MODUS ENDURANCE AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−37,67 %

Current Ratio

0,12

Debt-to-Equity Ratio

5,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	60 000	0
Net Income	−55 000	−45 000	−41 000	−30 000
Total Assets	1 322 000	1 347 000	1 403 000	1 387 000
Total Equity	146 000	201 000	246 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	60 000	0
Expenditure	78 000	75 000	70 000	12 000
Operating Profit	−18 000	−15 000	−9 000	−12 000
Financial Income	0	0	0	0
Financial Costs	37 000	30 000	32 000	19 000
Financial Balance	−37 000	−30 000	−32 000	−19 000
Earnings Before Tax	−55 000	−45 000	−41 000	−30 000
Tax	0	0	0	0
Net Income	−55 000	−45 000	−41 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 276 000	1 330 000	1 385 000	1 358 000
Total Current Assets	47 000	17 000	18 000	28 000
Total Assets	1 322 000	1 347 000	1 403 000	1 387 000
Total Retained Equity	122 000	177 000	222 000	263 000
Total Equity	146 000	201 000	246 000	287 000
Total Long-Term Debt	773 000	794 000	805 000	805 000
Total Current Debt	403 000	352 000	352 000	295 000
Total Equity and Debt	1 322 000	1 347 000	1 403 000	1 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	60 000	60 000	60 000	0
Revenue	60 000	60 000	60 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	54 000	54 000	51 000	0
Impairment	0	0	0	0
Expenditure	78 000	75 000	70 000	12 000
Operating Profit	−18 000	−15 000	−9 000	−12 000
Financial Income	0	0	0	0
Financial Costs	37 000	30 000	32 000	19 000
Financial Balance	−37 000	−30 000	−32 000	−19 000
Dividends	0	0	0	0
Net Income	−55 000	−45 000	−41 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 276 000	1 330 000	1 385 000	1 358 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 276 000	1 330 000	1 385 000	1 358 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 276 000	1 330 000	1 385 000	1 358 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	15 000	18 000	28 000
Total Current Assets	47 000	17 000	18 000	28 000
Total Assets	1 322 000	1 347 000	1 403 000	1 387 000
Total Equity	146 000	201 000	246 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	773 000	794 000	805 000	805 000
Creditors	0	0	0	93 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	403 000	352 000	352 000	202 000
Total Current Debt	403 000	352 000	352 000	295 000
Total Equity and Debt	1 322 000	1 347 000	1 403 000	1 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,67 %	−22,39 %	−16,67 %	−10,45 %
Debt-to-Equity Ratio	5,29	3,95	3,27	2,8
Operating Profit Margin	−30 %	−25 %	−15 %	-
Current Ratio	0,12	0,05	0,05	0,09
Quick Ratio	0,12	0,05	0,05	0,09
Equity Ratio	0,11	0,15	0,18	0,21
Gross Profit Margin	100 %	100 %	100 %	-