20TWENTY AS

1820 SPYDEBERG

Finances

Return on Equity

50,17 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020
Revenue	6 359 000	5 607 000	735 000
Net Income	905 000	871 000	6 000
Total Assets	4 355 000	2 960 000	763 000
Total Equity	1 804 000	899 000	28 000

Income (NOK)	2022	2021	2020
Revenue	6 359 000	5 607 000	735 000
Expenditure	5 220 000	4 491 000	729 000
Operating Profit	1 139 000	1 116 000	5 000
Financial Income	47 000	1 000	0
Financial Costs	17 000	0	0
Financial Balance	30 000	1 000	0
Earnings Before Tax	1 169 000	1 117 000	5 000
Tax	263 000	246 000	−1 000
Net Income	905 000	871 000	6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	704 000	0	1 000
Total Current Assets	3 651 000	2 960 000	762 000
Total Assets	4 355 000	2 960 000	763 000
Total Retained Equity	1 782 000	877 000	6 000
Total Equity	1 804 000	899 000	28 000
Total Long-Term Debt	305 000	305 000	300 000
Total Current Debt	2 246 000	1 756 000	435 000
Total Equity and Debt	4 355 000	2 960 000	763 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 359 000	5 607 000	735 000
Other Income	0	0	0
Revenue	6 359 000	5 607 000	735 000
Cost of Goods Sold	0	0	0
Salary Costs	5 023 000	4 344 000	668 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	5 220 000	4 491 000	729 000
Operating Profit	1 139 000	1 116 000	5 000
Financial Income	47 000	1 000	0
Financial Costs	17 000	0	0
Financial Balance	30 000	1 000	0
Dividends	0	0	0
Net Income	905 000	871 000	6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	704 000	0	0
Total Fixed Assets	704 000	0	1 000
Stock	0	0	0
Total Investments	172 000	0	0
Cash, Bank	1 939 000	1 746 000	347 000
Total Current Assets	3 651 000	2 960 000	762 000
Total Assets	4 355 000	2 960 000	763 000
Total Equity	1 804 000	899 000	28 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	305 000	305 000	300 000
Creditors	4 000	20 000	4 000
Unpaid Taxes	800 000	576 000	375 000
Dividends	0	0	0
Other Current Debt	1 180 000	921 000	56 000
Total Current Debt	2 246 000	1 756 000	435 000
Total Equity and Debt	4 355 000	2 960 000	763 000

Financial indicators	2022	2021	2020
Return on Equity	50,17 %	96,89 %	21,43 %
Debt-to-Equity Ratio	0,17	0,34	10,71
Operating Profit Margin	17,91 %	19,9 %	0,68 %
Current Ratio	1,63	1,69	1,75
Quick Ratio	1,63	1,69	1,75
Equity Ratio	0,41	0,3	0,04
Gross Profit Margin	100 %	100 %	100 %