SYNCHROCITY AS

3031 DRAMMEN

Finances

Return on Equity

4,64 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	325 000	0	0	0
Net Income	−13 000	−454 000	21 000	−7 000
Total Assets	610 000	567 000	467 000	640 000
Total Equity	−280 000	−267 000	187 000	366 000

Income (NOK)	2022	2021	2020	2019
Revenue	325 000	0	0	0
Expenditure	338 000	423 000	267 000	7 000
Operating Profit	−13 000	−423 000	−267 000	−7 000
Financial Income	0	0	294 000	0
Financial Costs	0	31 000	0	0
Financial Balance	0	−31 000	294 000	0
Earnings Before Tax	−13 000	−454 000	27 000	−7 000
Tax	0	0	6 000	0
Net Income	−13 000	−454 000	21 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	542 000	519 000	61 000	325 000
Total Current Assets	68 000	48 000	406 000	315 000
Total Assets	610 000	567 000	467 000	640 000
Total Retained Equity	−310 000	−297 000	157 000	0
Total Equity	−280 000	−267 000	187 000	366 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	890 000	834 000	280 000	274 000
Total Equity and Debt	610 000	567 000	467 000	640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	325 000	0	0	0
Other Income	0	0	0	0
Revenue	325 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	323 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	338 000	423 000	267 000	7 000
Operating Profit	−13 000	−423 000	−267 000	−7 000
Financial Income	0	0	294 000	0
Financial Costs	0	31 000	0	0
Financial Balance	0	−31 000	294 000	0
Dividends	0	0	200 000	0
Net Income	−13 000	−454 000	21 000	−7 000

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	542 000	519 000	61 000	325 000
Total Fixed Assets	542 000	519 000	61 000	325 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	48 000	169 000	49 000
Total Current Assets	68 000	48 000	406 000	315 000
Total Assets	610 000	567 000	467 000	640 000
Total Equity	−280 000	−267 000	187 000	366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	14 000	0	0	0
Dividends	0	0	200 000	0
Other Current Debt	876 000	834 000	274 000	273 000
Total Current Debt	890 000	834 000	280 000	274 000
Total Equity and Debt	610 000	567 000	467 000	640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,64 %	170,04 %	11,23 %	−1,91 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−4 %	-	-	-
Current Ratio	0,08	0,06	1,45	1,15
Quick Ratio	0,08	0,06	1,45	1,15
Equity Ratio	−0,46	−0,47	0,4	0,57
Gross Profit Margin	100 %	-	-	-