THE PROJECT GEARBOX AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

29,17 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 172 000	3 296 000	4 060 000	2 448 000
Net Income	14 000	16 000	5 000	−7 000
Total Assets	559 000	284 000	264 000	24 000
Total Equity	48 000	34 000	18 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 172 000	3 296 000	4 060 000	2 448 000
Expenditure	4 154 000	3 280 000	4 055 000	2 454 000
Operating Profit	19 000	16 000	5 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	19 000	16 000	5 000	−7 000
Tax	4 000	0	0	0
Net Income	14 000	16 000	5 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	559 000	284 000	264 000	24 000
Total Assets	559 000	284 000	264 000	24 000
Total Retained Equity	18 000	4 000	−6 000	−11 000
Total Equity	48 000	34 000	18 000	13 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	510 000	250 000	246 000	11 000
Total Equity and Debt	559 000	284 000	264 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 172 000	3 296 000	4 060 000	2 448 000
Other Income	0	0	0	0
Revenue	4 172 000	3 296 000	4 060 000	2 448 000
Cost of Goods Sold	2 775 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 154 000	3 280 000	4 055 000	2 454 000
Operating Profit	19 000	16 000	5 000	−7 000
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	14 000	16 000	5 000	−7 000

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	562 000	37 000	25 000	25 000
Total Current Assets	559 000	284 000	264 000	24 000
Total Assets	559 000	284 000	264 000	24 000
Total Equity	48 000	34 000	18 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	509 000	249 000	243 000	10 000
Unpaid Taxes	1 000	1 000	3 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	510 000	250 000	246 000	11 000
Total Equity and Debt	559 000	284 000	264 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,17 %	47,06 %	27,78 %	−53,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,46 %	0,49 %	0,12 %	−0,29 %
Current Ratio	1,1	1,14	1,07	2,18
Quick Ratio	1,1	1,14	1,07	2,18
Equity Ratio	0,09	0,12	0,07	0,54
Gross Profit Margin	33,49 %	100 %	100 %	100 %