MARIES SALONG PICASSO AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−0,69 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020
Revenue	1 251 000	1 529 000	1 267 000
Net Income	−2 000	−14 000	−55 000
Total Assets	571 000	550 000	503 000
Total Equity	290 000	−74 000	−60 000

Income (NOK)	2022	2021	2020
Revenue	1 251 000	1 529 000	1 267 000
Expenditure	1 248 000	1 537 000	1 318 000
Operating Profit	2 000	−7 000	−51 000
Financial Income	0	0	0
Financial Costs	4 000	7 000	4 000
Financial Balance	−4 000	−7 000	−4 000
Earnings Before Tax	−2 000	−14 000	−55 000
Tax	0	0	0
Net Income	−2 000	−14 000	−55 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	270 000	270 000	270 000
Total Current Assets	302 000	280 000	233 000
Total Assets	571 000	550 000	503 000
Total Retained Equity	−100 000	−99 000	−84 000
Total Equity	290 000	−74 000	−60 000
Total Long-Term Debt	117 000	447 000	347 000
Total Current Debt	164 000	177 000	215 000
Total Equity and Debt	571 000	550 000	503 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 090 000	1 176 000	1 202 000
Other Income	161 000	353 000	65 000
Revenue	1 251 000	1 529 000	1 267 000
Cost of Goods Sold	154 000	226 000	211 000
Salary Costs	823 000	925 000	715 000
Depreciation	0	0	70 000
Impairment	0	0	0
Expenditure	1 248 000	1 537 000	1 318 000
Operating Profit	2 000	−7 000	−51 000
Financial Income	0	0	0
Financial Costs	4 000	7 000	4 000
Financial Balance	−4 000	−7 000	−4 000
Dividends	0	0	0
Net Income	−2 000	−14 000	−55 000

Balance details (NOK)	2022	2021	2020
Goodwill	195 000	195 000	195 000
Total Intangible Assets	195 000	195 000	195 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	74 000	74 000	74 000
Total Tangible Assets	74 000	74 000	74 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	270 000	270 000	270 000
Stock	138 000	128 000	77 000
Total Investments	0	0	0
Cash, Bank	164 000	152 000	148 000
Total Current Assets	302 000	280 000	233 000
Total Assets	571 000	550 000	503 000
Total Equity	290 000	−74 000	−60 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	117 000	447 000	347 000
Creditors	9 000	7 000	21 000
Unpaid Taxes	84 000	95 000	55 000
Dividends	0	0	0
Other Current Debt	71 000	75 000	140 000
Total Current Debt	164 000	177 000	215 000
Total Equity and Debt	571 000	550 000	503 000

Financial indicators	2022	2021	2020
Return on Equity	−0,69 %	18,92 %	91,67 %
Debt-to-Equity Ratio	0,4	−6,04	−5,78
Operating Profit Margin	0,16 %	−0,46 %	−4,03 %
Current Ratio	1,84	1,58	1,08
Quick Ratio	11,62	5,71	1,69
Equity Ratio	0,51	−0,13	−0,12
Gross Profit Margin	87,69 %	85,22 %	83,35 %