DEVELOPMENT SOLUTIONS AS

0476 OSLO

Finances

Return on Equity

−2 175 %

Current Ratio

0,98

Debt-to-Equity Ratio

33,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 000	55 000	0	477 000
Net Income	−261 000	−65 000	−47 000	−199 000
Total Assets	499 000	335 000	349 000	446 000
Total Equity	12 000	273 000	338 000	385 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 000	55 000	0	477 000
Expenditure	319 000	120 000	47 000	676 000
Operating Profit	−261 000	−65 000	−47 000	−199 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−261 000	−65 000	−47 000	−199 000
Tax	0	0	0	0
Net Income	−261 000	−65 000	−47 000	−199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	415 000	0	0	0
Total Current Assets	84 000	335 000	349 000	446 000
Total Assets	499 000	335 000	349 000	446 000
Total Retained Equity	−18 000	243 000	308 000	355 000
Total Equity	12 000	273 000	338 000	385 000
Total Long-Term Debt	401 000	0	0	0
Total Current Debt	86 000	63 000	12 000	61 000
Total Equity and Debt	499 000	335 000	349 000	446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 000	55 000	0	477 000
Other Income	0	0	0	0
Revenue	58 000	55 000	0	477 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	600 000
Impairment	0	0	0	0
Expenditure	319 000	120 000	47 000	676 000
Operating Profit	−261 000	−65 000	−47 000	−199 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−261 000	−65 000	−47 000	−199 000

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	415 000	0	0	0
Total Fixed Assets	415 000	0	0	0
Stock	0	0	0	0
Total Investments	0	15 000	0	0
Cash, Bank	21 000	241 000	332 000	427 000
Total Current Assets	84 000	335 000	349 000	446 000
Total Assets	499 000	335 000	349 000	446 000
Total Equity	12 000	273 000	338 000	385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	401 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	−1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	87 000	63 000	12 000	61 000
Total Current Debt	86 000	63 000	12 000	61 000
Total Equity and Debt	499 000	335 000	349 000	446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 175 %	−23,81 %	−13,91 %	−51,69 %
Debt-to-Equity Ratio	33,42	0	0	0
Operating Profit Margin	−450 %	−118,18 %	-	−41,72 %
Current Ratio	0,98	5,32	29,08	7,31
Quick Ratio	0,98	5,32	29,08	7,31
Equity Ratio	0,02	0,81	0,97	0,86
Gross Profit Margin	100 %	100 %	-	100 %