CLOUD SOFTWARE GROUP NORWAY AS

0251 OSLO

Finances

Share Ownership

Return on Equity

34,36 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 150 000	40 092 000	43 206 000	42 254 000
Net Income	2 967 000	3 271 000	3 600 000	3 103 000
Total Assets	14 663 000	20 867 000	16 706 000	29 214 000
Total Equity	8 634 000	5 667 000	5 396 000	4 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 150 000	40 092 000	43 206 000	42 254 000
Expenditure	32 352 000	35 885 000	38 524 000	38 276 000
Operating Profit	3 798 000	4 206 000	4 681 000	3 977 000
Financial Income	49 000	1 000	14 000	57 000
Financial Costs	3 000	14 000	15 000	10 000
Financial Balance	46 000	−13 000	−1 000	47 000
Earnings Before Tax	3 845 000	4 193 000	4 680 000	4 024 000
Tax	878 000	923 000	1 080 000	921 000
Net Income	2 967 000	3 271 000	3 600 000	3 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	126 000	491 000	0
Total Current Assets	14 573 000	20 741 000	16 215 000	29 214 000
Total Assets	14 663 000	20 867 000	16 706 000	29 214 000
Total Retained Equity	8 534 000	5 567 000	5 296 000	4 197 000
Total Equity	8 634 000	5 667 000	5 396 000	4 297 000
Total Long-Term Debt	0	4 000	2 000	0
Total Current Debt	6 029 000	15 196 000	11 308 000	24 917 000
Total Equity and Debt	14 663 000	20 867 000	16 706 000	29 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 150 000	40 092 000	43 206 000	42 254 000
Other Income	0	0	0	0
Revenue	36 150 000	40 092 000	43 206 000	42 254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	25 445 000	29 592 000	31 965 000	29 811 000
Depreciation	56 000	33 000	4 000	0
Impairment	0	0	0	0
Expenditure	32 352 000	35 885 000	38 524 000	38 276 000
Operating Profit	3 798 000	4 206 000	4 681 000	3 977 000
Financial Income	49 000	1 000	14 000	57 000
Financial Costs	3 000	14 000	15 000	10 000
Financial Balance	46 000	−13 000	−1 000	47 000
Dividends	0	3 000 000	2 500 000	18 000 000
Net Income	2 967 000	3 271 000	3 600 000	3 103 000

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	90 000	126 000	37 000	0
Total Tangible Assets	90 000	126 000	37 000	0
Total Fiancial Fixed Assets	0	0	454 000	0
Total Fixed Assets	90 000	126 000	491 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 413 000	8 293 000	10 673 000	9 300 000
Total Current Assets	14 573 000	20 741 000	16 215 000	29 214 000
Total Assets	14 663 000	20 867 000	16 706 000	29 214 000
Total Equity	8 634 000	5 667 000	5 396 000	4 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	2 000	0
Creditors	250 000	706 000	379 000	522 000
Unpaid Taxes	1 285 000	1 752 000	1 610 000	2 178 000
Dividends	0	3 000 000	2 500 000	18 000 000
Other Current Debt	3 612 000	8 817 000	5 741 000	3 296 000
Total Current Debt	6 029 000	15 196 000	11 308 000	24 917 000
Total Equity and Debt	14 663 000	20 867 000	16 706 000	29 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,36 %	57,72 %	66,72 %	72,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,51 %	10,49 %	10,83 %	9,41 %
Current Ratio	2,42	1,36	1,43	1,17
Quick Ratio	2,42	1,36	1,43	1,17
Equity Ratio	0,59	0,27	0,32	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %