EAST SIDE TECHNOLOGY AS

0654 OSLO

Finances

Share Ownership

Return on Equity

13,47 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 642 000	2 446 000	760 000
Net Income	97 000	232 000	347 000
Total Assets	949 000	997 000	626 000
Total Equity	720 000	623 000	391 000

Income (NOK)	2022	2021	2020
Revenue	1 642 000	2 446 000	760 000
Expenditure	1 518 000	2 129 000	303 000
Operating Profit	124 000	317 000	456 000
Financial Income	60 000	44 000	0
Financial Costs	48 000	63 000	12 000
Financial Balance	12 000	−19 000	−12 000
Earnings Before Tax	136 000	299 000	444 000
Tax	38 000	67 000	98 000
Net Income	97 000	232 000	347 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 000	0	0
Total Current Assets	935 000	997 000	626 000
Total Assets	949 000	997 000	626 000
Total Retained Equity	670 000	579 000	347 000
Total Equity	720 000	623 000	391 000
Total Long-Term Debt	0	0	0
Total Current Debt	228 000	374 000	235 000
Total Equity and Debt	949 000	997 000	626 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 642 000	2 446 000	760 000
Other Income	0	0	0
Revenue	1 642 000	2 446 000	760 000
Cost of Goods Sold	596 000	1 006 000	250 000
Salary Costs	658 000	882 000	0
Depreciation	6 000	0	0
Impairment	0	0	0
Expenditure	1 518 000	2 129 000	303 000
Operating Profit	124 000	317 000	456 000
Financial Income	60 000	44 000	0
Financial Costs	48 000	63 000	12 000
Financial Balance	12 000	−19 000	−12 000
Dividends	0	0	0
Net Income	97 000	232 000	347 000

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	0	0
Total Tangible Assets	14 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	842 000	649 000	501 000
Total Current Assets	935 000	997 000	626 000
Total Assets	949 000	997 000	626 000
Total Equity	720 000	623 000	391 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	48 000	5 000	66 000
Unpaid Taxes	41 000	108 000	48 000
Dividends	0	0	0
Other Current Debt	92 000	178 000	22 000
Total Current Debt	228 000	374 000	235 000
Total Equity and Debt	949 000	997 000	626 000

Financial indicators	2022	2021	2020
Return on Equity	13,47 %	37,24 %	88,75 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,55 %	12,96 %	60 %
Current Ratio	4,1	2,67	2,66
Quick Ratio	4,1	2,67	2,66
Equity Ratio	0,76	0,62	0,62
Gross Profit Margin	63,7 %	58,87 %	67,11 %