ANDBALLOONS AS

0870 OSLO

Finances

Share Ownership

Return on Equity

121,56 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 618 000	1 775 000	82 000
Net Income	733 000	429 000	16 000
Total Assets	1 361 000	729 000	93 000
Total Equity	603 000	470 000	40 000

Income (NOK)	2022	2021	2020
Revenue	3 618 000	1 775 000	82 000
Expenditure	2 680 000	1 226 000	62 000
Operating Profit	938 000	549 000	20 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	938 000	549 000	20 000
Tax	204 000	120 000	4 000
Net Income	733 000	429 000	16 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	55 000	0	0
Total Current Assets	1 306 000	729 000	93 000
Total Assets	1 361 000	729 000	93 000
Total Retained Equity	573 000	445 000	16 000
Total Equity	603 000	470 000	40 000
Total Long-Term Debt	0	0	0
Total Current Debt	758 000	259 000	52 000
Total Equity and Debt	1 361 000	729 000	93 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 618 000	1 775 000	82 000
Other Income	0	0	0
Revenue	3 618 000	1 775 000	82 000
Cost of Goods Sold	1 469 000	588 000	26 000
Salary Costs	496 000	205 000	0
Depreciation	5 000	0	0
Impairment	0	0	0
Expenditure	2 680 000	1 226 000	62 000
Operating Profit	938 000	549 000	20 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	300 000	0	0
Net Income	733 000	429 000	16 000

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	55 000	0	0
Total Tangible Assets	55 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	55 000	0	0
Stock	194 000	62 000	43 000
Total Investments	0	0	0
Cash, Bank	967 000	555 000	21 000
Total Current Assets	1 306 000	729 000	93 000
Total Assets	1 361 000	729 000	93 000
Total Equity	603 000	470 000	40 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	74 000	63 000	24 000
Unpaid Taxes	126 000	54 000	−7 000
Dividends	300 000	0	0
Other Current Debt	53 000	22 000	32 000
Total Current Debt	758 000	259 000	52 000
Total Equity and Debt	1 361 000	729 000	93 000

Financial indicators	2022	2021	2020
Return on Equity	121,56 %	91,28 %	40 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	25,93 %	30,93 %	24,39 %
Current Ratio	1,72	2,81	1,79
Quick Ratio	2,32	3,7	10,33
Equity Ratio	0,44	0,64	0,43
Gross Profit Margin	59,4 %	66,87 %	68,29 %