ENDRE BALAZS AS

2312 OTTESTAD

Finances

Return on Equity

20,02 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 269 000	2 946 000	2 673 000	2 381 000
Net Income	341 000	432 000	364 000	251 000
Total Assets	2 476 000	2 381 000	1 988 000	1 837 000
Total Equity	1 703 000	1 362 000	931 000	566 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 269 000	2 946 000	2 673 000	2 381 000
Expenditure	2 839 000	2 378 000	2 179 000	1 994 000
Operating Profit	430 000	568 000	494 000	388 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	18 000	21 000	31 000	24 000
Financial Balance	−15 000	−20 000	−30 000	−23 000
Earnings Before Tax	415 000	547 000	464 000	365 000
Tax	74 000	116 000	100 000	114 000
Net Income	341 000	432 000	364 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 959 000	906 000	1 092 000	1 314 000
Total Current Assets	517 000	1 475 000	896 000	524 000
Total Assets	2 476 000	2 381 000	1 988 000	1 837 000
Total Retained Equity	1 687 000	1 346 000	914 000	550 000
Total Equity	1 703 000	1 362 000	931 000	566 000
Total Long-Term Debt	478 000	628 000	847 000	1 035 000
Total Current Debt	294 000	391 000	211 000	236 000
Total Equity and Debt	2 476 000	2 381 000	1 988 000	1 837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 269 000	2 946 000	2 673 000	2 381 000
Other Income	0	0	0	0
Revenue	3 269 000	2 946 000	2 673 000	2 381 000
Cost of Goods Sold	0	0	9 000	35 000
Salary Costs	1 146 000	958 000	813 000	713 000
Depreciation	148 000	192 000	271 000	261 000
Impairment	0	0	0	0
Expenditure	2 839 000	2 378 000	2 179 000	1 994 000
Operating Profit	430 000	568 000	494 000	388 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	18 000	21 000	31 000	24 000
Financial Balance	−15 000	−20 000	−30 000	−23 000
Dividends	0	0	0	0
Net Income	341 000	432 000	364 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	660 000	770 000	880 000	990 000
Total Intangible Assets	660 000	770 000	880 000	990 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	80 000	162 000	324 000
Total Tangible Assets	43 000	80 000	162 000	324 000
Total Fiancial Fixed Assets	1 256 000	56 000	50 000	0
Total Fixed Assets	1 959 000	906 000	1 092 000	1 314 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	335 000	1 028 000	811 000	499 000
Total Current Assets	517 000	1 475 000	896 000	524 000
Total Assets	2 476 000	2 381 000	1 988 000	1 837 000
Total Equity	1 703 000	1 362 000	931 000	566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	478 000	628 000	847 000	1 035 000
Creditors	1 000	1 000	4 000	0
Unpaid Taxes	105 000	179 000	22 000	65 000
Dividends	0	0	0	0
Other Current Debt	117 000	100 000	84 000	78 000
Total Current Debt	294 000	391 000	211 000	236 000
Total Equity and Debt	2 476 000	2 381 000	1 988 000	1 837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,02 %	31,72 %	39,1 %	44,35 %
Debt-to-Equity Ratio	0,28	0,46	0,91	1,83
Operating Profit Margin	13,15 %	19,28 %	18,48 %	16,3 %
Current Ratio	1,76	3,77	4,25	2,22
Quick Ratio	1,76	3,77	4,25	2,22
Equity Ratio	0,69	0,57	0,47	0,31
Gross Profit Margin	100 %	100 %	99,66 %	98,53 %