24SEVENFINANS AS

3732 SKIEN

Finances

Share Ownership

Return on Equity

270,4 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	949 000	1 951 000	2 195 000
Net Income	−1 690 000	−3 470 000	−1 293 000	−771 000
Total Assets	802 000	1 795 000	5 446 000	6 716 000
Total Equity	−625 000	1 066 000	4 536 000	5 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	949 000	1 951 000	2 195 000
Expenditure	1 816 000	4 416 000	3 257 000	2 979 000
Operating Profit	−1 676 000	−3 467 000	−1 306 000	−784 000
Financial Income	1 000	0	15 000	20 000
Financial Costs	15 000	3 000	2 000	7 000
Financial Balance	−14 000	−3 000	13 000	13 000
Earnings Before Tax	−1 690 000	−3 470 000	−1 293 000	−771 000
Tax	0	0	0	0
Net Income	−1 690 000	−3 470 000	−1 293 000	−771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 310 000	2 520 000
Total Current Assets	802 000	1 795 000	3 137 000	4 195 000
Total Assets	802 000	1 795 000	5 446 000	6 716 000
Total Retained Equity	−11 002 000	−9 311 000	−5 841 000	−4 548 000
Total Equity	−625 000	1 066 000	4 536 000	5 829 000
Total Long-Term Debt	0	0	67 000	142 000
Total Current Debt	1 427 000	729 000	844 000	745 000
Total Equity and Debt	802 000	1 795 000	5 446 000	6 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	949 000	1 951 000	2 195 000
Other Income	0	0	0	0
Revenue	140 000	949 000	1 951 000	2 195 000
Cost of Goods Sold	390 000	775 000	1 358 000	943 000
Salary Costs	1 239 000	1 124 000	1 127 000	1 515 000
Depreciation	0	188 000	189 000	213 000
Impairment	0	2 117 000	0	0
Expenditure	1 816 000	4 416 000	3 257 000	2 979 000
Operating Profit	−1 676 000	−3 467 000	−1 306 000	−784 000
Financial Income	1 000	0	15 000	20 000
Financial Costs	15 000	3 000	2 000	7 000
Financial Balance	−14 000	−3 000	13 000	13 000
Dividends	0	0	0	0
Net Income	−1 690 000	−3 470 000	−1 293 000	−771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 300 000
Total Intangible Assets	0	0	2 304 000	2 493 000
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	5 000	27 000
Total Fixed Assets	0	0	2 310 000	2 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	1 413 000	2 708 000	3 551 000
Total Current Assets	802 000	1 795 000	3 137 000	4 195 000
Total Assets	802 000	1 795 000	5 446 000	6 716 000
Total Equity	−625 000	1 066 000	4 536 000	5 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	67 000	142 000
Creditors	550 000	543 000	657 000	112 000
Unpaid Taxes	109 000	89 000	88 000	115 000
Dividends	0	0	0	0
Other Current Debt	768 000	98 000	99 000	517 000
Total Current Debt	1 427 000	729 000	844 000	745 000
Total Equity and Debt	802 000	1 795 000	5 446 000	6 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	270,4 %	−325,52 %	−28,51 %	−13,23 %
Debt-to-Equity Ratio	−0	0	0,01	0,02
Operating Profit Margin	−1 197,14 %	−365,33 %	−66,94 %	−35,72 %
Current Ratio	0,56	2,46	3,72	5,63
Quick Ratio	0,56	2,46	3,72	5,63
Equity Ratio	−0,78	0,59	0,83	0,87
Gross Profit Margin	−178,57 %	18,34 %	30,39 %	57,04 %