REFORM PROJECTS AS

1400 SKI

Finances

Share Ownership

Return on Equity

78,34 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	790 000	1 717 000	1 304 000	103 000
Net Income	264 000	468 000	305 000	−9 000
Total Assets	545 000	814 000	624 000	37 000
Total Equity	337 000	198 000	30 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	790 000	1 717 000	1 304 000	103 000
Expenditure	448 000	1 116 000	917 000	112 000
Operating Profit	341 000	601 000	387 000	−9 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	340 000	600 000	386 000	−9 000
Tax	76 000	132 000	82 000	0
Net Income	264 000	468 000	305 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	545 000	814 000	624 000	37 000
Total Assets	545 000	814 000	624 000	37 000
Total Retained Equity	313 000	174 000	6 000	−9 000
Total Equity	337 000	198 000	30 000	15 000
Total Long-Term Debt	1 000	0	2 000	0
Total Current Debt	207 000	616 000	592 000	21 000
Total Equity and Debt	545 000	814 000	624 000	37 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	790 000	1 717 000	1 304 000	103 000
Other Income	0	0	0	0
Revenue	790 000	1 717 000	1 304 000	103 000
Cost of Goods Sold	36 000	95 000	0	0
Salary Costs	367 000	946 000	818 000	62 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	448 000	1 116 000	917 000	112 000
Operating Profit	341 000	601 000	387 000	−9 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	125 000	300 000	290 000	0
Net Income	264 000	468 000	305 000	−9 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	400 000	125 000	37 000
Total Current Assets	545 000	814 000	624 000	37 000
Total Assets	545 000	814 000	624 000	37 000
Total Equity	337 000	198 000	30 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	2 000	0
Creditors	7 000	−14 000	2 000	6 000
Unpaid Taxes	91 000	107 000	129 000	10 000
Dividends	125 000	300 000	290 000	0
Other Current Debt	34 000	89 000	91 000	6 000
Total Current Debt	207 000	616 000	592 000	21 000
Total Equity and Debt	545 000	814 000	624 000	37 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,34 %	236,36 %	1 016,67 %	−60 %
Debt-to-Equity Ratio	0	0	0,07	0
Operating Profit Margin	43,16 %	35 %	29,68 %	−8,74 %
Current Ratio	2,63	1,32	1,05	1,76
Quick Ratio	2,63	1,32	1,05	1,76
Equity Ratio	0,62	0,24	0,05	0,41
Gross Profit Margin	95,44 %	94,47 %	100 %	100 %