POWER-LIFE AS

3340 ÅMOT

Finances

Share Ownership

Return on Equity

218,04 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 822 000	2 660 000	763 000	230 000
Net Income	−556 000	247 000	3 000	29 000
Total Assets	170 000	595 000	167 000	175 000
Total Equity	−255 000	301 000	54 000	51 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 822 000	2 660 000	763 000	230 000
Expenditure	2 366 000	2 339 000	752 000	168 000
Operating Profit	−544 000	322 000	11 000	40 000
Financial Income	5 000	29 000	0	0
Financial Costs	16 000	32 000	7 000	7 000
Financial Balance	−11 000	−3 000	−7 000	−7 000
Earnings Before Tax	−556 000	319 000	4 000	33 000
Tax	0	72 000	1 000	4 000
Net Income	−556 000	247 000	3 000	29 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	48 000	55 000	29 000	0
Total Current Assets	122 000	540 000	138 000	175 000
Total Assets	170 000	595 000	167 000	175 000
Total Retained Equity	−285 000	271 000	24 000	21 000
Total Equity	−255 000	301 000	54 000	51 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	424 000	294 000	113 000	124 000
Total Equity and Debt	170 000	595 000	167 000	175 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 822 000	2 643 000	763 000	230 000
Other Income	0	17 000	0	0
Revenue	1 822 000	2 660 000	763 000	230 000
Cost of Goods Sold	1 941 000	2 078 000	570 000	134 000
Salary Costs	0	0	0	0
Depreciation	14 000	15 000	7 000	0
Impairment	0	0	0	0
Expenditure	2 366 000	2 339 000	752 000	168 000
Operating Profit	−544 000	322 000	11 000	40 000
Financial Income	5 000	29 000	0	0
Financial Costs	16 000	32 000	7 000	7 000
Financial Balance	−11 000	−3 000	−7 000	−7 000
Dividends	0	0	0	0
Net Income	−556 000	247 000	3 000	29 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	53 000	28 000	0
Total Tangible Assets	47 000	53 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	55 000	29 000	0
Stock	24 000	24 000	24 000	24 000
Total Investments	0	0	0	0
Cash, Bank	65 000	433 000	82 000	67 000
Total Current Assets	122 000	540 000	138 000	175 000
Total Assets	170 000	595 000	167 000	175 000
Total Equity	−255 000	301 000	54 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	211 000	21 000	47 000	9 000
Unpaid Taxes	123 000	162 000	24 000	51 000
Dividends	0	0	0	0
Other Current Debt	40 000	40 000	40 000	60 000
Total Current Debt	424 000	294 000	113 000	124 000
Total Equity and Debt	170 000	595 000	167 000	175 000

Financial indicators	2021	2020	2019	2018
Return on Equity	218,04 %	82,06 %	5,56 %	56,86 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−29,86 %	12,11 %	1,44 %	17,39 %
Current Ratio	0,29	1,84	1,22	1,41
Quick Ratio	0,31	2	1,55	1,75
Equity Ratio	−1,5	0,51	0,32	0,29
Gross Profit Margin	−6,53 %	21,88 %	25,29 %	41,74 %