PEOPLE OF NORWAY AS

1162 OSLO

Finances

Return on Equity

−140,82 %

Current Ratio

0,69

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 302 000	7 950 000	3 685 000	4 988 000
Net Income	445 000	211 000	249 000	103 000
Total Assets	1 675 000	1 705 000	1 971 000	2 639 000
Total Equity	−316 000	−761 000	−972 000	−1 221 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 302 000	7 950 000	3 685 000	4 988 000
Expenditure	7 823 000	7 316 000	3 238 000	4 834 000
Operating Profit	479 000	634 000	447 000	154 000
Financial Income	4 000	17 000	0	0
Financial Costs	1 000	90 000	107 000	21 000
Financial Balance	3 000	−73 000	−107 000	−21 000
Earnings Before Tax	482 000	561 000	340 000	133 000
Tax	37 000	350 000	91 000	29 000
Net Income	445 000	211 000	249 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	114 000	377 000	659 000
Total Current Assets	1 366 000	1 591 000	1 593 000	1 980 000
Total Assets	1 675 000	1 705 000	1 971 000	2 639 000
Total Retained Equity	−421 000	−866 000	−1 077 000	−1 326 000
Total Equity	−316 000	−761 000	−972 000	−1 221 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 991 000	2 467 000	2 943 000	3 860 000
Total Equity and Debt	1 675 000	1 705 000	1 971 000	2 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 302 000	7 509 000	3 685 000	4 488 000
Other Income	0	441 000	0	500 000
Revenue	8 302 000	7 950 000	3 685 000	4 988 000
Cost of Goods Sold	1 630 000	1 742 000	870 000	788 000
Salary Costs	3 816 000	2 041 000	694 000	1 935 000
Depreciation	35 000	207 000	207 000	207 000
Impairment	0	0	0	0
Expenditure	7 823 000	7 316 000	3 238 000	4 834 000
Operating Profit	479 000	634 000	447 000	154 000
Financial Income	4 000	17 000	0	0
Financial Costs	1 000	90 000	107 000	21 000
Financial Balance	3 000	−73 000	−107 000	−21 000
Dividends	0	0	0	0
Net Income	445 000	211 000	249 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	35 000	0	0
Total Intangible Assets	0	35 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	242 000	449 000
Total Tangible Assets	0	0	242 000	449 000
Total Fiancial Fixed Assets	309 000	79 000	135 000	210 000
Total Fixed Assets	309 000	114 000	377 000	659 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	182 000	241 000	92 000	21 000
Total Current Assets	1 366 000	1 591 000	1 593 000	1 980 000
Total Assets	1 675 000	1 705 000	1 971 000	2 639 000
Total Equity	−316 000	−761 000	−972 000	−1 221 000
Short-Term Group Debt	166 000	460 000	1 310 000	1 706 000
Total Long-Term Debt	0	0	0	0
Creditors	425 000	455 000	577 000	1 562 000
Unpaid Taxes	435 000	260 000	204 000	194 000
Dividends	0	0	0	0
Other Current Debt	965 000	941 000	760 000	368 000
Total Current Debt	1 991 000	2 467 000	2 943 000	3 860 000
Total Equity and Debt	1 675 000	1 705 000	1 971 000	2 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−140,82 %	−27,73 %	−25,62 %	−8,44 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	5,77 %	7,97 %	12,13 %	3,09 %
Current Ratio	0,69	0,64	0,54	0,51
Quick Ratio	0,69	0,64	0,54	0,51
Equity Ratio	−0,19	−0,45	−0,49	−0,46
Gross Profit Margin	80,37 %	78,09 %	76,39 %	84,2 %