LET'S SHINE AS

0171 OSLO

Finances

Share Ownership

Return on Equity

10,05 %

Current Ratio

5,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 447 000	1 004 000	1 234 000	1 500 000
Net Income	156 000	8 000	60 000	219 000
Total Assets	1 919 000	1 834 000	1 534 000	1 459 000
Total Equity	1 553 000	1 396 000	1 388 000	1 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 447 000	1 004 000	1 234 000	1 500 000
Expenditure	1 234 000	994 000	1 085 000	1 222 000
Operating Profit	214 000	10 000	149 000	277 000
Financial Income	7 000	0	13 000	3 000
Financial Costs	0	0	8 000	0
Financial Balance	7 000	0	5 000	3 000
Earnings Before Tax	220 000	11 000	154 000	280 000
Tax	64 000	2 000	94 000	62 000
Net Income	156 000	8 000	60 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	119 000	151 000	178 000
Total Current Assets	1 832 000	1 716 000	1 383 000	1 281 000
Total Assets	1 919 000	1 834 000	1 534 000	1 459 000
Total Retained Equity	1 449 000	1 292 000	1 284 000	994 000
Total Equity	1 553 000	1 396 000	1 388 000	1 098 000
Total Long-Term Debt	7 000	0	0	2 000
Total Current Debt	360 000	438 000	146 000	359 000
Total Equity and Debt	1 919 000	1 834 000	1 534 000	1 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 206 000	1 112 000	1 156 000	1 491 000
Other Income	242 000	−108 000	77 000	9 000
Revenue	1 447 000	1 004 000	1 234 000	1 500 000
Cost of Goods Sold	37 000	96 000	62 000	54 000
Salary Costs	612 000	327 000	397 000	689 000
Depreciation	32 000	32 000	33 000	14 000
Impairment	0	0	0	0
Expenditure	1 234 000	994 000	1 085 000	1 222 000
Operating Profit	214 000	10 000	149 000	277 000
Financial Income	7 000	0	13 000	3 000
Financial Costs	0	0	8 000	0
Financial Balance	7 000	0	5 000	3 000
Dividends	0	0	0	0
Net Income	156 000	8 000	60 000	219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	80 000	111 000	141 000
Total Tangible Assets	50 000	80 000	111 000	141 000
Total Fiancial Fixed Assets	38 000	38 000	38 000	38 000
Total Fixed Assets	87 000	119 000	151 000	178 000
Stock	0	9 000	9 000	9 000
Total Investments	0	0	0	0
Cash, Bank	1 611 000	1 625 000	1 356 000	1 202 000
Total Current Assets	1 832 000	1 716 000	1 383 000	1 281 000
Total Assets	1 919 000	1 834 000	1 534 000	1 459 000
Total Equity	1 553 000	1 396 000	1 388 000	1 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	2 000
Creditors	6 000	8 000	−6 000	14 000
Unpaid Taxes	67 000	23 000	25 000	53 000
Dividends	0	0	0	0
Other Current Debt	232 000	407 000	189 000	232 000
Total Current Debt	360 000	438 000	146 000	359 000
Total Equity and Debt	1 919 000	1 834 000	1 534 000	1 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,05 %	0,57 %	4,32 %	19,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,79 %	1 %	12,07 %	18,47 %
Current Ratio	5,09	3,92	9,47	3,57
Quick Ratio	5,09	4	10,09	3,66
Equity Ratio	0,81	0,76	0,9	0,75
Gross Profit Margin	97,44 %	90,44 %	94,98 %	96,4 %