VOTWEAR AS

0152 OSLO

Finances

Share Ownership

Return on Equity

26,82 %

Current Ratio

3,62

Debt-to-Equity Ratio

−2,27

Key figures (NOK)	2021	2020	2019	2018
Revenue	236 000	427 000	165 000	0
Net Income	−454 000	−92 000	−1 179 000	−9 000
Total Assets	2 952 000	2 518 000	2 565 000	1 532 000
Total Equity	−1 693 000	−1 239 000	−1 147 000	32 000

Income (NOK)	2021	2020	2019	2018
Revenue	236 000	427 000	165 000	0
Expenditure	411 000	241 000	1 082 000	9 000
Operating Profit	−176 000	185 000	−918 000	−9 000
Financial Income	1 000	0	1 000	0
Financial Costs	279 000	277 000	262 000	0
Financial Balance	−278 000	−277 000	−261 000	0
Earnings Before Tax	−454 000	−92 000	−1 179 000	−9 000
Tax	0	0	0	0
Net Income	−454 000	−92 000	−1 179 000	−9 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	47 000	70 000	93 000	1 391 000
Total Current Assets	2 905 000	2 448 000	2 471 000	141 000
Total Assets	2 952 000	2 518 000	2 565 000	1 532 000
Total Retained Equity	−2 037 000	−1 583 000	−1 491 000	−312 000
Total Equity	−1 693 000	−1 239 000	−1 147 000	32 000
Total Long-Term Debt	3 841 000	3 201 000	3 135 000	1 500 000
Total Current Debt	803 000	555 000	577 000	0
Total Equity and Debt	2 952 000	2 518 000	2 565 000	1 532 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	221 000	154 000	165 000	0
Other Income	15 000	272 000	0	0
Revenue	236 000	427 000	165 000	0
Cost of Goods Sold	198 000	22 000	320 000	0
Salary Costs	0	0	5 000	0
Depreciation	23 000	23 000	23 000	0
Impairment	0	0	0	0
Expenditure	411 000	241 000	1 082 000	9 000
Operating Profit	−176 000	185 000	−918 000	−9 000
Financial Income	1 000	0	1 000	0
Financial Costs	279 000	277 000	262 000	0
Financial Balance	−278 000	−277 000	−261 000	0
Dividends	0	0	0	0
Net Income	−454 000	−92 000	−1 179 000	−9 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	47 000	70 000	93 000	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	0	1 391 000
Total Fixed Assets	47 000	70 000	93 000	1 391 000
Stock	2 505 000	2 432 000	2 410 000	0
Total Investments	0	0	0	0
Cash, Bank	9 000	15 000	37 000	141 000
Total Current Assets	2 905 000	2 448 000	2 471 000	141 000
Total Assets	2 952 000	2 518 000	2 565 000	1 532 000
Total Equity	−1 693 000	−1 239 000	−1 147 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 841 000	3 201 000	3 135 000	1 500 000
Creditors	0	41 000	322 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	803 000	514 000	254 000	0
Total Current Debt	803 000	555 000	577 000	0
Total Equity and Debt	2 952 000	2 518 000	2 565 000	1 532 000

Financial indicators	2021	2020	2019	2018
Return on Equity	26,82 %	7,43 %	102,79 %	−28,13 %
Debt-to-Equity Ratio	−2,27	−2,58	−2,73	46,88
Operating Profit Margin	−74,58 %	43,33 %	−556,36 %	-
Current Ratio	3,62	4,41	4,28	-
Quick Ratio	−1,71	−1,3	−1,35	-
Equity Ratio	−0,57	−0,49	−0,45	0,02
Gross Profit Margin	16,1 %	94,85 %	−93,94 %	-