STATE AS

2004 LILLESTRØM

Finances

Return on Equity

64,36 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 517 000	2 274 000	1 980 000	382 000
Net Income	410 000	350 000	48 000	105 000
Total Assets	1 468 000	1 010 000	614 000	304 000
Total Equity	637 000	527 000	177 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 517 000	2 274 000	1 980 000	382 000
Expenditure	2 020 000	1 829 000	1 890 000	247 000
Operating Profit	497 000	445 000	90 000	134 000
Financial Income	7 000	0	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	6 000	0	−3 000	0
Earnings Before Tax	503 000	445 000	87 000	134 000
Tax	93 000	95 000	39 000	30 000
Net Income	410 000	350 000	48 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	421 000	34 000	0
Total Current Assets	1 003 000	589 000	580 000	304 000
Total Assets	1 468 000	1 010 000	614 000	304 000
Total Retained Equity	607 000	503 000	152 000	105 000
Total Equity	637 000	527 000	177 000	129 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	831 000	483 000	437 000	175 000
Total Equity and Debt	1 468 000	1 010 000	614 000	304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 517 000	2 268 000	1 980 000	382 000
Other Income	0	6 000	0	0
Revenue	2 517 000	2 274 000	1 980 000	382 000
Cost of Goods Sold	12 000	2 000	1 000	0
Salary Costs	1 767 000	1 578 000	1 653 000	220 000
Depreciation	31 000	13 000	5 000	0
Impairment	0	0	0	0
Expenditure	2 020 000	1 829 000	1 890 000	247 000
Operating Profit	497 000	445 000	90 000	134 000
Financial Income	7 000	0	0	0
Financial Costs	1 000	0	3 000	0
Financial Balance	6 000	0	−3 000	0
Dividends	300 000	0	0	0
Net Income	410 000	350 000	48 000	105 000

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	56 000	0	0	0
Fixtures	8 000	21 000	34 000	0
Total Tangible Assets	65 000	21 000	34 000	0
Total Fiancial Fixed Assets	400 000	400 000	0	0
Total Fixed Assets	465 000	421 000	34 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	404 000	308 000	166 000
Total Current Assets	1 003 000	589 000	580 000	304 000
Total Assets	1 468 000	1 010 000	614 000	304 000
Total Equity	637 000	527 000	177 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	2 000	2 000
Unpaid Taxes	249 000	216 000	237 000	121 000
Dividends	300 000	0	0	0
Other Current Debt	166 000	151 000	157 000	22 000
Total Current Debt	831 000	483 000	437 000	175 000
Total Equity and Debt	1 468 000	1 010 000	614 000	304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,36 %	66,41 %	27,12 %	81,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,75 %	19,57 %	4,55 %	35,08 %
Current Ratio	1,21	1,22	1,33	1,74
Quick Ratio	1,21	1,22	1,33	1,74
Equity Ratio	0,43	0,52	0,29	0,42
Gross Profit Margin	99,52 %	99,91 %	99,95 %	100 %