EXCUDO AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

228,25 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 670 000	2 297 000	1 627 000	1 794 000
Net Income	614 000	957 000	471 000	693 000
Total Assets	1 340 000	1 849 000	1 188 000	1 385 000
Total Equity	269 000	265 000	257 000	257 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 670 000	2 297 000	1 627 000	1 794 000
Expenditure	882 000	1 068 000	1 022 000	904 000
Operating Profit	789 000	1 229 000	605 000	890 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Earnings Before Tax	788 000	1 228 000	603 000	889 000
Tax	173 000	270 000	133 000	196 000
Net Income	614 000	957 000	471 000	693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	217 000	217 000	217 000
Total Current Assets	1 123 000	1 632 000	971 000	1 168 000
Total Assets	1 340 000	1 849 000	1 188 000	1 385 000
Total Retained Equity	169 000	165 000	157 000	157 000
Total Equity	269 000	265 000	257 000	257 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 071 000	1 584 000	931 000	1 128 000
Total Equity and Debt	1 340 000	1 849 000	1 188 000	1 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 670 000	2 297 000	1 627 000	1 794 000
Other Income	0	0	0	0
Revenue	1 670 000	2 297 000	1 627 000	1 794 000
Cost of Goods Sold	0	0	0	0
Salary Costs	691 000	890 000	830 000	691 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	882 000	1 068 000	1 022 000	904 000
Operating Profit	789 000	1 229 000	605 000	890 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Dividends	610 000	950 000	470 000	690 000
Net Income	614 000	957 000	471 000	693 000

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	217 000	217 000	217 000	217 000
Total Fixed Assets	217 000	217 000	217 000	217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	588 000	1 269 000	363 000	874 000
Total Current Assets	1 123 000	1 632 000	971 000	1 168 000
Total Assets	1 340 000	1 849 000	1 188 000	1 385 000
Total Equity	269 000	265 000	257 000	257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	8 000	12 000	18 000
Unpaid Taxes	190 000	276 000	199 000	139 000
Dividends	610 000	950 000	470 000	690 000
Other Current Debt	81 000	80 000	118 000	775 000
Total Current Debt	1 071 000	1 584 000	931 000	1 128 000
Total Equity and Debt	1 340 000	1 849 000	1 188 000	1 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	228,25 %	361,13 %	183,27 %	269,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,25 %	53,5 %	37,19 %	49,61 %
Current Ratio	1,05	1,03	1,04	1,04
Quick Ratio	1,05	1,03	1,04	1,04
Equity Ratio	0,2	0,14	0,22	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %