ZOLVE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

46,01 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 587 000	14 391 000	9 887 000	5 519 000
Net Income	1 649 000	2 169 000	1 687 000	595 000
Total Assets	6 206 000	7 853 000	5 550 000	3 199 000
Total Equity	3 584 000	5 265 000	3 608 000	2 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 587 000	14 391 000	9 887 000	5 519 000
Expenditure	13 480 000	11 607 000	7 725 000	4 754 000
Operating Profit	2 107 000	2 784 000	2 162 000	764 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	1 000	4 000	0	0
Financial Balance	11 000	−1 000	1 000	1 000
Earnings Before Tax	2 118 000	2 783 000	2 163 000	765 000
Tax	468 000	613 000	476 000	170 000
Net Income	1 649 000	2 169 000	1 687 000	595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	996 000	1 172 000	487 000	251 000
Total Current Assets	5 210 000	6 681 000	5 062 000	2 948 000
Total Assets	6 206 000	7 853 000	5 550 000	3 199 000
Total Retained Equity	3 540 000	5 221 000	3 563 000	2 056 000
Total Equity	3 584 000	5 265 000	3 608 000	2 101 000
Total Long-Term Debt	9 000	13 000	6 000	3 000
Total Current Debt	2 612 000	2 575 000	1 936 000	1 095 000
Total Equity and Debt	6 206 000	7 853 000	5 550 000	3 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 583 000	14 360 000	9 887 000	5 518 000
Other Income	4 000	31 000	0	0
Revenue	15 587 000	14 391 000	9 887 000	5 519 000
Cost of Goods Sold	81 000	169 000	86 000	8 000
Salary Costs	10 522 000	8 973 000	5 843 000	3 654 000
Depreciation	292 000	242 000	106 000	73 000
Impairment	0	0	0	0
Expenditure	13 480 000	11 607 000	7 725 000	4 754 000
Operating Profit	2 107 000	2 784 000	2 162 000	764 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	1 000	4 000	0	0
Financial Balance	11 000	−1 000	1 000	1 000
Dividends	0	0	180 000	0
Net Income	1 649 000	2 169 000	1 687 000	595 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	73 000	39 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	932 000	1 099 000	449 000	251 000
Total Tangible Assets	932 000	1 099 000	449 000	251 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	996 000	1 172 000	487 000	251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 108 000	4 294 000	4 196 000	1 430 000
Total Current Assets	5 210 000	6 681 000	5 062 000	2 948 000
Total Assets	6 206 000	7 853 000	5 550 000	3 199 000
Total Equity	3 584 000	5 265 000	3 608 000	2 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	13 000	6 000	3 000
Creditors	107 000	124 000	148 000	71 000
Unpaid Taxes	1 155 000	1 087 000	792 000	531 000
Dividends	0	0	180 000	0
Other Current Debt	878 000	757 000	523 000	322 000
Total Current Debt	2 612 000	2 575 000	1 936 000	1 095 000
Total Equity and Debt	6 206 000	7 853 000	5 550 000	3 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,01 %	41,2 %	46,76 %	28,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,52 %	19,35 %	21,87 %	13,84 %
Current Ratio	1,99	2,59	2,61	2,69
Quick Ratio	1,99	2,59	2,61	2,69
Equity Ratio	0,58	0,67	0,65	0,66
Gross Profit Margin	99,48 %	98,83 %	99,13 %	99,86 %