FORTE TECHNOLOGY AS

0167 OSLO

Finances

Share Ownership

Return on Equity

69,19 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 478 000	49 471 000	31 284 000	13 509 000
Net Income	11 711 000	5 233 000	4 915 000	2 153 000
Total Assets	38 440 000	22 390 000	15 153 000	6 013 000
Total Equity	16 926 000	9 476 000	7 116 000	2 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 478 000	49 471 000	31 284 000	13 509 000
Expenditure	75 476 000	42 778 000	24 971 000	10 753 000
Operating Profit	15 002 000	6 693 000	6 313 000	2 756 000
Financial Income	32 000	24 000	1 000	1 000
Financial Costs	10 000	8 000	4 000	2 000
Financial Balance	22 000	16 000	−3 000	−1 000
Earnings Before Tax	15 024 000	6 709 000	6 309 000	2 754 000
Tax	3 313 000	1 476 000	1 394 000	601 000
Net Income	11 711 000	5 233 000	4 915 000	2 153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 284 000	1 267 000	797 000	418 000
Total Current Assets	35 156 000	21 123 000	14 356 000	5 594 000
Total Assets	38 440 000	22 390 000	15 153 000	6 013 000
Total Retained Equity	15 228 000	8 985 000	7 052 000	2 137 000
Total Equity	16 926 000	9 476 000	7 116 000	2 193 000
Total Long-Term Debt	25 000	19 000	21 000	17 000
Total Current Debt	21 489 000	12 894 000	8 017 000	3 803 000
Total Equity and Debt	38 440 000	22 390 000	15 153 000	6 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 478 000	49 471 000	31 284 000	13 509 000
Other Income	0	0	0	0
Revenue	90 478 000	49 471 000	31 284 000	13 509 000
Cost of Goods Sold	0	0	0	0
Salary Costs	65 285 000	36 803 000	21 292 000	9 124 000
Depreciation	1 082 000	504 000	264 000	71 000
Impairment	0	0	0	0
Expenditure	75 476 000	42 778 000	24 971 000	10 753 000
Operating Profit	15 002 000	6 693 000	6 313 000	2 756 000
Financial Income	32 000	24 000	1 000	1 000
Financial Costs	10 000	8 000	4 000	2 000
Financial Balance	22 000	16 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	11 711 000	5 233 000	4 915 000	2 153 000

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	3 284 000	1 267 000	797 000	418 000
Total Tangible Assets	3 284 000	1 267 000	797 000	418 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 284 000	1 267 000	797 000	418 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 105 000	7 835 000	5 423 000	3 523 000
Total Current Assets	35 156 000	21 123 000	14 356 000	5 594 000
Total Assets	38 440 000	22 390 000	15 153 000	6 013 000
Total Equity	16 926 000	9 476 000	7 116 000	2 193 000
Short-Term Group Debt	0	0	0	410 000
Total Long-Term Debt	25 000	19 000	21 000	17 000
Creditors	4 005 000	863 000	25 000	69 000
Unpaid Taxes	7 717 000	4 898 000	3 170 000	1 660 000
Dividends	0	0	0	0
Other Current Debt	6 459 000	5 656 000	3 433 000	1 080 000
Total Current Debt	21 489 000	12 894 000	8 017 000	3 803 000
Total Equity and Debt	38 440 000	22 390 000	15 153 000	6 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,19 %	55,22 %	69,07 %	98,18 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	16,58 %	13,53 %	20,18 %	20,4 %
Current Ratio	1,64	1,64	1,79	1,47
Quick Ratio	1,64	1,64	1,79	1,47
Equity Ratio	0,44	0,42	0,47	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %