THE EXPORT COMPANY AS

6013 ÅLESUND

Finances

Return on Equity

102,46 %

Current Ratio

0,12

Debt-to-Equity Ratio

−1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 611 000	9 628 000	4 228 000	3 997 000
Net Income	−1 165 000	−561 000	−264 000	250 000
Total Assets	1 101 000	4 314 000	5 214 000	552 000
Total Equity	−1 137 000	28 000	589 000	421 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 611 000	9 628 000	4 228 000	3 997 000
Expenditure	2 529 000	10 521 000	4 605 000	3 668 000
Operating Profit	−918 000	−893 000	−376 000	329 000
Financial Income	33 000	359 000	114 000	112 000
Financial Costs	65 000	180 000	64 000	119 000
Financial Balance	−32 000	179 000	50 000	−7 000
Earnings Before Tax	−950 000	−715 000	−326 000	321 000
Tax	215 000	−153 000	−62 000	72 000
Net Income	−1 165 000	−561 000	−264 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 067 000	215 000	61 000	0
Total Current Assets	33 000	4 099 000	5 153 000	552 000
Total Assets	1 101 000	4 314 000	5 214 000	552 000
Total Retained Equity	−1 767 000	−602 000	−41 000	224 000
Total Equity	−1 137 000	28 000	589 000	421 000
Total Long-Term Debt	1 973 000	0	0	0
Total Current Debt	265 000	4 285 000	4 625 000	130 000
Total Equity and Debt	1 101 000	4 314 000	5 214 000	552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 611 000	9 628 000	4 228 000	3 964 000
Other Income	0	0	0	33 000
Revenue	1 611 000	9 628 000	4 228 000	3 997 000
Cost of Goods Sold	1 127 000	9 235 000	4 017 000	3 122 000
Salary Costs	71 000	304 000	58 000	28 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 529 000	10 521 000	4 605 000	3 668 000
Operating Profit	−918 000	−893 000	−376 000	329 000
Financial Income	33 000	359 000	114 000	112 000
Financial Costs	65 000	180 000	64 000	119 000
Financial Balance	−32 000	179 000	50 000	−7 000
Dividends	0	0	0	0
Net Income	−1 165 000	−561 000	−264 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	215 000	61 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	1 051 000	0	0	0
Total Fixed Assets	1 067 000	215 000	61 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	335 000	1 182 000	387 000
Total Current Assets	33 000	4 099 000	5 153 000	552 000
Total Assets	1 101 000	4 314 000	5 214 000	552 000
Total Equity	−1 137 000	28 000	589 000	421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 973 000	0	0	0
Creditors	3 000	15 000	136 000	31 000
Unpaid Taxes	0	31 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	262 000	4 239 000	4 488 000	32 000
Total Current Debt	265 000	4 285 000	4 625 000	130 000
Total Equity and Debt	1 101 000	4 314 000	5 214 000	552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,46 %	−2 003,57 %	−44,82 %	59,38 %
Debt-to-Equity Ratio	−1,74	0	0	0
Operating Profit Margin	−56,98 %	−9,28 %	−8,89 %	8,23 %
Current Ratio	0,12	0,96	1,11	4,25
Quick Ratio	0,12	0,96	1,11	4,25
Equity Ratio	−1,03	0,01	0,11	0,76
Gross Profit Margin	30,04 %	4,08 %	4,99 %	21,89 %