MOMENTUM VENTURE MANAGEMENT AS

5008 BERGEN

Finances

Return on Equity

102,08 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 174 000	9 039 000	3 453 000	4 740 000
Net Income	588 000	1 456 000	−641 000	355 000
Total Assets	2 010 000	2 557 000	395 000	724 000
Total Equity	576 000	45 000	−611 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 174 000	9 039 000	3 453 000	4 740 000
Expenditure	8 417 000	7 279 000	4 103 000	4 306 000
Operating Profit	757 000	1 760 000	−650 000	434 000
Financial Income	2 000	4 000	9 000	21 000
Financial Costs	1 000	64 000	0	0
Financial Balance	1 000	−60 000	9 000	21 000
Earnings Before Tax	758 000	1 700 000	−641 000	456 000
Tax	170 000	244 000	0	101 000
Net Income	588 000	1 456 000	−641 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	50 000	50 000	30 000
Total Current Assets	1 909 000	2 507 000	345 000	694 000
Total Assets	2 010 000	2 557 000	395 000	724 000
Total Retained Equity	546 000	15 000	−641 000	0
Total Equity	576 000	45 000	−611 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 434 000	2 512 000	1 006 000	694 000
Total Equity and Debt	2 010 000	2 557 000	395 000	724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 174 000	9 039 000	3 453 000	4 520 000
Other Income	0	0	0	220 000
Revenue	9 174 000	9 039 000	3 453 000	4 740 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 075 000	6 263 000	3 236 000	3 386 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 417 000	7 279 000	4 103 000	4 306 000
Operating Profit	757 000	1 760 000	−650 000	434 000
Financial Income	2 000	4 000	9 000	21 000
Financial Costs	1 000	64 000	0	0
Financial Balance	1 000	−60 000	9 000	21 000
Dividends	0	800 000	0	609 000
Net Income	588 000	1 456 000	−641 000	355 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	101 000	50 000	50 000	30 000
Total Fixed Assets	101 000	50 000	50 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 830 000	2 314 000	314 000	464 000
Total Current Assets	1 909 000	2 507 000	345 000	694 000
Total Assets	2 010 000	2 557 000	395 000	724 000
Total Equity	576 000	45 000	−611 000	30 000
Short-Term Group Debt	74 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	9 000	16 000	13 000
Unpaid Taxes	562 000	1 036 000	213 000	255 000
Dividends	0	800 000	0	609 000
Other Current Debt	628 000	423 000	777 000	325 000
Total Current Debt	1 434 000	2 512 000	1 006 000	694 000
Total Equity and Debt	2 010 000	2 557 000	395 000	724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,08 %	3 235,56 %	104,91 %	1 183,33 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	8,25 %	19,47 %	−18,82 %	9,16 %
Current Ratio	1,33	1	0,34	1
Quick Ratio	1,33	1	0,34	1
Equity Ratio	0,29	0,02	−1,55	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %