EQ INSTITUTE AS

0277 OSLO

Finances

Share Ownership

Return on Equity

118,93 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 761 000	11 656 000	9 524 000	8 009 000
Net Income	402 000	405 000	455 000	378 000
Total Assets	2 449 000	2 504 000	1 272 000	683 000
Total Equity	338 000	35 000	−19 000	−475 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 761 000	11 656 000	9 524 000	8 009 000
Expenditure	13 247 000	11 128 000	9 064 000	7 630 000
Operating Profit	513 000	528 000	459 000	379 000
Financial Income	5 000	−4 000	6 000	1 000
Financial Costs	3 000	1 000	0	2 000
Financial Balance	2 000	−5 000	6 000	−1 000
Earnings Before Tax	515 000	523 000	464 000	378 000
Tax	114 000	118 000	9 000	0
Net Income	402 000	405 000	455 000	378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	30 000	17 000	10 000
Total Current Assets	2 401 000	2 475 000	1 255 000	672 000
Total Assets	2 449 000	2 504 000	1 272 000	683 000
Total Retained Equity	308 000	5 000	−49 000	−505 000
Total Equity	338 000	35 000	−19 000	−475 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 112 000	2 470 000	1 292 000	1 157 000
Total Equity and Debt	2 449 000	2 504 000	1 272 000	683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 644 000	11 553 000	9 484 000	7 997 000
Other Income	117 000	103 000	40 000	12 000
Revenue	13 761 000	11 656 000	9 524 000	8 009 000
Cost of Goods Sold	4 935 000	3 549 000	2 714 000	2 354 000
Salary Costs	5 837 000	5 261 000	3 766 000	3 340 000
Depreciation	15 000	17 000	10 000	5 000
Impairment	0	0	0	0
Expenditure	13 247 000	11 128 000	9 064 000	7 630 000
Operating Profit	513 000	528 000	459 000	379 000
Financial Income	5 000	−4 000	6 000	1 000
Financial Costs	3 000	1 000	0	2 000
Financial Balance	2 000	−5 000	6 000	−1 000
Dividends	0	0	0	0
Net Income	402 000	405 000	455 000	378 000

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	48 000	30 000	17 000	10 000
Total Tangible Assets	48 000	30 000	17 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	30 000	17 000	10 000
Stock	70 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 952 000	928 000	475 000	413 000
Total Current Assets	2 401 000	2 475 000	1 255 000	672 000
Total Assets	2 449 000	2 504 000	1 272 000	683 000
Total Equity	338 000	35 000	−19 000	−475 000
Short-Term Group Debt	101 000	450 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	241 000	199 000	128 000	72 000
Unpaid Taxes	434 000	449 000	342 000	266 000
Dividends	0	0	0	0
Other Current Debt	1 249 000	1 353 000	813 000	819 000
Total Current Debt	2 112 000	2 470 000	1 292 000	1 157 000
Total Equity and Debt	2 449 000	2 504 000	1 272 000	683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,93 %	1 157,14 %	−2 394,74 %	−79,58 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	3,73 %	4,53 %	4,82 %	4,73 %
Current Ratio	1,14	1	0,97	0,58
Quick Ratio	1,18	1	0,97	0,58
Equity Ratio	0,14	0,01	−0,01	−0,7
Gross Profit Margin	64,14 %	69,55 %	71,5 %	70,61 %