FOLLOW AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

−476,67 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 000	4 438 000	3 129 000	1 523 000
Net Income	−143 000	182 000	162 000	−264 000
Total Assets	174 000	411 000	369 000	155 000
Total Equity	30 000	174 000	−8 000	−240 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 000	4 438 000	3 129 000	1 523 000
Expenditure	171 000	4 233 000	2 953 000	1 787 000
Operating Profit	−143 000	205 000	177 000	−264 000
Financial Income	0	0	0	0
Financial Costs	0	0	16 000	0
Financial Balance	0	0	−16 000	0
Earnings Before Tax	−143 000	205 000	162 000	−264 000
Tax	0	23 000	0	0
Net Income	−143 000	182 000	162 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	184 000	96 000	0
Total Current Assets	90 000	228 000	273 000	155 000
Total Assets	174 000	411 000	369 000	155 000
Total Retained Equity	−64 000	79 000	−103 000	−264 000
Total Equity	30 000	174 000	−8 000	−240 000
Total Long-Term Debt	60 000	161 000	314 000	270 000
Total Current Debt	83 000	77 000	63 000	124 000
Total Equity and Debt	174 000	411 000	369 000	155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	4 438 000	3 129 000	1 520 000
Other Income	0	0	0	3 000
Revenue	27 000	4 438 000	3 129 000	1 523 000
Cost of Goods Sold	10 000	1 686 000	1 296 000	848 000
Salary Costs	4 000	5 000	0	676 000
Depreciation	50 000	53 000	17 000	0
Impairment	0	0	0	0
Expenditure	171 000	4 233 000	2 953 000	1 787 000
Operating Profit	−143 000	205 000	177 000	−264 000
Financial Income	0	0	0	0
Financial Costs	0	0	16 000	0
Financial Balance	0	0	−16 000	0
Dividends	0	0	0	0
Net Income	−143 000	182 000	162 000	−264 000

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	84 000	184 000	96 000	0
Fixtures	0	0	0	0
Total Tangible Assets	84 000	184 000	96 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 000	184 000	96 000	0
Stock	2 000	33 000	33 000	0
Total Investments	0	0	0	0
Cash, Bank	60 000	90 000	120 000	7 000
Total Current Assets	90 000	228 000	273 000	155 000
Total Assets	174 000	411 000	369 000	155 000
Total Equity	30 000	174 000	−8 000	−240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	161 000	314 000	270 000
Creditors	17 000	12 000	59 000	48 000
Unpaid Taxes	−1 000	−23 000	0	0
Dividends	0	0	0	0
Other Current Debt	67 000	64 000	4 000	76 000
Total Current Debt	83 000	77 000	63 000	124 000
Total Equity and Debt	174 000	411 000	369 000	155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−476,67 %	104,6 %	−2 025 %	110 %
Debt-to-Equity Ratio	2	0,93	−39,25	−1,13
Operating Profit Margin	−529,63 %	4,62 %	5,66 %	−17,33 %
Current Ratio	1,08	2,96	4,33	1,25
Quick Ratio	1,11	5,18	9,1	1,25
Equity Ratio	0,17	0,42	−0,02	−1,55
Gross Profit Margin	62,96 %	62,01 %	58,58 %	44,32 %