CANION AS

9055 MEISTERVIK

Finances

Share Ownership

Return on Equity

−38,61 %

Current Ratio

5,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	695 000
Net Income	−832 000	−311 000	−327 000
Total Assets	2 532 000	485 000	305 000
Total Equity	2 155 000	−13 000	−103 000

Income (NOK)	2022	2021	2020
Revenue	0	0	695 000
Expenditure	1 063 000	489 000	1 022 000
Operating Profit	−1 063 000	−489 000	−327 000
Financial Income	0	0	2 000
Financial Costs	4 000	3 000	2 000
Financial Balance	−4 000	−3 000	0
Earnings Before Tax	−1 066 000	−492 000	−327 000
Tax	−235 000	−181 000	0
Net Income	−832 000	−311 000	−327 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	504 000	231 000	50 000
Total Current Assets	2 028 000	254 000	255 000
Total Assets	2 532 000	485 000	305 000
Total Retained Equity	−1 475 000	−643 000	−333 000
Total Equity	2 155 000	−13 000	−103 000
Total Long-Term Debt	0	176 000	94 000
Total Current Debt	377 000	323 000	314 000
Total Equity and Debt	2 532 000	485 000	305 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	695 000
Revenue	0	0	695 000
Cost of Goods Sold	2 000	0	0
Salary Costs	486 000	178 000	234 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 063 000	489 000	1 022 000
Operating Profit	−1 063 000	−489 000	−327 000
Financial Income	0	0	2 000
Financial Costs	4 000	3 000	2 000
Financial Balance	−4 000	−3 000	0
Dividends	0	0	0
Net Income	−832 000	−311 000	−327 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	466 000	231 000	50 000
Real Eastate	38 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	38 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	504 000	231 000	50 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 754 000	240 000	157 000
Total Current Assets	2 028 000	254 000	255 000
Total Assets	2 532 000	485 000	305 000
Total Equity	2 155 000	−13 000	−103 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	176 000	94 000
Creditors	279 000	42 000	231 000
Unpaid Taxes	26 000	33 000	30 000
Dividends	0	0	0
Other Current Debt	72 000	248 000	53 000
Total Current Debt	377 000	323 000	314 000
Total Equity and Debt	2 532 000	485 000	305 000

Financial indicators	2022	2021	2020
Return on Equity	−38,61 %	2 392,31 %	317,48 %
Debt-to-Equity Ratio	0	−13,54	−0,91
Operating Profit Margin	-	-	−47,05 %
Current Ratio	5,38	0,79	0,81
Quick Ratio	5,38	0,79	0,81
Equity Ratio	0,85	−0,03	−0,34
Gross Profit Margin	-	-	100 %