SELECTIVE MANAGEMENT AS

0177 OSLO

Finances

Share Ownership

Return on Equity

12,01 %

Current Ratio

6,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 570 000	1 855 000	1 373 000	165 000
Net Income	143 000	238 000	−76 000	−144 000
Total Assets	1 399 000	1 239 000	1 023 000	1 015 000
Total Equity	1 191 000	1 048 000	810 000	886 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 570 000	1 855 000	1 373 000	165 000
Expenditure	3 363 000	1 607 000	1 442 000	309 000
Operating Profit	207 000	248 000	−69 000	−144 000
Financial Income	−15 000	0	1 000	0
Financial Costs	5 000	2 000	7 000	0
Financial Balance	−20 000	−2 000	−6 000	0
Earnings Before Tax	187 000	246 000	−76 000	−144 000
Tax	45 000	9 000	0	0
Net Income	143 000	238 000	−76 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	11 000	0	0
Total Current Assets	1 391 000	1 227 000	1 023 000	1 015 000
Total Assets	1 399 000	1 239 000	1 023 000	1 015 000
Total Retained Equity	161 000	18 000	−220 000	−144 000
Total Equity	1 191 000	1 048 000	810 000	886 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	191 000	212 000	129 000
Total Equity and Debt	1 399 000	1 239 000	1 023 000	1 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 010 000	1 855 000	1 133 000	165 000
Other Income	560 000	0	240 000	0
Revenue	3 570 000	1 855 000	1 373 000	165 000
Cost of Goods Sold	1 282 000	64 000	0	0
Salary Costs	789 000	802 000	1 131 000	258 000
Depreciation	3 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	3 363 000	1 607 000	1 442 000	309 000
Operating Profit	207 000	248 000	−69 000	−144 000
Financial Income	−15 000	0	1 000	0
Financial Costs	5 000	2 000	7 000	0
Financial Balance	−20 000	−2 000	−6 000	0
Dividends	0	0	0	0
Net Income	143 000	238 000	−76 000	−144 000

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	8 000	11 000	0	0
Total Tangible Assets	8 000	11 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	11 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 331 000	1 012 000	775 000	942 000
Total Current Assets	1 391 000	1 227 000	1 023 000	1 015 000
Total Assets	1 399 000	1 239 000	1 023 000	1 015 000
Total Equity	1 191 000	1 048 000	810 000	886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	4 000	7 000	4 000
Unpaid Taxes	65 000	109 000	103 000	104 000
Dividends	0	0	0	0
Other Current Debt	58 000	68 000	102 000	21 000
Total Current Debt	208 000	191 000	212 000	129 000
Total Equity and Debt	1 399 000	1 239 000	1 023 000	1 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,01 %	22,71 %	−9,38 %	−16,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,8 %	13,37 %	−5,03 %	−87,27 %
Current Ratio	6,69	6,42	4,83	7,87
Quick Ratio	6,69	6,42	4,83	7,87
Equity Ratio	0,85	0,85	0,79	0,87
Gross Profit Margin	64,09 %	96,55 %	100 %	100 %