FORMATORIET AS

1177 OSLO

Finances

Return on Equity

496 %

Current Ratio

0,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 885 000	2 434 000	157 000	588 000
Net Income	496 000	657 000	−69 000	22 000
Total Assets	1 113 000	1 531 000	88 000	156 000
Total Equity	100 000	564 000	20 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 885 000	2 434 000	157 000	588 000
Expenditure	2 247 000	1 611 000	225 000	557 000
Operating Profit	639 000	823 000	−69 000	32 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−1 000	0	0	1 000
Earnings Before Tax	638 000	823 000	−69 000	33 000
Tax	142 000	167 000	0	11 000
Net Income	496 000	657 000	−69 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	266 000	4 000	10 000	16 000
Total Current Assets	846 000	1 528 000	78 000	141 000
Total Assets	1 113 000	1 531 000	88 000	156 000
Total Retained Equity	70 000	534 000	−10 000	59 000
Total Equity	100 000	564 000	20 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 013 000	967 000	67 000	67 000
Total Equity and Debt	1 113 000	1 531 000	88 000	156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 885 000	2 434 000	157 000	588 000
Other Income	0	0	0	0
Revenue	2 885 000	2 434 000	157 000	588 000
Cost of Goods Sold	5 000	62 000	0	49 000
Salary Costs	1 981 000	1 408 000	135 000	368 000
Depreciation	8 000	6 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	2 247 000	1 611 000	225 000	557 000
Operating Profit	639 000	823 000	−69 000	32 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	496 000	657 000	−69 000	22 000

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	16 000	4 000	10 000	16 000
Total Tangible Assets	16 000	4 000	10 000	16 000
Total Fiancial Fixed Assets	250 000	0	0	0
Total Fixed Assets	266 000	4 000	10 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	526 000	1 528 000	53 000	93 000
Total Current Assets	846 000	1 528 000	78 000	141 000
Total Assets	1 113 000	1 531 000	88 000	156 000
Total Equity	100 000	564 000	20 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	23 000	0
Unpaid Taxes	193 000	657 000	27 000	11 000
Dividends	0	0	0	0
Other Current Debt	668 000	143 000	17 000	47 000
Total Current Debt	1 013 000	967 000	67 000	67 000
Total Equity and Debt	1 113 000	1 531 000	88 000	156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	496 %	116,49 %	−345 %	24,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,15 %	33,81 %	−43,95 %	5,44 %
Current Ratio	0,84	1,58	1,16	2,1
Quick Ratio	0,84	1,58	1,16	2,1
Equity Ratio	0,09	0,37	0,23	0,57
Gross Profit Margin	99,83 %	97,45 %	100 %	91,67 %