BARE SOFTWARE AS

7083 LEINSTRAND

Finances

Share Ownership

Return on Equity

45,01 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 634 000	1 683 000	1 427 000	1 288 000
Net Income	302 000	394 000	289 000	312 000
Total Assets	1 250 000	1 212 000	924 000	621 000
Total Equity	671 000	569 000	475 000	336 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 634 000	1 683 000	1 427 000	1 288 000
Expenditure	1 252 000	1 191 000	1 060 000	888 000
Operating Profit	382 000	492 000	367 000	400 000
Financial Income	5 000	13 000	2 000	0
Financial Costs	3 000	0	1 000	0
Financial Balance	2 000	13 000	1 000	0
Earnings Before Tax	383 000	505 000	368 000	400 000
Tax	82 000	111 000	80 000	88 000
Net Income	302 000	394 000	289 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 250 000	1 212 000	924 000	621 000
Total Assets	1 250 000	1 212 000	924 000	621 000
Total Retained Equity	641 000	545 000	451 000	312 000
Total Equity	671 000	569 000	475 000	336 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	579 000	643 000	449 000	284 000
Total Equity and Debt	1 250 000	1 212 000	924 000	621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 634 000	1 683 000	1 427 000	1 288 000
Other Income	0	0	0	0
Revenue	1 634 000	1 683 000	1 427 000	1 288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 224 000	1 148 000	984 000	860 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 252 000	1 191 000	1 060 000	888 000
Operating Profit	382 000	492 000	367 000	400 000
Financial Income	5 000	13 000	2 000	0
Financial Costs	3 000	0	1 000	0
Financial Balance	2 000	13 000	1 000	0
Dividends	200 000	300 000	150 000	0
Net Income	302 000	394 000	289 000	312 000

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	12 000	82 000	0	0
Cash, Bank	1 072 000	985 000	600 000	487 000
Total Current Assets	1 250 000	1 212 000	924 000	621 000
Total Assets	1 250 000	1 212 000	924 000	621 000
Total Equity	671 000	569 000	475 000	336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	10 000	6 000	14 000
Unpaid Taxes	176 000	134 000	135 000	115 000
Dividends	200 000	300 000	150 000	0
Other Current Debt	102 000	88 000	77 000	67 000
Total Current Debt	579 000	643 000	449 000	284 000
Total Equity and Debt	1 250 000	1 212 000	924 000	621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,01 %	69,24 %	60,84 %	92,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,38 %	29,23 %	25,72 %	31,06 %
Current Ratio	2,16	1,88	2,06	2,19
Quick Ratio	2,16	1,88	2,06	2,19
Equity Ratio	0,54	0,47	0,51	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %