STUDY OUTSIDE NORWAY AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

100,33 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 331 000	7 677 000	6 828 000	9 265 000
Net Income	2 721 000	1 027 000	288 000	879 000
Total Assets	5 797 000	7 684 000	8 779 000	8 287 000
Total Equity	2 712 000	5 351 000	4 324 000	5 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 331 000	7 677 000	6 828 000	9 265 000
Expenditure	8 466 000	6 292 000	6 449 000	8 121 000
Operating Profit	3 864 000	1 385 000	379 000	1 143 000
Financial Income	104 000	52 000	115 000	123 000
Financial Costs	183 000	116 000	114 000	101 000
Financial Balance	−79 000	−64 000	1 000	22 000
Earnings Before Tax	3 786 000	1 321 000	381 000	1 166 000
Tax	1 066 000	293 000	93 000	287 000
Net Income	2 721 000	1 027 000	288 000	879 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	195 000	160 000	267 000
Total Current Assets	5 663 000	7 489 000	8 619 000	8 020 000
Total Assets	5 797 000	7 684 000	8 779 000	8 287 000
Total Retained Equity	2 612 000	5 251 000	4 224 000	4 936 000
Total Equity	2 712 000	5 351 000	4 324 000	5 036 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 085 000	2 332 000	4 455 000	3 251 000
Total Equity and Debt	5 797 000	7 684 000	8 779 000	8 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 280 000	7 675 000	6 827 000	9 221 000
Other Income	51 000	1 000	0	44 000
Revenue	12 331 000	7 677 000	6 828 000	9 265 000
Cost of Goods Sold	6 000	628 000	1 128 000	811 000
Salary Costs	4 412 000	3 991 000	4 042 000	4 163 000
Depreciation	50 000	45 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	8 466 000	6 292 000	6 449 000	8 121 000
Operating Profit	3 864 000	1 385 000	379 000	1 143 000
Financial Income	104 000	52 000	115 000	123 000
Financial Costs	183 000	116 000	114 000	101 000
Financial Balance	−79 000	−64 000	1 000	22 000
Dividends	5 360 000	0	1 000 000	0
Net Income	2 721 000	1 027 000	288 000	879 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	26 000	71 000	116 000	161 000
Total Intangible Assets	26 000	120 000	160 000	267 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	0	0	0
Total Tangible Assets	33 000	0	0	0
Total Fiancial Fixed Assets	75 000	75 000	0	0
Total Fixed Assets	134 000	195 000	160 000	267 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 008 000	4 917 000	4 620 000	4 447 000
Total Current Assets	5 663 000	7 489 000	8 619 000	8 020 000
Total Assets	5 797 000	7 684 000	8 779 000	8 287 000
Total Equity	2 712 000	5 351 000	4 324 000	5 036 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	93 000	68 000	877 000
Unpaid Taxes	270 000	259 000	237 000	250 000
Dividends	5 360 000	0	1 000 000	0
Other Current Debt	1 746 000	1 683 000	4 119 000	1 768 000
Total Current Debt	3 085 000	2 332 000	4 455 000	3 251 000
Total Equity and Debt	5 797 000	7 684 000	8 779 000	8 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,33 %	19,19 %	6,66 %	17,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,34 %	18,04 %	5,55 %	12,34 %
Current Ratio	1,84	3,21	1,93	2,47
Quick Ratio	1,84	3,21	1,93	2,47
Equity Ratio	0,47	0,7	0,49	0,61
Gross Profit Margin	99,95 %	91,82 %	83,48 %	91,25 %