THE BIKE CORNER AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

127,78 %

Current Ratio

0,58

Debt-to-Equity Ratio

−10

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	212 000	264 000	25 000
Net Income	−23 000	−6 000	−10 000	2 000
Total Assets	434 000	493 000	321 000	328 000
Total Equity	−18 000	5 000	11 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	212 000	264 000	25 000
Expenditure	224 000	219 000	271 000	26 000
Operating Profit	−23 000	−6 000	−8 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−23 000	−6 000	−8 000	−1 000
Tax	0	0	2 000	−2 000
Net Income	−23 000	−6 000	−10 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	276 000	384 000	247 000	210 000
Total Current Assets	159 000	109 000	73 000	119 000
Total Assets	434 000	493 000	321 000	328 000
Total Retained Equity	−38 000	−15 000	−9 000	2 000
Total Equity	−18 000	5 000	11 000	22 000
Total Long-Term Debt	180 000	180 000	280 000	280 000
Total Current Debt	272 000	307 000	29 000	27 000
Total Equity and Debt	434 000	493 000	321 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 000	62 000	233 000	25 000
Other Income	40 000	150 000	31 000	0
Revenue	200 000	212 000	264 000	25 000
Cost of Goods Sold	28 000	19 000	186 000	10 000
Salary Costs	0	0	0	0
Depreciation	93 000	56 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	224 000	219 000	271 000	26 000
Operating Profit	−23 000	−6 000	−8 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−23 000	−6 000	−10 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	256 000	344 000	232 000	0
Fixtures	20 000	39 000	15 000	207 000
Total Tangible Assets	276 000	384 000	247 000	207 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	276 000	384 000	247 000	210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	106 000	56 000	65 000
Total Current Assets	159 000	109 000	73 000	119 000
Total Assets	434 000	493 000	321 000	328 000
Total Equity	−18 000	5 000	11 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	180 000	180 000	280 000	280 000
Creditors	8 000	47 000	4 000	7 000
Unpaid Taxes	3 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	261 000	260 000	25 000	20 000
Total Current Debt	272 000	307 000	29 000	27 000
Total Equity and Debt	434 000	493 000	321 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,78 %	−120 %	−90,91 %	9,09 %
Debt-to-Equity Ratio	−10	36	25,45	12,73
Operating Profit Margin	−11,5 %	−2,83 %	−3,03 %	−4 %
Current Ratio	0,58	0,36	2,52	4,41
Quick Ratio	0,58	0,36	2,52	4,41
Equity Ratio	−0,04	0,01	0,03	0,07
Gross Profit Margin	86 %	91,04 %	29,55 %	60 %