APPROVED BRANDS AS

1383 ASKER

Finances

Share Ownership

Return on Equity

8,59 %

Current Ratio

4,13

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020
Revenue	499 000	580 000	238 000
Net Income	17 000	174 000	−17 000
Total Assets	537 000	516 000	283 000
Total Equity	198 000	181 000	8 000

Income (NOK)	2022	2021	2020
Revenue	499 000	580 000	238 000
Expenditure	484 000	306 000	262 000
Operating Profit	26 000	224 000	−19 000
Financial Income	3 000	0	3 000
Financial Costs	7 000	8 000	0
Financial Balance	−4 000	−8 000	3 000
Earnings Before Tax	22 000	216 000	−17 000
Tax	5 000	43 000	0
Net Income	17 000	174 000	−17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 000	0	0
Total Current Assets	525 000	516 000	283 000
Total Assets	537 000	516 000	283 000
Total Retained Equity	174 000	157 000	−17 000
Total Equity	198 000	181 000	8 000
Total Long-Term Debt	212 000	213 000	212 000
Total Current Debt	127 000	121 000	63 000
Total Equity and Debt	537 000	516 000	283 000

Cash flow (NOK)	2022	2021	2020
Sales Income	499 000	580 000	238 000
Other Income	0	0	0
Revenue	499 000	580 000	238 000
Cost of Goods Sold	364 000	255 000	208 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	484 000	306 000	262 000
Operating Profit	26 000	224 000	−19 000
Financial Income	3 000	0	3 000
Financial Costs	7 000	8 000	0
Financial Balance	−4 000	−8 000	3 000
Dividends	0	0	0
Net Income	17 000	174 000	−17 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 000	0	0
Stock	20 000	10 000	59 000
Total Investments	0	0	0
Cash, Bank	223 000	255 000	110 000
Total Current Assets	525 000	516 000	283 000
Total Assets	537 000	516 000	283 000
Total Equity	198 000	181 000	8 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	212 000	213 000	212 000
Creditors	35 000	34 000	19 000
Unpaid Taxes	40 000	28 000	39 000
Dividends	0	0	0
Other Current Debt	34 000	17 000	6 000
Total Current Debt	127 000	121 000	63 000
Total Equity and Debt	537 000	516 000	283 000

Financial indicators	2022	2021	2020
Return on Equity	8,59 %	96,13 %	−212,5 %
Debt-to-Equity Ratio	1,07	1,18	26,5
Operating Profit Margin	5,21 %	38,62 %	−7,98 %
Current Ratio	4,13	4,26	4,49
Quick Ratio	4,91	4,65	70,75
Equity Ratio	0,37	0,35	0,03
Gross Profit Margin	27,05 %	56,03 %	12,61 %