CLEAVES SECURITIES AS

0484 OSLO

Finances

Return on Equity

6,09 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 209 000	17 887 000	17 759 000	18 599 000
Net Income	598 000	654 000	−225 000	−29 817 000
Total Assets	19 722 000	21 497 000	21 665 000	13 485 000
Total Equity	9 822 000	9 224 000	8 570 000	−4 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 209 000	17 887 000	17 759 000	18 599 000
Expenditure	20 899 000	17 005 000	18 080 000	49 039 000
Operating Profit	310 000	882 000	−322 000	−30 441 000
Financial Income	527 000	55 000	188 000	2 050 000
Financial Costs	238 000	284 000	91 000	1 426 000
Financial Balance	289 000	−229 000	97 000	624 000
Earnings Before Tax	598 000	654 000	−225 000	−29 817 000
Tax	0	0	0	0
Net Income	598 000	654 000	−225 000	−29 817 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 840 000	2 437 000	2 407 000	2 507 000
Total Current Assets	16 881 000	19 061 000	19 258 000	10 978 000
Total Assets	19 722 000	21 497 000	21 665 000	13 485 000
Total Retained Equity	−9 260 000	−9 859 000	−10 512 000	−10 085 000
Total Equity	9 822 000	9 224 000	8 570 000	−4 203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 900 000	12 274 000	13 095 000	17 688 000
Total Equity and Debt	19 722 000	21 497 000	21 665 000	13 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 209 000	17 887 000	17 759 000	18 599 000
Other Income	0	0	0	0
Revenue	21 209 000	17 887 000	17 759 000	18 599 000
Cost of Goods Sold	437 000	98 000	0	4 110 000
Salary Costs	14 694 000	10 683 000	12 240 000	23 481 000
Depreciation	75 000	0	0	0
Impairment	0	0	0	0
Expenditure	20 899 000	17 005 000	18 080 000	49 039 000
Operating Profit	310 000	882 000	−322 000	−30 441 000
Financial Income	527 000	55 000	188 000	2 050 000
Financial Costs	238 000	284 000	91 000	1 426 000
Financial Balance	289 000	−229 000	97 000	624 000
Dividends	0	0	0	0
Net Income	598 000	654 000	−225 000	−29 817 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 371 000	2 371 000	2 371 000	2 471 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	36 000	36 000	36 000
Total Tangible Assets	440 000	36 000	36 000	36 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	2 840 000	2 437 000	2 407 000	2 507 000
Stock	0	0	0	0
Total Investments	0	0	0	261 000
Cash, Bank	522 000	2 548 000	2 145 000	2 757 000
Total Current Assets	16 881 000	19 061 000	19 258 000	10 978 000
Total Assets	19 722 000	21 497 000	21 665 000	13 485 000
Total Equity	9 822 000	9 224 000	8 570 000	−4 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 455 000	5 785 000	3 294 000	843 000
Unpaid Taxes	1 516 000	1 618 000	1 620 000	1 426 000
Dividends	0	0	0	0
Other Current Debt	6 928 000	4 871 000	8 181 000	15 419 000
Total Current Debt	9 900 000	12 274 000	13 095 000	17 688 000
Total Equity and Debt	19 722 000	21 497 000	21 665 000	13 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,09 %	7,09 %	−2,63 %	709,42 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,46 %	4,93 %	−1,81 %	−163,67 %
Current Ratio	1,71	1,55	1,47	0,62
Quick Ratio	1,71	1,55	1,47	0,62
Equity Ratio	0,5	0,43	0,4	−0,31
Gross Profit Margin	97,94 %	99,45 %	100 %	77,9 %