THE NEW VENTURE AS

0194 OSLO

Finances

Return on Equity

390,91 %

Current Ratio

−3,1

Debt-to-Equity Ratio

−17,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 000	487 000	740 000	2 230 000
Net Income	−258 000	75 000	19 000	832 000
Total Assets	1 680 000	1 415 000	441 000	702 000
Total Equity	−66 000	129 000	55 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 000	487 000	740 000	2 230 000
Expenditure	215 000	408 000	703 000	1 065 000
Operating Profit	65 000	79 000	37 000	1 164 000
Financial Income	0	0	0	0
Financial Costs	50 000	5 000	4 000	16 000
Financial Balance	−50 000	−5 000	−4 000	−16 000
Earnings Before Tax	15 000	75 000	34 000	1 149 000
Tax	273 000	0	14 000	317 000
Net Income	−258 000	75 000	19 000	832 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 485 000	38 000	8 000	8 000
Total Current Assets	−1 805 000	1 378 000	433 000	695 000
Total Assets	1 680 000	1 415 000	441 000	702 000
Total Retained Equity	−96 000	99 000	25 000	5 000
Total Equity	−66 000	129 000	55 000	35 000
Total Long-Term Debt	1 162 000	1 107 000	85 000	261 000
Total Current Debt	583 000	179 000	301 000	406 000
Total Equity and Debt	1 680 000	1 415 000	441 000	702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	127 000	380 000	1 870 000
Other Income	180 000	360 000	360 000	360 000
Revenue	280 000	487 000	740 000	2 230 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	25 000
Impairment	0	0	0	0
Expenditure	215 000	408 000	703 000	1 065 000
Operating Profit	65 000	79 000	37 000	1 164 000
Financial Income	0	0	0	0
Financial Costs	50 000	5 000	4 000	16 000
Financial Balance	−50 000	−5 000	−4 000	−16 000
Dividends	0	0	0	0
Net Income	−258 000	75 000	19 000	832 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 485 000	38 000	8 000	8 000
Total Fixed Assets	3 485 000	38 000	8 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	8 000	25 000	72 000
Total Current Assets	−1 805 000	1 378 000	433 000	695 000
Total Assets	1 680 000	1 415 000	441 000	702 000
Total Equity	−66 000	129 000	55 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 162 000	1 107 000	85 000	261 000
Creditors	305 000	155 000	136 000	0
Unpaid Taxes	5 000	10 000	0	89 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	583 000	179 000	301 000	406 000
Total Equity and Debt	1 680 000	1 415 000	441 000	702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	390,91 %	58,14 %	34,55 %	2 377,14 %
Debt-to-Equity Ratio	−17,61	8,58	1,55	7,46
Operating Profit Margin	23,21 %	16,22 %	5 %	52,2 %
Current Ratio	−3,1	7,7	1,44	1,71
Quick Ratio	−3,1	7,7	1,44	1,71
Equity Ratio	−0,04	0,09	0,12	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %