EXPRESS1 AS

9308 FINNSNES

Finances

Share Ownership

Return on Equity

79,67 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	612 000	995 000	438 000	192 000
Net Income	−239 000	−97 000	−37 000	67 000
Total Assets	93 000	617 000	733 000	340 000
Total Equity	−300 000	−61 000	36 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	612 000	995 000	438 000	192 000
Expenditure	851 000	1 104 000	458 000	102 000
Operating Profit	−239 000	−109 000	−20 000	90 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	16 000	27 000	9 000
Financial Balance	−6 000	−16 000	−26 000	−9 000
Earnings Before Tax	−245 000	−125 000	−47 000	81 000
Tax	−6 000	−27 000	−10 000	14 000
Net Income	−239 000	−97 000	−37 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	421 000	481 000	54 000
Total Current Assets	15 000	196 000	252 000	285 000
Total Assets	93 000	617 000	733 000	340 000
Total Retained Equity	−330 000	−91 000	6 000	43 000
Total Equity	−300 000	−61 000	36 000	73 000
Total Long-Term Debt	0	460 000	559 000	163 000
Total Current Debt	393 000	219 000	139 000	104 000
Total Equity and Debt	93 000	617 000	733 000	340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	520 000	995 000	478 000	133 000
Other Income	91 000	0	−40 000	59 000
Revenue	612 000	995 000	438 000	192 000
Cost of Goods Sold	10 000	42 000	0	0
Salary Costs	436 000	463 000	104 000	7 000
Depreciation	18 000	111 000	37 000	14 000
Impairment	0	0	0	0
Expenditure	851 000	1 104 000	458 000	102 000
Operating Profit	−239 000	−109 000	−20 000	90 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	16 000	27 000	9 000
Financial Balance	−6 000	−16 000	−26 000	−9 000
Dividends	0	0	0	0
Net Income	−239 000	−97 000	−37 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	27 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	15 000	393 000	481 000	54 000
Total Tangible Assets	44 000	393 000	481 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	78 000	421 000	481 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	117 000	136 000	287 000
Total Current Assets	15 000	196 000	252 000	285 000
Total Assets	93 000	617 000	733 000	340 000
Total Equity	−300 000	−61 000	36 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	460 000	559 000	163 000
Creditors	209 000	54 000	68 000	2 000
Unpaid Taxes	−2 000	84 000	4 000	51 000
Dividends	0	0	0	0
Other Current Debt	54 000	80 000	67 000	51 000
Total Current Debt	393 000	219 000	139 000	104 000
Total Equity and Debt	93 000	617 000	733 000	340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,67 %	159,02 %	−102,78 %	91,78 %
Debt-to-Equity Ratio	−0	−7,54	15,53	2,23
Operating Profit Margin	−39,05 %	−10,95 %	−4,57 %	46,88 %
Current Ratio	0,04	0,89	1,81	2,74
Quick Ratio	0,04	0,89	1,81	2,74
Equity Ratio	−3,23	−0,1	0,05	0,21
Gross Profit Margin	98,37 %	95,78 %	100 %	100 %