CONCORDIA CONSULTING AS

5538 HAUGESUND

Finances

Return on Equity

49,68 %

Current Ratio

3,81

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020
Revenue	2 187 000	1 791 000	845 000
Net Income	624 000	617 000	334 000
Total Assets	1 805 000	1 316 000	690 000
Total Equity	1 256 000	832 000	364 000

Income (NOK)	2022	2021	2020
Revenue	2 187 000	1 791 000	845 000
Expenditure	1 290 000	1 016 000	417 000
Operating Profit	897 000	775 000	429 000
Financial Income	67 000	14 000	0
Financial Costs	143 000	3 000	0
Financial Balance	−76 000	11 000	0
Earnings Before Tax	821 000	787 000	429 000
Tax	196 000	170 000	94 000
Net Income	624 000	617 000	334 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	254 000	111 000	140 000
Total Current Assets	1 550 000	1 205 000	550 000
Total Assets	1 805 000	1 316 000	690 000
Total Retained Equity	1 226 000	802 000	334 000
Total Equity	1 256 000	832 000	364 000
Total Long-Term Debt	141 000	71 000	99 000
Total Current Debt	407 000	414 000	227 000
Total Equity and Debt	1 805 000	1 316 000	690 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 157 000	1 791 000	845 000
Other Income	30 000	0	0
Revenue	2 187 000	1 791 000	845 000
Cost of Goods Sold	0	0	0
Salary Costs	1 009 000	914 000	386 000
Depreciation	33 000	29 000	5 000
Impairment	0	0	0
Expenditure	1 290 000	1 016 000	417 000
Operating Profit	897 000	775 000	429 000
Financial Income	67 000	14 000	0
Financial Costs	143 000	3 000	0
Financial Balance	−76 000	11 000	0
Dividends	200 000	150 000	0
Net Income	624 000	617 000	334 000

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	111 000	140 000
Fixtures	228 000	0	0
Total Tangible Assets	228 000	111 000	140 000
Total Fiancial Fixed Assets	26 000	0	0
Total Fixed Assets	254 000	111 000	140 000
Stock	0	0	0
Total Investments	713 000	264 000	0
Cash, Bank	599 000	941 000	550 000
Total Current Assets	1 550 000	1 205 000	550 000
Total Assets	1 805 000	1 316 000	690 000
Total Equity	1 256 000	832 000	364 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	141 000	71 000	99 000
Creditors	10 000	0	5 000
Unpaid Taxes	106 000	147 000	93 000
Dividends	200 000	150 000	0
Other Current Debt	106 000	96 000	41 000
Total Current Debt	407 000	414 000	227 000
Total Equity and Debt	1 805 000	1 316 000	690 000

Financial indicators	2022	2021	2020
Return on Equity	49,68 %	74,16 %	91,76 %
Debt-to-Equity Ratio	0,11	0,09	0,27
Operating Profit Margin	41,02 %	43,27 %	50,77 %
Current Ratio	3,81	2,91	2,42
Quick Ratio	3,81	2,91	2,42
Equity Ratio	0,7	0,63	0,53
Gross Profit Margin	100 %	100 %	100 %