ESSENTIAL AS

1364 FORNEBU

Finances

Return on Equity

22,64 %

Current Ratio

16,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 485 000	1 380 000	1 660 000
Net Income	496 000	−970 000	531 000	162 000
Total Assets	2 325 000	2 414 000	2 106 000	1 775 000
Total Equity	2 191 000	1 867 000	1 643 000	1 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 485 000	1 380 000	1 660 000
Expenditure	978 000	1 075 000	865 000	1 268 000
Operating Profit	501 000	409 000	515 000	393 000
Financial Income	4 000	−1 380 000	16 000	5 000
Financial Costs	1 000	0	0	236 000
Financial Balance	3 000	−1 380 000	16 000	−231 000
Earnings Before Tax	503 000	−970 000	531 000	162 000
Tax	7 000	0	0	0
Net Income	496 000	−970 000	531 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	0	0	1 544 000
Total Current Assets	2 226 000	2 414 000	2 106 000	230 000
Total Assets	2 325 000	2 414 000	2 106 000	1 775 000
Total Retained Equity	−509 000	−2 153 000	−1 057 000	−1 588 000
Total Equity	2 191 000	1 867 000	1 643 000	1 112 000
Total Long-Term Debt	0	237 000	0	0
Total Current Debt	135 000	310 000	463 000	662 000
Total Equity and Debt	2 325 000	2 414 000	2 106 000	1 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 478 000	1 485 000	1 380 000	1 660 000
Other Income	0	0	0	0
Revenue	1 478 000	1 485 000	1 380 000	1 660 000
Cost of Goods Sold	0	0	0	0
Salary Costs	476 000	353 000	260 000	357 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	978 000	1 075 000	865 000	1 268 000
Operating Profit	501 000	409 000	515 000	393 000
Financial Income	4 000	−1 380 000	16 000	5 000
Financial Costs	1 000	0	0	236 000
Financial Balance	3 000	−1 380 000	16 000	−231 000
Dividends	0	0	0	0
Net Income	496 000	−970 000	531 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	99 000	0	0	1 544 000
Total Fixed Assets	99 000	0	0	1 544 000
Stock	0	0	0	0
Total Investments	1 991 000	2 248 000	1 794 000	0
Cash, Bank	214 000	105 000	208 000	27 000
Total Current Assets	2 226 000	2 414 000	2 106 000	230 000
Total Assets	2 325 000	2 414 000	2 106 000	1 775 000
Total Equity	2 191 000	1 867 000	1 643 000	1 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	237 000	0	0
Creditors	1 000	6 000	0	0
Unpaid Taxes	98 000	88 000	106 000	37 000
Dividends	0	0	0	0
Other Current Debt	36 000	216 000	357 000	625 000
Total Current Debt	135 000	310 000	463 000	662 000
Total Equity and Debt	2 325 000	2 414 000	2 106 000	1 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,64 %	−51,96 %	32,32 %	14,57 %
Debt-to-Equity Ratio	0	0,13	0	0
Operating Profit Margin	33,9 %	27,54 %	37,32 %	23,67 %
Current Ratio	16,49	7,79	4,55	0,35
Quick Ratio	16,49	7,79	4,55	0,35
Equity Ratio	0,94	0,77	0,78	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %