SHORTCUT AS

0164 OSLO

Finances

Return on Equity

29,33 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 871 000	106 797 000	100 607 000	107 927 000
Net Income	6 802 000	7 562 000	5 180 000	9 429 000
Total Assets	50 941 000	53 714 000	45 957 000	39 454 000
Total Equity	23 193 000	19 896 000	19 435 000	18 911 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 871 000	106 797 000	100 607 000	107 927 000
Expenditure	112 878 000	101 434 000	93 786 000	95 449 000
Operating Profit	6 992 000	5 364 000	6 821 000	12 478 000
Financial Income	2 286 000	3 907 000	444 000	9 000
Financial Costs	878 000	346 000	588 000	175 000
Financial Balance	1 408 000	3 561 000	−144 000	−166 000
Earnings Before Tax	8 399 000	8 924 000	6 677 000	12 313 000
Tax	1 597 000	1 362 000	1 497 000	2 884 000
Net Income	6 802 000	7 562 000	5 180 000	9 429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 971 000	13 660 000	13 696 000	787 000
Total Current Assets	29 970 000	40 053 000	32 261 000	38 667 000
Total Assets	50 941 000	53 714 000	45 957 000	39 454 000
Total Retained Equity	20 918 000	17 621 000	17 160 000	16 429 000
Total Equity	23 193 000	19 896 000	19 435 000	18 911 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 747 000	33 818 000	26 522 000	20 543 000
Total Equity and Debt	50 941 000	53 714 000	45 957 000	39 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 871 000	106 797 000	100 547 000	107 927 000
Other Income	0	0	60 000	0
Revenue	119 871 000	106 797 000	100 607 000	107 927 000
Cost of Goods Sold	14 839 000	11 015 000	12 731 000	18 309 000
Salary Costs	81 430 000	78 231 000	71 500 000	64 810 000
Depreciation	62 000	70 000	158 000	154 000
Impairment	0	0	0	0
Expenditure	112 878 000	101 434 000	93 786 000	95 449 000
Operating Profit	6 992 000	5 364 000	6 821 000	12 478 000
Financial Income	2 286 000	3 907 000	444 000	9 000
Financial Costs	878 000	346 000	588 000	175 000
Financial Balance	1 408 000	3 561 000	−144 000	−166 000
Dividends	719 000	6 000 000	3 000 000	0
Net Income	6 802 000	7 562 000	5 180 000	9 429 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	122 000	111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	230 000	114 000	101 000	217 000
Total Tangible Assets	230 000	114 000	101 000	217 000
Total Fiancial Fixed Assets	20 740 000	13 546 000	13 473 000	460 000
Total Fixed Assets	20 971 000	13 660 000	13 696 000	787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	350 000	11 702 000	13 679 000
Total Current Assets	29 970 000	40 053 000	32 261 000	38 667 000
Total Assets	50 941 000	53 714 000	45 957 000	39 454 000
Total Equity	23 193 000	19 896 000	19 435 000	18 911 000
Short-Term Group Debt	5 821 000	3 407 000	5 869 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 280 000	1 790 000	852 000	2 052 000
Unpaid Taxes	8 306 000	9 868 000	7 984 000	8 434 000
Dividends	719 000	6 000 000	3 000 000	0
Other Current Debt	7 633 000	7 675 000	7 895 000	7 139 000
Total Current Debt	27 747 000	33 818 000	26 522 000	20 543 000
Total Equity and Debt	50 941 000	53 714 000	45 957 000	39 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,33 %	38,01 %	26,65 %	49,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,83 %	5,02 %	6,78 %	11,56 %
Current Ratio	1,08	1,18	1,22	1,88
Quick Ratio	1,08	1,18	1,22	1,88
Equity Ratio	0,46	0,37	0,42	0,48
Gross Profit Margin	87,62 %	89,69 %	87,35 %	83,04 %