RISE ABOVE ADVENTURES AS

1356 BEKKESTUA

Finances

Return on Equity

−54,76 %

Current Ratio

Debt-to-Equity Ratio

−11,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	108 000	294 000	479 000
Net Income	46 000	−63 000	−24 000	−113 000
Total Assets	892 000	107 000	70 000	160 000
Total Equity	−84 000	−130 000	−67 000	−43 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	108 000	294 000	479 000
Expenditure	163 000	171 000	243 000	623 000
Operating Profit	18 000	−63 000	52 000	−144 000
Financial Income	55 000	0	0	4 000
Financial Costs	26 000	0	0	5 000
Financial Balance	29 000	0	0	−1 000
Earnings Before Tax	46 000	−63 000	52 000	−144 000
Tax	0	0	76 000	−32 000
Net Income	46 000	−63 000	−24 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	869 000	99 000	0	76 000
Total Current Assets	23 000	8 000	70 000	84 000
Total Assets	892 000	107 000	70 000	160 000
Total Retained Equity	−114 000	−160 000	−97 000	−73 000
Total Equity	−84 000	−130 000	−67 000	−43 000
Total Long-Term Debt	975 000	80 000	80 000	80 000
Total Current Debt	1 000	157 000	56 000	122 000
Total Equity and Debt	892 000	107 000	70 000	160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	107 000	294 000	479 000
Other Income	160 000	2 000	0	0
Revenue	180 000	108 000	294 000	479 000
Cost of Goods Sold	3 000	63 000	127 000	335 000
Salary Costs	0	0	0	2 000
Depreciation	80 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	163 000	171 000	243 000	623 000
Operating Profit	18 000	−63 000	52 000	−144 000
Financial Income	55 000	0	0	4 000
Financial Costs	26 000	0	0	5 000
Financial Balance	29 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	46 000	−63 000	−24 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	97 000	0	0
Total Tangible Assets	717 000	97 000	0	0
Total Fiancial Fixed Assets	153 000	3 000	0	0
Total Fixed Assets	869 000	99 000	0	76 000
Stock	0	0	63 000	65 000
Total Investments	0	0	0	0
Cash, Bank	21 000	3 000	6 000	8 000
Total Current Assets	23 000	8 000	70 000	84 000
Total Assets	892 000	107 000	70 000	160 000
Total Equity	−84 000	−130 000	−67 000	−43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	975 000	80 000	80 000	80 000
Creditors	1 000	1 000	0	60 000
Unpaid Taxes	0	0	13 000	19 000
Dividends	0	0	0	0
Other Current Debt	0	156 000	43 000	43 000
Total Current Debt	1 000	157 000	56 000	122 000
Total Equity and Debt	892 000	107 000	70 000	160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,76 %	48,46 %	35,82 %	262,79 %
Debt-to-Equity Ratio	−11,61	−0,62	−1,19	−1,86
Operating Profit Margin	10 %	−58,33 %	17,69 %	−30,06 %
Current Ratio	23	0,05	1,25	0,69
Quick Ratio	23	0,05	−10	1,47
Equity Ratio	−0,09	−1,21	−0,96	−0,27
Gross Profit Margin	98,33 %	41,67 %	56,8 %	30,06 %