AUTHENTIC EUROPE AS

0579 OSLO

Finances

Share Ownership

Return on Equity

−192,46 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	921 000	409 000	3 000	0
Net Income	−2 758 000	−1 189 000	−1 728 000	−1 031 000
Total Assets	4 405 000	1 462 000	3 512 000	1 749 000
Total Equity	1 433 000	112 000	120 000	120 000

Income (NOK)	2022	2021	2020	2019
Revenue	921 000	409 000	3 000	0
Expenditure	3 677 000	1 679 000	1 624 000	1 322 000
Operating Profit	−2 757 000	−1 271 000	−1 621 000	−1 322 000
Financial Income	30 000	66 000	0	0
Financial Costs	31 000	3 000	140 000	0
Financial Balance	−1 000	63 000	−140 000	0
Earnings Before Tax	−2 758 000	−1 208 000	−1 762 000	−1 322 000
Tax	0	−18 000	−34 000	−291 000
Net Income	−2 758 000	−1 189 000	−1 728 000	−1 031 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 405 000	1 462 000	3 512 000	1 749 000
Total Assets	4 405 000	1 462 000	3 512 000	1 749 000
Total Retained Equity	−5 556 000	−2 798 000	−1 608 000	0
Total Equity	1 433 000	112 000	120 000	120 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 972 000	1 350 000	3 392 000	1 629 000
Total Equity and Debt	4 405 000	1 462 000	3 512 000	1 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	864 000	0	3 000	0
Other Income	57 000	409 000	0	0
Revenue	921 000	409 000	3 000	0
Cost of Goods Sold	696 000	0	0	0
Salary Costs	792 000	584 000	270 000	206 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 677 000	1 679 000	1 624 000	1 322 000
Operating Profit	−2 757 000	−1 271 000	−1 621 000	−1 322 000
Financial Income	30 000	66 000	0	0
Financial Costs	31 000	3 000	140 000	0
Financial Balance	−1 000	63 000	−140 000	0
Dividends	0	0	0	0
Net Income	−2 758 000	−1 189 000	−1 728 000	−1 031 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	272 000	242 000	173 000	128 000
Total Current Assets	4 405 000	1 462 000	3 512 000	1 749 000
Total Assets	4 405 000	1 462 000	3 512 000	1 749 000
Total Equity	1 433 000	112 000	120 000	120 000
Short-Term Group Debt	2 656 000	1 244 000	3 255 000	1 464 000
Total Long-Term Debt	0	0	0	0
Creditors	64 000	5 000	106 000	165 000
Unpaid Taxes	52 000	36 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	200 000	65 000	23 000	0
Total Current Debt	2 972 000	1 350 000	3 392 000	1 629 000
Total Equity and Debt	4 405 000	1 462 000	3 512 000	1 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−192,46 %	−1 061,61 %	−1 440 %	−859,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−299,35 %	−310,76 %	−54 033,33 %	-
Current Ratio	1,48	1,08	1,04	1,07
Quick Ratio	1,48	1,08	1,04	1,07
Equity Ratio	0,33	0,08	0,03	0,07
Gross Profit Margin	24,43 %	100 %	100 %	-