NCLUDE AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

27,07 %

Current Ratio

5,55

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	417 000	375 000	7 000	2 000
Net Income	−1 279 000	−828 000	−897 000	−918 000
Total Assets	1 621 000	1 142 000	680 000	733 000
Total Equity	−4 724 000	−3 444 000	−2 616 000	−1 719 000

Income (NOK)	2022	2021	2020	2019
Revenue	417 000	375 000	7 000	2 000
Expenditure	1 208 000	842 000	633 000	715 000
Operating Profit	−790 000	−468 000	−626 000	−713 000
Financial Income	0	0	0	9 000
Financial Costs	489 000	361 000	272 000	214 000
Financial Balance	−489 000	−361 000	−272 000	−205 000
Earnings Before Tax	−1 279 000	−828 000	−897 000	−918 000
Tax	0	0	0	0
Net Income	−1 279 000	−828 000	−897 000	−918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	539 000	539 000	539 000	279 000
Total Current Assets	1 082 000	602 000	141 000	453 000
Total Assets	1 621 000	1 142 000	680 000	733 000
Total Retained Equity	−4 748 000	−3 469 000	−2 641 000	−1 743 000
Total Equity	−4 724 000	−3 444 000	−2 616 000	−1 719 000
Total Long-Term Debt	6 149 000	4 395 000	3 055 000	0
Total Current Debt	195 000	191 000	241 000	2 452 000
Total Equity and Debt	1 621 000	1 142 000	680 000	733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	417 000	375 000	7 000	2 000
Other Income	0	0	0	0
Revenue	417 000	375 000	7 000	2 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 066 000	780 000	512 000	439 000
Depreciation	0	0	0	70 000
Impairment	0	0	0	0
Expenditure	1 208 000	842 000	633 000	715 000
Operating Profit	−790 000	−468 000	−626 000	−713 000
Financial Income	0	0	0	9 000
Financial Costs	489 000	361 000	272 000	214 000
Financial Balance	−489 000	−361 000	−272 000	−205 000
Dividends	0	0	0	0
Net Income	−1 279 000	−828 000	−897 000	−918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	539 000	539 000	539 000	279 000
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	539 000	539 000	539 000	279 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	84 000	39 000	92 000
Total Current Assets	1 082 000	602 000	141 000	453 000
Total Assets	1 621 000	1 142 000	680 000	733 000
Total Equity	−4 724 000	−3 444 000	−2 616 000	−1 719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 149 000	4 395 000	3 055 000	0
Creditors	6 000	2 000	200 000	40 000
Unpaid Taxes	76 000	69 000	−27 000	26 000
Dividends	0	0	0	0
Other Current Debt	113 000	120 000	68 000	2 386 000
Total Current Debt	195 000	191 000	241 000	2 452 000
Total Equity and Debt	1 621 000	1 142 000	680 000	733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,07 %	24,04 %	34,29 %	53,4 %
Debt-to-Equity Ratio	−1,3	−1,28	−1,17	−0
Operating Profit Margin	−189,45 %	−124,8 %	−8 942,86 %	−35 650 %
Current Ratio	5,55	3,15	0,59	0,18
Quick Ratio	5,55	3,15	0,59	0,18
Equity Ratio	−2,91	−3,02	−3,85	−2,35
Gross Profit Margin	100 %	100 %	100 %	100 %