AS PASSION FOR WINE

4020 STAVANGER

Finances

Return on Equity

−18,75 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 644 000	1 543 000	715 000	1 353 000
Net Income	−48 000	105 000	−57 000	156 000
Total Assets	423 000	406 000	270 000	311 000
Total Equity	256 000	304 000	199 000	256 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 644 000	1 543 000	715 000	1 353 000
Expenditure	1 691 000	1 409 000	783 000	−1 137 000
Operating Profit	−48 000	135 000	−68 000	1 569 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−48 000	135 000	−68 000	216 000
Tax	0	30 000	−11 000	60 000
Net Income	−48 000	105 000	−57 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	32 000	32 000	32 000
Total Current Assets	391 000	374 000	238 000	279 000
Total Assets	423 000	406 000	270 000	311 000
Total Retained Equity	156 000	204 000	99 000	156 000
Total Equity	256 000	304 000	199 000	256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	167 000	102 000	71 000	55 000
Total Equity and Debt	423 000	406 000	270 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 644 000	1 543 000	715 000	1 325 000
Other Income	0	0	0	28 000
Revenue	1 644 000	1 543 000	715 000	1 353 000
Cost of Goods Sold	810 000	754 000	363 000	−836 000
Salary Costs	411 000	379 000	43 000	−17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 691 000	1 409 000	783 000	−1 137 000
Operating Profit	−48 000	135 000	−68 000	1 569 000
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	−48 000	105 000	−57 000	156 000

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	32 000	32 000	32 000	32 000
Total Fixed Assets	32 000	32 000	32 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	364 000	373 000	222 000	279 000
Total Current Assets	391 000	374 000	238 000	279 000
Total Assets	423 000	406 000	270 000	311 000
Total Equity	256 000	304 000	199 000	256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	7 000	8 000	0
Unpaid Taxes	27 000	23 000	0	6 000
Dividends	0	0	0	0
Other Current Debt	121 000	43 000	63 000	2 000
Total Current Debt	167 000	102 000	71 000	55 000
Total Equity and Debt	423 000	406 000	270 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,75 %	34,54 %	−28,64 %	60,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,92 %	8,75 %	−9,51 %	115,96 %
Current Ratio	2,34	3,67	3,35	5,07
Quick Ratio	2,34	3,67	3,35	5,07
Equity Ratio	0,61	0,75	0,74	0,82
Gross Profit Margin	50,73 %	51,13 %	49,23 %	161,79 %