ERNST & YOUNG AS

0155 OSLO

Finances

Return on Equity

74,88 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 195 930 000	3 759 833 000	3 518 542 000	3 151 585 000
Net Income	152 485 000	155 222 000	134 358 000	108 627 000
Total Assets	2 011 346 000	1 881 386 000	1 646 559 000	1 641 477 000
Total Equity	203 634 000	206 371 000	182 243 000	164 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 195 930 000	3 759 833 000	3 518 542 000	3 151 585 000
Expenditure	3 995 184 000	3 556 714 000	3 347 414 000	3 011 443 000
Operating Profit	200 746 000	203 119 000	171 128 000	140 142 000
Financial Income	78 935 000	63 219 000	39 061 000	19 865 000
Financial Costs	79 460 000	63 476 000	36 583 000	19 105 000
Financial Balance	−525 000	−257 000	2 478 000	760 000
Earnings Before Tax	200 221 000	202 862 000	173 606 000	140 902 000
Tax	47 736 000	47 640 000	39 248 000	32 275 000
Net Income	152 485 000	155 222 000	134 358 000	108 627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 432 000	178 210 000	193 031 000	224 626 000
Total Current Assets	1 842 914 000	1 703 176 000	1 453 528 000	1 416 851 000
Total Assets	2 011 346 000	1 881 386 000	1 646 559 000	1 641 477 000
Total Retained Equity	189 445 000	192 182 000	168 404 000	150 197 000
Total Equity	203 634 000	206 371 000	182 243 000	164 436 000
Total Long-Term Debt	202 074 000	188 968 000	318 966 000	368 574 000
Total Current Debt	1 605 638 000	1 486 047 000	1 145 350 000	1 108 468 000
Total Equity and Debt	2 011 346 000	1 881 386 000	1 646 559 000	1 641 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 195 930 000	3 759 833 000	3 518 542 000	3 151 585 000
Other Income	0	0	0	0
Revenue	4 195 930 000	3 759 833 000	3 518 542 000	3 151 585 000
Cost of Goods Sold	544 828 000	488 815 000	449 721 000	344 998 000
Salary Costs	1 882 942 000	1 710 624 000	1 608 984 000	1 471 436 000
Depreciation	52 547 000	48 511 000	55 648 000	35 208 000
Impairment	0	0	0	0
Expenditure	3 995 184 000	3 556 714 000	3 347 414 000	3 011 443 000
Operating Profit	200 746 000	203 119 000	171 128 000	140 142 000
Financial Income	78 935 000	63 219 000	39 061 000	19 865 000
Financial Costs	79 460 000	63 476 000	36 583 000	19 105 000
Financial Balance	−525 000	−257 000	2 478 000	760 000
Dividends	0	0	0	0
Net Income	152 485 000	155 222 000	134 358 000	108 627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	41 390 000	57 885 000	79 380 000	118 341 000
Total Intangible Assets	51 537 000	68 210 000	89 929 000	129 938 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 119 000	80 878 000	65 829 000	51 052 000
Total Tangible Assets	94 119 000	80 878 000	65 829 000	51 052 000
Total Fiancial Fixed Assets	22 776 000	29 122 000	37 273 000	43 636 000
Total Fixed Assets	168 432 000	178 210 000	193 031 000	224 626 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	407 022 000	518 534 000	473 212 000	269 885 000
Total Current Assets	1 842 914 000	1 703 176 000	1 453 528 000	1 416 851 000
Total Assets	2 011 346 000	1 881 386 000	1 646 559 000	1 641 477 000
Total Equity	203 634 000	206 371 000	182 243 000	164 436 000
Short-Term Group Debt	0	84 000 000	0	0
Total Long-Term Debt	202 074 000	188 968 000	318 966 000	368 574 000
Creditors	293 299 000	255 158 000	208 604 000	210 376 000
Unpaid Taxes	317 355 000	273 751 000	261 676 000	239 856 000
Dividends	0	0	0	0
Other Current Debt	937 588 000	817 979 000	636 134 000	628 717 000
Total Current Debt	1 605 638 000	1 486 047 000	1 145 350 000	1 108 468 000
Total Equity and Debt	2 011 346 000	1 881 386 000	1 646 559 000	1 641 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,88 %	75,22 %	73,72 %	66,06 %
Debt-to-Equity Ratio	0,99	0,92	1,75	2,24
Operating Profit Margin	4,78 %	5,4 %	4,86 %	4,45 %
Current Ratio	1,15	1,15	1,27	1,28
Quick Ratio	1,15	1,15	1,27	1,28
Equity Ratio	0,1	0,11	0,11	0,1
Gross Profit Margin	87,02 %	87 %	87,22 %	89,05 %