ÅTTE ÅRSTIDER AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

10,13 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 000	83 000	47 000	553 000
Net Income	−16 000	−40 000	−21 000	−110 000
Total Assets	101 000	49 000	69 000	90 000
Total Equity	−158 000	−142 000	−101 000	−80 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 000	83 000	47 000	553 000
Expenditure	314 000	124 000	68 000	662 000
Operating Profit	−16 000	−40 000	−21 000	−110 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−16 000	−40 000	−21 000	−110 000
Tax	0	0	0	0
Net Income	−16 000	−40 000	−21 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	33 000	61 000	49 000
Total Current Assets	67 000	16 000	7 000	41 000
Total Assets	101 000	49 000	69 000	90 000
Total Retained Equity	−188 000	−172 000	−110 000	−110 000
Total Equity	−158 000	−142 000	−101 000	−80 000
Total Long-Term Debt	101 000	102 000	83 000	138 000
Total Current Debt	157 000	89 000	87 000	32 000
Total Equity and Debt	101 000	49 000	69 000	90 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 000	81 000	47 000	553 000
Other Income	0	2 000	0	0
Revenue	298 000	83 000	47 000	553 000
Cost of Goods Sold	111 000	12 000	15 000	178 000
Salary Costs	0	0	−12 000	317 000
Depreciation	10 000	10 000	0	12 000
Impairment	0	0	15 000	0
Expenditure	314 000	124 000	68 000	662 000
Operating Profit	−16 000	−40 000	−21 000	−110 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−16 000	−40 000	−21 000	−110 000

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	41 000	51 000	61 000	49 000
Fixtures	0	0	0	0
Total Tangible Assets	41 000	51 000	61 000	49 000
Total Fiancial Fixed Assets	−7 000	−18 000	0	0
Total Fixed Assets	34 000	33 000	61 000	49 000
Stock	15 000	6 000	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	11 000	7 000	44 000
Total Current Assets	67 000	16 000	7 000	41 000
Total Assets	101 000	49 000	69 000	90 000
Total Equity	−158 000	−142 000	−101 000	−80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 000	102 000	83 000	138 000
Creditors	67 000	3 000	0	0
Unpaid Taxes	0	1 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	88 000	85 000	87 000	28 000
Total Current Debt	157 000	89 000	87 000	32 000
Total Equity and Debt	101 000	49 000	69 000	90 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,13 %	28,17 %	20,79 %	137,5 %
Debt-to-Equity Ratio	−0,64	−0,72	−0,82	−1,73
Operating Profit Margin	−5,37 %	−48,19 %	−44,68 %	−19,89 %
Current Ratio	0,43	0,18	0,08	1,28
Quick Ratio	0,47	0,19	0,08	1,28
Equity Ratio	−1,56	−2,9	−1,46	−0,89
Gross Profit Margin	62,75 %	85,54 %	68,09 %	67,81 %