MANAGEMENT EVENTS NORWAY AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

47,35 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 486 000	6 989 000	6 867 000	8 216 000
Net Income	1 427 000	979 000	941 000	2 909 000
Total Assets	9 101 000	6 487 000	5 596 000	5 577 000
Total Equity	3 014 000	1 587 000	608 000	−333 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 486 000	6 989 000	6 867 000	8 216 000
Expenditure	6 564 000	5 661 000	5 827 000	5 320 000
Operating Profit	1 922 000	1 329 000	1 039 000	2 896 000
Financial Income	65 000	8 000	96 000	31 000
Financial Costs	112 000	80 000	23 000	18 000
Financial Balance	−47 000	−72 000	73 000	13 000
Earnings Before Tax	1 876 000	1 257 000	1 111 000	2 909 000
Tax	448 000	278 000	171 000	0
Net Income	1 427 000	979 000	941 000	2 909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 336 000	0	446 000
Total Current Assets	9 101 000	5 151 000	5 596 000	5 132 000
Total Assets	9 101 000	6 487 000	5 596 000	5 577 000
Total Retained Equity	2 914 000	1 487 000	508 000	−433 000
Total Equity	3 014 000	1 587 000	608 000	−333 000
Total Long-Term Debt	0	2 710 000	1 000	0
Total Current Debt	6 087 000	2 190 000	4 987 000	5 910 000
Total Equity and Debt	9 101 000	6 487 000	5 596 000	5 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 486 000	6 989 000	6 867 000	8 216 000
Other Income	0	0	0	0
Revenue	8 486 000	6 989 000	6 867 000	8 216 000
Cost of Goods Sold	2 336 000	1 871 000	1 715 000	1 994 000
Salary Costs	0	0	0	−135 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 564 000	5 661 000	5 827 000	5 320 000
Operating Profit	1 922 000	1 329 000	1 039 000	2 896 000
Financial Income	65 000	8 000	96 000	31 000
Financial Costs	112 000	80 000	23 000	18 000
Financial Balance	−47 000	−72 000	73 000	13 000
Dividends	0	0	0	0
Net Income	1 427 000	979 000	941 000	2 909 000

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	1 336 000	0	446 000
Total Fixed Assets	0	1 336 000	0	446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 026 000	3 541 000	3 494 000	2 816 000
Total Current Assets	9 101 000	5 151 000	5 596 000	5 132 000
Total Assets	9 101 000	6 487 000	5 596 000	5 577 000
Total Equity	3 014 000	1 587 000	608 000	−333 000
Short-Term Group Debt	0	0	3 574 000	4 309 000
Total Long-Term Debt	0	2 710 000	1 000	0
Creditors	2 940 000	413 000	269 000	458 000
Unpaid Taxes	135 000	803 000	558 000	774 000
Dividends	0	0	0	0
Other Current Debt	2 563 000	697 000	417 000	370 000
Total Current Debt	6 087 000	2 190 000	4 987 000	5 910 000
Total Equity and Debt	9 101 000	6 487 000	5 596 000	5 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,35 %	61,69 %	154,77 %	−873,57 %
Debt-to-Equity Ratio	0	1,71	0	−0
Operating Profit Margin	22,65 %	19,02 %	15,13 %	35,25 %
Current Ratio	1,5	2,35	1,12	0,87
Quick Ratio	1,5	2,35	1,12	0,87
Equity Ratio	0,33	0,24	0,11	−0,06
Gross Profit Margin	72,47 %	73,23 %	75,03 %	75,73 %