KOLSRUD GROUP AS

0661 OSLO

Finances

Return on Equity

81,7 %

Current Ratio

1,6

Debt-to-Equity Ratio

−1,64

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 260 000	0	0	0
Net Income	−625 000	−13 000	−948 000	−40 000
Total Assets	1 310 000	451 000	152 000	1 203 000
Total Equity	−765 000	−940 000	−927 000	21 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 260 000	0	0	0
Expenditure	5 784 000	32 000	878 000	0
Operating Profit	−524 000	−32 000	−878 000	0
Financial Income	45 000	29 000	0	0
Financial Costs	146 000	10 000	70 000	40 000
Financial Balance	−101 000	19 000	−70 000	−40 000
Earnings Before Tax	−625 000	−13 000	−948 000	−40 000
Tax	0	0	0	0
Net Income	−625 000	−13 000	−948 000	−40 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	119 000	70 000
Total Current Assets	1 310 000	451 000	33 000	1 133 000
Total Assets	1 310 000	451 000	152 000	1 203 000
Total Retained Equity	−1 645 000	−1 020 000	−1 007 000	−59 000
Total Equity	−765 000	−940 000	−927 000	21 000
Total Long-Term Debt	1 254 000	1 322 000	1 027 000	1 181 000
Total Current Debt	821 000	68 000	52 000	0
Total Equity and Debt	1 310 000	451 000	152 000	1 203 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 177 000	0	0	0
Other Income	83 000	0	0	0
Revenue	5 260 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 874 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 784 000	32 000	878 000	0
Operating Profit	−524 000	−32 000	−878 000	0
Financial Income	45 000	29 000	0	0
Financial Costs	146 000	10 000	70 000	40 000
Financial Balance	−101 000	19 000	−70 000	−40 000
Dividends	0	0	0	0
Net Income	−625 000	−13 000	−948 000	−40 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	119 000	70 000
Total Fixed Assets	0	0	119 000	70 000
Stock	0	0	0	0
Total Investments	130 000	168 000	0	0
Cash, Bank	59 000	0	33 000	1 000
Total Current Assets	1 310 000	451 000	33 000	1 133 000
Total Assets	1 310 000	451 000	152 000	1 203 000
Total Equity	−765 000	−940 000	−927 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 254 000	1 322 000	1 027 000	1 181 000
Creditors	431 000	47 000	52 000	0
Unpaid Taxes	189 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	201 000	21 000	0	0
Total Current Debt	821 000	68 000	52 000	0
Total Equity and Debt	1 310 000	451 000	152 000	1 203 000

Financial indicators	2021	2020	2019	2018
Return on Equity	81,7 %	1,38 %	102,27 %	−190,48 %
Debt-to-Equity Ratio	−1,64	−1,41	−1,11	56,24
Operating Profit Margin	−9,96 %	-	-	-
Current Ratio	1,6	6,63	0,63	-
Quick Ratio	1,6	6,63	0,63	-
Equity Ratio	−0,58	−2,08	−6,1	0,02
Gross Profit Margin	100 %	-	-	-