CORE BALANCE AS

0356 OSLO

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

3,42

Debt-to-Equity Ratio

−1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 258 000	2 390 000	2 845 000
Net Income	−81 000	−601 000	−295 000	−528 000
Total Assets	413 000	569 000	1 123 000	1 396 000
Total Equity	−405 000	−324 000	277 000	−2 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 258 000	2 390 000	2 845 000
Expenditure	1 764 000	1 858 000	2 680 000	3 369 000
Operating Profit	−80 000	−600 000	−290 000	−524 000
Financial Income	0	2 000	2 000	0
Financial Costs	2 000	3 000	7 000	4 000
Financial Balance	−2 000	−1 000	−5 000	−4 000
Earnings Before Tax	−81 000	−601 000	−295 000	−528 000
Tax	0	0	0	0
Net Income	−81 000	−601 000	−295 000	−528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	357 000	749 000	1 037 000
Total Current Assets	332 000	212 000	374 000	359 000
Total Assets	413 000	569 000	1 123 000	1 396 000
Total Retained Equity	−3 735 000	−3 654 000	−3 053 000	−2 758 000
Total Equity	−405 000	−324 000	277 000	−2 728 000
Total Long-Term Debt	721 000	723 000	700 000	4 011 000
Total Current Debt	97 000	170 000	146 000	112 000
Total Equity and Debt	413 000	569 000	1 123 000	1 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 667 000	1 265 000	2 379 000	2 845 000
Other Income	17 000	−7 000	11 000	0
Revenue	1 684 000	1 258 000	2 390 000	2 845 000
Cost of Goods Sold	561 000	339 000	825 000	1 467 000
Salary Costs	122 000	287 000	376 000	169 000
Depreciation	277 000	434 000	426 000	398 000
Impairment	0	0	0	0
Expenditure	1 764 000	1 858 000	2 680 000	3 369 000
Operating Profit	−80 000	−600 000	−290 000	−524 000
Financial Income	0	2 000	2 000	0
Financial Costs	2 000	3 000	7 000	4 000
Financial Balance	−2 000	−1 000	−5 000	−4 000
Dividends	0	0	0	0
Net Income	−81 000	−601 000	−295 000	−528 000

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	81 000	357 000	749 000	1 037 000
Total Tangible Assets	81 000	357 000	749 000	1 037 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	357 000	749 000	1 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	216 000	159 000	237 000	357 000
Total Current Assets	332 000	212 000	374 000	359 000
Total Assets	413 000	569 000	1 123 000	1 396 000
Total Equity	−405 000	−324 000	277 000	−2 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	721 000	723 000	700 000	4 011 000
Creditors	53 000	105 000	75 000	92 000
Unpaid Taxes	17 000	23 000	28 000	9 000
Dividends	0	0	0	0
Other Current Debt	27 000	42 000	44 000	12 000
Total Current Debt	97 000	170 000	146 000	112 000
Total Equity and Debt	413 000	569 000	1 123 000	1 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	185,49 %	−106,5 %	19,35 %
Debt-to-Equity Ratio	−1,78	−2,23	2,53	−1,47
Operating Profit Margin	−4,75 %	−47,69 %	−12,13 %	−18,42 %
Current Ratio	3,42	1,25	2,56	3,21
Quick Ratio	3,42	1,25	2,56	3,21
Equity Ratio	−0,98	−0,57	0,25	−1,95
Gross Profit Margin	66,69 %	73,05 %	65,48 %	48,44 %