TRUE AS

0553 OSLO

Finances

Return on Equity

66,67 %

Current Ratio

0,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	4 000	29 000	159 000
Net Income	4 000	7 000	2 000	−1 000
Total Assets	21 000	21 000	19 000	12 000
Total Equity	6 000	2 000	0	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	4 000	29 000	159 000
Expenditure	0	2 000	27 000	157 000
Operating Profit	4 000	2 000	2 000	2 000
Financial Income	1 000	6 000	0	0
Financial Costs	0	0	0	3 000
Financial Balance	1 000	6 000	0	−3 000
Earnings Before Tax	5 000	7 000	2 000	−1 000
Tax	1 000	0	0	0
Net Income	4 000	7 000	2 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	20 000	10 000	0
Total Current Assets	1 000	1 000	9 000	12 000
Total Assets	21 000	21 000	19 000	12 000
Total Retained Equity	−24 000	−28 000	−30 000	−18 000
Total Equity	6 000	2 000	0	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	19 000	19 000	0
Total Equity and Debt	21 000	21 000	19 000	12 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	4 000	29 000	159 000
Other Income	0	0	0	0
Revenue	4 000	4 000	29 000	159 000
Cost of Goods Sold	−1 000	2 000	8 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	2 000	27 000	157 000
Operating Profit	4 000	2 000	2 000	2 000
Financial Income	1 000	6 000	0	0
Financial Costs	0	0	0	3 000
Financial Balance	1 000	6 000	0	−3 000
Dividends	0	0	0	0
Net Income	4 000	7 000	2 000	−1 000

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	20 000	20 000	10 000	0
Total Fixed Assets	20 000	20 000	10 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	9 000	12 000
Total Current Assets	1 000	1 000	9 000	12 000
Total Assets	21 000	21 000	19 000	12 000
Total Equity	6 000	2 000	0	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	18 000	17 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	1 000	1 000	0
Total Current Debt	15 000	19 000	19 000	0
Total Equity and Debt	21 000	21 000	19 000	12 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,67 %	350 %	-	−8,33 %
Debt-to-Equity Ratio	0	0	-	0
Operating Profit Margin	100 %	50 %	6,9 %	1,26 %
Current Ratio	0,07	0,05	0,47	-
Quick Ratio	0,07	0,05	0,47	-
Equity Ratio	0,29	0,1	0	1
Gross Profit Margin	125 %	50 %	72,41 %	100 %