CHESS AS

1663 ROLVSØY

Finances

Return on Equity

137,82 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	282 000	733 000	682 000
Net Income	27 576 000	194 000	501 000	340 000
Total Assets	25 639 000	2 639 000	1 024 000	884 000
Total Equity	20 009 000	−3 364 000	−2 119 000	1 391 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	282 000	733 000	682 000
Expenditure	199 000	32 000	100 000	343 000
Operating Profit	−199 000	249 000	633 000	340 000
Financial Income	28 831 000	0	0	0
Financial Costs	1 057 000	0	0	0
Financial Balance	27 774 000	0	0	0
Earnings Before Tax	27 576 000	249 000	633 000	340 000
Tax	0	55 000	133 000	0
Net Income	27 576 000	194 000	501 000	340 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	25 168 000	1 024 000	1 024 000	0
Total Current Assets	471 000	1 615 000	0	884 000
Total Assets	25 639 000	2 639 000	1 024 000	884 000
Total Retained Equity	19 979 000	−3 394 000	−2 149 000	1 361 000
Total Equity	20 009 000	−3 364 000	−2 119 000	1 391 000
Total Long-Term Debt	0	5 437 000	2 687 000	−507 000
Total Current Debt	5 630 000	566 000	456 000	0
Total Equity and Debt	25 639 000	2 639 000	1 024 000	884 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	106 000	176 000	733 000	0
Other Income	−106 000	106 000	0	682 000
Revenue	0	282 000	733 000	682 000
Cost of Goods Sold	0	0	0	343 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	199 000	32 000	100 000	343 000
Operating Profit	−199 000	249 000	633 000	340 000
Financial Income	28 831 000	0	0	0
Financial Costs	1 057 000	0	0	0
Financial Balance	27 774 000	0	0	0
Dividends	4 203 000	1 440 000	0	0
Net Income	27 576 000	194 000	501 000	340 000

Balance details (NOK)	2021	2020	2019	2018
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	25 168 000	1 024 000	1 024 000	0
Total Fixed Assets	25 168 000	1 024 000	1 024 000	0
Stock	0	0	0	0
Total Investments	0	0	0	884 000
Cash, Bank	0	0	0	0
Total Current Assets	471 000	1 615 000	0	884 000
Total Assets	25 639 000	2 639 000	1 024 000	884 000
Total Equity	20 009 000	−3 364 000	−2 119 000	1 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 437 000	2 687 000	−507 000
Creditors	102 000	0	0	0
Unpaid Taxes	−5 000	212 000	0	0
Dividends	4 203 000	1 440 000	0	0
Other Current Debt	5 346 000	167 000	323 000	0
Total Current Debt	5 630 000	566 000	456 000	0
Total Equity and Debt	25 639 000	2 639 000	1 024 000	884 000

Financial indicators	2021	2020	2019	2018
Return on Equity	137,82 %	−5,77 %	−23,64 %	24,44 %
Debt-to-Equity Ratio	0	−1,62	−1,27	−0,36
Operating Profit Margin	-	88,3 %	86,36 %	49,85 %
Current Ratio	0,08	2,85	0	-
Quick Ratio	0,08	2,85	0	-
Equity Ratio	0,78	−1,27	−2,07	1,57
Gross Profit Margin	-	100 %	100 %	49,71 %