BALLONGTWIST AS

6200 STRANDA

Finances

Share Ownership

Return on Equity

1,71 %

Current Ratio

8,29

Debt-to-Equity Ratio

−1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 000	11 000	64 000	142 000
Net Income	−2 000	−6 000	−16 000	−34 000
Total Assets	58 000	54 000	73 000	82 000
Total Equity	−117 000	−115 000	−92 000	−76 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 000	11 000	64 000	142 000
Expenditure	21 000	17 000	80 000	176 000
Operating Profit	−2 000	−6 000	−16 000	−34 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−2 000	−6 000	−16 000	−34 000
Tax	0	0	0	0
Net Income	−2 000	−6 000	−16 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	58 000	54 000	73 000	82 000
Total Assets	58 000	54 000	73 000	82 000
Total Retained Equity	−154 000	−145 000	−122 000	−113 000
Total Equity	−117 000	−115 000	−92 000	−76 000
Total Long-Term Debt	168 000	169 000	165 000	0
Total Current Debt	7 000	0	0	158 000
Total Equity and Debt	58 000	54 000	73 000	82 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	11 000	64 000	142 000
Other Income	0	0	0	0
Revenue	19 000	11 000	64 000	142 000
Cost of Goods Sold	8 000	9 000	33 000	49 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	17 000	80 000	176 000
Operating Profit	−2 000	−6 000	−16 000	−34 000
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	−2 000	−6 000	−16 000	−34 000

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	54 000	52 000	72 000	66 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	1 000	16 000
Total Current Assets	58 000	54 000	73 000	82 000
Total Assets	58 000	54 000	73 000	82 000
Total Equity	−117 000	−115 000	−92 000	−76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	168 000	169 000	165 000	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	158 000
Total Current Debt	7 000	0	0	158 000
Total Equity and Debt	58 000	54 000	73 000	82 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,71 %	5,22 %	17,39 %	44,74 %
Debt-to-Equity Ratio	−1,44	−1,47	−1,79	−0
Operating Profit Margin	−10,53 %	−54,55 %	−25 %	−23,94 %
Current Ratio	8,29	-	-	0,52
Quick Ratio	−1,23	−1,04	−1,01	0,89
Equity Ratio	−2,02	−2,13	−1,26	−0,93
Gross Profit Margin	57,89 %	18,18 %	48,44 %	65,49 %