SAPIENS AS

4344 BRYNE

Finances

Return on Equity

5 171,14 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 049 000	15 504 000	54 317 000	2 836 000
Net Income	53 573 000	9 429 000	38 796 000	1 265 000
Total Assets	69 298 000	12 548 000	55 008 000	1 827 000
Total Equity	1 036 000	130 000	61 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 049 000	15 504 000	54 317 000	2 836 000
Expenditure	25 989 000	3 001 000	8 414 000	1 197 000
Operating Profit	67 060 000	12 504 000	45 903 000	1 639 000
Financial Income	1 929 000	356 000	4 071 000	13 000
Financial Costs	205 000	670 000	230 000	28 000
Financial Balance	1 724 000	−314 000	3 841 000	−15 000
Earnings Before Tax	68 784 000	12 189 000	49 744 000	1 624 000
Tax	15 211 000	2 760 000	10 948 000	359 000
Net Income	53 573 000	9 429 000	38 796 000	1 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 545 000	2 345 000	45 000	0
Total Current Assets	66 754 000	10 203 000	54 963 000	1 827 000
Total Assets	69 298 000	12 548 000	55 008 000	1 827 000
Total Retained Equity	1 014 000	108 000	39 000	25 000
Total Equity	1 036 000	130 000	61 000	47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 262 000	12 417 000	54 947 000	1 780 000
Total Equity and Debt	69 298 000	12 548 000	55 008 000	1 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 049 000	15 504 000	54 317 000	2 836 000
Other Income	0	0	0	0
Revenue	93 049 000	15 504 000	54 317 000	2 836 000
Cost of Goods Sold	1 174 000	546 000	1 000 000	0
Salary Costs	992 000	809 000	838 000	772 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 989 000	3 001 000	8 414 000	1 197 000
Operating Profit	67 060 000	12 504 000	45 903 000	1 639 000
Financial Income	1 929 000	356 000	4 071 000	13 000
Financial Costs	205 000	670 000	230 000	28 000
Financial Balance	1 724 000	−314 000	3 841 000	−15 000
Dividends	0	0	0	0
Net Income	53 573 000	9 429 000	38 796 000	1 265 000

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	45 000	45 000	45 000	0
Total Tangible Assets	45 000	45 000	45 000	0
Total Fiancial Fixed Assets	2 500 000	2 300 000	0	0
Total Fixed Assets	2 545 000	2 345 000	45 000	0
Stock	1 743 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 734 000	4 343 000	3 479 000	1 814 000
Total Current Assets	66 754 000	10 203 000	54 963 000	1 827 000
Total Assets	69 298 000	12 548 000	55 008 000	1 827 000
Total Equity	1 036 000	130 000	61 000	47 000
Short-Term Group Debt	67 522 000	12 000 000	42 049 000	1 600 000
Total Long-Term Debt	0	0	0	0
Creditors	145 000	93 000	3 171 000	23 000
Unpaid Taxes	135 000	91 000	77 000	36 000
Dividends	0	0	0	0
Other Current Debt	104 000	114 000	331 000	114 000
Total Current Debt	68 262 000	12 417 000	54 947 000	1 780 000
Total Equity and Debt	69 298 000	12 548 000	55 008 000	1 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 171,14 %	7 253,08 %	63 600 %	2 691,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	72,07 %	80,65 %	84,51 %	57,79 %
Current Ratio	0,98	0,82	1	1,03
Quick Ratio	1	0,82	1	1,03
Equity Ratio	0,01	0,01	0	0,03
Gross Profit Margin	98,74 %	96,48 %	98,16 %	100 %