SOCREATE AS

0360 OSLO

Finances

Return on Equity

904,35 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 512 000	0	0	0
Net Income	416 000	−290 000	−5 000	−7 000
Total Assets	426 000	0	285 000	285 000
Total Equity	46 000	−370 000	−80 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 512 000	0	0	0
Expenditure	1 005 000	5 000	5 000	7 000
Operating Profit	506 000	−5 000	−5 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	285 000	0	0
Financial Balance	−3 000	−285 000	0	0
Earnings Before Tax	503 000	−290 000	−5 000	−7 000
Tax	86 000	0	0	0
Net Income	416 000	−290 000	−5 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	285 000	285 000
Total Current Assets	426 000	0	0	0
Total Assets	426 000	0	285 000	285 000
Total Retained Equity	16 000	−400 000	−110 000	−105 000
Total Equity	46 000	−370 000	−80 000	−75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	380 000	371 000	365 000	360 000
Total Equity and Debt	426 000	0	285 000	285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 512 000	0	0	0
Other Income	0	0	0	0
Revenue	1 512 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	925 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 005 000	5 000	5 000	7 000
Operating Profit	506 000	−5 000	−5 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	285 000	0	0
Financial Balance	−3 000	−285 000	0	0
Dividends	0	0	0	0
Net Income	416 000	−290 000	−5 000	−7 000

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	285 000	285 000
Total Fixed Assets	0	0	285 000	285 000
Stock	0	0	0	0
Total Investments	41 000	0	0	0
Cash, Bank	385 000	0	0	0
Total Current Assets	426 000	0	0	0
Total Assets	426 000	0	285 000	285 000
Total Equity	46 000	−370 000	−80 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	0	0	0
Unpaid Taxes	145 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	104 000	371 000	365 000	360 000
Total Current Debt	380 000	371 000	365 000	360 000
Total Equity and Debt	426 000	0	285 000	285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	904,35 %	78,38 %	6,25 %	9,33 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	33,47 %	-	-	-
Current Ratio	1,12	0	0	0
Quick Ratio	1,12	0	0	0
Equity Ratio	0,11	-	−0,28	−0,26
Gross Profit Margin	100 %	-	-	-