TALON SYSTEMS AS

1163 OSLO

Finances

Return on Equity

17,6 %

Current Ratio

9,27

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 000	605 000	12 000	0
Net Income	44 000	193 000	2 000	−11 000
Total Assets	530 000	530 000	274 000	270 000
Total Equity	250 000	206 000	13 000	11 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 000	605 000	12 000	0
Expenditure	27 000	350 000	7 000	7 000
Operating Profit	61 000	254 000	4 000	−7 000
Financial Income	0	0	0	0
Financial Costs	4 000	12 000	2 000	4 000
Financial Balance	−4 000	−12 000	−2 000	−4 000
Earnings Before Tax	57 000	243 000	2 000	−11 000
Tax	13 000	50 000	0	0
Net Income	44 000	193 000	2 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	254 000	254 000	254 000
Total Current Assets	241 000	276 000	20 000	16 000
Total Assets	530 000	530 000	274 000	270 000
Total Retained Equity	226 000	181 000	−12 000	−14 000
Total Equity	250 000	206 000	13 000	11 000
Total Long-Term Debt	254 000	254 000	254 000	254 000
Total Current Debt	26 000	70 000	7 000	5 000
Total Equity and Debt	530 000	530 000	274 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 000	605 000	12 000	0
Other Income	0	0	0	0
Revenue	89 000	605 000	12 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	350 000	7 000	7 000
Operating Profit	61 000	254 000	4 000	−7 000
Financial Income	0	0	0	0
Financial Costs	4 000	12 000	2 000	4 000
Financial Balance	−4 000	−12 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	44 000	193 000	2 000	−11 000

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	289 000	254 000	254 000	254 000
Total Fixed Assets	289 000	254 000	254 000	254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	240 000	267 000	9 000	16 000
Total Current Assets	241 000	276 000	20 000	16 000
Total Assets	530 000	530 000	274 000	270 000
Total Equity	250 000	206 000	13 000	11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	254 000	254 000	254 000
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	20 000	7 000	5 000
Total Current Debt	26 000	70 000	7 000	5 000
Total Equity and Debt	530 000	530 000	274 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,6 %	93,69 %	15,38 %	−100 %
Debt-to-Equity Ratio	1,02	1,23	19,54	23,09
Operating Profit Margin	68,54 %	41,98 %	33,33 %	-
Current Ratio	9,27	3,94	2,86	3,2
Quick Ratio	9,27	3,94	2,86	3,2
Equity Ratio	0,47	0,39	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	-