BETTER LIVING PROJECTS AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

23,76 %

Current Ratio

−4,24

Debt-to-Equity Ratio

−2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	131 000	81 000	969 000
Net Income	−43 000	12 000	−134 000	5 000
Total Assets	178 000	229 000	306 000	122 000
Total Equity	−181 000	−171 000	−183 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	131 000	81 000	969 000
Expenditure	54 000	119 000	193 000	962 000
Operating Profit	−43 000	12 000	−89 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−43 000	12 000	−89 000	14 000
Tax	0	0	45 000	9 000
Net Income	−43 000	12 000	−134 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	178 000	229 000	306 000	122 000
Total Assets	178 000	229 000	306 000	122 000
Total Retained Equity	−211 000	−201 000	−213 000	−9 000
Total Equity	−181 000	−171 000	−183 000	21 000
Total Long-Term Debt	400 000	400 000	400 000	0
Total Current Debt	−42 000	0	89 000	101 000
Total Equity and Debt	178 000	229 000	306 000	122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	131 000	47 000	386 000
Other Income	0	0	34 000	583 000
Revenue	11 000	131 000	81 000	969 000
Cost of Goods Sold	29 000	18 000	112 000	395 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	54 000	119 000	193 000	962 000
Operating Profit	−43 000	12 000	−89 000	14 000
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	−43 000	12 000	−134 000	5 000

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	29 000	29 000	7 000
Total Investments	0	0	0	0
Cash, Bank	178 000	200 000	277 000	50 000
Total Current Assets	178 000	229 000	306 000	122 000
Total Assets	178 000	229 000	306 000	122 000
Total Equity	−181 000	−171 000	−183 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	400 000	400 000	0
Creditors	0	−7 000	4 000	25 000
Unpaid Taxes	2 000	9 000	0	16 000
Dividends	0	0	0	0
Other Current Debt	−44 000	−2 000	85 000	51 000
Total Current Debt	−42 000	0	89 000	101 000
Total Equity and Debt	178 000	229 000	306 000	122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,76 %	−7,02 %	73,22 %	23,81 %
Debt-to-Equity Ratio	−2,21	−2,34	−2,19	0
Operating Profit Margin	−390,91 %	9,16 %	−109,88 %	1,44 %
Current Ratio	−4,24	-	3,44	1,21
Quick Ratio	−4,24	−7,9	5,1	1,3
Equity Ratio	−1,02	−0,75	−0,6	0,17
Gross Profit Margin	−163,64 %	86,26 %	−38,27 %	59,24 %