SETSAAS REKRUTTERING AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

212,76 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 635 000	3 597 000	2 017 000	1 868 000
Net Income	1 534 000	1 353 000	306 000	50 000
Total Assets	2 604 000	2 639 000	845 000	474 000
Total Equity	721 000	187 000	491 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 635 000	3 597 000	2 017 000	1 868 000
Expenditure	2 669 000	1 864 000	1 626 000	1 805 000
Operating Profit	1 965 000	1 734 000	392 000	64 000
Financial Income	2 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	1 967 000	1 734 000	392 000	64 000
Tax	433 000	382 000	86 000	14 000
Net Income	1 534 000	1 353 000	306 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 604 000	2 639 000	845 000	474 000
Total Assets	2 604 000	2 639 000	845 000	474 000
Total Retained Equity	691 000	157 000	461 000	155 000
Total Equity	721 000	187 000	491 000	185 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 883 000	2 451 000	353 000	289 000
Total Equity and Debt	2 604 000	2 639 000	845 000	474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 635 000	3 597 000	2 005 000	1 868 000
Other Income	0	0	13 000	0
Revenue	4 635 000	3 597 000	2 017 000	1 868 000
Cost of Goods Sold	338 000	71 000	0	0
Salary Costs	1 766 000	1 146 000	1 102 000	1 300 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 669 000	1 864 000	1 626 000	1 805 000
Operating Profit	1 965 000	1 734 000	392 000	64 000
Financial Income	2 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	1 000 000	1 656 000	0	0
Net Income	1 534 000	1 353 000	306 000	50 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 195 000	2 457 000	511 000	329 000
Total Current Assets	2 604 000	2 639 000	845 000	474 000
Total Assets	2 604 000	2 639 000	845 000	474 000
Total Equity	721 000	187 000	491 000	185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	80 000	23 000	−2 000
Unpaid Taxes	279 000	221 000	134 000	152 000
Dividends	1 000 000	1 656 000	0	0
Other Current Debt	169 000	112 000	110 000	125 000
Total Current Debt	1 883 000	2 451 000	353 000	289 000
Total Equity and Debt	2 604 000	2 639 000	845 000	474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,76 %	723,53 %	62,32 %	27,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,39 %	48,21 %	19,43 %	3,43 %
Current Ratio	1,38	1,08	2,39	1,64
Quick Ratio	1,38	1,08	2,39	1,64
Equity Ratio	0,28	0,07	0,58	0,39
Gross Profit Margin	92,71 %	98,03 %	100 %	100 %