CANDELO AS

7822 BANGSUND

Finances

Share Ownership

Return on Equity

1,64 %

Current Ratio

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	9 000	70 000
Net Income	−14 000	−25 000	−97 000	−89 000
Total Assets	195 000	195 000	204 000	317 000
Total Equity	−852 000	−838 000	−813 000	−716 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	9 000	70 000
Expenditure	14 000	25 000	106 000	159 000
Operating Profit	−14 000	−24 000	−97 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−14 000	−25 000	−97 000	−89 000
Tax	0	0	0	0
Net Income	−14 000	−25 000	−97 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	195 000	195 000	195 000
Total Current Assets	0	0	9 000	122 000
Total Assets	195 000	195 000	204 000	317 000
Total Retained Equity	−867 000	−853 000	−829 000	−732 000
Total Equity	−852 000	−838 000	−813 000	−716 000
Total Long-Term Debt	821 000	0	0	0
Total Current Debt	226 000	1 033 000	1 017 000	1 033 000
Total Equity and Debt	195 000	195 000	204 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	9 000	38 000
Other Income	0	0	0	32 000
Revenue	0	1 000	9 000	70 000
Cost of Goods Sold	0	0	81 000	74 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 000	25 000	106 000	159 000
Operating Profit	−14 000	−24 000	−97 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−14 000	−25 000	−97 000	−89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	195 000	195 000	195 000	195 000
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	195 000	195 000	195 000	195 000
Stock	0	0	0	81 000
Total Investments	0	0	0	0
Cash, Bank	0	0	9 000	40 000
Total Current Assets	0	0	9 000	122 000
Total Assets	195 000	195 000	204 000	317 000
Total Equity	−852 000	−838 000	−813 000	−716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	821 000	0	0	0
Creditors	1 000	0	−4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	225 000	1 033 000	1 021 000	1 033 000
Total Current Debt	226 000	1 033 000	1 017 000	1 033 000
Total Equity and Debt	195 000	195 000	204 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	2,98 %	11,93 %	12,43 %
Debt-to-Equity Ratio	−0,96	−0	−0	−0
Operating Profit Margin	-	−2 400 %	−1 077,78 %	−127,14 %
Current Ratio	0	0	0,01	0,12
Quick Ratio	0	0	0,01	0,13
Equity Ratio	−4,37	−4,3	−3,99	−2,26
Gross Profit Margin	-	100 %	−800 %	−5,71 %