BUSINESS CONNECT AS

2160 VORMSUND

Finances

Share Ownership

Return on Equity

119,79 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	618 000	456 000	90 000	136 000
Net Income	−345 000	94 000	−17 000	−77 000
Total Assets	260 000	540 000	214 000	298 000
Total Equity	−288 000	57 000	−37 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	618 000	456 000	90 000	136 000
Expenditure	963 000	361 000	108 000	214 000
Operating Profit	−345 000	94 000	−17 000	−77 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−345 000	94 000	−17 000	−77 000
Tax	0	0	0	0
Net Income	−345 000	94 000	−17 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	260 000	540 000	214 000	298 000
Total Assets	260 000	540 000	214 000	298 000
Total Retained Equity	−318 000	27 000	−67 000	−50 000
Total Equity	−288 000	57 000	−37 000	−20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	548 000	483 000	251 000	318 000
Total Equity and Debt	260 000	540 000	214 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	456 000	90 000	136 000
Other Income	0	0	0	0
Revenue	618 000	456 000	90 000	136 000
Cost of Goods Sold	87 000	9 000	4 000	4 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	963 000	361 000	108 000	214 000
Operating Profit	−345 000	94 000	−17 000	−77 000
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	−345 000	94 000	−17 000	−77 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	295 000	95 000	82 000
Total Current Assets	260 000	540 000	214 000	298 000
Total Assets	260 000	540 000	214 000	298 000
Total Equity	−288 000	57 000	−37 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	22 000	25 000	99 000
Unpaid Taxes	158 000	83 000	16 000	9 000
Dividends	0	0	0	0
Other Current Debt	377 000	378 000	210 000	210 000
Total Current Debt	548 000	483 000	251 000	318 000
Total Equity and Debt	260 000	540 000	214 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,79 %	164,91 %	45,95 %	385 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−55,83 %	20,61 %	−18,89 %	−56,62 %
Current Ratio	0,47	1,12	0,85	0,94
Quick Ratio	0,47	1,12	0,85	0,94
Equity Ratio	−1,11	0,11	−0,17	−0,07
Gross Profit Margin	85,92 %	98,03 %	95,56 %	97,06 %