RED HAT NORWAY BRANCH NUF

0164 OSLO

Finances

Share Ownership

Return on Equity

18,56 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	5 808 000	4 940 000	30 902 000	22 695 000
Net Income	283 000	285 000	1 407 000	876 000
Total Assets	3 295 000	2 839 000	10 266 000	9 013 000
Total Equity	1 525 000	1 242 000	5 640 000	4 233 000

Income (EUR)	2022	2021	2020	2019
Revenue	5 808 000	4 940 000	30 902 000	22 695 000
Expenditure	5 439 000	4 633 000	29 025 000	21 356 000
Operating Profit	369 000	306 000	1 876 000	1 338 000
Financial Income	42 000	77 000	59 000	171 000
Financial Costs	17 000	20 000	94 000	194 000
Financial Balance	25 000	57 000	−35 000	−23 000
Earnings Before Tax	394 000	363 000	1 841 000	1 315 000
Tax	112 000	77 000	434 000	439 000
Net Income	283 000	285 000	1 407 000	876 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	31 000	15 000	210 000	391 000
Total Current Assets	3 264 000	2 824 000	10 056 000	8 622 000
Total Assets	3 295 000	2 839 000	10 266 000	9 013 000
Total Retained Equity	1 525 000	1 242 000	5 630 000	4 223 000
Total Equity	1 525 000	1 242 000	5 640 000	4 233 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 770 000	1 597 000	4 625 000	4 780 000
Total Equity and Debt	3 295 000	2 839 000	10 266 000	9 013 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	5 808 000	4 940 000	30 902 000	22 695 000
Other Income	0	0	0	0
Revenue	5 808 000	4 940 000	30 902 000	22 695 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 701 000	4 005 000	24 544 000	16 951 000
Depreciation	10 000	8 000	288 000	506 000
Impairment	0	0	0	0
Expenditure	5 439 000	4 633 000	29 025 000	21 356 000
Operating Profit	369 000	306 000	1 876 000	1 338 000
Financial Income	42 000	77 000	59 000	171 000
Financial Costs	17 000	20 000	94 000	194 000
Financial Balance	25 000	57 000	−35 000	−23 000
Dividends	0	0	0	0
Net Income	283 000	285 000	1 407 000	876 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	8 000	210 000	391 000
Total Tangible Assets	25 000	8 000	210 000	391 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	15 000	210 000	391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	764 000	464 000	5 138 000	1 993 000
Total Current Assets	3 264 000	2 824 000	10 056 000	8 622 000
Total Assets	3 295 000	2 839 000	10 266 000	9 013 000
Total Equity	1 525 000	1 242 000	5 640 000	4 233 000
Short-Term Group Debt	0	0	0	6 000
Total Long-Term Debt	0	0	0	0
Creditors	150 000	67 000	0	285 000
Unpaid Taxes	337 000	258 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 159 000	1 196 000	4 625 000	3 729 000
Total Current Debt	1 770 000	1 597 000	4 625 000	4 780 000
Total Equity and Debt	3 295 000	2 839 000	10 266 000	9 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,56 %	22,95 %	24,95 %	20,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,35 %	6,19 %	6,07 %	5,9 %
Current Ratio	1,84	1,77	2,17	1,8
Quick Ratio	1,84	1,77	2,17	1,8
Equity Ratio	0,46	0,44	0,55	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %