SUMMIT MANAGEMENT AS

0781 OSLO

Finances

Return on Equity

30,2 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 313 000	2 404 000	2 712 000	2 605 000
Net Income	640 000	709 000	869 000	839 000
Total Assets	3 024 000	2 834 000	2 696 000	2 328 000
Total Equity	2 119 000	1 880 000	1 571 000	1 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 313 000	2 404 000	2 712 000	2 605 000
Expenditure	1 769 000	1 720 000	1 715 000	1 636 000
Operating Profit	544 000	684 000	996 000	970 000
Financial Income	216 000	179 000	93 000	88 000
Financial Costs	0	3 000	2 000	0
Financial Balance	216 000	176 000	91 000	88 000
Earnings Before Tax	760 000	860 000	1 087 000	1 057 000
Tax	121 000	151 000	219 000	218 000
Net Income	640 000	709 000	869 000	839 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	345 000	348 000	523 000
Total Current Assets	2 679 000	2 489 000	2 348 000	1 805 000
Total Assets	3 024 000	2 834 000	2 696 000	2 328 000
Total Retained Equity	2 061 000	1 821 000	1 512 000	1 143 000
Total Equity	2 119 000	1 880 000	1 571 000	1 202 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	905 000	954 000	1 125 000	1 126 000
Total Equity and Debt	3 024 000	2 834 000	2 696 000	2 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 313 000	2 404 000	2 712 000	2 605 000
Other Income	0	0	0	0
Revenue	2 313 000	2 404 000	2 712 000	2 605 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 451 000	1 414 000	1 543 000	1 432 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 769 000	1 720 000	1 715 000	1 636 000
Operating Profit	544 000	684 000	996 000	970 000
Financial Income	216 000	179 000	93 000	88 000
Financial Costs	0	3 000	2 000	0
Financial Balance	216 000	176 000	91 000	88 000
Dividends	400 000	400 000	500 000	500 000
Net Income	640 000	709 000	869 000	839 000

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	345 000	345 000	348 000	523 000
Total Fixed Assets	345 000	345 000	348 000	523 000
Stock	0	0	0	0
Total Investments	1 952 000	1 611 000	1 436 000	1 032 000
Cash, Bank	145 000	247 000	319 000	527 000
Total Current Assets	2 679 000	2 489 000	2 348 000	1 805 000
Total Assets	3 024 000	2 834 000	2 696 000	2 328 000
Total Equity	2 119 000	1 880 000	1 571 000	1 202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	11 000	13 000	6 000
Unpaid Taxes	218 000	246 000	229 000	252 000
Dividends	400 000	400 000	500 000	500 000
Other Current Debt	137 000	147 000	164 000	150 000
Total Current Debt	905 000	954 000	1 125 000	1 126 000
Total Equity and Debt	3 024 000	2 834 000	2 696 000	2 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,2 %	37,71 %	55,32 %	69,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,52 %	28,45 %	36,73 %	37,24 %
Current Ratio	2,96	2,61	2,09	1,6
Quick Ratio	2,96	2,61	2,09	1,6
Equity Ratio	0,7	0,66	0,58	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %