RESTORED AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

−67,9 %

Current Ratio

0,79

Debt-to-Equity Ratio

13,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 878 000	2 696 000	1 141 000	854 000
Net Income	−165 000	447 000	104 000	−298 000
Total Assets	3 835 000	2 910 000	335 000	454 000
Total Equity	243 000	408 000	−39 000	−545 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 878 000	2 696 000	1 141 000	854 000
Expenditure	2 933 000	2 194 000	1 002 000	1 128 000
Operating Profit	−55 000	502 000	140 000	−275 000
Financial Income	0	0	0	0
Financial Costs	157 000	61 000	35 000	24 000
Financial Balance	−157 000	−61 000	−35 000	−24 000
Earnings Before Tax	−212 000	441 000	104 000	−298 000
Tax	−47 000	−5 000	0	0
Net Income	−165 000	447 000	104 000	−298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 669 000	2 662 000	259 000	304 000
Total Current Assets	166 000	249 000	77 000	150 000
Total Assets	3 835 000	2 910 000	335 000	454 000
Total Retained Equity	−190 000	0	−471 000	−575 000
Total Equity	243 000	408 000	−39 000	−545 000
Total Long-Term Debt	3 380 000	2 294 000	290 000	0
Total Current Debt	211 000	208 000	84 000	999 000
Total Equity and Debt	3 835 000	2 910 000	335 000	454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 878 000	1 593 000	1 083 000	850 000
Other Income	0	1 103 000	59 000	4 000
Revenue	2 878 000	2 696 000	1 141 000	854 000
Cost of Goods Sold	244 000	135 000	143 000	122 000
Salary Costs	1 320 000	873 000	428 000	351 000
Depreciation	526 000	420 000	73 000	67 000
Impairment	0	0	0	0
Expenditure	2 933 000	2 194 000	1 002 000	1 128 000
Operating Profit	−55 000	502 000	140 000	−275 000
Financial Income	0	0	0	0
Financial Costs	157 000	61 000	35 000	24 000
Financial Balance	−157 000	−61 000	−35 000	−24 000
Dividends	0	0	0	0
Net Income	−165 000	447 000	104 000	−298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	5 000	0	0
Real Eastate	960 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	580 000	241 000	62 000	59 000
Total Tangible Assets	3 617 000	2 656 000	259 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 669 000	2 662 000	259 000	304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	131 000	36 000	110 000
Total Current Assets	166 000	249 000	77 000	150 000
Total Assets	3 835 000	2 910 000	335 000	454 000
Total Equity	243 000	408 000	−39 000	−545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 380 000	2 294 000	290 000	0
Creditors	3 000	0	6 000	7 000
Unpaid Taxes	166 000	201 000	78 000	61 000
Dividends	0	0	0	0
Other Current Debt	43 000	7 000	0	931 000
Total Current Debt	211 000	208 000	84 000	999 000
Total Equity and Debt	3 835 000	2 910 000	335 000	454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,9 %	109,56 %	−266,67 %	54,68 %
Debt-to-Equity Ratio	13,91	5,62	−7,44	−0
Operating Profit Margin	−1,91 %	18,62 %	12,27 %	−32,2 %
Current Ratio	0,79	1,2	0,92	0,15
Quick Ratio	0,79	1,2	0,92	0,15
Equity Ratio	0,06	0,14	−0,12	−1,2
Gross Profit Margin	91,52 %	94,99 %	87,47 %	85,71 %