GRANT THORNTON ØKONOMISERVICE AS

0153 OSLO

Finances

Return on Equity

1 110,27 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 823 000	25 386 000	27 408 000	23 858 000
Net Income	3 242 000	2 173 000	2 807 000	2 260 000
Total Assets	14 199 000	10 465 000	8 112 000	8 677 000
Total Equity	292 000	163 000	62 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 823 000	25 386 000	27 408 000	23 858 000
Expenditure	25 666 000	22 600 000	23 812 000	20 961 000
Operating Profit	4 156 000	2 786 000	3 596 000	2 897 000
Financial Income	4 000	2 000	4 000	5 000
Financial Costs	4 000	1 000	1 000	3 000
Financial Balance	0	1 000	3 000	2 000
Earnings Before Tax	4 157 000	2 787 000	3 599 000	2 898 000
Tax	915 000	614 000	792 000	638 000
Net Income	3 242 000	2 173 000	2 807 000	2 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 100 000	778 000	168 000	156 000
Total Current Assets	13 099 000	9 687 000	7 944 000	8 521 000
Total Assets	14 199 000	10 465 000	8 112 000	8 677 000
Total Retained Equity	190 000	61 000	−40 000	0
Total Equity	292 000	163 000	62 000	102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 907 000	10 303 000	8 049 000	8 575 000
Total Equity and Debt	14 199 000	10 465 000	8 112 000	8 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 823 000	25 386 000	27 408 000	23 854 000
Other Income	0	0	0	4 000
Revenue	29 823 000	25 386 000	27 408 000	23 858 000
Cost of Goods Sold	0	0	4 314 000	2 438 000
Salary Costs	17 200 000	15 427 000	15 039 000	13 654 000
Depreciation	0	0	48 000	385 000
Impairment	0	0	0	26 000
Expenditure	25 666 000	22 600 000	23 812 000	20 961 000
Operating Profit	4 156 000	2 786 000	3 596 000	2 897 000
Financial Income	4 000	2 000	4 000	5 000
Financial Costs	4 000	1 000	1 000	3 000
Financial Balance	0	1 000	3 000	2 000
Dividends	0	0	0	0
Net Income	3 242 000	2 173 000	2 807 000	2 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	48 000
Total Intangible Assets	102 000	139 000	168 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	997 000	639 000	0	0
Total Fixed Assets	1 100 000	778 000	168 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 098 000	3 153 000	1 811 000	1 380 000
Total Current Assets	13 099 000	9 687 000	7 944 000	8 521 000
Total Assets	14 199 000	10 465 000	8 112 000	8 677 000
Total Equity	292 000	163 000	62 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	93 000	59 000	897 000	50 000
Unpaid Taxes	2 273 000	1 963 000	1 205 000	793 000
Dividends	0	0	0	0
Other Current Debt	2 814 000	2 010 000	5 861 000	7 694 000
Total Current Debt	13 907 000	10 303 000	8 049 000	8 575 000
Total Equity and Debt	14 199 000	10 465 000	8 112 000	8 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 110,27 %	1 333,13 %	4 527,42 %	2 215,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,94 %	10,97 %	13,12 %	12,14 %
Current Ratio	0,94	0,94	0,99	0,99
Quick Ratio	0,94	0,94	0,99	0,99
Equity Ratio	0,02	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	84,26 %	89,78 %