WASTEFRONT AS

0167 OSLO

Finances

Share Ownership

Return on Equity

−7 963,3 %

Current Ratio

2,7

Debt-to-Equity Ratio

100,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 360 000	1 358 000	835 000	0
Net Income	−32 331 000	−47 735 000	−16 502 000	−1 859 000
Total Assets	46 716 000	36 925 000	16 243 000	2 685 000
Total Equity	406 000	32 618 000	13 119 000	521 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 360 000	1 358 000	835 000	0
Expenditure	31 697 000	51 485 000	16 883 000	1 852 000
Operating Profit	−28 337 000	−50 127 000	−16 048 000	−1 852 000
Financial Income	2 930 000	7 122 000	65 000	1 000
Financial Costs	6 924 000	4 730 000	520 000	8 000
Financial Balance	−3 994 000	2 392 000	−455 000	−7 000
Earnings Before Tax	−32 331 000	−47 735 000	−16 502 000	−1 859 000
Tax	0	0	0	0
Net Income	−32 331 000	−47 735 000	−16 502 000	−1 859 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 660 000	423 000	1 000	0
Total Current Assets	15 056 000	36 502 000	16 242 000	2 685 000
Total Assets	46 716 000	36 925 000	16 243 000	2 685 000
Total Retained Equity	−98 355 000	−66 144 000	−18 361 000	−1 859 000
Total Equity	406 000	32 618 000	13 119 000	521 000
Total Long-Term Debt	40 729 000	2 400 000	2 400 000	1 500 000
Total Current Debt	5 582 000	1 907 000	723 000	665 000
Total Equity and Debt	46 717 000	36 925 000	16 243 000	2 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 017 000	735 000	0
Other Income	3 360 000	341 000	100 000	0
Revenue	3 360 000	1 358 000	835 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	11 882 000	2 937 000	231 000	0
Depreciation	404 000	0	0	0
Impairment	0	0	0	0
Expenditure	31 697 000	51 485 000	16 883 000	1 852 000
Operating Profit	−28 337 000	−50 127 000	−16 048 000	−1 852 000
Financial Income	2 930 000	7 122 000	65 000	1 000
Financial Costs	6 924 000	4 730 000	520 000	8 000
Financial Balance	−3 994 000	2 392 000	−455 000	−7 000
Dividends	0	0	0	0
Net Income	−32 331 000	−47 735 000	−16 502 000	−1 859 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 615 000	0	0	0
Machinery and Plant Facilities	45 000	423 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	31 660 000	423 000	0	0
Total Fiancial Fixed Assets	0	0	1 000	0
Total Fixed Assets	31 660 000	423 000	1 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 324 000	36 373 000	11 996 000	2 546 000
Total Current Assets	15 056 000	36 502 000	16 242 000	2 685 000
Total Assets	46 716 000	36 925 000	16 243 000	2 685 000
Total Equity	406 000	32 618 000	13 119 000	521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 729 000	2 400 000	2 400 000	1 500 000
Creditors	4 579 000	1 294 000	442 000	648 000
Unpaid Taxes	568 000	269 000	281 000	0
Dividends	0	0	0	0
Other Current Debt	435 000	344 000	0	17 000
Total Current Debt	5 582 000	1 907 000	723 000	665 000
Total Equity and Debt	46 717 000	36 925 000	16 243 000	2 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7 963,3 %	−146,35 %	−125,79 %	−356,81 %
Debt-to-Equity Ratio	100,32	0,07	0,18	2,88
Operating Profit Margin	−843,36 %	−3 691,24 %	−1 921,92 %	-
Current Ratio	2,7	19,14	22,46	4,04
Quick Ratio	2,7	19,14	22,46	4,04
Equity Ratio	0,01	0,88	0,81	0,19
Gross Profit Margin	100 %	100 %	100 %	-