NORWAY BIKE EXPERIENCE AS

4055 SOLA

Finances

Share Ownership

Return on Equity

24,95 %

Current Ratio

9,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 000	192 000	100 000	79 000
Net Income	127 000	159 000	34 000	−153 000
Total Assets	558 000	390 000	130 000	148 000
Total Equity	509 000	382 000	23 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 000	192 000	100 000	79 000
Expenditure	98 000	75 000	66 000	230 000
Operating Profit	154 000	117 000	34 000	−151 000
Financial Income	0	43 000	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	43 000	0	−2 000
Earnings Before Tax	154 000	159 000	34 000	−153 000
Tax	27 000	0	0	0
Net Income	127 000	159 000	34 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	25 000	97 000	91 000
Total Current Assets	471 000	364 000	33 000	57 000
Total Assets	558 000	390 000	130 000	148 000
Total Retained Equity	59 000	−68 000	−227 000	−261 000
Total Equity	509 000	382 000	23 000	−11 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 000	8 000	108 000	160 000
Total Equity and Debt	558 000	390 000	130 000	148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 000	42 000	42 000	79 000
Other Income	150 000	150 000	59 000	0
Revenue	253 000	192 000	100 000	79 000
Cost of Goods Sold	1 000	1 000	0	0
Salary Costs	0	0	0	0
Depreciation	63 000	14 000	36 000	102 000
Impairment	0	58 000	0	0
Expenditure	98 000	75 000	66 000	230 000
Operating Profit	154 000	117 000	34 000	−151 000
Financial Income	0	43 000	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	43 000	0	−2 000
Dividends	0	0	0	0
Net Income	127 000	159 000	34 000	−153 000

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	87 000	25 000	97 000	91 000
Total Tangible Assets	87 000	25 000	97 000	91 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	25 000	97 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	417 000	364 000	30 000	41 000
Total Current Assets	471 000	364 000	33 000	57 000
Total Assets	558 000	390 000	130 000	148 000
Total Equity	509 000	382 000	23 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	7 000	45 000	97 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 000	0	63 000	63 000
Total Current Debt	48 000	8 000	108 000	160 000
Total Equity and Debt	558 000	390 000	130 000	148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,95 %	41,62 %	147,83 %	1 390,91 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	60,87 %	60,94 %	34 %	−191,14 %
Current Ratio	9,81	45,5	0,31	0,36
Quick Ratio	9,81	45,5	0,31	0,36
Equity Ratio	0,91	0,98	0,18	−0,07
Gross Profit Margin	99,6 %	99,48 %	100 %	100 %