ROYAL HOUSE AS

7081 SJETNEMARKA

Finances

Share Ownership

Return on Equity

87,42 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020
Revenue	5 854 000	1 752 000	585 000
Net Income	1 404 000	113 000	68 000
Total Assets	3 677 000	884 000	413 000
Total Equity	1 606 000	202 000	89 000

Income (NOK)	2022	2021	2020
Revenue	5 854 000	1 752 000	585 000
Expenditure	4 034 000	1 599 000	500 000
Operating Profit	1 819 000	153 000	85 000
Financial Income	0	0	0
Financial Costs	19 000	8 000	0
Financial Balance	−19 000	−8 000	0
Earnings Before Tax	1 800 000	145 000	85 000
Tax	396 000	32 000	17 000
Net Income	1 404 000	113 000	68 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	489 000	98 000	123 000
Total Current Assets	3 188 000	786 000	290 000
Total Assets	3 677 000	884 000	413 000
Total Retained Equity	1 585 000	181 000	68 000
Total Equity	1 606 000	202 000	89 000
Total Long-Term Debt	277 000	93 000	6 000
Total Current Debt	1 795 000	590 000	319 000
Total Equity and Debt	3 677 000	884 000	413 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 847 000	1 752 000	585 000
Other Income	7 000	0	0
Revenue	5 854 000	1 752 000	585 000
Cost of Goods Sold	35 000	35 000	6 000
Salary Costs	3 171 000	1 331 000	384 000
Depreciation	92 000	25 000	2 000
Impairment	0	0	0
Expenditure	4 034 000	1 599 000	500 000
Operating Profit	1 819 000	153 000	85 000
Financial Income	0	0	0
Financial Costs	19 000	8 000	0
Financial Balance	−19 000	−8 000	0
Dividends	0	0	0
Net Income	1 404 000	113 000	68 000

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	489 000	98 000	123 000
Total Tangible Assets	489 000	98 000	123 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	489 000	98 000	123 000
Stock	27 000	0	0
Total Investments	0	0	0
Cash, Bank	2 533 000	701 000	236 000
Total Current Assets	3 188 000	786 000	290 000
Total Assets	3 677 000	884 000	413 000
Total Equity	1 606 000	202 000	89 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	277 000	93 000	6 000
Creditors	55 000	11 000	129 000
Unpaid Taxes	574 000	137 000	74 000
Dividends	0	0	0
Other Current Debt	778 000	409 000	105 000
Total Current Debt	1 795 000	590 000	319 000
Total Equity and Debt	3 677 000	884 000	413 000

Financial indicators	2022	2021	2020
Return on Equity	87,42 %	55,94 %	76,4 %
Debt-to-Equity Ratio	0,17	0,46	0,07
Operating Profit Margin	31,07 %	8,73 %	14,53 %
Current Ratio	1,78	1,33	0,91
Quick Ratio	1,8	1,33	0,91
Equity Ratio	0,44	0,23	0,22
Gross Profit Margin	99,4 %	98 %	98,97 %