THE SKIN CLINIC NORWAY AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

84,31 %

Current Ratio

1,4

Debt-to-Equity Ratio

−6,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	578 000	5 000
Net Income	−43 000	−48 000	120 000	−49 000
Total Assets	781 000	25 000	212 000	23 000
Total Equity	−51 000	−7 000	25 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	578 000	5 000
Expenditure	39 000	23 000	415 000	53 000
Operating Profit	−39 000	−23 000	163 000	−48 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	2 000	1 000
Financial Balance	−4 000	0	−2 000	−1 000
Earnings Before Tax	−43 000	−24 000	161 000	−49 000
Tax	0	25 000	41 000	0
Net Income	−43 000	−48 000	120 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	16 000	0	16 000
Total Current Assets	715 000	9 000	212 000	7 000
Total Assets	781 000	25 000	212 000	23 000
Total Retained Equity	−85 000	−42 000	−9 000	−130 000
Total Equity	−51 000	−7 000	25 000	−95 000
Total Long-Term Debt	322 000	68 000	70 000	118 000
Total Current Debt	509 000	−36 000	117 000	0
Total Equity and Debt	781 000	25 000	212 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	578 000	5 000
Other Income	0	0	0	0
Revenue	0	0	578 000	5 000
Cost of Goods Sold	0	0	279 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 000	23 000	415 000	53 000
Operating Profit	−39 000	−23 000	163 000	−48 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	2 000	1 000
Financial Balance	−4 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−43 000	−48 000	120 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	16 000	0	16 000
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	50 000	0	0	0
Total Fixed Assets	66 000	16 000	0	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	−461 000	212 000	7 000
Total Current Assets	715 000	9 000	212 000	7 000
Total Assets	781 000	25 000	212 000	23 000
Total Equity	−51 000	−7 000	25 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	322 000	68 000	70 000	118 000
Creditors	1 000	0	10 000	0
Unpaid Taxes	0	0	83 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	509 000	−36 000	117 000	0
Total Equity and Debt	781 000	25 000	212 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,31 %	685,71 %	480 %	51,58 %
Debt-to-Equity Ratio	−6,31	−9,71	2,8	−1,24
Operating Profit Margin	-	-	28,2 %	−960 %
Current Ratio	1,4	−0,25	1,81	-
Quick Ratio	1,4	−0,25	1,81	-
Equity Ratio	−0,07	−0,28	0,12	−4,13
Gross Profit Margin	-	-	51,73 %	100 %