BUSINESS EXPENSE AS

1178 OSLO

Finances

Share Ownership

Return on Equity

21,03 %

Current Ratio

2,73

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2021	2020	2019	2018
Revenue	545 000	1 726 000	2 689 000	1 818 000
Net Income	118 000	316 000	216 000	94 000
Total Assets	944 000	1 705 000	1 974 000	1 492 000
Total Equity	561 000	443 000	340 000	125 000

Income (NOK)	2021	2020	2019	2018
Revenue	545 000	1 726 000	2 689 000	1 818 000
Expenditure	307 000	1 303 000	2 376 000	1 578 000
Operating Profit	238 000	422 000	313 000	240 000
Financial Income	0	0	0	0
Financial Costs	22 000	16 000	29 000	99 000
Financial Balance	−22 000	−16 000	−29 000	−99 000
Earnings Before Tax	216 000	406 000	285 000	141 000
Tax	98 000	90 000	69 000	47 000
Net Income	118 000	316 000	216 000	94 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	27 000	737 000	745 000	862 000
Total Current Assets	916 000	969 000	1 229 000	629 000
Total Assets	944 000	1 705 000	1 974 000	1 492 000
Total Retained Equity	531 000	413 000	310 000	95 000
Total Equity	561 000	443 000	340 000	125 000
Total Long-Term Debt	47 000	578 000	736 000	848 000
Total Current Debt	335 000	684 000	897 000	519 000
Total Equity and Debt	944 000	1 705 000	1 974 000	1 492 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	569 000	1 630 000	2 689 000	1 818 000
Other Income	−25 000	96 000	0	0
Revenue	545 000	1 726 000	2 689 000	1 818 000
Cost of Goods Sold	52 000	4 000	49 000	263 000
Salary Costs	−63 000	909 000	1 875 000	906 000
Depreciation	86 000	116 000	130 000	131 000
Impairment	0	0	0	0
Expenditure	307 000	1 303 000	2 376 000	1 578 000
Operating Profit	238 000	422 000	313 000	240 000
Financial Income	0	0	0	0
Financial Costs	22 000	16 000	29 000	99 000
Financial Balance	−22 000	−16 000	−29 000	−99 000
Dividends	0	214 000	0	120 000
Net Income	118 000	316 000	216 000	94 000

Balance details (NOK)	2021	2020	2019	2018
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	13 000	728 000	744 000	860 000
Total Tangible Assets	13 000	728 000	744 000	860 000
Total Fiancial Fixed Assets	14 000	9 000	1 000	3 000
Total Fixed Assets	27 000	737 000	745 000	862 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	216 000	732 000	500 000	192 000
Total Current Assets	916 000	969 000	1 229 000	629 000
Total Assets	944 000	1 705 000	1 974 000	1 492 000
Total Equity	561 000	443 000	340 000	125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 000	578 000	736 000	848 000
Creditors	71 000	56 000	123 000	70 000
Unpaid Taxes	142 000	248 000	535 000	313 000
Dividends	0	214 000	0	120 000
Other Current Debt	14 000	86 000	166 000	113 000
Total Current Debt	335 000	684 000	897 000	519 000
Total Equity and Debt	944 000	1 705 000	1 974 000	1 492 000

Financial indicators	2021	2020	2019	2018
Return on Equity	21,03 %	71,33 %	63,53 %	75,2 %
Debt-to-Equity Ratio	0,08	1,3	2,16	6,78
Operating Profit Margin	43,67 %	24,45 %	11,64 %	13,2 %
Current Ratio	2,73	1,42	1,37	1,21
Quick Ratio	2,73	1,42	1,37	1,21
Equity Ratio	0,59	0,26	0,17	0,08
Gross Profit Margin	90,46 %	99,77 %	98,18 %	85,53 %