EXECUTIVE ENGLISH LANGUAGE SERVICES AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

145,7 %

Current Ratio

3,09

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	483 000	331 000	315 000	439 000
Net Income	271 000	161 000	157 000	241 000
Total Assets	281 000	94 000	154 000	259 000
Total Equity	186 000	45 000	103 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	483 000	331 000	315 000	439 000
Expenditure	133 000	121 000	113 000	127 000
Operating Profit	350 000	210 000	203 000	312 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	350 000	210 000	203 000	312 000
Tax	79 000	49 000	46 000	71 000
Net Income	271 000	161 000	157 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	281 000	94 000	154 000	259 000
Total Assets	281 000	94 000	154 000	259 000
Total Retained Equity	166 000	25 000	83 000	167 000
Total Equity	186 000	45 000	103 000	187 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	91 000	49 000	50 000	73 000
Total Equity and Debt	281 000	94 000	154 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	483 000	331 000	315 000	439 000
Other Income	0	0	0	0
Revenue	483 000	331 000	315 000	439 000
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	133 000	121 000	113 000	127 000
Operating Profit	350 000	210 000	203 000	312 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	185 000
Net Income	271 000	161 000	157 000	241 000

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	246 000	88 000	106 000	208 000
Total Current Assets	281 000	94 000	154 000	259 000
Total Assets	281 000	94 000	154 000	259 000
Total Equity	186 000	45 000	103 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	185 000
Other Current Debt	16 000	1 000	4 000	1 000
Total Current Debt	91 000	49 000	50 000	73 000
Total Equity and Debt	281 000	94 000	154 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,7 %	357,78 %	152,43 %	128,88 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	72,46 %	63,44 %	64,44 %	71,07 %
Current Ratio	3,09	1,92	3,08	3,55
Quick Ratio	3,09	1,92	3,08	3,55
Equity Ratio	0,66	0,48	0,67	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %