CHALLENGE ME AS

3262 LARVIK

Finances

Return on Equity

34,38 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	681 000	904 000	396 000	−13 000
Total Assets	7 362 000	6 862 000	5 384 000	0
Total Equity	1 981 000	1 300 000	397 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	25 000	1 000	1 000	0
Operating Profit	−25 000	−1 000	−1 000	0
Financial Income	1 159 000	1 276 000	406 000	0
Financial Costs	204 000	121 000	5 000	0
Financial Balance	955 000	1 155 000	401 000	0
Earnings Before Tax	930 000	1 155 000	401 000	0
Tax	249 000	251 000	4 000	12 000
Net Income	681 000	904 000	396 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 916 000	2 910 000	2 335 000	0
Total Current Assets	4 446 000	3 952 000	3 049 000	0
Total Assets	7 362 000	6 862 000	5 384 000	0
Total Retained Equity	1 951 000	1 270 000	367 000	−30 000
Total Equity	1 981 000	1 300 000	397 000	0
Total Long-Term Debt	0	1 464 000	2 198 000	0
Total Current Debt	5 381 000	4 098 000	2 789 000	0
Total Equity and Debt	7 362 000	6 862 000	5 384 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	1 000	1 000	0
Operating Profit	−25 000	−1 000	−1 000	0
Financial Income	1 159 000	1 276 000	406 000	0
Financial Costs	204 000	121 000	5 000	0
Financial Balance	955 000	1 155 000	401 000	0
Dividends	0	0	0	0
Net Income	681 000	904 000	396 000	−13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 916 000	2 910 000	2 335 000
Total Fixed Assets	2 916 000	2 910 000	2 335 000
Stock	0	0	0
Total Investments	985 000	642 000	896 000
Cash, Bank	22 000	11 000	103 000
Total Current Assets	4 446 000	3 952 000	3 049 000
Total Assets	7 362 000	6 862 000	5 384 000
Total Equity	1 981 000	1 300 000	397 000
Short-Term Group Debt	4 458 000	3 264 000	2 784 000
Total Long-Term Debt	0	1 464 000	2 198 000
Creditors	2 000	2 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	672 000	667 000	1 000
Total Current Debt	5 381 000	4 098 000	2 789 000
Total Equity and Debt	7 362 000	6 862 000	5 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,38 %	69,54 %	99,75 %	-
Debt-to-Equity Ratio	0	1,13	5,54	-
Operating Profit Margin	-	-	-	-
Current Ratio	0,83	0,96	1,09	-
Quick Ratio	0,83	0,96	1,09	-
Equity Ratio	0,27	0,19	0,07	-
Gross Profit Margin	-	-	-	-