EQU NORWAY AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

51,72 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	533 000	589 000	217 000	393 000
Net Income	−105 000	62 000	−12 000	−22 000
Total Assets	82 000	172 000	90 000	108 000
Total Equity	−203 000	−97 000	−159 000	−148 000

Income (NOK)	2022	2021	2020	2019
Revenue	533 000	589 000	217 000	393 000
Expenditure	638 000	523 000	229 000	414 000
Operating Profit	−105 000	66 000	−11 000	−22 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Earnings Before Tax	−105 000	62 000	−12 000	−22 000
Tax	0	0	0	0
Net Income	−105 000	62 000	−12 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	82 000	172 000	90 000	108 000
Total Assets	82 000	172 000	90 000	108 000
Total Retained Equity	−233 000	−127 000	−189 000	−178 000
Total Equity	−203 000	−97 000	−159 000	−148 000
Total Long-Term Debt	116 000	159 000	154 000	155 000
Total Current Debt	169 000	111 000	95 000	101 000
Total Equity and Debt	82 000	172 000	90 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	533 000	497 000	217 000	393 000
Other Income	0	92 000	0	0
Revenue	533 000	589 000	217 000	393 000
Cost of Goods Sold	2 000	5 000	8 000	11 000
Salary Costs	507 000	381 000	63 000	138 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	638 000	523 000	229 000	414 000
Operating Profit	−105 000	66 000	−11 000	−22 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Dividends	0	0	0	0
Net Income	−105 000	62 000	−12 000	−22 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	98 000	45 000	63 000
Total Current Assets	82 000	172 000	90 000	108 000
Total Assets	82 000	172 000	90 000	108 000
Total Equity	−203 000	−97 000	−159 000	−148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	116 000	159 000	154 000	155 000
Creditors	1 000	−7 000	6 000	26 000
Unpaid Taxes	32 000	32 000	10 000	11 000
Dividends	0	0	0	0
Other Current Debt	136 000	86 000	79 000	63 000
Total Current Debt	169 000	111 000	95 000	101 000
Total Equity and Debt	82 000	172 000	90 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,72 %	−63,92 %	7,55 %	14,86 %
Debt-to-Equity Ratio	−0,57	−1,64	−0,97	−1,05
Operating Profit Margin	−19,7 %	11,21 %	−5,07 %	−5,6 %
Current Ratio	0,49	1,55	0,95	1,07
Quick Ratio	0,49	1,55	0,95	1,07
Equity Ratio	−2,48	−0,56	−1,77	−1,37
Gross Profit Margin	99,62 %	99,15 %	96,31 %	97,2 %