SOURCE AS

7012 TRONDHEIM

Finances

Return on Equity

61,38 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 688 000	18 225 000	14 450 000	12 511 000
Net Income	3 595 000	5 903 000	3 300 000	3 671 000
Total Assets	14 125 000	13 231 000	10 984 000	7 774 000
Total Equity	5 857 000	5 412 000	3 708 000	3 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 688 000	18 225 000	14 450 000	12 511 000
Expenditure	17 094 000	11 079 000	10 255 000	7 892 000
Operating Profit	4 594 000	7 147 000	4 194 000	4 620 000
Financial Income	84 000	424 000	69 000	86 000
Financial Costs	8 000	81 000	32 000	0
Financial Balance	76 000	343 000	37 000	86 000
Earnings Before Tax	4 670 000	7 490 000	4 231 000	4 706 000
Tax	1 075 000	1 587 000	932 000	1 034 000
Net Income	3 595 000	5 903 000	3 300 000	3 671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 819 000	1 429 000	911 000	152 000
Total Current Assets	12 306 000	11 801 000	10 073 000	7 621 000
Total Assets	14 125 000	13 231 000	10 984 000	7 774 000
Total Retained Equity	5 755 000	5 310 000	3 607 000	3 307 000
Total Equity	5 857 000	5 412 000	3 708 000	3 409 000
Total Long-Term Debt	0	0	1 966 000	0
Total Current Debt	8 268 000	7 819 000	5 310 000	4 365 000
Total Equity and Debt	14 125 000	13 231 000	10 984 000	7 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 688 000	18 225 000	14 450 000	12 511 000
Other Income	0	0	0	0
Revenue	21 688 000	18 225 000	14 450 000	12 511 000
Cost of Goods Sold	4 061 000	3 710 000	4 224 000	2 431 000
Salary Costs	10 501 000	6 300 000	3 898 000	4 197 000
Depreciation	147 000	97 000	77 000	40 000
Impairment	0	0	0	0
Expenditure	17 094 000	11 079 000	10 255 000	7 892 000
Operating Profit	4 594 000	7 147 000	4 194 000	4 620 000
Financial Income	84 000	424 000	69 000	86 000
Financial Costs	8 000	81 000	32 000	0
Financial Balance	76 000	343 000	37 000	86 000
Dividends	3 150 000	4 200 000	3 000 000	1 950 000
Net Income	3 595 000	5 903 000	3 300 000	3 671 000

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	137 000	156 000	176 000	83 000
Total Tangible Assets	137 000	156 000	176 000	83 000
Total Fiancial Fixed Assets	1 681 000	1 273 000	735 000	70 000
Total Fixed Assets	1 819 000	1 429 000	911 000	152 000
Stock	0	0	0	0
Total Investments	1 090 000	1 090 000	2 878 000	0
Cash, Bank	6 329 000	7 494 000	4 726 000	5 018 000
Total Current Assets	12 306 000	11 801 000	10 073 000	7 621 000
Total Assets	14 125 000	13 231 000	10 984 000	7 774 000
Total Equity	5 857 000	5 412 000	3 708 000	3 409 000
Short-Term Group Debt	500 000	6 000	0	11 000
Total Long-Term Debt	0	0	1 966 000	0
Creditors	356 000	59 000	253 000	64 000
Unpaid Taxes	2 332 000	1 383 000	797 000	917 000
Dividends	3 150 000	4 200 000	3 000 000	1 950 000
Other Current Debt	965 000	552 000	360 000	389 000
Total Current Debt	8 268 000	7 819 000	5 310 000	4 365 000
Total Equity and Debt	14 125 000	13 231 000	10 984 000	7 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,38 %	109,07 %	89 %	107,69 %
Debt-to-Equity Ratio	0	0	0,53	0
Operating Profit Margin	21,18 %	39,22 %	29,02 %	36,93 %
Current Ratio	1,49	1,51	1,9	1,75
Quick Ratio	1,49	1,51	1,9	1,75
Equity Ratio	0,41	0,41	0,34	0,44
Gross Profit Margin	81,28 %	79,64 %	70,77 %	80,57 %