ZIRKEL AS

4007 STAVANGER

Finances

Return on Equity

85,42 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 809 000	6 351 000	3 243 000	4 786 000
Net Income	1 857 000	505 000	151 000	421 000
Total Assets	5 040 000	2 440 000	1 673 000	1 923 000
Total Equity	2 174 000	917 000	712 000	561 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 809 000	6 351 000	3 243 000	4 786 000
Expenditure	8 431 000	5 705 000	3 054 000	4 251 000
Operating Profit	2 378 000	646 000	190 000	535 000
Financial Income	6 000	2 000	4 000	5 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	5 000	1 000	4 000	4 000
Earnings Before Tax	2 382 000	648 000	194 000	540 000
Tax	525 000	143 000	43 000	119 000
Net Income	1 857 000	505 000	151 000	421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	45 000	45 000	61 000
Total Current Assets	4 965 000	2 395 000	1 628 000	1 863 000
Total Assets	5 040 000	2 440 000	1 673 000	1 923 000
Total Retained Equity	2 074 000	817 000	612 000	461 000
Total Equity	2 174 000	917 000	712 000	561 000
Total Long-Term Debt	1 000	1 000	2 000	1 000
Total Current Debt	2 865 000	1 522 000	959 000	1 362 000
Total Equity and Debt	5 040 000	2 440 000	1 673 000	1 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 627 000	6 246 000	3 185 000	4 730 000
Other Income	182 000	105 000	57 000	56 000
Revenue	10 809 000	6 351 000	3 243 000	4 786 000
Cost of Goods Sold	7 000	5 000	2 000	945 000
Salary Costs	7 341 000	5 017 000	2 579 000	2 824 000
Depreciation	29 000	20 000	16 000	5 000
Impairment	0	0	0	0
Expenditure	8 431 000	5 705 000	3 054 000	4 251 000
Operating Profit	2 378 000	646 000	190 000	535 000
Financial Income	6 000	2 000	4 000	5 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	5 000	1 000	4 000	4 000
Dividends	600 000	300 000	0	600 000
Net Income	1 857 000	505 000	151 000	421 000

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	69 000	45 000	45 000	61 000
Total Tangible Assets	69 000	45 000	45 000	61 000
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	76 000	45 000	45 000	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 758 000	1 260 000	853 000	1 252 000
Total Current Assets	4 965 000	2 395 000	1 628 000	1 863 000
Total Assets	5 040 000	2 440 000	1 673 000	1 923 000
Total Equity	2 174 000	917 000	712 000	561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	2 000	1 000
Creditors	144 000	55 000	46 000	44 000
Unpaid Taxes	1 074 000	622 000	475 000	346 000
Dividends	600 000	300 000	0	600 000
Other Current Debt	1 122 000	702 000	397 000	453 000
Total Current Debt	2 865 000	1 522 000	959 000	1 362 000
Total Equity and Debt	5 040 000	2 440 000	1 673 000	1 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,42 %	55,07 %	21,21 %	75,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22 %	10,17 %	5,86 %	11,18 %
Current Ratio	1,73	1,57	1,7	1,37
Quick Ratio	1,73	1,57	1,7	1,37
Equity Ratio	0,43	0,38	0,43	0,29
Gross Profit Margin	99,94 %	99,92 %	99,94 %	80,25 %