EXECUTIVES' GLOBAL NETWORK NORGE AS

0484 OSLO

Finances

Share Ownership

Return on Equity

87,01 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 057 000	15 274 000	20 137 000	21 512 000
Net Income	2 693 000	1 691 000	7 000	14 000
Total Assets	10 807 000	8 393 000	10 219 000	5 552 000
Total Equity	3 095 000	1 902 000	211 000	204 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 057 000	15 274 000	20 137 000	21 512 000
Expenditure	14 605 000	13 165 000	20 049 000	21 477 000
Operating Profit	3 452 000	2 110 000	88 000	35 000
Financial Income	0	1 000	0	19 000
Financial Costs	−1 000	−58 000	75 000	22 000
Financial Balance	1 000	59 000	−75 000	−3 000
Earnings Before Tax	3 453 000	2 170 000	13 000	32 000
Tax	760 000	479 000	6 000	19 000
Net Income	2 693 000	1 691 000	7 000	14 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 642 000	4 156 000	4 383 000	208 000
Total Current Assets	8 165 000	4 237 000	5 836 000	5 345 000
Total Assets	10 807 000	8 393 000	10 219 000	5 552 000
Total Retained Equity	2 991 000	1 798 000	107 000	100 000
Total Equity	3 095 000	1 902 000	211 000	204 000
Total Long-Term Debt	2 159 000	2 674 000	2 972 000	0
Total Current Debt	5 553 000	3 816 000	7 036 000	5 348 000
Total Equity and Debt	10 807 000	8 393 000	10 219 000	5 552 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	18 057 000	15 274 000	20 137 000	21 512 000
Other Income	0	0	0	0
Revenue	18 057 000	15 274 000	20 137 000	21 512 000
Cost of Goods Sold	2 945 000	2 988 000	3 815 000	4 469 000
Salary Costs	8 318 000	7 095 000	11 443 000	13 496 000
Depreciation	0	60 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	14 605 000	13 165 000	20 049 000	21 477 000
Operating Profit	3 452 000	2 110 000	88 000	35 000
Financial Income	0	1 000	0	19 000
Financial Costs	−1 000	−58 000	75 000	22 000
Financial Balance	1 000	59 000	−75 000	−3 000
Dividends	0	0	0	0
Net Income	2 693 000	1 691 000	7 000	14 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	44 000	46 000	133 000	140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	17 000
Fixtures	0	0	39 000	51 000
Total Tangible Assets	0	0	39 000	68 000
Total Fiancial Fixed Assets	2 598 000	4 110 000	4 211 000	0
Total Fixed Assets	2 642 000	4 156 000	4 383 000	208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 903 000	1 812 000	1 936 000	697 000
Total Current Assets	8 165 000	4 237 000	5 836 000	5 345 000
Total Assets	10 807 000	8 393 000	10 219 000	5 552 000
Total Equity	3 095 000	1 902 000	211 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 159 000	2 674 000	2 972 000	0
Creditors	0	0	1 058 000	731 000
Unpaid Taxes	1 405 000	644 000	1 283 000	1 227 000
Dividends	0	0	0	0
Other Current Debt	3 389 000	2 781 000	4 695 000	3 390 000
Total Current Debt	5 553 000	3 816 000	7 036 000	5 348 000
Total Equity and Debt	10 807 000	8 393 000	10 219 000	5 552 000

Financial indicators	2021	2020	2019	2018
Return on Equity	87,01 %	88,91 %	3,32 %	6,86 %
Debt-to-Equity Ratio	0,7	1,41	14,09	0
Operating Profit Margin	19,12 %	13,81 %	0,44 %	0,16 %
Current Ratio	1,47	1,11	0,83	1
Quick Ratio	1,47	1,11	0,83	1
Equity Ratio	0,29	0,23	0,02	0,04
Gross Profit Margin	83,69 %	80,44 %	81,05 %	79,23 %