SWEETGATE NORGE AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

16,94 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 148 000	964 000	540 000	418 000
Net Income	−189 000	−120 000	−277 000	−507 000
Total Assets	450 000	403 000	382 000	546 000
Total Equity	−1 116 000	−927 000	−807 000	−529 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 148 000	964 000	540 000	418 000
Expenditure	1 338 000	1 084 000	818 000	912 000
Operating Profit	−189 000	−120 000	−277 000	−494 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	14 000
Financial Balance	0	0	0	−14 000
Earnings Before Tax	−189 000	−120 000	−277 000	−507 000
Tax	0	0	0	0
Net Income	−189 000	−120 000	−277 000	−507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	145 000	164 000	184 000
Total Current Assets	325 000	258 000	217 000	362 000
Total Assets	450 000	403 000	382 000	546 000
Total Retained Equity	−1 139 000	−950 000	−830 000	−553 000
Total Equity	−1 116 000	−927 000	−807 000	−529 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 566 000	1 330 000	1 189 000	1 075 000
Total Equity and Debt	450 000	403 000	382 000	546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 148 000	964 000	519 000	418 000
Other Income	0	0	22 000	0
Revenue	1 148 000	964 000	540 000	418 000
Cost of Goods Sold	199 000	147 000	129 000	514 000
Salary Costs	492 000	166 000	227 000	7 000
Depreciation	20 000	20 000	20 000	11 000
Impairment	0	0	0	0
Expenditure	1 338 000	1 084 000	818 000	912 000
Operating Profit	−189 000	−120 000	−277 000	−494 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	14 000
Financial Balance	0	0	0	−14 000
Dividends	0	0	0	0
Net Income	−189 000	−120 000	−277 000	−507 000

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	125 000	145 000	164 000	184 000
Total Tangible Assets	125 000	145 000	164 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	145 000	164 000	184 000
Stock	244 000	157 000	123 000	165 000
Total Investments	0	0	0	0
Cash, Bank	80 000	101 000	79 000	148 000
Total Current Assets	325 000	258 000	217 000	362 000
Total Assets	450 000	403 000	382 000	546 000
Total Equity	−1 116 000	−927 000	−807 000	−529 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	117 000	99 000	70 000	33 000
Unpaid Taxes	18 000	21 000	16 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 431 000	1 209 000	1 102 000	1 041 000
Total Current Debt	1 566 000	1 330 000	1 189 000	1 075 000
Total Equity and Debt	450 000	403 000	382 000	546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,94 %	12,94 %	34,32 %	95,84 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−16,46 %	−12,45 %	−51,3 %	−118,18 %
Current Ratio	0,21	0,19	0,18	0,34
Quick Ratio	0,25	0,22	0,2	0,4
Equity Ratio	−2,48	−2,3	−2,11	−0,97
Gross Profit Margin	82,67 %	84,75 %	76,11 %	−22,97 %