AGARE AS

0283 OSLO

Finances

Share Ownership

Return on Equity

47,92 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	186 000	208 000	280 000
Net Income	196 000	−18 000	73 000	75 000
Total Assets	622 000	417 000	532 000	580 000
Total Equity	409 000	313 000	363 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	186 000	208 000	280 000
Expenditure	151 000	44 000	105 000	173 000
Operating Profit	158 000	142 000	102 000	107 000
Financial Income	100 000	0	0	0
Financial Costs	4 000	129 000	8 000	11 000
Financial Balance	96 000	−129 000	−8 000	−11 000
Earnings Before Tax	254 000	12 000	94 000	96 000
Tax	57 000	30 000	21 000	21 000
Net Income	196 000	−18 000	73 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	0	480 000	480 000
Total Current Assets	484 000	417 000	52 000	100 000
Total Assets	622 000	417 000	532 000	580 000
Total Retained Equity	309 000	213 000	263 000	265 000
Total Equity	409 000	313 000	363 000	365 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	213 000	104 000	169 000	215 000
Total Equity and Debt	622 000	417 000	532 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 000	186 000	208 000	280 000
Other Income	0	0	0	0
Revenue	308 000	186 000	208 000	280 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	9 000
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	151 000	44 000	105 000	173 000
Operating Profit	158 000	142 000	102 000	107 000
Financial Income	100 000	0	0	0
Financial Costs	4 000	129 000	8 000	11 000
Financial Balance	96 000	−129 000	−8 000	−11 000
Dividends	100 000	32 000	75 000	61 000
Net Income	196 000	−18 000	73 000	75 000

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	138 000	0	0	0
Total Tangible Assets	138 000	0	0	0
Total Fiancial Fixed Assets	0	0	480 000	480 000
Total Fixed Assets	138 000	0	480 000	480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	446 000	453 000	2 000	2 000
Total Current Assets	484 000	417 000	52 000	100 000
Total Assets	622 000	417 000	532 000	580 000
Total Equity	409 000	313 000	363 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	17 000	10 000
Unpaid Taxes	77 000	44 000	46 000	61 000
Dividends	100 000	32 000	75 000	61 000
Other Current Debt	56 000	2 000	51 000	85 000
Total Current Debt	213 000	104 000	169 000	215 000
Total Equity and Debt	622 000	417 000	532 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,92 %	−5,75 %	20,11 %	20,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,3 %	76,34 %	49,04 %	38,21 %
Current Ratio	2,27	4,01	0,31	0,47
Quick Ratio	2,27	4,01	0,31	0,47
Equity Ratio	0,66	0,75	0,68	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %