FUTURE READY AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−733,45 %

Current Ratio

0,48

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	1 079 000	1 307 000	100 000
Net Income	−4 100 000	−1 226 000	−224 000	−30 000
Total Assets	2 653 000	1 127 000	2 280 000	534 000
Total Equity	559 000	−177 000	1 049 000	−227 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	1 079 000	1 307 000	100 000
Expenditure	4 609 000	2 300 000	1 528 000	130 000
Operating Profit	−4 058 000	−1 221 000	−221 000	−30 000
Financial Income	0	0	0	0
Financial Costs	42 000	5 000	4 000	0
Financial Balance	−42 000	−5 000	−4 000	0
Earnings Before Tax	−4 100 000	−1 226 000	−224 000	−30 000
Tax	0	0	0	0
Net Income	−4 100 000	−1 226 000	−224 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 366 000	1 074 000	877 000	496 000
Total Current Assets	287 000	53 000	1 403 000	38 000
Total Assets	2 653 000	1 127 000	2 280 000	534 000
Total Retained Equity	−5 583 000	−1 483 000	−257 000	−257 000
Total Equity	559 000	−177 000	1 049 000	−227 000
Total Long-Term Debt	1 500 000	1 039 000	804 000	754 000
Total Current Debt	594 000	266 000	427 000	7 000
Total Equity and Debt	2 653 000	1 127 000	2 280 000	534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 000	154 000	100 000	0
Other Income	332 000	925 000	1 207 000	100 000
Revenue	552 000	1 079 000	1 307 000	100 000
Cost of Goods Sold	120 000	42 000	160 000	0
Salary Costs	3 199 000	1 785 000	954 000	0
Depreciation	514 000	261 000	163 000	0
Impairment	0	0	0	0
Expenditure	4 609 000	2 300 000	1 528 000	130 000
Operating Profit	−4 058 000	−1 221 000	−221 000	−30 000
Financial Income	0	0	0	0
Financial Costs	42 000	5 000	4 000	0
Financial Balance	−42 000	−5 000	−4 000	0
Dividends	0	0	0	0
Net Income	−4 100 000	−1 226 000	−224 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 341 000	1 074 000	877 000	496 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 366 000	1 074 000	877 000	496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	39 000	1 354 000	38 000
Total Current Assets	287 000	53 000	1 403 000	38 000
Total Assets	2 653 000	1 127 000	2 280 000	534 000
Total Equity	559 000	−177 000	1 049 000	−227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 039 000	804 000	754 000
Creditors	28 000	4 000	215 000	6 000
Unpaid Taxes	233 000	101 000	126 000	0
Dividends	0	0	0	0
Other Current Debt	333 000	161 000	86 000	0
Total Current Debt	594 000	266 000	427 000	7 000
Total Equity and Debt	2 653 000	1 127 000	2 280 000	534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−733,45 %	692,66 %	−21,35 %	13,22 %
Debt-to-Equity Ratio	2,68	−5,87	0,77	−3,32
Operating Profit Margin	−735,14 %	−113,16 %	−16,91 %	−30 %
Current Ratio	0,48	0,2	3,29	5,43
Quick Ratio	0,48	0,2	3,29	5,43
Equity Ratio	0,21	−0,16	0,46	−0,43
Gross Profit Margin	78,26 %	96,11 %	87,76 %	100 %