CONTINUOUS PROCESS IMPROVEMENT AS

0957 OSLO

Finances

Share Ownership

Return on Equity

14,89 %

Current Ratio

8,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 056 000	2 040 000	488 000	0
Net Income	471 000	543 000	131 000	−3 000
Total Assets	3 600 000	3 071 000	2 385 000	2 018 000
Total Equity	3 164 000	2 693 000	2 150 000	2 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 056 000	2 040 000	488 000	0
Expenditure	1 457 000	1 396 000	364 000	17 000
Operating Profit	600 000	643 000	124 000	−17 000
Financial Income	18 000	3 000	7 000	13 000
Financial Costs	0	0	0	0
Financial Balance	18 000	3 000	7 000	13 000
Earnings Before Tax	618 000	646 000	131 000	−3 000
Tax	147 000	103 000	0	0
Net Income	471 000	543 000	131 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 600 000	3 071 000	2 385 000	2 018 000
Total Assets	3 600 000	3 071 000	2 385 000	2 018 000
Total Retained Equity	2 416 000	1 945 000	1 402 000	1 271 000
Total Equity	3 164 000	2 693 000	2 150 000	2 018 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	435 000	379 000	235 000	0
Total Equity and Debt	3 600 000	3 071 000	2 385 000	2 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 056 000	2 040 000	488 000	0
Other Income	0	0	0	0
Revenue	2 056 000	2 040 000	488 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 103 000	1 099 000	304 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 457 000	1 396 000	364 000	17 000
Operating Profit	600 000	643 000	124 000	−17 000
Financial Income	18 000	3 000	7 000	13 000
Financial Costs	0	0	0	0
Financial Balance	18 000	3 000	7 000	13 000
Dividends	0	0	0	0
Net Income	471 000	543 000	131 000	−3 000

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	3 381 000	2 863 000	2 183 000	2 018 000
Total Current Assets	3 600 000	3 071 000	2 385 000	2 018 000
Total Assets	3 600 000	3 071 000	2 385 000	2 018 000
Total Equity	3 164 000	2 693 000	2 150 000	2 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	3 000	2 000	0
Unpaid Taxes	149 000	145 000	188 000	0
Dividends	0	0	0	0
Other Current Debt	135 000	127 000	45 000	0
Total Current Debt	435 000	379 000	235 000	0
Total Equity and Debt	3 600 000	3 071 000	2 385 000	2 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,89 %	20,16 %	6,09 %	−0,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,18 %	31,52 %	25,41 %	-
Current Ratio	8,28	8,1	10,15	-
Quick Ratio	8,28	8,1	10,15	-
Equity Ratio	0,88	0,88	0,9	1
Gross Profit Margin	100 %	100 %	100 %	-