88 HOLDING AS

1605 FREDRIKSTAD

Finances

Return on Equity

11,15 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 009 000	2 560 000	1 451 000	981 000
Net Income	1 078 000	983 000	847 000	330 000
Total Assets	23 698 000	19 853 000	19 950 000	19 811 000
Total Equity	9 672 000	8 594 000	7 611 000	6 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 009 000	2 560 000	1 451 000	981 000
Expenditure	1 139 000	1 115 000	804 000	721 000
Operating Profit	870 000	1 445 000	647 000	260 000
Financial Income	644 000	527 000	521 000	343 000
Financial Costs	208 000	604 000	116 000	171 000
Financial Balance	436 000	−77 000	405 000	172 000
Earnings Before Tax	1 306 000	1 368 000	1 052 000	432 000
Tax	228 000	385 000	205 000	102 000
Net Income	1 078 000	983 000	847 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 217 000	15 834 000	18 451 000	17 795 000
Total Current Assets	3 482 000	4 019 000	1 498 000	2 016 000
Total Assets	23 698 000	19 853 000	19 950 000	19 811 000
Total Retained Equity	9 049 000	7 971 000	6 988 000	6 142 000
Total Equity	9 672 000	8 594 000	7 611 000	6 764 000
Total Long-Term Debt	9 372 000	10 463 000	11 698 000	12 470 000
Total Current Debt	4 655 000	797 000	641 000	577 000
Total Equity and Debt	23 698 000	19 853 000	19 950 000	19 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 009 000	2 560 000	1 451 000	981 000
Other Income	0	0	0	0
Revenue	2 009 000	2 560 000	1 451 000	981 000
Cost of Goods Sold	0	0	0	0
Salary Costs	922 000	919 000	642 000	543 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 139 000	1 115 000	804 000	721 000
Operating Profit	870 000	1 445 000	647 000	260 000
Financial Income	644 000	527 000	521 000	343 000
Financial Costs	208 000	604 000	116 000	171 000
Financial Balance	436 000	−77 000	405 000	172 000
Dividends	0	0	0	0
Net Income	1 078 000	983 000	847 000	330 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	20 217 000	15 834 000	18 451 000	17 795 000
Total Fixed Assets	20 217 000	15 834 000	18 451 000	17 795 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 748 000	2 390 000	266 000	544 000
Total Current Assets	3 482 000	4 019 000	1 498 000	2 016 000
Total Assets	23 698 000	19 853 000	19 950 000	19 811 000
Total Equity	9 672 000	8 594 000	7 611 000	6 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 372 000	10 463 000	11 698 000	12 470 000
Creditors	3 000	2 000	6 000	0
Unpaid Taxes	116 000	333 000	378 000	244 000
Dividends	0	0	0	0
Other Current Debt	4 308 000	76 000	52 000	232 000
Total Current Debt	4 655 000	797 000	641 000	577 000
Total Equity and Debt	23 698 000	19 853 000	19 950 000	19 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,15 %	11,44 %	11,13 %	4,88 %
Debt-to-Equity Ratio	0,97	1,22	1,54	1,84
Operating Profit Margin	43,31 %	56,45 %	44,59 %	26,5 %
Current Ratio	0,75	5,04	2,34	3,49
Quick Ratio	0,75	5,04	2,34	3,49
Equity Ratio	0,41	0,43	0,38	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %