SOARING INVEST AS

2006 LØVENSTAD

Finances

Return on Equity

−20 %

Current Ratio

1,75

Debt-to-Equity Ratio

13,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	0	0	0
Net Income	−3 000	−3 000	−3 000	0
Total Assets	225 000	226 000	225 000	228 000
Total Equity	15 000	18 000	22 000	24 000

Income (NOK)	2022	2021	2020
Revenue	42 000	0	0
Expenditure	45 000	3 000	3 000
Operating Profit	−3 000	−3 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−3 000	−3 000	−3 000
Tax	0	0	0
Net Income	−3 000	−3 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	204 000	204 000	204 000
Total Current Assets	21 000	22 000	22 000	24 000
Total Assets	225 000	226 000	225 000	228 000
Total Retained Equity	−9 000	−6 000	−3 000	0
Total Equity	15 000	18 000	22 000	24 000
Total Long-Term Debt	197 000	207 000	204 000	204 000
Total Current Debt	12 000	0	0	0
Total Equity and Debt	225 000	226 000	225 000	228 000

Cash flow (NOK)	2022	2021	2020
Sales Income	42 000	0	0
Other Income	0	0	0
Revenue	42 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	45 000	3 000	3 000
Operating Profit	−3 000	−3 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−3 000	−3 000	−3 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	204 000	204 000	204 000	204 000
Total Fixed Assets	204 000	204 000	204 000	204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	22 000	22 000	24 000
Total Current Assets	21 000	22 000	22 000	24 000
Total Assets	225 000	226 000	225 000	228 000
Total Equity	15 000	18 000	22 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 000	207 000	204 000	204 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	0	0	0
Total Current Debt	12 000	0	0	0
Total Equity and Debt	225 000	226 000	225 000	228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20 %	−16,67 %	−13,64 %	0 %
Debt-to-Equity Ratio	13,13	11,5	9,27	8,5
Operating Profit Margin	−7,14 %	-	-	-
Current Ratio	1,75	-	-	-
Quick Ratio	1,75	-	-	-
Equity Ratio	0,07	0,08	0,1	0,11
Gross Profit Margin	100 %	-	-	-