IMPROVEIT AS

0275 OSLO

Finances

Share Ownership

Return on Equity

1 563 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 679 000	4 807 000	6 505 000	8 865 000
Net Income	1 563 000	1 452 000	2 197 000	3 891 000
Total Assets	4 496 000	3 281 000	4 582 000	6 500 000
Total Equity	100 000	100 000	100 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 679 000	4 807 000	6 505 000	8 865 000
Expenditure	2 652 000	2 941 000	3 685 000	3 875 000
Operating Profit	2 027 000	1 866 000	2 819 000	4 990 000
Financial Income	0	0	1 000	2 000
Financial Costs	23 000	1 000	2 000	3 000
Financial Balance	−23 000	−1 000	−1 000	−1 000
Earnings Before Tax	2 003 000	1 865 000	2 818 000	4 990 000
Tax	441 000	413 000	621 000	1 098 000
Net Income	1 563 000	1 452 000	2 197 000	3 891 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	12 000	30 000
Total Current Assets	4 482 000	3 281 000	4 570 000	6 470 000
Total Assets	4 496 000	3 281 000	4 582 000	6 500 000
Total Retained Equity	0	0	0	800 000
Total Equity	100 000	100 000	100 000	900 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	4 396 000	3 181 000	4 482 000	5 599 000
Total Equity and Debt	4 496 000	3 281 000	4 582 000	6 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 679 000	4 807 000	6 505 000	8 865 000
Other Income	0	0	0	0
Revenue	4 679 000	4 807 000	6 505 000	8 865 000
Cost of Goods Sold	97 000	857 000	73 000	126 000
Salary Costs	2 321 000	1 791 000	3 267 000	3 364 000
Depreciation	0	0	0	8 000
Impairment	0	0	0	0
Expenditure	2 652 000	2 941 000	3 685 000	3 875 000
Operating Profit	2 027 000	1 866 000	2 819 000	4 990 000
Financial Income	0	0	1 000	2 000
Financial Costs	23 000	1 000	2 000	3 000
Financial Balance	−23 000	−1 000	−1 000	−1 000
Dividends	1 563 000	1 452 000	2 997 000	3 091 000
Net Income	1 563 000	1 452 000	2 197 000	3 891 000

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	30 000
Total Tangible Assets	0	0	0	30 000
Total Fiancial Fixed Assets	14 000	0	12 000	0
Total Fixed Assets	14 000	0	12 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 609 000	2 049 000	3 797 000	4 733 000
Total Current Assets	4 482 000	3 281 000	4 570 000	6 470 000
Total Assets	4 496 000	3 281 000	4 582 000	6 500 000
Total Equity	100 000	100 000	100 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	75 000	428 000	16 000	156 000
Unpaid Taxes	400 000	811 000	826 000	1 103 000
Dividends	1 563 000	1 452 000	2 997 000	3 091 000
Other Current Debt	1 917 000	77 000	22 000	150 000
Total Current Debt	4 396 000	3 181 000	4 482 000	5 599 000
Total Equity and Debt	4 496 000	3 281 000	4 582 000	6 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 563 %	1 452 %	2 197 %	432,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,32 %	38,82 %	43,34 %	56,29 %
Current Ratio	1,02	1,03	1,02	1,16
Quick Ratio	1,02	1,03	1,02	1,16
Equity Ratio	0,02	0,03	0,02	0,14
Gross Profit Margin	97,93 %	82,17 %	98,88 %	98,58 %