SWEET MEMORIES STUDIO AS

9303 SILSAND

Finances

Share Ownership

Return on Equity

−8,4 %

Current Ratio

0,23

Debt-to-Equity Ratio

−3,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	489 000	353 000	379 000	335 000
Net Income	31 000	−4 000	−21 000	−222 000
Total Assets	1 220 000	1 284 000	1 323 000	1 378 000
Total Equity	−369 000	−400 000	−397 000	−376 000

Income (NOK)	2022	2021	2020	2019
Revenue	489 000	353 000	379 000	335 000
Expenditure	448 000	354 000	381 000	508 000
Operating Profit	33 000	8 000	−15 000	−171 000
Financial Income	0	0	0	0
Financial Costs	2 000	12 000	6 000	51 000
Financial Balance	−2 000	−12 000	−6 000	−51 000
Earnings Before Tax	31 000	−4 000	−21 000	−222 000
Tax	0	0	0	0
Net Income	31 000	−4 000	−21 000	−222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 179 000	1 233 000	1 288 000	1 307 000
Total Current Assets	41 000	51 000	35 000	72 000
Total Assets	1 220 000	1 284 000	1 323 000	1 378 000
Total Retained Equity	−429 000	−460 000	−457 000	−436 000
Total Equity	−369 000	−400 000	−397 000	−376 000
Total Long-Term Debt	1 407 000	1 492 000	1 502 000	1 417 000
Total Current Debt	181 000	192 000	217 000	337 000
Total Equity and Debt	1 220 000	1 284 000	1 323 000	1 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	489 000	352 000	352 000	317 000
Other Income	0	1 000	28 000	18 000
Revenue	489 000	353 000	379 000	335 000
Cost of Goods Sold	53 000	51 000	59 000	74 000
Salary Costs	151 000	94 000	118 000	228 000
Depreciation	55 000	55 000	52 000	54 000
Impairment	0	0	0	0
Expenditure	448 000	354 000	381 000	508 000
Operating Profit	33 000	8 000	−15 000	−171 000
Financial Income	0	0	0	0
Financial Costs	2 000	12 000	6 000	51 000
Financial Balance	−2 000	−12 000	−6 000	−51 000
Dividends	0	0	0	0
Net Income	31 000	−4 000	−21 000	−222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 128 000	1 155 000	1 183 000	1 211 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	78 000	105 000	96 000
Total Tangible Assets	1 179 000	1 233 000	1 288 000	1 307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 179 000	1 233 000	1 288 000	1 307 000
Stock	11 000	19 000	10 000	24 000
Total Investments	0	0	0	0
Cash, Bank	30 000	25 000	22 000	41 000
Total Current Assets	41 000	51 000	35 000	72 000
Total Assets	1 220 000	1 284 000	1 323 000	1 378 000
Total Equity	−369 000	−400 000	−397 000	−376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 407 000	1 492 000	1 502 000	1 417 000
Creditors	39 000	28 000	35 000	39 000
Unpaid Taxes	23 000	27 000	17 000	60 000
Dividends	0	0	0	0
Other Current Debt	120 000	138 000	165 000	218 000
Total Current Debt	181 000	192 000	217 000	337 000
Total Equity and Debt	1 220 000	1 284 000	1 323 000	1 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,4 %	1 %	5,29 %	59,04 %
Debt-to-Equity Ratio	−3,81	−3,73	−3,78	−3,77
Operating Profit Margin	6,75 %	2,27 %	−3,96 %	−51,04 %
Current Ratio	0,23	0,27	0,16	0,21
Quick Ratio	0,24	0,29	0,17	0,23
Equity Ratio	−0,3	−0,31	−0,3	−0,27
Gross Profit Margin	89,16 %	85,55 %	84,43 %	77,91 %