EXCELLO CHANGE ACADEMY AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

2,46 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	965 000	833 000	1 101 000	2 374 000
Net Income	12 000	−12 000	246 000	857 000
Total Assets	789 000	643 000	708 000	512 000
Total Equity	487 000	475 000	487 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	965 000	833 000	1 101 000	2 374 000
Expenditure	955 000	846 000	785 000	1 503 000
Operating Profit	11 000	−13 000	315 000	871 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	0
Earnings Before Tax	12 000	−12 000	316 000	872 000
Tax	0	0	70 000	15 000
Net Income	12 000	−12 000	246 000	857 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	7 000
Total Current Assets	789 000	643 000	708 000	505 000
Total Assets	789 000	643 000	708 000	512 000
Total Retained Equity	287 000	275 000	287 000	41 000
Total Equity	487 000	475 000	487 000	241 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	302 000	168 000	221 000	269 000
Total Equity and Debt	789 000	643 000	708 000	512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	965 000	833 000	1 101 000	2 374 000
Other Income	0	0	0	0
Revenue	965 000	833 000	1 101 000	2 374 000
Cost of Goods Sold	0	0	0	0
Salary Costs	787 000	702 000	586 000	1 212 000
Depreciation	0	0	7 000	7 000
Impairment	0	0	0	0
Expenditure	955 000	846 000	785 000	1 503 000
Operating Profit	11 000	−13 000	315 000	871 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	12 000	−12 000	246 000	857 000

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	0	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	528 000	479 000	542 000	502 000
Total Current Assets	789 000	643 000	708 000	505 000
Total Assets	789 000	643 000	708 000	512 000
Total Equity	487 000	475 000	487 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	9 000	3 000	0	6 000
Unpaid Taxes	84 000	88 000	67 000	120 000
Dividends	0	0	0	0
Other Current Debt	210 000	77 000	82 000	130 000
Total Current Debt	302 000	168 000	221 000	269 000
Total Equity and Debt	789 000	643 000	708 000	512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,46 %	−2,53 %	50,51 %	355,6 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	1,14 %	−1,56 %	28,61 %	36,69 %
Current Ratio	2,61	3,83	3,2	1,88
Quick Ratio	2,61	3,83	3,2	1,88
Equity Ratio	0,62	0,74	0,69	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %