EXPLORE EQUITY AS

0255 OSLO

Finances

Return on Equity

14,76 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 960 000	16 354 000	18 049 000	19 175 000
Net Income	1 631 000	−495 000	3 224 000	3 739 000
Total Assets	22 823 000	18 135 000	20 195 000	18 097 000
Total Equity	11 053 000	11 922 000	14 917 000	11 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 960 000	16 354 000	18 049 000	19 175 000
Expenditure	19 035 000	16 848 000	13 891 000	14 172 000
Operating Profit	1 925 000	−494 000	4 158 000	5 003 000
Financial Income	255 000	−153 000	155 000	20 000
Financial Costs	0	5 000	13 000	18 000
Financial Balance	255 000	−158 000	142 000	2 000
Earnings Before Tax	2 179 000	−652 000	4 300 000	5 005 000
Tax	548 000	−157 000	1 076 000	1 266 000
Net Income	1 631 000	−495 000	3 224 000	3 739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 874 000	8 676 000	4 863 000	3 729 000
Total Current Assets	12 949 000	9 459 000	15 332 000	14 368 000
Total Assets	22 823 000	18 135 000	20 195 000	18 097 000
Total Retained Equity	2 005 000	2 874 000	5 869 000	2 646 000
Total Equity	11 053 000	11 922 000	14 917 000	11 693 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 771 000	6 213 000	5 278 000	6 404 000
Total Equity and Debt	22 823 000	18 135 000	20 195 000	18 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 934 000	16 354 000	18 049 000	18 742 000
Other Income	25 000	0	0	433 000
Revenue	20 960 000	16 354 000	18 049 000	19 175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 319 000	11 609 000	9 610 000	10 213 000
Depreciation	6 000	18 000	154 000	176 000
Impairment	0	0	0	0
Expenditure	19 035 000	16 848 000	13 891 000	14 172 000
Operating Profit	1 925 000	−494 000	4 158 000	5 003 000
Financial Income	255 000	−153 000	155 000	20 000
Financial Costs	0	5 000	13 000	18 000
Financial Balance	255 000	−158 000	142 000	2 000
Dividends	2 500 000	0	0	3 261 000
Net Income	1 631 000	−495 000	3 224 000	3 739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	217 000	59 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	114 000	18 000	65 000
Total Tangible Assets	107 000	114 000	18 000	65 000
Total Fiancial Fixed Assets	9 740 000	8 345 000	4 785 000	3 625 000
Total Fixed Assets	9 874 000	8 676 000	4 863 000	3 729 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 805 000	7 454 000	1 976 000	7 867 000
Total Current Assets	12 949 000	9 459 000	15 332 000	14 368 000
Total Assets	22 823 000	18 135 000	20 195 000	18 097 000
Total Equity	11 053 000	11 922 000	14 917 000	11 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 743 000	1 385 000	1 175 000	308 000
Unpaid Taxes	1 237 000	1 391 000	727 000	1 165 000
Dividends	2 500 000	0	0	3 261 000
Other Current Debt	3 932 000	3 436 000	2 280 000	2 020 000
Total Current Debt	11 771 000	6 213 000	5 278 000	6 404 000
Total Equity and Debt	22 823 000	18 135 000	20 195 000	18 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,76 %	−4,15 %	21,61 %	31,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,18 %	−3,02 %	23,04 %	26,09 %
Current Ratio	1,1	1,52	2,9	2,24
Quick Ratio	1,1	1,52	2,9	2,24
Equity Ratio	0,48	0,66	0,74	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %