PATEL & ABDELMAGUID FOUNDATION AS

0186 OSLO

Finances

Share Ownership

Return on Equity

23,43 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 134 000	2 847 000	3 906 000
Net Income	627 000	972 000	−66 000	740 000
Total Assets	4 512 000	4 075 000	3 564 000	3 154 000
Total Equity	2 676 000	2 049 000	1 077 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 134 000	2 847 000	3 906 000
Expenditure	2 414 000	888 000	2 774 000	2 957 000
Operating Profit	1 213 000	1 246 000	73 000	949 000
Financial Income	0	2 000	0	1 000
Financial Costs	3 000	3 000	0	2 000
Financial Balance	−3 000	−1 000	0	−1 000
Earnings Before Tax	1 211 000	1 246 000	72 000	948 000
Tax	584 000	274 000	138 000	209 000
Net Income	627 000	972 000	−66 000	740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 094 000	1 748 000	1 857 000	3 030 000
Total Current Assets	3 418 000	2 327 000	1 707 000	124 000
Total Assets	4 512 000	4 075 000	3 564 000	3 154 000
Total Retained Equity	2 646 000	2 019 000	1 047 000	1 114 000
Total Equity	2 676 000	2 049 000	1 077 000	1 144 000
Total Long-Term Debt	84 000	481 000	462 000	84 000
Total Current Debt	1 752 000	1 545 000	2 024 000	1 927 000
Total Equity and Debt	4 512 000	4 075 000	3 564 000	3 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 000	245 000	3 906 000
Other Income	3 627 000	2 131 000	2 601 000	0
Revenue	3 627 000	2 134 000	2 847 000	3 906 000
Cost of Goods Sold	405 000	252 000	1 623 000	2 590 000
Salary Costs	0	0	0	0
Depreciation	535 000	531 000	486 000	100 000
Impairment	0	0	0	0
Expenditure	2 414 000	888 000	2 774 000	2 957 000
Operating Profit	1 213 000	1 246 000	73 000	949 000
Financial Income	0	2 000	0	1 000
Financial Costs	3 000	3 000	0	2 000
Financial Balance	−3 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	627 000	972 000	−66 000	740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	2 300 000
Total Intangible Assets	1 094 000	1 629 000	1 857 000	2 300 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	118 000	0	730 000
Total Fixed Assets	1 094 000	1 748 000	1 857 000	3 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 706 000	1 999 000	371 000	64 000
Total Current Assets	3 418 000	2 327 000	1 707 000	124 000
Total Assets	4 512 000	4 075 000	3 564 000	3 154 000
Total Equity	2 676 000	2 049 000	1 077 000	1 144 000
Short-Term Group Debt	0	0	0	1 213 000
Total Long-Term Debt	84 000	481 000	462 000	84 000
Creditors	0	615 000	2 000	159 000
Unpaid Taxes	136 000	75 000	104 000	−59 000
Dividends	0	0	0	0
Other Current Debt	1 032 000	580 000	1 780 000	489 000
Total Current Debt	1 752 000	1 545 000	2 024 000	1 927 000
Total Equity and Debt	4 512 000	4 075 000	3 564 000	3 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,43 %	47,44 %	−6,13 %	64,69 %
Debt-to-Equity Ratio	0,03	0,23	0,43	0,07
Operating Profit Margin	33,44 %	58,39 %	2,56 %	24,3 %
Current Ratio	1,95	1,51	0,84	0,06
Quick Ratio	1,95	1,51	0,84	0,06
Equity Ratio	0,59	0,5	0,3	0,36
Gross Profit Margin	88,83 %	88,19 %	42,99 %	33,69 %