EQURO SOLUTIONS AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

83,15 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 519 000	16 616 000	0	1 178 000
Net Income	3 030 000	4 800 000	−9 000	911 000
Total Assets	7 376 000	8 450 000	549 000	2 148 000
Total Equity	3 644 000	4 949 000	149 000	158 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 519 000	16 616 000	0	1 178 000
Expenditure	11 029 000	11 052 000	8 000	10 000
Operating Profit	3 490 000	5 565 000	−8 000	1 168 000
Financial Income	2 000	171 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	0	170 000	−1 000	0
Earnings Before Tax	3 490 000	5 735 000	−9 000	1 168 000
Tax	461 000	934 000	0	257 000
Net Income	3 030 000	4 800 000	−9 000	911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	528 000	528 000
Total Current Assets	7 376 000	8 450 000	21 000	1 620 000
Total Assets	7 376 000	8 450 000	549 000	2 148 000
Total Retained Equity	3 260 000	4 566 000	−234 000	−225 000
Total Equity	3 644 000	4 949 000	149 000	158 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 733 000	3 500 000	400 000	1 989 000
Total Equity and Debt	7 376 000	8 450 000	549 000	2 148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 518 000	10 560 000	0	1 178 000
Other Income	0	6 057 000	0	0
Revenue	14 519 000	16 616 000	0	1 178 000
Cost of Goods Sold	244 000	733 000	0	0
Salary Costs	6 986 000	6 185 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 029 000	11 052 000	8 000	10 000
Operating Profit	3 490 000	5 565 000	−8 000	1 168 000
Financial Income	2 000	171 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	0	170 000	−1 000	0
Dividends	0	0	0	910 000
Net Income	3 030 000	4 800 000	−9 000	911 000

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	0	0	528 000	528 000
Total Fixed Assets	0	0	528 000	528 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 431 000	3 229 000	21 000	148 000
Total Current Assets	7 376 000	8 450 000	21 000	1 620 000
Total Assets	7 376 000	8 450 000	549 000	2 148 000
Total Equity	3 644 000	4 949 000	149 000	158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	828 000	1 029 000	0	0
Unpaid Taxes	414 000	273 000	0	294 000
Dividends	0	0	0	910 000
Other Current Debt	2 124 000	1 263 000	400 000	528 000
Total Current Debt	3 733 000	3 500 000	400 000	1 989 000
Total Equity and Debt	7 376 000	8 450 000	549 000	2 148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,15 %	96,99 %	−6,04 %	576,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,04 %	33,49 %	-	99,15 %
Current Ratio	1,98	2,41	0,05	0,81
Quick Ratio	1,98	2,41	0,05	0,81
Equity Ratio	0,49	0,59	0,27	0,07
Gross Profit Margin	98,32 %	95,59 %	-	100 %