WISDOM FROM NORTH AS

0789 OSLO

Finances

Share Ownership

Return on Equity

39,65 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 676 000	2 118 000	1 243 000	449 000
Net Income	205 000	184 000	79 000	95 000
Total Assets	905 000	840 000	537 000	286 000
Total Equity	517 000	462 000	278 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 676 000	2 118 000	1 243 000	449 000
Expenditure	3 417 000	1 883 000	1 139 000	326 000
Operating Profit	259 000	235 000	104 000	123 000
Financial Income	3 000	1 000	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	2 000	1 000	−2 000	0
Earnings Before Tax	260 000	236 000	102 000	123 000
Tax	56 000	52 000	22 000	28 000
Net Income	205 000	184 000	79 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	41 000	40 000	0
Total Current Assets	905 000	800 000	497 000	286 000
Total Assets	905 000	840 000	537 000	286 000
Total Retained Equity	417 000	362 000	178 000	99 000
Total Equity	517 000	462 000	278 000	199 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	388 000	379 000	259 000	88 000
Total Equity and Debt	905 000	840 000	537 000	286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 676 000	2 118 000	1 243 000	449 000
Other Income	0	0	0	0
Revenue	3 676 000	2 118 000	1 243 000	449 000
Cost of Goods Sold	862 000	40 000	111 000	0
Salary Costs	1 726 000	1 015 000	650 000	0
Depreciation	16 000	15 000	2 000	0
Impairment	24 000	0	0	0
Expenditure	3 417 000	1 883 000	1 139 000	326 000
Operating Profit	259 000	235 000	104 000	123 000
Financial Income	3 000	1 000	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	2 000	1 000	−2 000	0
Dividends	150 000	0	0	0
Net Income	205 000	184 000	79 000	95 000

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	41 000	40 000	0
Total Tangible Assets	0	41 000	40 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	41 000	40 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	905 000	800 000	502 000	231 000
Total Current Assets	905 000	800 000	497 000	286 000
Total Assets	905 000	840 000	537 000	286 000
Total Equity	517 000	462 000	278 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	4 000	0
Unpaid Taxes	220 000	242 000	172 000	15 000
Dividends	150 000	0	0	0
Other Current Debt	106 000	90 000	60 000	45 000
Total Current Debt	388 000	379 000	259 000	88 000
Total Equity and Debt	905 000	840 000	537 000	286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,65 %	39,83 %	28,42 %	47,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,05 %	11,1 %	8,37 %	27,39 %
Current Ratio	2,33	2,11	1,92	3,25
Quick Ratio	2,33	2,11	1,92	3,25
Equity Ratio	0,57	0,55	0,52	0,7
Gross Profit Margin	76,55 %	98,11 %	91,07 %	100 %