WELCOME AS

0352 OSLO

Finances

Share Ownership

Return on Equity

−140,61 %

Current Ratio

0,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 006 000	2 797 000	4 486 000	4 855 000
Net Income	−1 115 000	−392 000	878 000	610 000
Total Assets	1 763 000	2 218 000	2 707 000	2 906 000
Total Equity	793 000	1 908 000	2 300 000	1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 006 000	2 797 000	4 486 000	4 855 000
Expenditure	4 432 000	3 271 000	3 123 000	4 070 000
Operating Profit	−1 426 000	−474 000	1 362 000	786 000
Financial Income	24 000	1 000	24 000	9 000
Financial Costs	26 000	29 000	260 000	18 000
Financial Balance	−2 000	−28 000	−236 000	−9 000
Earnings Before Tax	−1 429 000	−503 000	1 126 000	776 000
Tax	−314 000	−111 000	248 000	167 000
Net Income	−1 115 000	−392 000	878 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	641 000	353 000	353 000
Total Current Assets	636 000	1 577 000	2 354 000	2 553 000
Total Assets	1 763 000	2 218 000	2 707 000	2 906 000
Total Retained Equity	408 000	1 523 000	1 916 000	1 038 000
Total Equity	793 000	1 908 000	2 300 000	1 422 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	970 000	310 000	407 000	1 484 000
Total Equity and Debt	1 763 000	2 218 000	2 707 000	2 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	868 000	3 597 000	4 380 000
Other Income	2 949 000	1 929 000	888 000	475 000
Revenue	3 006 000	2 797 000	4 486 000	4 855 000
Cost of Goods Sold	128 000	52 000	213 000	129 000
Salary Costs	2 522 000	2 033 000	1 764 000	1 478 000
Depreciation	50 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	4 432 000	3 271 000	3 123 000	4 070 000
Operating Profit	−1 426 000	−474 000	1 362 000	786 000
Financial Income	24 000	1 000	24 000	9 000
Financial Costs	26 000	29 000	260 000	18 000
Financial Balance	−2 000	−28 000	−236 000	−9 000
Dividends	0	0	0	0
Net Income	−1 115 000	−392 000	878 000	610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	428 000	114 000	4 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	184 000	12 000	17 000	23 000
Total Tangible Assets	184 000	12 000	17 000	23 000
Total Fiancial Fixed Assets	514 000	514 000	332 000	326 000
Total Fixed Assets	1 127 000	641 000	353 000	353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	671 000	2 083 000	2 310 000
Total Current Assets	636 000	1 577 000	2 354 000	2 553 000
Total Assets	1 763 000	2 218 000	2 707 000	2 906 000
Total Equity	793 000	1 908 000	2 300 000	1 422 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	54 000	77 000	33 000
Unpaid Taxes	120 000	94 000	114 000	91 000
Dividends	0	0	0	0
Other Current Debt	295 000	162 000	151 000	1 371 000
Total Current Debt	970 000	310 000	407 000	1 484 000
Total Equity and Debt	1 763 000	2 218 000	2 707 000	2 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−140,61 %	−20,55 %	38,17 %	42,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−47,44 %	−16,95 %	30,36 %	16,19 %
Current Ratio	0,66	5,09	5,78	1,72
Quick Ratio	0,66	5,09	5,78	1,72
Equity Ratio	0,45	0,86	0,85	0,49
Gross Profit Margin	95,74 %	98,14 %	95,25 %	97,34 %