COOLWAYS NORGE AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−94,01 %

Current Ratio

0,65

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 089 000	2 323 000	2 510 000	123 000
Net Income	−298 000	220 000	405 000	−43 000
Total Assets	2 120 000	2 390 000	2 311 000	2 364 000
Total Equity	317 000	614 000	394 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 089 000	2 323 000	2 510 000	123 000
Expenditure	1 442 000	1 969 000	1 829 000	123 000
Operating Profit	−353 000	354 000	681 000	−1 000
Financial Income	143 000	19 000	22 000	6 000
Financial Costs	171 000	90 000	185 000	62 000
Financial Balance	−28 000	−71 000	−163 000	−56 000
Earnings Before Tax	−380 000	283 000	519 000	−57 000
Tax	−82 000	62 000	114 000	−14 000
Net Income	−298 000	220 000	405 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 516 000	1 728 000	1 940 000	1 509 000
Total Current Assets	603 000	662 000	372 000	855 000
Total Assets	2 120 000	2 390 000	2 311 000	2 364 000
Total Retained Equity	284 000	582 000	362 000	−43 000
Total Equity	317 000	614 000	394 000	−11 000
Total Long-Term Debt	878 000	1 212 000	1 645 000	2 368 000
Total Current Debt	925 000	564 000	272 000	6 000
Total Equity and Debt	2 120 000	2 390 000	2 311 000	2 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	961 000	1 800 000	2 042 000	123 000
Other Income	127 000	523 000	469 000	0
Revenue	1 089 000	2 323 000	2 510 000	123 000
Cost of Goods Sold	1 052 000	1 639 000	1 580 000	107 000
Salary Costs	0	0	0	0
Depreciation	212 000	212 000	176 000	0
Impairment	0	0	0	0
Expenditure	1 442 000	1 969 000	1 829 000	123 000
Operating Profit	−353 000	354 000	681 000	−1 000
Financial Income	143 000	19 000	22 000	6 000
Financial Costs	171 000	90 000	185 000	62 000
Financial Balance	−28 000	−71 000	−163 000	−56 000
Dividends	0	0	0	0
Net Income	−298 000	220 000	405 000	−43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 516 000	1 728 000	1 940 000	1 495 000
Total Tangible Assets	1 516 000	1 728 000	1 940 000	1 495 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 516 000	1 728 000	1 940 000	1 509 000
Stock	0	25 000	0	96 000
Total Investments	0	0	0	0
Cash, Bank	122 000	9 000	333 000	740 000
Total Current Assets	603 000	662 000	372 000	855 000
Total Assets	2 120 000	2 390 000	2 311 000	2 364 000
Total Equity	317 000	614 000	394 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	878 000	1 212 000	1 645 000	2 368 000
Creditors	750 000	386 000	182 000	6 000
Unpaid Taxes	0	144 000	19 000	0
Dividends	0	0	0	0
Other Current Debt	175 000	0	25 000	1 000
Total Current Debt	925 000	564 000	272 000	6 000
Total Equity and Debt	2 120 000	2 390 000	2 311 000	2 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,01 %	35,83 %	102,79 %	390,91 %
Debt-to-Equity Ratio	2,77	1,97	4,18	−215,27
Operating Profit Margin	−32,42 %	15,24 %	27,13 %	−0,81 %
Current Ratio	0,65	1,17	1,37	142,5
Quick Ratio	0,65	1,23	1,37	−9,5
Equity Ratio	0,15	0,26	0,17	−0
Gross Profit Margin	3,4 %	29,44 %	37,05 %	13,01 %