PEACEPAINTING CENTER AS

7980 TERRÅK

Finances

Share Ownership

Return on Equity

24,9 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 000	0	0	0
Net Income	−64 000	−226 000	−183 000	−63 000
Total Assets	48 000	672 000	383 000	277 000
Total Equity	−257 000	−194 000	−218 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 000	0	0	0
Expenditure	123 000	218 000	183 000	63 000
Operating Profit	−53 000	−218 000	−182 000	−63 000
Financial Income	0	0	0	0
Financial Costs	10 000	8 000	0	0
Financial Balance	−10 000	−8 000	0	0
Earnings Before Tax	−64 000	−226 000	−183 000	−63 000
Tax	0	0	0	0
Net Income	−64 000	−226 000	−183 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	198 000	154 000	153 000
Total Current Assets	13 000	474 000	229 000	124 000
Total Assets	48 000	672 000	383 000	277 000
Total Retained Equity	−537 000	−474 000	−248 000	−65 000
Total Equity	−257 000	−194 000	−218 000	−35 000
Total Long-Term Debt	105 000	105 000	0	0
Total Current Debt	200 000	761 000	601 000	312 000
Total Equity and Debt	48 000	672 000	383 000	277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	0	0	0
Other Income	0	0	0	0
Revenue	70 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	1 000	0
Impairment	0	0	0	0
Expenditure	123 000	218 000	183 000	63 000
Operating Profit	−53 000	−218 000	−182 000	−63 000
Financial Income	0	0	0	0
Financial Costs	10 000	8 000	0	0
Financial Balance	−10 000	−8 000	0	0
Dividends	0	0	0	0
Net Income	−64 000	−226 000	−183 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	27 000	37 000	0
Real Eastate	17 000	171 000	118 000	153 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 000	171 000	118 000	153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	198 000	154 000	153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	191 000	3 000	82 000
Total Current Assets	13 000	474 000	229 000	124 000
Total Assets	48 000	672 000	383 000	277 000
Total Equity	−257 000	−194 000	−218 000	−35 000
Short-Term Group Debt	174 000	105 000	262 000	250 000
Total Long-Term Debt	105 000	105 000	0	0
Creditors	22 000	188 000	309 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	12 000	31 000	58 000
Total Current Debt	200 000	761 000	601 000	312 000
Total Equity and Debt	48 000	672 000	383 000	277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,9 %	116,49 %	83,94 %	180 %
Debt-to-Equity Ratio	−0,41	−0,54	−0	−0
Operating Profit Margin	−75,71 %	-	-	-
Current Ratio	0,07	0,62	0,38	0,4
Quick Ratio	0,07	0,62	0,38	0,4
Equity Ratio	−5,35	−0,29	−0,57	−0,13
Gross Profit Margin	100 %	-	-	-