A BITE OF NORWAY AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

23,89 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	112 000	712 000
Net Income	−59 000	−121 000	−119 000	−14 000
Total Assets	188 000	232 000	266 000	371 000
Total Equity	−247 000	−188 000	−67 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	112 000	712 000
Expenditure	53 000	138 000	240 000	707 000
Operating Profit	−53 000	−138 000	−129 000	5 000
Financial Income	0	0	0	0
Financial Costs	23 000	18 000	22 000	24 000
Financial Balance	−23 000	−18 000	−22 000	−24 000
Earnings Before Tax	−76 000	−155 000	−151 000	−19 000
Tax	−17 000	−34 000	−31 000	−4 000
Net Income	−59 000	−121 000	−119 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	210 000	220 000	242 000
Total Current Assets	5 000	22 000	46 000	129 000
Total Assets	188 000	232 000	266 000	371 000
Total Retained Equity	−277 000	−218 000	−97 000	23 000
Total Equity	−247 000	−188 000	−67 000	53 000
Total Long-Term Debt	231 000	279 000	314 000	314 000
Total Current Debt	205 000	141 000	19 000	5 000
Total Equity and Debt	188 000	232 000	266 000	371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	112 000	712 000
Other Income	0	0	0	0
Revenue	0	0	112 000	712 000
Cost of Goods Sold	−10 000	−1 000	75 000	450 000
Salary Costs	0	0	11 000	0
Depreciation	44 000	44 000	44 000	28 000
Impairment	0	0	0	0
Expenditure	53 000	138 000	240 000	707 000
Operating Profit	−53 000	−138 000	−129 000	5 000
Financial Income	0	0	0	0
Financial Costs	23 000	18 000	22 000	24 000
Financial Balance	−23 000	−18 000	−22 000	−24 000
Dividends	0	0	0	0
Net Income	−59 000	−121 000	−119 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	59 000	25 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	151 000	195 000	239 000
Total Tangible Assets	107 000	151 000	195 000	239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	183 000	210 000	220 000	242 000
Stock	0	0	0	3 000
Total Investments	0	0	0	0
Cash, Bank	0	14 000	29 000	107 000
Total Current Assets	5 000	22 000	46 000	129 000
Total Assets	188 000	232 000	266 000	371 000
Total Equity	−247 000	−188 000	−67 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	279 000	314 000	314 000
Creditors	78 000	77 000	15 000	20 000
Unpaid Taxes	0	0	0	−21 000
Dividends	0	0	0	0
Other Current Debt	23 000	7 000	4 000	6 000
Total Current Debt	205 000	141 000	19 000	5 000
Total Equity and Debt	188 000	232 000	266 000	371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,89 %	64,36 %	177,61 %	−26,42 %
Debt-to-Equity Ratio	−0,94	−1,48	−4,69	5,92
Operating Profit Margin	-	-	−115,18 %	0,7 %
Current Ratio	0,02	0,16	2,42	25,8
Quick Ratio	0,02	0,16	2,42	64,5
Equity Ratio	−1,31	−0,81	−0,25	0,14
Gross Profit Margin	-	-	33,04 %	36,8 %