OSLO AUTO EXPRESS AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

27,93 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 600 000	4 102 000	3 695 000	2 962 000
Net Income	50 000	28 000	16 000	2 000
Total Assets	1 475 000	1 364 000	918 000	748 000
Total Equity	179 000	129 000	101 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 600 000	4 102 000	3 695 000	2 962 000
Expenditure	4 534 000	4 065 000	3 675 000	2 953 000
Operating Profit	67 000	36 000	21 000	9 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	65 000	35 000	20 000	9 000
Tax	15 000	8 000	4 000	8 000
Net Income	50 000	28 000	16 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	45 000	0	45 000
Total Current Assets	1 355 000	1 319 000	918 000	703 000
Total Assets	1 475 000	1 364 000	918 000	748 000
Total Retained Equity	149 000	99 000	71 000	55 000
Total Equity	179 000	129 000	101 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 296 000	1 235 000	817 000	663 000
Total Equity and Debt	1 475 000	1 364 000	918 000	748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 600 000	4 102 000	3 707 000	2 943 000
Other Income	0	0	−12 000	19 000
Revenue	4 600 000	4 102 000	3 695 000	2 962 000
Cost of Goods Sold	1 625 000	1 480 000	1 750 000	1 453 000
Salary Costs	2 575 000	2 103 000	1 605 000	1 263 000
Depreciation	34 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	4 534 000	4 065 000	3 675 000	2 953 000
Operating Profit	67 000	36 000	21 000	9 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	50 000	28 000	16 000	2 000

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	120 000	45 000	0	0
Total Tangible Assets	120 000	45 000	0	0
Total Fiancial Fixed Assets	0	0	0	45 000
Total Fixed Assets	120 000	45 000	0	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 187 000	1 247 000	790 000	564 000
Total Current Assets	1 355 000	1 319 000	918 000	703 000
Total Assets	1 475 000	1 364 000	918 000	748 000
Total Equity	179 000	129 000	101 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	339 000	17 000	49 000
Unpaid Taxes	500 000	229 000	305 000	207 000
Dividends	0	0	0	0
Other Current Debt	749 000	655 000	490 000	399 000
Total Current Debt	1 296 000	1 235 000	817 000	663 000
Total Equity and Debt	1 475 000	1 364 000	918 000	748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,93 %	21,71 %	15,84 %	2,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,46 %	0,88 %	0,57 %	0,3 %
Current Ratio	1,05	1,07	1,12	1,06
Quick Ratio	1,05	1,07	1,12	1,06
Equity Ratio	0,12	0,09	0,11	0,11
Gross Profit Margin	64,67 %	63,92 %	52,64 %	50,95 %