BALANSENARVE AS

0687 OSLO

Finances

Share Ownership

Return on Equity

33,65 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 517 000	1 383 000	853 000
Net Income	70 000	−15 000	124 000
Total Assets	404 000	490 000	407 000
Total Equity	208 000	138 000	154 000

Income (NOK)	2022	2021	2020
Revenue	1 517 000	1 383 000	853 000
Expenditure	1 431 000	1 396 000	695 000
Operating Profit	87 000	−13 000	158 000
Financial Income	0	0	0
Financial Costs	1 000	3 000	0
Financial Balance	−1 000	−3 000	0
Earnings Before Tax	86 000	−15 000	158 000
Tax	16 000	0	35 000
Net Income	70 000	−15 000	124 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	107 000	218 000	0
Total Current Assets	297 000	272 000	407 000
Total Assets	404 000	490 000	407 000
Total Retained Equity	178 000	108 000	124 000
Total Equity	208 000	138 000	154 000
Total Long-Term Debt	0	0	0
Total Current Debt	195 000	352 000	253 000
Total Equity and Debt	404 000	490 000	407 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 497 000	1 383 000	853 000
Other Income	20 000	0	0
Revenue	1 517 000	1 383 000	853 000
Cost of Goods Sold	32 000	8 000	0
Salary Costs	735 000	762 000	346 000
Depreciation	4 000	9 000	0
Impairment	0	0	0
Expenditure	1 431 000	1 396 000	695 000
Operating Profit	87 000	−13 000	158 000
Financial Income	0	0	0
Financial Costs	1 000	3 000	0
Financial Balance	−1 000	−3 000	0
Dividends	0	0	0
Net Income	70 000	−15 000	124 000

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	14 000	18 000	0
Total Tangible Assets	14 000	18 000	0
Total Fiancial Fixed Assets	93 000	200 000	0
Total Fixed Assets	107 000	218 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	103 000	92 000	246 000
Total Current Assets	297 000	272 000	407 000
Total Assets	404 000	490 000	407 000
Total Equity	208 000	138 000	154 000
Short-Term Group Debt	0	0	65 000
Total Long-Term Debt	0	0	0
Creditors	61 000	42 000	76 000
Unpaid Taxes	35 000	61 000	45 000
Dividends	0	0	0
Other Current Debt	83 000	249 000	32 000
Total Current Debt	195 000	352 000	253 000
Total Equity and Debt	404 000	490 000	407 000

Financial indicators	2022	2021	2020
Return on Equity	33,65 %	−10,87 %	80,52 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	5,74 %	−0,94 %	18,52 %
Current Ratio	1,52	0,77	1,61
Quick Ratio	1,52	0,77	1,61
Equity Ratio	0,51	0,28	0,38
Gross Profit Margin	97,89 %	99,42 %	100 %