SOURCE SOLUTIONS AS

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

−48,13 %

Current Ratio

64,58

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	311 000	1 042 000	509 000	1 507 000
Net Income	−271 000	308 000	−322 000	−264 000
Total Assets	1 457 000	1 452 000	485 000	109 000
Total Equity	563 000	445 000	136 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	311 000	1 042 000	509 000	1 507 000
Expenditure	610 000	723 000	827 000	1 422 000
Operating Profit	−300 000	319 000	−318 000	85 000
Financial Income	0	0	2 000	0
Financial Costs	82 000	64 000	6 000	0
Financial Balance	−82 000	−64 000	−4 000	0
Earnings Before Tax	−381 000	255 000	−322 000	85 000
Tax	−110 000	−54 000	0	349 000
Net Income	−271 000	308 000	−322 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	682 000	864 000	0	0
Total Current Assets	775 000	588 000	485 000	109 000
Total Assets	1 457 000	1 452 000	485 000	109 000
Total Retained Equity	−201 000	70 000	−238 000	−265 000
Total Equity	563 000	445 000	136 000	109 000
Total Long-Term Debt	882 000	864 000	306 000	0
Total Current Debt	12 000	143 000	42 000	0
Total Equity and Debt	1 457 000	1 452 000	485 000	109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	311 000	692 000	359 000	1 007 000
Other Income	0	350 000	150 000	500 000
Revenue	311 000	1 042 000	509 000	1 507 000
Cost of Goods Sold	0	94 000	97 000	1 397 000
Salary Costs	0	205 000	613 000	0
Depreciation	182 000	45 000	0	0
Impairment	0	0	0	0
Expenditure	610 000	723 000	827 000	1 422 000
Operating Profit	−300 000	319 000	−318 000	85 000
Financial Income	0	0	2 000	0
Financial Costs	82 000	64 000	6 000	0
Financial Balance	−82 000	−64 000	−4 000	0
Dividends	0	0	0	0
Net Income	−271 000	308 000	−322 000	−264 000

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	682 000	864 000	0	0
Total Tangible Assets	682 000	864 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	682 000	864 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	355 000	465 000	73 000
Total Current Assets	775 000	588 000	485 000	109 000
Total Assets	1 457 000	1 452 000	485 000	109 000
Total Equity	563 000	445 000	136 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	882 000	864 000	306 000	0
Creditors	11 000	9 000	3 000	0
Unpaid Taxes	0	167 000	163 000	0
Dividends	0	0	0	0
Other Current Debt	0	21 000	58 000	0
Total Current Debt	12 000	143 000	42 000	0
Total Equity and Debt	1 457 000	1 452 000	485 000	109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,13 %	69,21 %	−236,76 %	−242,2 %
Debt-to-Equity Ratio	1,57	1,94	2,25	0
Operating Profit Margin	−96,46 %	30,61 %	−62,48 %	5,64 %
Current Ratio	64,58	4,11	11,55	-
Quick Ratio	64,58	4,11	11,55	-
Equity Ratio	0,39	0,31	0,28	1
Gross Profit Margin	100 %	90,98 %	80,94 %	7,3 %