PROJECT EXECUTION SERVICES AS

0378 OSLO

Finances

Share Ownership

Return on Equity

14,07 %

Current Ratio

6,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 391 000	1 028 000	1 396 000	1 215 000
Net Income	1 210 000	190 000	1 277 000	−490 000
Total Assets	9 110 000	8 045 000	8 589 000	7 328 000
Total Equity	8 601 000	7 391 000	7 701 000	7 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 391 000	1 028 000	1 396 000	1 215 000
Expenditure	976 000	942 000	116 000	1 832 000
Operating Profit	1 414 000	87 000	1 280 000	−618 000
Financial Income	74 000	111 000	111 000	128 000
Financial Costs	0	8 000	113 000	0
Financial Balance	74 000	103 000	−2 000	128 000
Earnings Before Tax	1 488 000	190 000	1 277 000	−490 000
Tax	278 000	0	0	0
Net Income	1 210 000	190 000	1 277 000	−490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 750 000	5 750 000	5 750 000	6 000 000
Total Current Assets	3 360 000	2 295 000	2 839 000	1 328 000
Total Assets	9 110 000	8 045 000	8 589 000	7 328 000
Total Retained Equity	8 497 000	7 287 000	7 597 000	7 069 000
Total Equity	8 601 000	7 391 000	7 701 000	7 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	509 000	654 000	888 000	154 000
Total Equity and Debt	9 110 000	8 045 000	8 589 000	7 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 316 000	1 028 000	1 396 000	1 215 000
Other Income	75 000	0	0	0
Revenue	2 391 000	1 028 000	1 396 000	1 215 000
Cost of Goods Sold	10 000	0	2 000	27 000
Salary Costs	774 000	821 000	758 000	739 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	976 000	942 000	116 000	1 832 000
Operating Profit	1 414 000	87 000	1 280 000	−618 000
Financial Income	74 000	111 000	111 000	128 000
Financial Costs	0	8 000	113 000	0
Financial Balance	74 000	103 000	−2 000	128 000
Dividends	0	500 000	750 000	0
Net Income	1 210 000	190 000	1 277 000	−490 000

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	5 750 000	5 750 000	5 750 000	6 000 000
Total Fixed Assets	5 750 000	5 750 000	5 750 000	6 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 146 000	2 295 000	2 705 000	249 000
Total Current Assets	3 360 000	2 295 000	2 839 000	1 328 000
Total Assets	9 110 000	8 045 000	8 589 000	7 328 000
Total Equity	8 601 000	7 391 000	7 701 000	7 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−7 000	12 000	6 000	7 000
Unpaid Taxes	146 000	46 000	42 000	54 000
Dividends	0	500 000	750 000	0
Other Current Debt	91 000	96 000	90 000	93 000
Total Current Debt	509 000	654 000	888 000	154 000
Total Equity and Debt	9 110 000	8 045 000	8 589 000	7 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,07 %	2,57 %	16,58 %	−6,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,14 %	8,46 %	91,69 %	−50,86 %
Current Ratio	6,6	3,51	3,2	8,62
Quick Ratio	6,6	3,51	3,2	8,62
Equity Ratio	0,94	0,92	0,9	0,98
Gross Profit Margin	99,58 %	100 %	99,86 %	97,78 %