STUDIO NORDNES AS

5005 BERGEN

Finances

Share Ownership

Return on Equity

19,13 %

Current Ratio

0,83

Debt-to-Equity Ratio

−1,01

Key figures (NOK)	2022	2021	2020
Revenue	487 000	245 000	617 000
Net Income	−181 000	−446 000	−349 000
Total Assets	83 000	92 000	212 000
Total Equity	−946 000	−765 000	−319 000

Income (NOK)	2022	2021	2020
Revenue	487 000	245 000	617 000
Expenditure	670 000	692 000	966 000
Operating Profit	−182 000	−447 000	−350 000
Financial Income	1 000	1 000	8 000
Financial Costs	0	0	7 000
Financial Balance	1 000	1 000	1 000
Earnings Before Tax	−181 000	−446 000	−349 000
Tax	0	0	0
Net Income	−181 000	−446 000	−349 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	26 000	0	0
Total Current Assets	57 000	92 000	212 000
Total Assets	83 000	92 000	212 000
Total Retained Equity	−976 000	−795 000	−349 000
Total Equity	−946 000	−765 000	−319 000
Total Long-Term Debt	959 000	0	0
Total Current Debt	69 000	857 000	531 000
Total Equity and Debt	83 000	92 000	212 000

Cash flow (NOK)	2022	2021	2020
Sales Income	487 000	245 000	617 000
Other Income	0	0	0
Revenue	487 000	245 000	617 000
Cost of Goods Sold	26 000	13 000	156 000
Salary Costs	493 000	444 000	505 000
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	670 000	692 000	966 000
Operating Profit	−182 000	−447 000	−350 000
Financial Income	1 000	1 000	8 000
Financial Costs	0	0	7 000
Financial Balance	1 000	1 000	1 000
Dividends	0	0	0
Net Income	−181 000	−446 000	−349 000

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	0	0	0
Fixtures	26 000	0	0
Total Tangible Assets	26 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	26 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	53 000	84 000	123 000
Total Current Assets	57 000	92 000	212 000
Total Assets	83 000	92 000	212 000
Total Equity	−946 000	−765 000	−319 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	959 000	0	0
Creditors	11 000	1 000	19 000
Unpaid Taxes	15 000	41 000	162 000
Dividends	0	0	0
Other Current Debt	44 000	814 000	350 000
Total Current Debt	69 000	857 000	531 000
Total Equity and Debt	83 000	92 000	212 000

Financial indicators	2022	2021	2020
Return on Equity	19,13 %	58,3 %	109,4 %
Debt-to-Equity Ratio	−1,01	−0	−0
Operating Profit Margin	−37,37 %	−182,45 %	−56,73 %
Current Ratio	0,83	0,11	0,4
Quick Ratio	0,83	0,11	0,4
Equity Ratio	−11,4	−8,32	−1,5
Gross Profit Margin	94,66 %	94,69 %	74,72 %