TARGET SOLUTIONS AS

2008 FJERDINGBY

Finances

Return on Equity

31,57 %

Current Ratio

0,55

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	187 000	31 000	0
Net Income	−185 000	136 000	26 000	−20 000
Total Assets	357 000	136 000	19 000	0
Total Equity	−586 000	−401 000	−537 000	−563 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	187 000	31 000	0
Expenditure	155 000	51 000	3 000	20 000
Operating Profit	−155 000	136 000	28 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−155 000	136 000	28 000	−20 000
Tax	30 000	0	2 000	0
Net Income	−185 000	136 000	26 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	0	0	0
Total Current Assets	32 000	136 000	19 000	0
Total Assets	357 000	136 000	19 000	0
Total Retained Equity	−616 000	−431 000	−567 000	−593 000
Total Equity	−586 000	−401 000	−537 000	−563 000
Total Long-Term Debt	885 000	485 000	520 000	520 000
Total Current Debt	58 000	52 000	36 000	43 000
Total Equity and Debt	357 000	136 000	19 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	187 000	31 000	0
Other Income	0	0	0	0
Revenue	0	187 000	31 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	155 000	51 000	3 000	20 000
Operating Profit	−155 000	136 000	28 000	−20 000
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	−185 000	136 000	26 000	−20 000

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	25 000	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	300 000	0	0	0
Total Fixed Assets	325 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	3 000	19 000	0
Total Current Assets	32 000	136 000	19 000	0
Total Assets	357 000	136 000	19 000	0
Total Equity	−586 000	−401 000	−537 000	−563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	885 000	485 000	520 000	520 000
Creditors	3 000	12 000	0	0
Unpaid Taxes	0	16 000	0	0
Dividends	0	0	0	0
Other Current Debt	54 000	24 000	34 000	43 000
Total Current Debt	58 000	52 000	36 000	43 000
Total Equity and Debt	357 000	136 000	19 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	31,57 %	−33,92 %	−4,84 %	3,55 %
Debt-to-Equity Ratio	−1,51	−1,21	−0,97	−0,92
Operating Profit Margin	-	72,73 %	90,32 %	-
Current Ratio	0,55	2,62	0,53	0
Quick Ratio	0,55	2,62	0,53	0
Equity Ratio	−1,64	−2,95	−28,26	-
Gross Profit Margin	-	100 %	100 %	-