MICHELET CONSULT AS

0376 OSLO

Finances

Return on Equity

12,82 %

Current Ratio

5,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 770 000	630 000	55 000	268 000
Net Income	1 561 000	444 000	−33 000	159 000
Total Assets	14 633 000	13 629 000	13 567 000	12 209 000
Total Equity	12 174 000	11 113 000	11 269 000	11 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 770 000	630 000	55 000	268 000
Expenditure	177 000	168 000	166 000	101 000
Operating Profit	1 593 000	462 000	−111 000	167 000
Financial Income	5 000	0	59 000	23 000
Financial Costs	32 000	10 000	4 000	3 000
Financial Balance	−27 000	−10 000	55 000	20 000
Earnings Before Tax	1 566 000	453 000	−56 000	187 000
Tax	5 000	9 000	−24 000	29 000
Net Income	1 561 000	444 000	−33 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 633 000	13 629 000	13 567 000	12 209 000
Total Assets	14 633 000	13 629 000	13 567 000	12 209 000
Total Retained Equity	2 286 000	725 000	281 000	313 000
Total Equity	12 174 000	11 113 000	11 269 000	11 651 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 459 000	2 516 000	2 298 000	557 000
Total Equity and Debt	14 633 000	13 629 000	13 567 000	12 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	207 000
Other Income	1 770 000	630 000	55 000	61 000
Revenue	1 770 000	630 000	55 000	268 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	177 000	168 000	166 000	101 000
Operating Profit	1 593 000	462 000	−111 000	167 000
Financial Income	5 000	0	59 000	23 000
Financial Costs	32 000	10 000	4 000	3 000
Financial Balance	−27 000	−10 000	55 000	20 000
Dividends	500 000	600 000	350 000	300 000
Net Income	1 561 000	444 000	−33 000	159 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	14 201 000	13 371 000	12 504 000	11 645 000
Cash, Bank	432 000	258 000	367 000	563 000
Total Current Assets	14 633 000	13 629 000	13 567 000	12 209 000
Total Assets	14 633 000	13 629 000	13 567 000	12 209 000
Total Equity	12 174 000	11 113 000	11 269 000	11 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	23 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	600 000	350 000	300 000
Other Current Debt	1 948 000	1 916 000	1 925 000	221 000
Total Current Debt	2 459 000	2 516 000	2 298 000	557 000
Total Equity and Debt	14 633 000	13 629 000	13 567 000	12 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,82 %	4 %	−0,29 %	1,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90 %	73,33 %	−201,82 %	62,31 %
Current Ratio	5,95	5,42	5,9	21,92
Quick Ratio	5,95	5,42	5,9	21,92
Equity Ratio	0,83	0,82	0,83	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %