EAST AND WEST CORPORATION AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

−262,5 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 998 000	444 000	171 000
Net Income	189 000	−123 000	−72 000
Total Assets	319 000	190 000	34 000
Total Equity	−72 000	−164 000	−41 000

Income (NOK)	2022	2021	2020
Revenue	1 998 000	444 000	171 000
Expenditure	1 807 000	567 000	243 000
Operating Profit	191 000	−123 000	−72 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	189 000	−123 000	−72 000
Tax	0	0	0
Net Income	189 000	−123 000	−72 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	57 000	18 000	18 000
Total Current Assets	263 000	172 000	16 000
Total Assets	319 000	190 000	34 000
Total Retained Equity	−102 000	−194 000	−71 000
Total Equity	−72 000	−164 000	−41 000
Total Long-Term Debt	0	0	0
Total Current Debt	391 000	354 000	75 000
Total Equity and Debt	319 000	190 000	34 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 998 000	444 000	171 000
Other Income	0	0	0
Revenue	1 998 000	444 000	171 000
Cost of Goods Sold	884 000	274 000	101 000
Salary Costs	38 000	0	1 000
Depreciation	5 000	0	0
Impairment	0	0	0
Expenditure	1 807 000	567 000	243 000
Operating Profit	191 000	−123 000	−72 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	189 000	−123 000	−72 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	39 000	0	0
Fixtures	0	0	0
Total Tangible Assets	39 000	0	0
Total Fiancial Fixed Assets	18 000	18 000	18 000
Total Fixed Assets	57 000	18 000	18 000
Stock	18 000	102 000	15 000
Total Investments	0	0	0
Cash, Bank	244 000	70 000	1 000
Total Current Assets	263 000	172 000	16 000
Total Assets	319 000	190 000	34 000
Total Equity	−72 000	−164 000	−41 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	44 000	23 000	40 000
Unpaid Taxes	−32 000	11 000	0
Dividends	0	0	0
Other Current Debt	379 000	320 000	35 000
Total Current Debt	391 000	354 000	75 000
Total Equity and Debt	319 000	190 000	34 000

Financial indicators	2022	2021	2020
Return on Equity	−262,5 %	75 %	175,61 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	9,56 %	−27,7 %	−42,11 %
Current Ratio	0,67	0,49	0,21
Quick Ratio	0,71	0,68	0,27
Equity Ratio	−0,23	−0,86	−1,21
Gross Profit Margin	55,76 %	38,29 %	40,94 %