SOFTTECH CONSULTING AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

43,5 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 090 000	7 486 000	4 786 000	2 096 000
Net Income	856 000	1 478 000	1 078 000	692 000
Total Assets	4 552 000	3 622 000	2 360 000	1 323 000
Total Equity	1 968 000	1 112 000	434 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 090 000	7 486 000	4 786 000	2 096 000
Expenditure	9 987 000	5 590 000	3 401 000	1 208 000
Operating Profit	1 102 000	1 897 000	1 385 000	888 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	1 000
Financial Balance	−4 000	−2 000	−2 000	−1 000
Earnings Before Tax	1 098 000	1 894 000	1 382 000	887 000
Tax	242 000	417 000	304 000	195 000
Net Income	856 000	1 478 000	1 078 000	692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 552 000	3 622 000	2 360 000	1 323 000
Total Assets	4 552 000	3 622 000	2 360 000	1 323 000
Total Retained Equity	1 868 000	1 012 000	334 000	0
Total Equity	1 968 000	1 112 000	434 000	106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 584 000	2 510 000	1 926 000	1 217 000
Total Equity and Debt	4 552 000	3 622 000	2 360 000	1 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 090 000	7 486 000	4 786 000	2 096 000
Other Income	0	0	0	0
Revenue	11 090 000	7 486 000	4 786 000	2 096 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 625 000	5 278 000	3 125 000	1 129 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 987 000	5 590 000	3 401 000	1 208 000
Operating Profit	1 102 000	1 897 000	1 385 000	888 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	1 000
Financial Balance	−4 000	−2 000	−2 000	−1 000
Dividends	0	800 000	750 000	685 000
Net Income	856 000	1 478 000	1 078 000	692 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 337 000	2 694 000	1 123 000	1 028 000
Total Current Assets	4 552 000	3 622 000	2 360 000	1 323 000
Total Assets	4 552 000	3 622 000	2 360 000	1 323 000
Total Equity	1 968 000	1 112 000	434 000	106 000
Short-Term Group Debt	0	0	0	91 000
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	0	0
Unpaid Taxes	1 483 000	853 000	619 000	246 000
Dividends	0	800 000	750 000	685 000
Other Current Debt	853 000	0	0	0
Total Current Debt	2 584 000	2 510 000	1 926 000	1 217 000
Total Equity and Debt	4 552 000	3 622 000	2 360 000	1 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,5 %	132,91 %	248,39 %	652,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,94 %	25,34 %	28,94 %	42,37 %
Current Ratio	1,76	1,44	1,23	1,09
Quick Ratio	1,76	1,44	1,23	1,09
Equity Ratio	0,43	0,31	0,18	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %