BILVASK.NO MYRENE AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

96,59 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	935 000	706 000	459 000	237 000
Net Income	−765 000	−52 000	−311 000	−191 000
Total Assets	1 348 000	251 000	247 000	280 000
Total Equity	−792 000	−27 000	25 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	935 000	706 000	459 000	237 000
Expenditure	1 673 000	757 000	770 000	427 000
Operating Profit	−739 000	−52 000	−311 000	−190 000
Financial Income	0	0	0	0
Financial Costs	26 000	1 000	0	0
Financial Balance	−26 000	−1 000	0	0
Earnings Before Tax	−765 000	−52 000	−311 000	−191 000
Tax	0	0	0	0
Net Income	−765 000	−52 000	−311 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	702 000	67 000	93 000	86 000
Total Current Assets	645 000	184 000	154 000	194 000
Total Assets	1 348 000	251 000	247 000	280 000
Total Retained Equity	−1 319 000	−554 000	−502 000	−191 000
Total Equity	−792 000	−27 000	25 000	−97 000
Total Long-Term Debt	492 000	0	0	0
Total Current Debt	1 648 000	278 000	222 000	378 000
Total Equity and Debt	1 348 000	251 000	247 000	280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	935 000	706 000	459 000	237 000
Other Income	0	0	0	0
Revenue	935 000	706 000	459 000	237 000
Cost of Goods Sold	168 000	82 000	76 000	57 000
Salary Costs	0	0	0	0
Depreciation	133 000	26 000	25 000	10 000
Impairment	0	0	0	0
Expenditure	1 673 000	757 000	770 000	427 000
Operating Profit	−739 000	−52 000	−311 000	−190 000
Financial Income	0	0	0	0
Financial Costs	26 000	1 000	0	0
Financial Balance	−26 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−765 000	−52 000	−311 000	−191 000

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	702 000	67 000	93 000	86 000
Total Tangible Assets	702 000	67 000	93 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	702 000	67 000	93 000	86 000
Stock	46 000	21 000	18 000	27 000
Total Investments	0	0	0	0
Cash, Bank	366 000	73 000	39 000	119 000
Total Current Assets	645 000	184 000	154 000	194 000
Total Assets	1 348 000	251 000	247 000	280 000
Total Equity	−792 000	−27 000	25 000	−97 000
Short-Term Group Debt	975 000	150 000	150 000	301 000
Total Long-Term Debt	492 000	0	0	0
Creditors	359 000	110 000	75 000	83 000
Unpaid Taxes	0	0	−3 000	−6 000
Dividends	0	0	0	0
Other Current Debt	314 000	18 000	0	0
Total Current Debt	1 648 000	278 000	222 000	378 000
Total Equity and Debt	1 348 000	251 000	247 000	280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,59 %	192,59 %	−1 244 %	196,91 %
Debt-to-Equity Ratio	−0,62	−0	0	−0
Operating Profit Margin	−79,04 %	−7,37 %	−67,76 %	−80,17 %
Current Ratio	0,39	0,66	0,69	0,51
Quick Ratio	0,4	0,72	0,75	0,55
Equity Ratio	−0,59	−0,11	0,1	−0,35
Gross Profit Margin	82,03 %	88,39 %	83,44 %	75,95 %