MILESTONE SYSTEMS NORWAY AS

0152 OSLO

Finances

Share Ownership

Return on Equity

27,56 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 786 000	2 495 000	2 413 000	927 000
Net Income	78 000	73 000	65 000	25 000
Total Assets	815 000	647 000	593 000	456 000
Total Equity	283 000	206 000	133 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 786 000	2 495 000	2 413 000	927 000
Expenditure	2 688 000	2 408 000	2 324 000	895 000
Operating Profit	99 000	87 000	89 000	32 000
Financial Income	5 000	8 000	2 000	0
Financial Costs	3 000	0	0	3 000
Financial Balance	2 000	8 000	2 000	−3 000
Earnings Before Tax	101 000	95 000	91 000	29 000
Tax	23 000	22 000	26 000	4 000
Net Income	78 000	73 000	65 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	815 000	647 000	593 000	456 000
Total Assets	815 000	647 000	593 000	456 000
Total Retained Equity	241 000	163 000	90 000	25 000
Total Equity	283 000	206 000	133 000	67 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	532 000	441 000	461 000	388 000
Total Equity and Debt	815 000	647 000	593 000	456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 786 000	2 495 000	2 413 000	927 000
Other Income	0	0	0	0
Revenue	2 786 000	2 495 000	2 413 000	927 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 792 000	1 932 000	1 604 000	567 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 688 000	2 408 000	2 324 000	895 000
Operating Profit	99 000	87 000	89 000	32 000
Financial Income	5 000	8 000	2 000	0
Financial Costs	3 000	0	0	3 000
Financial Balance	2 000	8 000	2 000	−3 000
Dividends	0	0	0	0
Net Income	78 000	73 000	65 000	25 000

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	218 000	511 000	338 000	356 000
Total Current Assets	815 000	647 000	593 000	456 000
Total Assets	815 000	647 000	593 000	456 000
Total Equity	283 000	206 000	133 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	0	0	0
Unpaid Taxes	92 000	100 000	82 000	62 000
Dividends	0	0	0	0
Other Current Debt	388 000	319 000	353 000	323 000
Total Current Debt	532 000	441 000	461 000	388 000
Total Equity and Debt	815 000	647 000	593 000	456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,56 %	35,44 %	48,87 %	37,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,55 %	3,49 %	3,69 %	3,45 %
Current Ratio	1,53	1,47	1,29	1,18
Quick Ratio	1,53	1,47	1,29	1,18
Equity Ratio	0,35	0,32	0,22	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %