KOVAC CONSULTING AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

80,57 %

Current Ratio

0,37

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2022	2021	2020
Revenue	701 000	1 266 000	1 027 000
Net Income	−141 000	6 000	89 000
Total Assets	273 000	912 000	185 000
Total Equity	−175 000	−34 000	−41 000

Income (NOK)	2022	2021	2020
Revenue	701 000	1 266 000	1 027 000
Expenditure	866 000	1 228 000	913 000
Operating Profit	−165 000	38 000	114 000
Financial Income	0	0	0
Financial Costs	2 000	6 000	0
Financial Balance	−2 000	−6 000	0
Earnings Before Tax	−166 000	33 000	114 000
Tax	−26 000	26 000	25 000
Net Income	−141 000	6 000	89 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	177 000	677 000	0
Total Current Assets	96 000	235 000	185 000
Total Assets	273 000	912 000	185 000
Total Retained Equity	−205 000	−64 000	−61 000
Total Equity	−175 000	−34 000	−41 000
Total Long-Term Debt	185 000	716 000	0
Total Current Debt	263 000	230 000	226 000
Total Equity and Debt	273 000	912 000	185 000

Cash flow (NOK)	2022	2021	2020
Sales Income	701 000	1 266 000	1 027 000
Other Income	0	0	0
Revenue	701 000	1 266 000	1 027 000
Cost of Goods Sold	0	24 000	0
Salary Costs	397 000	708 000	739 000
Depreciation	93 000	23 000	0
Impairment	0	0	0
Expenditure	866 000	1 228 000	913 000
Operating Profit	−165 000	38 000	114 000
Financial Income	0	0	0
Financial Costs	2 000	6 000	0
Financial Balance	−2 000	−6 000	0
Dividends	0	0	150 000
Net Income	−141 000	6 000	89 000

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	177 000	677 000	0
Total Tangible Assets	177 000	677 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	177 000	677 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	59 000	221 000	83 000
Total Current Assets	96 000	235 000	185 000
Total Assets	273 000	912 000	185 000
Total Equity	−175 000	−34 000	−41 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	185 000	716 000	0
Creditors	21 000	20 000	32 000
Unpaid Taxes	89 000	145 000	91 000
Dividends	0	0	150 000
Other Current Debt	153 000	65 000	78 000
Total Current Debt	263 000	230 000	226 000
Total Equity and Debt	273 000	912 000	185 000

Financial indicators	2022	2021	2020
Return on Equity	80,57 %	−17,65 %	−217,07 %
Debt-to-Equity Ratio	−1,06	−21,06	−0
Operating Profit Margin	−23,54 %	3 %	11,1 %
Current Ratio	0,37	1,02	0,82
Quick Ratio	0,37	1,02	0,82
Equity Ratio	−0,64	−0,04	−0,22
Gross Profit Margin	100 %	98,1 %	100 %