SOUND ADVICE AS

0375 OSLO

Finances

Return on Equity

80,67 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 923 000	1 526 000	895 000
Net Income	263 000	35 000	4 000
Total Assets	654 000	395 000	285 000
Total Equity	326 000	63 000	28 000

Income (NOK)	2022	2021	2020
Revenue	1 923 000	1 526 000	895 000
Expenditure	1 610 000	1 475 000	875 000
Operating Profit	313 000	51 000	20 000
Financial Income	25 000	4 000	3 000
Financial Costs	1 000	10 000	19 000
Financial Balance	24 000	−6 000	−16 000
Earnings Before Tax	337 000	45 000	4 000
Tax	74 000	10 000	0
Net Income	263 000	35 000	4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 000	11 000	19 000
Total Current Assets	644 000	384 000	266 000
Total Assets	654 000	395 000	285 000
Total Retained Equity	302 000	39 000	4 000
Total Equity	326 000	63 000	28 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	327 000	332 000	257 000
Total Equity and Debt	654 000	395 000	285 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 923 000	1 526 000	895 000
Other Income	0	0	0
Revenue	1 923 000	1 526 000	895 000
Cost of Goods Sold	0	0	0
Salary Costs	1 466 000	1 397 000	825 000
Depreciation	11 000	8 000	5 000
Impairment	0	0	0
Expenditure	1 610 000	1 475 000	875 000
Operating Profit	313 000	51 000	20 000
Financial Income	25 000	4 000	3 000
Financial Costs	1 000	10 000	19 000
Financial Balance	24 000	−6 000	−16 000
Dividends	0	0	0
Net Income	263 000	35 000	4 000

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	0	11 000	19 000
Total Tangible Assets	0	11 000	19 000
Total Fiancial Fixed Assets	10 000	0	0
Total Fixed Assets	10 000	11 000	19 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	497 000	314 000	264 000
Total Current Assets	644 000	384 000	266 000
Total Assets	654 000	395 000	285 000
Total Equity	326 000	63 000	28 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	1 000	2 000	2 000
Unpaid Taxes	117 000	176 000	80 000
Dividends	0	0	0
Other Current Debt	136 000	144 000	175 000
Total Current Debt	327 000	332 000	257 000
Total Equity and Debt	654 000	395 000	285 000

Financial indicators	2022	2021	2020
Return on Equity	80,67 %	55,56 %	14,29 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	16,28 %	3,34 %	2,23 %
Current Ratio	1,97	1,16	1,04
Quick Ratio	1,97	1,16	1,04
Equity Ratio	0,5	0,16	0,1
Gross Profit Margin	100 %	100 %	100 %