	51 000	151 000	59 000
Net Income	222 000	178 000	529 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 390 000	1 168 000	574 000	41 000
Total Current Assets	2 327 000	1 863 000	1 557 000	928 000
Total Assets	4 717 000	3 031 000	2 131 000	969 000
Total Retained Equity	1 420 000	1 198 000	1 020 000	541 000
Total Equity	1 450 000	1 228 000	1 050 000	571 000
Total Long-Term Debt	2 530 000	1 169 000	415 000	7 000
Total Current Debt	737 000	634 000	666 000	391 000
Total Equity and Debt	4 717 000	3 031 000	2 131 000	969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 119 000	2 881 000	2 643 000	2 338 000
Other Income	−11 000	14 000	0	0
Revenue	3 108 000	2 895 000	2 643 000	2 338 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 612 000	1 647 000	1 175 000	1 104 000
Depreciation	62 000	161 000	68 000	6 000
Impairment	0	0	0	0
Expenditure	2 704 000	2 633 000	1 946 000	2 072 000
Operating Profit	404 000	263 000	697 000	267 000
Financial Income	2 000	6 000	−2 000	3 000
Financial Costs	121 000	40 000	16 000	1 000
Financial Balance	−119 000	−34 000	−18 000	2 000
Dividends	0	0	50 000	0
Net Income	222 000	178 000	529 000	209 000

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	907 000	1 118 000	524 000	31 000
Total Tangible Assets	907 000	1 118 000	524 000	31 000
Total Fiancial Fixed Assets	1 483 000	50 000	50 000	10 000
Total Fixed Assets	2 390 000	1 168 000	574 000	41 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 694 000	1 023 000	1 280 000	478 000
Total Current Assets	2 327 000	1 863 000	1 557 000	928 000
Total Assets	4 717 000	3 031 000	2 131 000	969 000
Total Equity	1 450 000	1 228 000	1 050 000	571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 530 000	1 169 000	415 000	7 000
Creditors	279 000	81 000	89 000	64 000
Unpaid Taxes	137 000	186 000	247 000	129 000
Dividends	0	0	50 000	0
Other Current Debt	269 000	324 000	189 000	140 000
Total Current Debt	737 000	634 000	666 000	391 000
Total Equity and Debt	4 717 000	3 031 000	2 131 000	969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,31 %	14,5 %	50,38 %	36,6 %
Debt-to-Equity Ratio	1,74	0,95	0,4	0,01
Operating Profit Margin	13 %	9,08 %	26,37 %	11,42 %
Current Ratio	3,16	2,94	2,34	2,37
Quick Ratio	3,16	2,94	2,34	2,37
Equity Ratio	0,31	0,41	0,49	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %