ROYAL SOFTWARE AS

2020 SKEDSMOKORSET

Finances

Return on Equity

8,43 %

Current Ratio

11,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 000	−28 000
Net Income	307 000	2 502 000	601 000	−116 000
Total Assets	3 944 000	3 606 000	1 098 000	486 000
Total Equity	3 641 000	3 584 000	1 082 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 000	−28 000
Expenditure	458 000	113 000	51 000	90 000
Operating Profit	−458 000	−113 000	−48 000	−117 000
Financial Income	771 000	2 624 000	629 000	1 000
Financial Costs	6 000	9 000	0	0
Financial Balance	765 000	2 615 000	629 000	1 000
Earnings Before Tax	307 000	2 502 000	580 000	−116 000
Tax	0	0	−20 000	0
Net Income	307 000	2 502 000	601 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	507 000	129 000	306 000	405 000
Total Current Assets	3 436 000	3 477 000	793 000	81 000
Total Assets	3 944 000	3 606 000	1 098 000	486 000
Total Retained Equity	3 611 000	3 554 000	1 052 000	452 000
Total Equity	3 641 000	3 584 000	1 082 000	482 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	303 000	22 000	16 000	4 000
Total Equity and Debt	3 944 000	3 606 000	1 098 000	486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 000	−28 000
Other Income	0	0	0	0
Revenue	0	0	2 000	−28 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	22 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	458 000	113 000	51 000	90 000
Operating Profit	−458 000	−113 000	−48 000	−117 000
Financial Income	771 000	2 624 000	629 000	1 000
Financial Costs	6 000	9 000	0	0
Financial Balance	765 000	2 615 000	629 000	1 000
Dividends	250 000	0	0	0
Net Income	307 000	2 502 000	601 000	−116 000

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	77 000	99 000	0	0
Total Tangible Assets	77 000	99 000	0	0
Total Fiancial Fixed Assets	430 000	30 000	306 000	405 000
Total Fixed Assets	507 000	129 000	306 000	405 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 422 000	3 133 000	748 000	39 000
Total Current Assets	3 436 000	3 477 000	793 000	81 000
Total Assets	3 944 000	3 606 000	1 098 000	486 000
Total Equity	3 641 000	3 584 000	1 082 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	5 000	16 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	250 000	0	0	0
Other Current Debt	26 000	17 000	0	0
Total Current Debt	303 000	22 000	16 000	4 000
Total Equity and Debt	3 944 000	3 606 000	1 098 000	486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,43 %	69,81 %	55,55 %	−24,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−2 400 %	417,86 %
Current Ratio	11,34	158,05	49,56	20,25
Quick Ratio	11,34	158,05	49,56	20,25
Equity Ratio	0,92	0,99	0,99	0,99
Gross Profit Margin	-	-	100 %	100 %