FORVIS MAZARS AS

0369 OSLO

Finances

Return on Equity

89,23 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 804 000	48 226 000	44 184 000	40 233 000
Net Income	9 525 000	6 136 000	5 458 000	6 076 000
Total Assets	24 991 000	19 376 000	20 267 000	18 642 000
Total Equity	10 675 000	7 286 000	6 333 000	7 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 804 000	48 226 000	44 184 000	40 233 000
Expenditure	46 606 000	40 457 000	37 295 000	32 461 000
Operating Profit	12 198 000	7 769 000	6 889 000	7 772 000
Financial Income	77 000	112 000	148 000	32 000
Financial Costs	69 000	28 000	62 000	32 000
Financial Balance	8 000	84 000	86 000	0
Earnings Before Tax	12 206 000	7 852 000	6 976 000	7 772 000
Tax	2 681 000	1 716 000	1 518 000	1 696 000
Net Income	9 525 000	6 136 000	5 458 000	6 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 996 000	1 562 000	1 380 000	1 029 000
Total Current Assets	22 995 000	17 814 000	18 886 000	17 613 000
Total Assets	24 991 000	19 376 000	20 267 000	18 642 000
Total Retained Equity	10 285 000	6 896 000	6 173 000	6 930 000
Total Equity	10 675 000	7 286 000	6 333 000	7 090 000
Total Long-Term Debt	0	722 000	1 424 000	16 000
Total Current Debt	14 316 000	11 368 000	12 509 000	11 536 000
Total Equity and Debt	24 991 000	19 376 000	20 267 000	18 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 640 000	48 226 000	44 184 000	40 233 000
Other Income	164 000	0	0	0
Revenue	58 804 000	48 226 000	44 184 000	40 233 000
Cost of Goods Sold	3 204 000	0	0	0
Salary Costs	32 011 000	31 769 000	26 489 000	24 846 000
Depreciation	691 000	467 000	383 000	452 000
Impairment	0	0	0	0
Expenditure	46 606 000	40 457 000	37 295 000	32 461 000
Operating Profit	12 198 000	7 769 000	6 889 000	7 772 000
Financial Income	77 000	112 000	148 000	32 000
Financial Costs	69 000	28 000	62 000	32 000
Financial Balance	8 000	84 000	86 000	0
Dividends	0	0	0	0
Net Income	9 525 000	6 136 000	5 458 000	6 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	230 000	249 000	373 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 649 000	1 240 000	842 000	876 000
Total Tangible Assets	1 649 000	1 240 000	842 000	876 000
Total Fiancial Fixed Assets	117 000	73 000	165 000	154 000
Total Fixed Assets	1 996 000	1 562 000	1 380 000	1 029 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 914 000	5 031 000	6 691 000	8 139 000
Total Current Assets	22 995 000	17 814 000	18 886 000	17 613 000
Total Assets	24 991 000	19 376 000	20 267 000	18 642 000
Total Equity	10 675 000	7 286 000	6 333 000	7 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	722 000	1 424 000	16 000
Creditors	617 000	879 000	1 820 000	440 000
Unpaid Taxes	4 814 000	4 071 000	3 753 000	5 330 000
Dividends	0	0	0	0
Other Current Debt	6 224 000	4 826 000	4 765 000	4 031 000
Total Current Debt	14 316 000	11 368 000	12 509 000	11 536 000
Total Equity and Debt	24 991 000	19 376 000	20 267 000	18 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,23 %	84,22 %	86,18 %	85,7 %
Debt-to-Equity Ratio	0	0,1	0,22	0
Operating Profit Margin	20,74 %	16,11 %	15,59 %	19,32 %
Current Ratio	1,61	1,57	1,51	1,53
Quick Ratio	1,61	1,57	1,51	1,53
Equity Ratio	0,43	0,38	0,31	0,38
Gross Profit Margin	94,55 %	100 %	100 %	100 %