WKN AS

8402 SORTLAND

Finances

Return on Equity

−10,84 %

Current Ratio

2 630,5

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 000	232 000	171 000	72 000
Net Income	−571 000	637 000	222 000	1 138 000
Total Assets	5 311 000	6 921 000	9 460 000	9 174 000
Total Equity	5 268 000	5 839 000	7 702 000	7 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 000	232 000	171 000	72 000
Expenditure	101 000	107 000	94 000	83 000
Operating Profit	−27 000	125 000	76 000	−11 000
Financial Income	10 000	627 000	192 000	1 176 000
Financial Costs	553 000	93 000	11 000	19 000
Financial Balance	−543 000	534 000	181 000	1 157 000
Earnings Before Tax	−571 000	658 000	257 000	1 146 000
Tax	0	22 000	35 000	8 000
Net Income	−571 000	637 000	222 000	1 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	58 000	65 000
Total Current Assets	5 261 000	6 871 000	9 403 000	9 109 000
Total Assets	5 311 000	6 921 000	9 460 000	9 174 000
Total Retained Equity	5 168 000	5 739 000	7 602 000	7 580 000
Total Equity	5 268 000	5 839 000	7 702 000	7 680 000
Total Long-Term Debt	41 000	1 014 000	1 493 000	1 363 000
Total Current Debt	2 000	68 000	265 000	131 000
Total Equity and Debt	5 311 000	6 921 000	9 460 000	9 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 000	232 000	171 000	50 000
Other Income	0	0	0	22 000
Revenue	74 000	232 000	171 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	8 000	7 000
Impairment	0	0	0	0
Expenditure	101 000	107 000	94 000	83 000
Operating Profit	−27 000	125 000	76 000	−11 000
Financial Income	10 000	627 000	192 000	1 176 000
Financial Costs	553 000	93 000	11 000	19 000
Financial Balance	−543 000	534 000	181 000	1 157 000
Dividends	0	2 500 000	200 000	100 000
Net Income	−571 000	637 000	222 000	1 138 000

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	8 000	15 000
Total Tangible Assets	0	0	8 000	15 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	50 000	50 000	58 000	65 000
Stock	0	0	0	0
Total Investments	4 638 000	5 188 000	0	0
Cash, Bank	552 000	1 593 000	9 315 000	9 055 000
Total Current Assets	5 261 000	6 871 000	9 403 000	9 109 000
Total Assets	5 311 000	6 921 000	9 460 000	9 174 000
Total Equity	5 268 000	5 839 000	7 702 000	7 680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	1 014 000	1 493 000	1 363 000
Creditors	0	1 000	0	19 000
Unpaid Taxes	2 000	40 000	27 000	2 000
Dividends	0	2 500 000	200 000	100 000
Other Current Debt	0	0	0	0
Total Current Debt	2 000	68 000	265 000	131 000
Total Equity and Debt	5 311 000	6 921 000	9 460 000	9 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,84 %	10,91 %	2,88 %	14,82 %
Debt-to-Equity Ratio	0,01	0,17	0,19	0,18
Operating Profit Margin	−36,49 %	53,88 %	44,44 %	−15,28 %
Current Ratio	2 630,5	101,04	35,48	69,53
Quick Ratio	2 630,5	101,04	35,48	69,53
Equity Ratio	0,99	0,84	0,81	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %