COMMERCIAL BANKING APPLICATIONS AS

0667 OSLO

Finances

Return on Equity

105,3 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 372 000	62 602 000	65 196 000	65 081 000
Net Income	28 304 000	11 206 000	15 210 000	17 563 000
Total Assets	111 240 000	86 133 000	90 717 000	118 739 000
Total Equity	26 880 000	36 961 000	52 634 000	64 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 372 000	62 602 000	65 196 000	65 081 000
Expenditure	41 247 000	48 596 000	47 051 000	44 518 000
Operating Profit	29 126 000	14 006 000	18 145 000	20 563 000
Financial Income	6 066 000	3 436 000	2 389 000	2 139 000
Financial Costs	810 000	3 685 000	1 618 000	714 000
Financial Balance	5 256 000	−249 000	771 000	1 425 000
Earnings Before Tax	34 381 000	13 757 000	18 916 000	21 988 000
Tax	6 077 000	2 551 000	3 706 000	4 426 000
Net Income	28 304 000	11 206 000	15 210 000	17 563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 984 000	19 049 000	28 905 000	38 412 000
Total Current Assets	105 256 000	67 084 000	61 813 000	80 327 000
Total Assets	111 240 000	86 133 000	90 717 000	118 739 000
Total Retained Equity	0	7 662 000	23 336 000	35 005 000
Total Equity	26 880 000	36 961 000	52 634 000	64 304 000
Total Long-Term Debt	246 000	1 064 000	1 290 000	1 046 000
Total Current Debt	84 114 000	48 108 000	36 794 000	53 389 000
Total Equity and Debt	111 240 000	86 133 000	90 717 000	118 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 372 000	62 602 000	65 196 000	65 081 000
Other Income	0	0	0	0
Revenue	70 372 000	62 602 000	65 196 000	65 081 000
Cost of Goods Sold	6 785 000	6 235 000	6 275 000	4 867 000
Salary Costs	27 336 000	26 303 000	24 034 000	22 951 000
Depreciation	51 000	9 721 000	9 685 000	9 741 000
Impairment	0	0	0	0
Expenditure	41 247 000	48 596 000	47 051 000	44 518 000
Operating Profit	29 126 000	14 006 000	18 145 000	20 563 000
Financial Income	6 066 000	3 436 000	2 389 000	2 139 000
Financial Costs	810 000	3 685 000	1 618 000	714 000
Financial Balance	5 256 000	−249 000	771 000	1 425 000
Dividends	38 385 000	26 880 000	13 440 000	13 440 000
Net Income	28 304 000	11 206 000	15 210 000	17 563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 667 000	19 333 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	120 000	96 000	42 000
Total Tangible Assets	69 000	120 000	96 000	42 000
Total Fiancial Fixed Assets	5 915 000	18 929 000	19 142 000	19 037 000
Total Fixed Assets	5 984 000	19 049 000	28 905 000	38 412 000
Stock	0	0	0	0
Total Investments	0	14 862 000	40 705 000	24 771 000
Cash, Bank	85 211 000	47 466 000	17 985 000	33 071 000
Total Current Assets	105 256 000	67 084 000	61 813 000	80 327 000
Total Assets	111 240 000	86 133 000	90 717 000	118 739 000
Total Equity	26 880 000	36 961 000	52 634 000	64 304 000
Short-Term Group Debt	9 578 000	9 578 000	9 451 000	9 451 000
Total Long-Term Debt	246 000	1 064 000	1 290 000	1 046 000
Creditors	635 000	554 000	611 000	962 000
Unpaid Taxes	3 156 000	1 873 000	2 034 000	1 733 000
Dividends	38 385 000	26 880 000	13 440 000	13 440 000
Other Current Debt	27 787 000	8 610 000	9 879 000	27 103 000
Total Current Debt	84 114 000	48 108 000	36 794 000	53 389 000
Total Equity and Debt	111 240 000	86 133 000	90 717 000	118 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,3 %	30,32 %	28,9 %	27,31 %
Debt-to-Equity Ratio	0,01	0,03	0,02	0,02
Operating Profit Margin	41,39 %	22,37 %	27,83 %	31,6 %
Current Ratio	1,25	1,39	1,68	1,5
Quick Ratio	1,25	1,39	1,68	1,5
Equity Ratio	0,24	0,43	0,58	0,54
Gross Profit Margin	90,36 %	90,04 %	90,38 %	92,52 %