BUSINESS SWEDEN BUSINESS SUPPORT OFFICE NORWAY

0253 OSLO

Finances

Share Ownership

Return on Equity

58,28 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 610 000	1 974 000	151 972 000
Net Income	95 000	53 000	7 835 000
Total Assets	701 000	419 000	180 587 000
Total Equity	163 000	68 000	76 950 000

Income (NOK)	2022	2021	2020
Revenue	2 610 000	1 974 000	151 972 000
Expenditure	2 485 000	1 887 000	141 246 000
Operating Profit	124 000	86 000	10 726 000
Financial Income	0	0	103 000
Financial Costs	3 000	23 000	635 000
Financial Balance	−3 000	−23 000	−532 000
Earnings Before Tax	122 000	64 000	10 194 000
Tax	27 000	11 000	2 359 000
Net Income	95 000	53 000	7 835 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	6 234 000
Total Current Assets	701 000	419 000	174 353 000
Total Assets	701 000	419 000	180 587 000
Total Retained Equity	163 000	68 000	0
Total Equity	163 000	68 000	76 950 000
Total Long-Term Debt	0	0	587 000
Total Current Debt	538 000	351 000	103 050 000
Total Equity and Debt	701 000	419 000	180 587 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 610 000	1 974 000	151 912 000
Other Income	0	0	60 000
Revenue	2 610 000	1 974 000	151 972 000
Cost of Goods Sold	0	0	0
Salary Costs	1 939 000	1 173 000	70 843 000
Depreciation	0	0	2 346 000
Impairment	0	0	0
Expenditure	2 485 000	1 887 000	141 246 000
Operating Profit	124 000	86 000	10 726 000
Financial Income	0	0	103 000
Financial Costs	3 000	23 000	635 000
Financial Balance	−3 000	−23 000	−532 000
Dividends	0	0	0
Net Income	95 000	53 000	7 835 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	3 496 000
Total Tangible Assets	0	0	3 496 000
Total Fiancial Fixed Assets	0	0	2 738 000
Total Fixed Assets	0	0	6 234 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	373 000	218 000	99 970 000
Total Current Assets	701 000	419 000	174 353 000
Total Assets	701 000	419 000	180 587 000
Total Equity	163 000	68 000	76 950 000
Short-Term Group Debt	150 000	150 000	39 407 000
Total Long-Term Debt	0	0	587 000
Creditors	0	0	485 000
Unpaid Taxes	161 000	70 000	0
Dividends	0	0	0
Other Current Debt	201 000	120 000	61 872 000
Total Current Debt	538 000	351 000	103 050 000
Total Equity and Debt	701 000	419 000	180 587 000

Financial indicators	2022	2021	2020
Return on Equity	58,28 %	77,94 %	10,18 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	4,75 %	4,36 %	7,06 %
Current Ratio	1,3	1,19	1,69
Quick Ratio	1,3	1,19	1,69
Equity Ratio	0,23	0,16	0,43
Gross Profit Margin	100 %	100 %	100 %