EFFORT IN AS

3560 HEMSEDAL

Finances

Return on Equity

−201,61 %

Current Ratio

0,2

Debt-to-Equity Ratio

24,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	661 000	659 000	491 000	317 000
Net Income	−125 000	−497 000	541 000	−270 000
Total Assets	1 846 000	1 831 000	2 543 000	2 231 000
Total Equity	62 000	187 000	685 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	661 000	659 000	491 000	317 000
Expenditure	684 000	574 000	154 000	587 000
Operating Profit	−23 000	84 000	338 000	−270 000
Financial Income	0	0	340 000	0
Financial Costs	102 000	581 000	136 000	0
Financial Balance	−102 000	−581 000	204 000	0
Earnings Before Tax	−125 000	−497 000	541 000	−270 000
Tax	0	0	0	0
Net Income	−125 000	−497 000	541 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 795 000	1 823 000	2 380 000	2 145 000
Total Current Assets	51 000	8 000	163 000	87 000
Total Assets	1 846 000	1 831 000	2 543 000	2 231 000
Total Retained Equity	32 000	157 000	655 000	113 000
Total Equity	62 000	187 000	685 000	143 000
Total Long-Term Debt	1 526 000	1 398 000	1 650 000	1 570 000
Total Current Debt	258 000	246 000	208 000	518 000
Total Equity and Debt	1 846 000	1 831 000	2 543 000	2 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	661 000	659 000	491 000	317 000
Other Income	0	0	0	0
Revenue	661 000	659 000	491 000	317 000
Cost of Goods Sold	0	0	0	150 000
Salary Costs	530 000	375 000	6 000	767 000
Depreciation	41 000	51 000	64 000	0
Impairment	0	0	0	0
Expenditure	684 000	574 000	154 000	587 000
Operating Profit	−23 000	84 000	338 000	−270 000
Financial Income	0	0	340 000	0
Financial Costs	102 000	581 000	136 000	0
Financial Balance	−102 000	−581 000	204 000	0
Dividends	0	0	0	0
Net Income	−125 000	−497 000	541 000	−270 000

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	164 000	205 000	256 000	0
Total Tangible Assets	164 000	205 000	256 000	0
Total Fiancial Fixed Assets	0	1 618 000	2 124 000	2 145 000
Total Fixed Assets	1 795 000	1 823 000	2 380 000	2 145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	6 000	73 000	19 000
Total Current Assets	51 000	8 000	163 000	87 000
Total Assets	1 846 000	1 831 000	2 543 000	2 231 000
Total Equity	62 000	187 000	685 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 526 000	1 398 000	1 650 000	1 570 000
Creditors	0	8 000	7 000	5 000
Unpaid Taxes	172 000	204 000	129 000	188 000
Dividends	0	0	0	0
Other Current Debt	0	34 000	73 000	325 000
Total Current Debt	258 000	246 000	208 000	518 000
Total Equity and Debt	1 846 000	1 831 000	2 543 000	2 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−201,61 %	−265,78 %	78,98 %	−188,81 %
Debt-to-Equity Ratio	24,61	7,48	2,41	10,98
Operating Profit Margin	−3,48 %	12,75 %	68,84 %	−85,17 %
Current Ratio	0,2	0,03	0,78	0,17
Quick Ratio	0,2	0,03	0,78	0,17
Equity Ratio	0,03	0,1	0,27	0,06
Gross Profit Margin	100 %	100 %	100 %	52,68 %