LET'S DANCE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

22,33 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 357 000	3 440 000	3 443 000	3 443 000
Net Income	402 000	−24 000	274 000	565 000
Total Assets	2 857 000	2 319 000	2 654 000	2 687 000
Total Equity	1 800 000	1 699 000	1 723 000	1 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 357 000	3 440 000	3 443 000	3 443 000
Expenditure	3 839 000	3 460 000	3 086 000	2 727 000
Operating Profit	519 000	−20 000	357 000	717 000
Financial Income	8 000	0	4 000	8 000
Financial Costs	11 000	11 000	9 000	0
Financial Balance	−3 000	−11 000	−5 000	8 000
Earnings Before Tax	515 000	−31 000	352 000	725 000
Tax	113 000	−7 000	78 000	159 000
Net Income	402 000	−24 000	274 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	190 000	33 000	335 000
Total Current Assets	2 724 000	2 129 000	2 621 000	2 352 000
Total Assets	2 857 000	2 319 000	2 654 000	2 687 000
Total Retained Equity	1 700 000	1 599 000	1 623 000	1 549 000
Total Equity	1 800 000	1 699 000	1 723 000	1 649 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 057 000	620 000	932 000	1 038 000
Total Equity and Debt	2 857 000	2 319 000	2 654 000	2 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 357 000	3 413 000	3 301 000	3 403 000
Other Income	0	27 000	142 000	40 000
Revenue	4 357 000	3 440 000	3 443 000	3 443 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 058 000	2 261 000	1 643 000	1 568 000
Depreciation	55 000	67 000	11 000	6 000
Impairment	0	0	0	0
Expenditure	3 839 000	3 460 000	3 086 000	2 727 000
Operating Profit	519 000	−20 000	357 000	717 000
Financial Income	8 000	0	4 000	8 000
Financial Costs	11 000	11 000	9 000	0
Financial Balance	−3 000	−11 000	−5 000	8 000
Dividends	300 000	0	200 000	0
Net Income	402 000	−24 000	274 000	565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	11 000	4 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	125 000	179 000	30 000	11 000
Total Tangible Assets	125 000	179 000	30 000	11 000
Total Fiancial Fixed Assets	0	0	0	318 000
Total Fixed Assets	132 000	190 000	33 000	335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 483 000	1 899 000	2 311 000	2 093 000
Total Current Assets	2 724 000	2 129 000	2 621 000	2 352 000
Total Assets	2 857 000	2 319 000	2 654 000	2 687 000
Total Equity	1 800 000	1 699 000	1 723 000	1 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	53 000	74 000	56 000
Unpaid Taxes	93 000	132 000	76 000	84 000
Dividends	300 000	0	200 000	0
Other Current Debt	521 000	436 000	505 000	740 000
Total Current Debt	1 057 000	620 000	932 000	1 038 000
Total Equity and Debt	2 857 000	2 319 000	2 654 000	2 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,33 %	−1,41 %	15,9 %	34,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,91 %	−0,58 %	10,37 %	20,82 %
Current Ratio	2,58	3,43	2,81	2,27
Quick Ratio	2,58	3,43	2,81	2,27
Equity Ratio	0,63	0,73	0,65	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %