BAGS AS

1383 ASKER

Finances

Share Ownership

Return on Equity

49,5 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	56 000	9 000	0
Net Income	−650 000	−679 000	−650 000	−162 000
Total Assets	133 000	165 000	257 000	176 000
Total Equity	−1 313 000	−662 000	17 000	−67 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	56 000	9 000	0
Expenditure	655 000	733 000	659 000	163 000
Operating Profit	−644 000	−679 000	−651 000	−162 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	−650 000	−679 000	−650 000	−162 000
Tax	0	0	0	0
Net Income	−650 000	−679 000	−650 000	−162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	132 000	234 000	140 000
Total Current Assets	18 000	33 000	23 000	36 000
Total Assets	133 000	165 000	257 000	176 000
Total Retained Equity	−2 142 000	−1 492 000	−812 000	−162 000
Total Equity	−1 313 000	−662 000	17 000	−67 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 446 000	827 000	240 000	243 000
Total Equity and Debt	133 000	165 000	257 000	176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	56 000	9 000	0
Other Income	0	0	0	0
Revenue	12 000	56 000	9 000	0
Cost of Goods Sold	45 000	76 000	3 000	0
Salary Costs	450 000	450 000	455 000	125 000
Depreciation	53 000	52 000	53 000	16 000
Impairment	0	0	0	0
Expenditure	655 000	733 000	659 000	163 000
Operating Profit	−644 000	−679 000	−651 000	−162 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	−650 000	−679 000	−650 000	−162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	103 000	184 000	140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	29 000	50 000	0
Total Tangible Assets	54 000	29 000	50 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	115 000	132 000	234 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	30 000	23 000	36 000
Total Current Assets	18 000	33 000	23 000	36 000
Total Assets	133 000	165 000	257 000	176 000
Total Equity	−1 313 000	−662 000	17 000	−67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	25 000	77 000	0
Unpaid Taxes	26 000	25 000	24 000	30 000
Dividends	0	0	0	0
Other Current Debt	1 412 000	778 000	139 000	213 000
Total Current Debt	1 446 000	827 000	240 000	243 000
Total Equity and Debt	133 000	165 000	257 000	176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,5 %	102,57 %	−3 823,53 %	241,79 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	−5 366,67 %	−1 212,5 %	−7 233,33 %	-
Current Ratio	0,01	0,04	0,1	0,15
Quick Ratio	0,01	0,04	0,1	0,15
Equity Ratio	−9,87	−4,01	0,07	−0,38
Gross Profit Margin	−275 %	−35,71 %	66,67 %	-