HANDMADE IN NORWAY AS

1164 OSLO

Finances

Share Ownership

Return on Equity

58,75 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 000	342 000	69 000	138 000
Net Income	−47 000	68 000	−30 000	−30 000
Total Assets	85 000	185 000	46 000	49 000
Total Equity	−80 000	−33 000	−101 000	−71 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 000	342 000	69 000	138 000
Expenditure	231 000	264 000	99 000	169 000
Operating Profit	−46 000	78 000	−30 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−47 000	78 000	−30 000	−31 000
Tax	0	10 000	0	0
Net Income	−47 000	68 000	−30 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	18 000	0	0
Total Current Assets	74 000	168 000	46 000	49 000
Total Assets	85 000	185 000	46 000	49 000
Total Retained Equity	−110 000	−58 000	−126 000	−96 000
Total Equity	−80 000	−33 000	−101 000	−71 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	165 000	219 000	147 000	121 000
Total Equity and Debt	85 000	185 000	46 000	49 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 000	271 000	69 000	135 000
Other Income	0	71 000	0	3 000
Revenue	184 000	342 000	69 000	138 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	17 000	121 000	0	47 000
Depreciation	7 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	231 000	264 000	99 000	169 000
Operating Profit	−46 000	78 000	−30 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−47 000	68 000	−30 000	−30 000

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	11 000	18 000	0	0
Total Tangible Assets	11 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	18 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	156 000	41 000	45 000
Total Current Assets	74 000	168 000	46 000	49 000
Total Assets	85 000	185 000	46 000	49 000
Total Equity	−80 000	−33 000	−101 000	−71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	5 000	5 000	2 000
Unpaid Taxes	4 000	51 000	3 000	2 000
Dividends	0	0	0	0
Other Current Debt	154 000	153 000	140 000	111 000
Total Current Debt	165 000	219 000	147 000	121 000
Total Equity and Debt	85 000	185 000	46 000	49 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,75 %	−206,06 %	29,7 %	42,25 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−25 %	22,81 %	−43,48 %	−22,46 %
Current Ratio	0,45	0,77	0,31	0,4
Quick Ratio	0,45	0,77	0,31	0,4
Equity Ratio	−0,94	−0,18	−2,2	−1,45
Gross Profit Margin	99,46 %	100 %	100 %	100 %