2CREATE AS

7040 TRONDHEIM

Finances

Share Ownership

Return on Equity

−19,35 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	70 000	152 000	235 000
Net Income	−6 000	−22 000	20 000	−85 000
Total Assets	42 000	55 000	94 000	86 000
Total Equity	31 000	36 000	59 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	70 000	152 000	235 000
Expenditure	23 000	92 000	132 000	344 000
Operating Profit	−5 000	−22 000	19 000	−109 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−6 000	−22 000	20 000	−109 000
Tax	0	0	0	−24 000
Net Income	−6 000	−22 000	20 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	24 000	24 000
Total Current Assets	18 000	31 000	70 000	62 000
Total Assets	42 000	55 000	94 000	86 000
Total Retained Equity	1 000	6 000	29 000	9 000
Total Equity	31 000	36 000	59 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 000	19 000	35 000	47 000
Total Equity and Debt	42 000	55 000	94 000	86 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	70 000	152 000	235 000
Other Income	0	0	0	0
Revenue	18 000	70 000	152 000	235 000
Cost of Goods Sold	6 000	23 000	44 000	86 000
Salary Costs	0	50 000	50 000	195 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	92 000	132 000	344 000
Operating Profit	−5 000	−22 000	19 000	−109 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−6 000	−22 000	20 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	24 000	24 000	24 000
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	0
Total Fixed Assets	24 000	24 000	24 000	24 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	7 000	21 000	60 000	51 000
Total Current Assets	18 000	31 000	70 000	62 000
Total Assets	42 000	55 000	94 000	86 000
Total Equity	31 000	36 000	59 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	3 000	0
Unpaid Taxes	0	9 000	28 000	26 000
Dividends	0	0	0	0
Other Current Debt	9 000	9 000	5 000	21 000
Total Current Debt	12 000	19 000	35 000	47 000
Total Equity and Debt	42 000	55 000	94 000	86 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,35 %	−61,11 %	33,9 %	−217,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−27,78 %	−31,43 %	12,5 %	−46,38 %
Current Ratio	1,5	1,63	2	1,32
Quick Ratio	9	3,44	2,8	1,68
Equity Ratio	0,74	0,65	0,63	0,45
Gross Profit Margin	66,67 %	67,14 %	71,05 %	63,4 %