OFFICE24 AS

3112 TØNSBERG

Finances

Return on Equity

24,88 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 286 000	161 563 000	140 744 000	73 898 000
Net Income	5 344 000	16 842 000	21 488 000	464 000
Total Assets	76 478 000	48 123 000	45 705 000	20 881 000
Total Equity	21 477 000	13 414 000	19 198 000	2 710 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 286 000	161 563 000	140 744 000	73 898 000
Expenditure	183 183 000	140 098 000	112 806 000	73 068 000
Operating Profit	8 103 000	21 464 000	27 937 000	830 000
Financial Income	246 000	360 000	11 000	22 000
Financial Costs	380 000	75 000	200 000	271 000
Financial Balance	−134 000	285 000	−189 000	−249 000
Earnings Before Tax	7 970 000	21 749 000	27 748 000	581 000
Tax	2 625 000	4 907 000	6 260 000	117 000
Net Income	5 344 000	16 842 000	21 488 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 986 000	14 041 000	6 997 000	7 264 000
Total Current Assets	45 492 000	34 082 000	38 707 000	13 616 000
Total Assets	76 478 000	48 123 000	45 705 000	20 881 000
Total Retained Equity	5 499 000	10 436 000	16 594 000	106 000
Total Equity	21 477 000	13 414 000	19 198 000	2 710 000
Total Long-Term Debt	5 680 000	68 000	2 714 000	4 464 000
Total Current Debt	49 322 000	34 641 000	23 793 000	13 707 000
Total Equity and Debt	76 478 000	48 123 000	45 705 000	20 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 261 000	161 503 000	140 736 000	73 862 000
Other Income	25 000	60 000	7 000	36 000
Revenue	191 286 000	161 563 000	140 744 000	73 898 000
Cost of Goods Sold	116 960 000	104 216 000	84 326 000	45 743 000
Salary Costs	40 559 000	26 362 000	20 578 000	18 980 000
Depreciation	5 708 000	1 668 000	1 063 000	1 049 000
Impairment	0	0	0	0
Expenditure	183 183 000	140 098 000	112 806 000	73 068 000
Operating Profit	8 103 000	21 464 000	27 937 000	830 000
Financial Income	246 000	360 000	11 000	22 000
Financial Costs	380 000	75 000	200 000	271 000
Financial Balance	−134 000	285 000	−189 000	−249 000
Dividends	6 000 000	6 000 000	5 000 000	0
Net Income	5 344 000	16 842 000	21 488 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	27 625 000	9 215 000	5 469 000	6 146 000
Total Intangible Assets	27 911 000	9 302 000	5 614 000	6 280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 796 000	569 000	1 036 000	837 000
Total Tangible Assets	2 796 000	569 000	1 036 000	837 000
Total Fiancial Fixed Assets	279 000	4 170 000	348 000	148 000
Total Fixed Assets	30 986 000	14 041 000	6 997 000	7 264 000
Stock	11 178 000	2 140 000	2 386 000	2 694 000
Total Investments	0	0	0	0
Cash, Bank	12 425 000	13 336 000	22 021 000	1 576 000
Total Current Assets	45 492 000	34 082 000	38 707 000	13 616 000
Total Assets	76 478 000	48 123 000	45 705 000	20 881 000
Total Equity	21 477 000	13 414 000	19 198 000	2 710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 680 000	68 000	2 714 000	4 464 000
Creditors	18 059 000	12 055 000	10 237 000	6 959 000
Unpaid Taxes	7 808 000	4 540 000	4 127 000	2 566 000
Dividends	6 000 000	6 000 000	5 000 000	0
Other Current Debt	14 332 000	7 210 000	3 158 000	2 792 000
Total Current Debt	49 322 000	34 641 000	23 793 000	13 707 000
Total Equity and Debt	76 478 000	48 123 000	45 705 000	20 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,88 %	125,56 %	111,93 %	17,12 %
Debt-to-Equity Ratio	0,26	0,01	0,14	1,65
Operating Profit Margin	4,24 %	13,29 %	19,85 %	1,12 %
Current Ratio	0,92	0,98	1,63	0,99
Quick Ratio	1,19	1,05	1,81	1,24
Equity Ratio	0,28	0,28	0,42	0,13
Gross Profit Margin	38,86 %	35,5 %	40,09 %	38,1 %