AGDER INNOVASJON AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

80 %

Current Ratio

−0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	607 000	3 000	3 000	3 000
Net Income	72 000	−58 000	−15 000	−15 000
Total Assets	36 000	35 000	30 000	30 000
Total Equity	90 000	35 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	607 000	3 000	3 000	3 000
Expenditure	535 000	60 000	18 000	18 000
Operating Profit	72 000	−58 000	−15 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	72 000	−58 000	−15 000	−15 000
Tax	0	0	0	0
Net Income	72 000	−58 000	−15 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	35 000	23 000	0
Total Current Assets	36 000	0	7 000	30 000
Total Assets	36 000	35 000	30 000	30 000
Total Retained Equity	0	5 000	0	0
Total Equity	90 000	35 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−53 000	0	0	0
Total Equity and Debt	36 000	35 000	30 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	607 000	3 000	3 000	3 000
Other Income	0	0	0	0
Revenue	607 000	3 000	3 000	3 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	535 000	60 000	18 000	18 000
Operating Profit	72 000	−58 000	−15 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	72 000	−58 000	−15 000	−15 000

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	0	35 000	23 000	0
Total Tangible Assets	0	35 000	23 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	35 000	23 000	0
Stock	36 000	0	0	23 000
Total Investments	0	0	0	0
Cash, Bank	0	0	7 000	7 000
Total Current Assets	36 000	0	7 000	30 000
Total Assets	36 000	35 000	30 000	30 000
Total Equity	90 000	35 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−60 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	0	0	0
Total Current Debt	−53 000	0	0	0
Total Equity and Debt	36 000	35 000	30 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80 %	−165,71 %	−50 %	−50 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,86 %	−1 933,33 %	−500 %	−500 %
Current Ratio	−0,68	-	-	-
Quick Ratio	−0,4	-	-	−1,3
Equity Ratio	2,5	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %