PROFIT MANAGEMENT AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

−38,29 %

Current Ratio

0,25

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	459 000	960 000	1 139 000	1 557 000
Net Income	−206 000	449 000	30 000	−175 000
Total Assets	1 199 000	1 399 000	911 000	872 000
Total Equity	538 000	744 000	295 000	265 000

Income (NOK)	2022	2021	2020	2019
Revenue	459 000	960 000	1 139 000	1 557 000
Expenditure	659 000	466 000	1 083 000	1 710 000
Operating Profit	−201 000	495 000	56 000	−153 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	5 000	9 000	28 000	24 000
Financial Balance	−5 000	−7 000	−26 000	−23 000
Earnings Before Tax	−206 000	488 000	30 000	−175 000
Tax	0	39 000	0	0
Net Income	−206 000	449 000	30 000	−175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 098 000	1 098 000	700 000	706 000
Total Current Assets	101 000	301 000	211 000	166 000
Total Assets	1 199 000	1 399 000	911 000	872 000
Total Retained Equity	438 000	644 000	195 000	165 000
Total Equity	538 000	744 000	295 000	265 000
Total Long-Term Debt	256 000	319 000	121 000	157 000
Total Current Debt	405 000	336 000	494 000	449 000
Total Equity and Debt	1 199 000	1 399 000	911 000	872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	459 000	828 000	1 116 000	1 555 000
Other Income	0	132 000	23 000	2 000
Revenue	459 000	960 000	1 139 000	1 557 000
Cost of Goods Sold	10 000	33 000	83 000	107 000
Salary Costs	5 000	10 000	114 000	630 000
Depreciation	0	0	6 000	6 000
Impairment	0	0	0	0
Expenditure	659 000	466 000	1 083 000	1 710 000
Operating Profit	−201 000	495 000	56 000	−153 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	5 000	9 000	28 000	24 000
Financial Balance	−5 000	−7 000	−26 000	−23 000
Dividends	0	0	0	0
Net Income	−206 000	449 000	30 000	−175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 050 000	1 050 000	639 000	639 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	12 000	18 000
Total Tangible Assets	0	0	12 000	18 000
Total Fiancial Fixed Assets	48 000	48 000	48 000	48 000
Total Fixed Assets	1 098 000	1 098 000	700 000	706 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	27 000	44 000	79 000
Total Current Assets	101 000	301 000	211 000	166 000
Total Assets	1 199 000	1 399 000	911 000	872 000
Total Equity	538 000	744 000	295 000	265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	256 000	319 000	121 000	157 000
Creditors	364 000	284 000	447 000	267 000
Unpaid Taxes	37 000	13 000	38 000	126 000
Dividends	0	0	0	0
Other Current Debt	4 000	0	10 000	57 000
Total Current Debt	405 000	336 000	494 000	449 000
Total Equity and Debt	1 199 000	1 399 000	911 000	872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,29 %	60,35 %	10,17 %	−66,04 %
Debt-to-Equity Ratio	0,48	0,43	0,41	0,59
Operating Profit Margin	−43,79 %	51,56 %	4,92 %	−9,83 %
Current Ratio	0,25	0,9	0,43	0,37
Quick Ratio	0,25	0,9	0,43	0,37
Equity Ratio	0,45	0,53	0,32	0,3
Gross Profit Margin	97,82 %	96,56 %	92,71 %	93,13 %