ESPEN MORSETH AS

3618 SKOLLENBORG

Finances

Return on Equity

−107,69 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	15 000	0	3 000
Net Income	14 000	−6 000	−18 000	−30 000
Total Assets	1 120 000	891 000	891 000	900 000
Total Equity	−13 000	−27 000	−20 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	15 000	0	3 000
Expenditure	9 000	10 000	21 000	40 000
Operating Profit	3 000	5 000	−21 000	−37 000
Financial Income	33 000	−8 000	7 000	13 000
Financial Costs	19 000	5 000	9 000	15 000
Financial Balance	14 000	−13 000	−2 000	−2 000
Earnings Before Tax	18 000	−8 000	−23 000	−38 000
Tax	4 000	−2 000	−5 000	−8 000
Net Income	14 000	−6 000	−18 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 080 000	861 000	873 000	882 000
Total Current Assets	40 000	31 000	17 000	18 000
Total Assets	1 120 000	891 000	891 000	900 000
Total Retained Equity	−101 000	−115 000	−108 000	−90 000
Total Equity	−13 000	−27 000	−20 000	−2 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 133 000	918 000	911 000	902 000
Total Equity and Debt	1 120 000	891 000	891 000	900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	14 000	0	3 000
Other Income	0	1 000	0	0
Revenue	12 000	15 000	0	3 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	4 000	17 000	34 000
Impairment	0	0	0	0
Expenditure	9 000	10 000	21 000	40 000
Operating Profit	3 000	5 000	−21 000	−37 000
Financial Income	33 000	−8 000	7 000	13 000
Financial Costs	19 000	5 000	9 000	15 000
Financial Balance	14 000	−13 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	14 000	−6 000	−18 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	31 000	30 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	35 000	35 000	39 000	56 000
Fixtures	0	0	0	0
Total Tangible Assets	35 000	35 000	39 000	56 000
Total Fiancial Fixed Assets	1 018 000	794 000	804 000	801 000
Total Fixed Assets	1 080 000	861 000	873 000	882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	31 000	17 000	18 000
Total Current Assets	40 000	31 000	17 000	18 000
Total Assets	1 120 000	891 000	891 000	900 000
Total Equity	−13 000	−27 000	−20 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	1 000	0
Unpaid Taxes	2 000	2 000	−1 000	−1 000
Dividends	0	0	0	0
Other Current Debt	1 125 000	916 000	911 000	903 000
Total Current Debt	1 133 000	918 000	911 000	902 000
Total Equity and Debt	1 120 000	891 000	891 000	900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−107,69 %	22,22 %	90 %	1 500 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	25 %	33,33 %	-	−1 233,33 %
Current Ratio	0,04	0,03	0,02	0,02
Quick Ratio	0,04	0,03	0,02	0,02
Equity Ratio	−0,01	−0,03	−0,02	−0
Gross Profit Margin	100 %	100 %	-	100 %