REN & FIN AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

317,31 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 140 000	2 574 000	734 000	152 000
Net Income	−165 000	39 000	20 000	31 000
Total Assets	779 000	918 000	245 000	63 000
Total Equity	−52 000	117 000	75 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 140 000	2 574 000	734 000	152 000
Expenditure	4 350 000	2 524 000	704 000	121 000
Operating Profit	−210 000	49 000	30 000	31 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	−210 000	49 000	30 000	31 000
Tax	−45 000	11 000	10 000	0
Net Income	−165 000	39 000	20 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	0	0	0
Total Current Assets	676 000	918 000	245 000	63 000
Total Assets	779 000	918 000	245 000	63 000
Total Retained Equity	−82 000	87 000	45 000	24 000
Total Equity	−52 000	117 000	75 000	54 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	831 000	801 000	171 000	9 000
Total Equity and Debt	779 000	918 000	245 000	63 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 140 000	2 572 000	734 000	152 000
Other Income	0	2 000	0	0
Revenue	4 140 000	2 574 000	734 000	152 000
Cost of Goods Sold	24 000	92 000	15 000	6 000
Salary Costs	3 554 000	2 006 000	490 000	41 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 350 000	2 524 000	704 000	121 000
Operating Profit	−210 000	49 000	30 000	31 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	−165 000	39 000	20 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	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	58 000	0	0	0
Total Fixed Assets	103 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	574 000	864 000	146 000	37 000
Total Current Assets	676 000	918 000	245 000	63 000
Total Assets	779 000	918 000	245 000	63 000
Total Equity	−52 000	117 000	75 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−48 000	−7 000	7 000	−2 000
Unpaid Taxes	385 000	371 000	82 000	17 000
Dividends	0	0	0	0
Other Current Debt	494 000	430 000	71 000	−14 000
Total Current Debt	831 000	801 000	171 000	9 000
Total Equity and Debt	779 000	918 000	245 000	63 000

Financial indicators	2022	2021	2020	2019
Return on Equity	317,31 %	33,33 %	26,67 %	57,41 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−5,07 %	1,9 %	4,09 %	20,39 %
Current Ratio	0,81	1,15	1,43	7
Quick Ratio	0,81	1,15	1,43	7
Equity Ratio	−0,07	0,13	0,31	0,86
Gross Profit Margin	99,42 %	96,43 %	97,96 %	96,05 %