NORMANNS GATE 40 AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

248,63 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 249 000	1 464 000	884 000	2 011 000
Net Income	634 000	145 000	37 000	706 000
Total Assets	2 110 000	1 295 000	808 000	1 519 000
Total Equity	255 000	621 000	476 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 249 000	1 464 000	884 000	2 011 000
Expenditure	1 440 000	1 264 000	827 000	1 098 000
Operating Profit	810 000	201 000	56 000	912 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	−3 000	6 000	5 000	5 000
Financial Balance	4 000	−5 000	−3 000	−3 000
Earnings Before Tax	815 000	197 000	53 000	909 000
Tax	181 000	51 000	16 000	203 000
Net Income	634 000	145 000	37 000	706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	67 000	99 000	100 000
Total Current Assets	2 076 000	1 228 000	709 000	1 420 000
Total Assets	2 110 000	1 295 000	808 000	1 519 000
Total Retained Equity	225 000	591 000	446 000	409 000
Total Equity	255 000	621 000	476 000	439 000
Total Long-Term Debt	0	3 000	43 000	82 000
Total Current Debt	1 854 000	670 000	289 000	999 000
Total Equity and Debt	2 110 000	1 295 000	808 000	1 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 249 000	1 464 000	884 000	1 997 000
Other Income	0	0	0	14 000
Revenue	2 249 000	1 464 000	884 000	2 011 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 201 000	1 042 000	592 000	920 000
Depreciation	34 000	77 000	57 000	52 000
Impairment	0	0	0	0
Expenditure	1 440 000	1 264 000	827 000	1 098 000
Operating Profit	810 000	201 000	56 000	912 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	−3 000	6 000	5 000	5 000
Financial Balance	4 000	−5 000	−3 000	−3 000
Dividends	1 000 000	0	0	400 000
Net Income	634 000	145 000	37 000	706 000

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	33 000	67 000	99 000	100 000
Total Tangible Assets	33 000	67 000	99 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	67 000	99 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 486 000	318 000	284 000	985 000
Total Current Assets	2 076 000	1 228 000	709 000	1 420 000
Total Assets	2 110 000	1 295 000	808 000	1 519 000
Total Equity	255 000	621 000	476 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	43 000	82 000
Creditors	22 000	36 000	18 000	15 000
Unpaid Taxes	546 000	499 000	207 000	254 000
Dividends	1 000 000	0	0	400 000
Other Current Debt	105 000	83 000	48 000	125 000
Total Current Debt	1 854 000	670 000	289 000	999 000
Total Equity and Debt	2 110 000	1 295 000	808 000	1 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	248,63 %	23,35 %	7,77 %	160,82 %
Debt-to-Equity Ratio	0	0	0,09	0,19
Operating Profit Margin	36,02 %	13,73 %	6,33 %	45,35 %
Current Ratio	1,12	1,83	2,45	1,42
Quick Ratio	1,12	1,83	2,45	1,42
Equity Ratio	0,12	0,48	0,59	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %