CIRCLE MANAGEMENT AS

0157 OSLO

Finances

Share Ownership

Return on Equity

70,31 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 392 000	1 764 000	906 000	1 447 000
Net Income	1 279 000	401 000	14 000	19 000
Total Assets	3 894 000	1 967 000	1 638 000	534 000
Total Equity	1 819 000	539 000	138 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 392 000	1 764 000	906 000	1 447 000
Expenditure	1 730 000	1 244 000	881 000	1 417 000
Operating Profit	1 662 000	520 000	24 000	30 000
Financial Income	0	0	0	0
Financial Costs	14 000	2 000	5 000	4 000
Financial Balance	−14 000	−2 000	−5 000	−4 000
Earnings Before Tax	1 648 000	518 000	20 000	27 000
Tax	369 000	117 000	6 000	8 000
Net Income	1 279 000	401 000	14 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	56 000	41 000	78 000
Total Current Assets	3 828 000	1 911 000	1 597 000	457 000
Total Assets	3 894 000	1 967 000	1 638 000	534 000
Total Retained Equity	1 797 000	517 000	116 000	139 000
Total Equity	1 819 000	539 000	138 000	161 000
Total Long-Term Debt	3 000	3 000	3 000	3 000
Total Current Debt	2 072 000	1 425 000	1 497 000	371 000
Total Equity and Debt	3 894 000	1 967 000	1 638 000	534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 135 000	1 693 000	1 231 000	684 000
Other Income	257 000	70 000	−325 000	763 000
Revenue	3 392 000	1 764 000	906 000	1 447 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 125 000	772 000	414 000	865 000
Depreciation	5 000	5 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	1 730 000	1 244 000	881 000	1 417 000
Operating Profit	1 662 000	520 000	24 000	30 000
Financial Income	0	0	0	0
Financial Costs	14 000	2 000	5 000	4 000
Financial Balance	−14 000	−2 000	−5 000	−4 000
Dividends	0	0	0	0
Net Income	1 279 000	401 000	14 000	19 000

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	30 000	35 000	41 000	46 000
Total Tangible Assets	30 000	35 000	41 000	46 000
Total Fiancial Fixed Assets	36 000	21 000	0	32 000
Total Fixed Assets	66 000	56 000	41 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 565 000	1 002 000	1 039 000	177 000
Total Current Assets	3 828 000	1 911 000	1 597 000	457 000
Total Assets	3 894 000	1 967 000	1 638 000	534 000
Total Equity	1 819 000	539 000	138 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	3 000	3 000	3 000
Creditors	1 143 000	715 000	593 000	137 000
Unpaid Taxes	181 000	323 000	61 000	108 000
Dividends	0	0	0	0
Other Current Debt	379 000	270 000	837 000	123 000
Total Current Debt	2 072 000	1 425 000	1 497 000	371 000
Total Equity and Debt	3 894 000	1 967 000	1 638 000	534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,31 %	74,4 %	10,14 %	11,8 %
Debt-to-Equity Ratio	0	0,01	0,02	0,02
Operating Profit Margin	49 %	29,48 %	2,65 %	2,07 %
Current Ratio	1,85	1,34	1,07	1,23
Quick Ratio	1,85	1,34	1,07	1,23
Equity Ratio	0,47	0,27	0,08	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %