IT PAYS AS

0275 OSLO

Finances

Share Ownership

Return on Equity

14,88 %

Current Ratio

3,35

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 488 000	3 612 000	3 962 000	3 807 000
Net Income	334 000	499 000	526 000	369 000
Total Assets	3 259 000	3 411 000	3 238 000	3 484 000
Total Equity	2 245 000	1 910 000	1 811 000	1 685 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 488 000	3 612 000	3 962 000	3 807 000
Expenditure	3 050 000	2 972 000	3 291 000	3 339 000
Operating Profit	438 000	641 000	671 000	468 000
Financial Income	12 000	9 000	11 000	15 000
Financial Costs	8 000	7 000	8 000	7 000
Financial Balance	4 000	2 000	3 000	8 000
Earnings Before Tax	443 000	643 000	675 000	475 000
Tax	108 000	144 000	149 000	106 000
Net Income	334 000	499 000	526 000	369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	444 000	501 000	660 000
Total Current Assets	2 889 000	2 967 000	2 737 000	2 824 000
Total Assets	3 259 000	3 411 000	3 238 000	3 484 000
Total Retained Equity	1 778 000	1 444 000	1 344 000	1 219 000
Total Equity	2 245 000	1 910 000	1 811 000	1 685 000
Total Long-Term Debt	151 000	186 000	226 000	263 000
Total Current Debt	863 000	1 315 000	1 201 000	1 536 000
Total Equity and Debt	3 259 000	3 411 000	3 238 000	3 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 429 000	3 559 000	3 833 000	3 807 000
Other Income	59 000	54 000	129 000	0
Revenue	3 488 000	3 612 000	3 962 000	3 807 000
Cost of Goods Sold	262 000	254 000	395 000	472 000
Salary Costs	1 619 000	1 573 000	1 561 000	1 571 000
Depreciation	71 000	106 000	168 000	162 000
Impairment	0	0	0	0
Expenditure	3 050 000	2 972 000	3 291 000	3 339 000
Operating Profit	438 000	641 000	671 000	468 000
Financial Income	12 000	9 000	11 000	15 000
Financial Costs	8 000	7 000	8 000	7 000
Financial Balance	4 000	2 000	3 000	8 000
Dividends	0	400 000	400 000	350 000
Net Income	334 000	499 000	526 000	369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	85 000	64 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	285 000	356 000	437 000	605 000
Total Tangible Assets	285 000	356 000	437 000	605 000
Total Fiancial Fixed Assets	2 000	2 000	0	0
Total Fixed Assets	370 000	444 000	501 000	660 000
Stock	0	0	0	0
Total Investments	11 000	0	0	0
Cash, Bank	2 132 000	2 133 000	2 002 000	1 719 000
Total Current Assets	2 889 000	2 967 000	2 737 000	2 824 000
Total Assets	3 259 000	3 411 000	3 238 000	3 484 000
Total Equity	2 245 000	1 910 000	1 811 000	1 685 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	151 000	186 000	226 000	263 000
Creditors	83 000	52 000	42 000	57 000
Unpaid Taxes	298 000	326 000	229 000	262 000
Dividends	0	400 000	400 000	350 000
Other Current Debt	375 000	373 000	372 000	764 000
Total Current Debt	863 000	1 315 000	1 201 000	1 536 000
Total Equity and Debt	3 259 000	3 411 000	3 238 000	3 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,88 %	26,13 %	29,04 %	21,9 %
Debt-to-Equity Ratio	0,07	0,1	0,12	0,16
Operating Profit Margin	12,56 %	17,75 %	16,94 %	12,29 %
Current Ratio	3,35	2,26	2,28	1,84
Quick Ratio	3,35	2,26	2,28	1,84
Equity Ratio	0,69	0,56	0,56	0,48
Gross Profit Margin	92,49 %	92,97 %	90,03 %	87,6 %