ASCENDING AS

0383 OSLO

Finances

Return on Equity

−6,59 %

Current Ratio

98,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	973 000	474 000
Net Income	−91 000	−13 000	15 000	−360 000
Total Assets	1 390 000	2 145 000	2 160 000	1 125 000
Total Equity	1 380 000	621 000	634 000	619 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	973 000	474 000
Expenditure	116 000	17 000	954 000	939 000
Operating Profit	−116 000	−17 000	19 000	−465 000
Financial Income	0	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	3 000
Earnings Before Tax	−116 000	−17 000	20 000	−461 000
Tax	−26 000	−4 000	4 000	−101 000
Net Income	−91 000	−13 000	15 000	−360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	474 000	471 000	475 000
Total Current Assets	890 000	1 671 000	1 690 000	650 000
Total Assets	1 390 000	2 145 000	2 160 000	1 125 000
Total Retained Equity	428 000	519 000	532 000	516 000
Total Equity	1 380 000	621 000	634 000	619 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000	1 524 000	1 526 000	507 000
Total Equity and Debt	1 390 000	2 145 000	2 160 000	1 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	973 000	474 000
Other Income	0	0	0	0
Revenue	0	0	973 000	474 000
Cost of Goods Sold	0	1 000	1 000	0
Salary Costs	108 000	0	895 000	895 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	17 000	954 000	939 000
Operating Profit	−116 000	−17 000	19 000	−465 000
Financial Income	0	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	3 000
Dividends	0	0	0	0
Net Income	−91 000	−13 000	15 000	−360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	474 000	471 000	475 000
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	0	0	0	0
Total Fixed Assets	500 000	474 000	471 000	475 000
Stock	0	0	0	0
Total Investments	785 000	0	0	0
Cash, Bank	94 000	455 000	474 000	606 000
Total Current Assets	890 000	1 671 000	1 690 000	650 000
Total Assets	1 390 000	2 145 000	2 160 000	1 125 000
Total Equity	1 380 000	621 000	634 000	619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	5 000	0
Unpaid Taxes	15 000	662 000	665 000	466 000
Dividends	0	0	0	0
Other Current Debt	−6 000	856 000	856 000	40 000
Total Current Debt	9 000	1 524 000	1 526 000	507 000
Total Equity and Debt	1 390 000	2 145 000	2 160 000	1 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,59 %	−2,09 %	2,37 %	−58,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	1,95 %	−98,1 %
Current Ratio	98,89	1,1	1,11	1,28
Quick Ratio	98,89	1,1	1,11	1,28
Equity Ratio	0,99	0,29	0,29	0,55
Gross Profit Margin	-	-	99,9 %	100 %