BETTER SOCIETIES HOLDING AS

3112 TØNSBERG

Finances

Return on Equity

9,7 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	0	0	0
Net Income	58 000	24 000	−17 000	10 000
Total Assets	1 183 000	561 000	622 000	640 000
Total Equity	598 000	541 000	616 000	633 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	0	0	0
Expenditure	33 000	35 000	33 000	18 000
Operating Profit	−19 000	−35 000	−33 000	−18 000
Financial Income	93 000	59 000	19 000	54 000
Financial Costs	0	0	4 000	19 000
Financial Balance	93 000	59 000	15 000	35 000
Earnings Before Tax	74 000	24 000	−18 000	18 000
Tax	16 000	0	−1 000	8 000
Net Income	58 000	24 000	−17 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	125 000	125 000	63 000
Total Current Assets	976 000	436 000	497 000	577 000
Total Assets	1 183 000	561 000	622 000	640 000
Total Retained Equity	223 000	165 000	241 000	258 000
Total Equity	598 000	541 000	616 000	633 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	585 000	20 000	6 000	6 000
Total Equity and Debt	1 183 000	561 000	622 000	640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 000	0	0	0
Revenue	14 000	0	0	0
Cost of Goods Sold	0	1 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	33 000	35 000	33 000	18 000
Operating Profit	−19 000	−35 000	−33 000	−18 000
Financial Income	93 000	59 000	19 000	54 000
Financial Costs	0	0	4 000	19 000
Financial Balance	93 000	59 000	15 000	35 000
Dividends	0	100 000	0	0
Net Income	58 000	24 000	−17 000	10 000

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	207 000	125 000	125 000	63 000
Total Fixed Assets	207 000	125 000	125 000	63 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	18 000	90 000	57 000
Total Current Assets	976 000	436 000	497 000	577 000
Total Assets	1 183 000	561 000	622 000	640 000
Total Equity	598 000	541 000	616 000	633 000
Short-Term Group Debt	490 000	14 000	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	4 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	100 000	0	0
Other Current Debt	91 000	6 000	6 000	6 000
Total Current Debt	585 000	20 000	6 000	6 000
Total Equity and Debt	1 183 000	561 000	622 000	640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,7 %	4,44 %	−2,76 %	1,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−135,71 %	-	-	-
Current Ratio	1,67	21,8	82,83	96,17
Quick Ratio	1,67	21,8	82,83	96,17
Equity Ratio	0,51	0,96	0,99	0,99
Gross Profit Margin	100 %	-	-	-