CIRCLES AS

0253 OSLO

Finances

Share Ownership

Return on Equity

73,41 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 518 000	1 348 000	1 778 000
Net Income	301 000	314 000	−71 000	136 000
Total Assets	853 000	609 000	166 000	358 000
Total Equity	410 000	410 000	96 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 518 000	1 348 000	1 778 000
Expenditure	1 547 000	1 113 000	1 438 000	1 603 000
Operating Profit	391 000	405 000	−90 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	1 000	1 000
Financial Balance	0	−2 000	−1 000	−1 000
Earnings Before Tax	391 000	403 000	−90 000	175 000
Tax	90 000	89 000	−20 000	38 000
Net Income	301 000	314 000	−71 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	9 000	37 000	46 000
Total Current Assets	753 000	600 000	129 000	312 000
Total Assets	853 000	609 000	166 000	358 000
Total Retained Equity	380 000	380 000	66 000	136 000
Total Equity	410 000	410 000	96 000	166 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	443 000	200 000	70 000	191 000
Total Equity and Debt	853 000	609 000	166 000	358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 937 000	1 518 000	1 348 000	1 778 000
Other Income	0	0	0	0
Revenue	1 937 000	1 518 000	1 348 000	1 778 000
Cost of Goods Sold	0	0	0	0
Salary Costs	206 000	154 000	178 000	154 000
Depreciation	5 000	15 000	15 000	10 000
Impairment	0	0	0	0
Expenditure	1 547 000	1 113 000	1 438 000	1 603 000
Operating Profit	391 000	405 000	−90 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	1 000	1 000
Financial Balance	0	−2 000	−1 000	−1 000
Dividends	300 000	0	0	0
Net Income	301 000	314 000	−71 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	4 000	17 000	10 000
Real Eastate	0	5 000	20 000	35 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	5 000	20 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	100 000	9 000	37 000	46 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	592 000	495 000	49 000	87 000
Total Current Assets	753 000	600 000	129 000	312 000
Total Assets	853 000	609 000	166 000	358 000
Total Equity	410 000	410 000	96 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	34 000	−8 000	−16 000
Unpaid Taxes	16 000	56 000	11 000	28 000
Dividends	300 000	0	0	0
Other Current Debt	0	33 000	17 000	130 000
Total Current Debt	443 000	200 000	70 000	191 000
Total Equity and Debt	853 000	609 000	166 000	358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,41 %	76,59 %	−73,96 %	81,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,19 %	26,68 %	−6,68 %	9,84 %
Current Ratio	1,7	3	1,84	1,63
Quick Ratio	1,7	3	1,84	1,63
Equity Ratio	0,48	0,67	0,58	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %