X OFFICE AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

18,77 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 297 000	8 886 000	9 645 000	16 310 000
Net Income	302 000	148 000	70 000	1 154 000
Total Assets	3 409 000	3 033 000	2 716 000	3 756 000
Total Equity	1 609 000	1 307 000	1 160 000	1 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 297 000	8 886 000	9 645 000	16 310 000
Expenditure	9 004 000	8 668 000	9 471 000	15 021 000
Operating Profit	294 000	218 000	174 000	1 289 000
Financial Income	24 000	8 000	7 000	2 000
Financial Costs	5 000	6 000	52 000	4 000
Financial Balance	19 000	2 000	−45 000	−2 000
Earnings Before Tax	313 000	220 000	129 000	1 287 000
Tax	11 000	73 000	58 000	133 000
Net Income	302 000	148 000	70 000	1 154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	17 000	0	50 000
Total Current Assets	3 380 000	3 016 000	2 716 000	3 706 000
Total Assets	3 409 000	3 033 000	2 716 000	3 756 000
Total Retained Equity	1 559 000	1 257 000	1 110 000	1 039 000
Total Equity	1 609 000	1 307 000	1 160 000	1 089 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 800 000	1 725 000	1 556 000	2 666 000
Total Equity and Debt	3 409 000	3 033 000	2 716 000	3 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 297 000	8 886 000	9 645 000	16 310 000
Other Income	0	0	0	0
Revenue	9 297 000	8 886 000	9 645 000	16 310 000
Cost of Goods Sold	6 110 000	5 827 000	6 715 000	11 540 000
Salary Costs	2 179 000	1 968 000	1 854 000	2 429 000
Depreciation	9 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	9 004 000	8 668 000	9 471 000	15 021 000
Operating Profit	294 000	218 000	174 000	1 289 000
Financial Income	24 000	8 000	7 000	2 000
Financial Costs	5 000	6 000	52 000	4 000
Financial Balance	19 000	2 000	−45 000	−2 000
Dividends	0	0	0	0
Net Income	302 000	148 000	70 000	1 154 000

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	30 000	17 000	0	0
Total Tangible Assets	30 000	17 000	0	0
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	30 000	17 000	0	50 000
Stock	115 000	409 000	157 000	36 000
Total Investments	0	0	0	0
Cash, Bank	1 709 000	2 100 000	1 400 000	916 000
Total Current Assets	3 380 000	3 016 000	2 716 000	3 706 000
Total Assets	3 409 000	3 033 000	2 716 000	3 756 000
Total Equity	1 609 000	1 307 000	1 160 000	1 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 279 000	742 000	698 000	1 439 000
Unpaid Taxes	188 000	276 000	295 000	469 000
Dividends	0	0	0	0
Other Current Debt	322 000	634 000	504 000	626 000
Total Current Debt	1 800 000	1 725 000	1 556 000	2 666 000
Total Equity and Debt	3 409 000	3 033 000	2 716 000	3 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,77 %	11,32 %	6,03 %	105,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,16 %	2,45 %	1,8 %	7,9 %
Current Ratio	1,88	1,75	1,75	1,39
Quick Ratio	2,01	2,29	1,94	1,41
Equity Ratio	0,47	0,43	0,43	0,29
Gross Profit Margin	34,28 %	34,42 %	30,38 %	29,25 %