COST REDUCTION MANAGEMENT AS

0575 OSLO

Finances

Return on Equity

−31,58 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	15 000	0	0
Net Income	−6 000	15 000	−1 000	−19 000
Total Assets	20 000	30 000	30 000	31 000
Total Equity	19 000	25 000	10 000	11 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	15 000	0	0
Expenditure	19 000	0	1 000	19 000
Operating Profit	−6 000	15 000	−1 000	−19 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−6 000	15 000	−1 000	−19 000
Tax	0	0	0	0
Net Income	−6 000	15 000	−1 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	20 000	30 000	30 000	31 000
Total Assets	20 000	30 000	30 000	31 000
Total Retained Equity	−11 000	−5 000	−20 000	−19 000
Total Equity	19 000	25 000	10 000	11 000
Total Long-Term Debt	0	5 000	19 000	18 000
Total Current Debt	1 000	0	1 000	1 000
Total Equity and Debt	20 000	30 000	30 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	15 000	0	0
Other Income	0	0	0	0
Revenue	13 000	15 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	0	1 000	19 000
Operating Profit	−6 000	15 000	−1 000	−19 000
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	−6 000	15 000	−1 000	−19 000

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	12 000	30 000	30 000	30 000
Cash, Bank	1 000	0	0	1 000
Total Current Assets	20 000	30 000	30 000	31 000
Total Assets	20 000	30 000	30 000	31 000
Total Equity	19 000	25 000	10 000	11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	19 000	18 000
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	1 000	1 000
Total Equity and Debt	20 000	30 000	30 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,58 %	60 %	−10 %	−172,73 %
Debt-to-Equity Ratio	0	0,2	1,9	1,64
Operating Profit Margin	−46,15 %	100 %	-	-
Current Ratio	20	-	30	31
Quick Ratio	20	-	30	31
Equity Ratio	0,95	0,83	0,33	0,35
Gross Profit Margin	100 %	100 %	-	-