SOULCAKE AS

0661 OSLO

Finances

Share Ownership

Return on Equity

612,5 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	8 417 000	2 174 000	0
Net Income	49 000	−69 000	−2 000
Total Assets	1 762 000	464 000	31 000
Total Equity	8 000	−41 000	28 000

Income (NOK)	2021	2020	2019
Revenue	8 417 000	2 174 000	0
Expenditure	8 348 000	2 261 000	2 000
Operating Profit	69 000	−87 000	−2 000
Financial Income	1 000	0	0
Financial Costs	3 000	2 000	0
Financial Balance	−2 000	−2 000	0
Earnings Before Tax	67 000	−89 000	−2 000
Tax	18 000	−20 000	−1 000
Net Income	49 000	−69 000	−2 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	496 000	52 000	1 000
Total Current Assets	1 266 000	411 000	30 000
Total Assets	1 762 000	464 000	31 000
Total Retained Equity	−22 000	−71 000	−2 000
Total Equity	8 000	−41 000	28 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 754 000	505 000	2 000
Total Equity and Debt	1 762 000	464 000	31 000

Cash flow (NOK)	2021	2020	2019
Sales Income	8 417 000	2 168 000	0
Other Income	0	6 000	0
Revenue	8 417 000	2 174 000	0
Cost of Goods Sold	2 286 000	521 000	0
Salary Costs	4 515 000	1 185 000	0
Depreciation	80 000	5 000	0
Impairment	0	0	0
Expenditure	8 348 000	2 261 000	2 000
Operating Profit	69 000	−87 000	−2 000
Financial Income	1 000	0	0
Financial Costs	3 000	2 000	0
Financial Balance	−2 000	−2 000	0
Dividends	0	0	0
Net Income	49 000	−69 000	−2 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	3 000	20 000	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	494 000	32 000	0
Total Tangible Assets	494 000	32 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	496 000	52 000	1 000
Stock	269 000	31 000	0
Total Investments	0	0	0
Cash, Bank	823 000	364 000	25 000
Total Current Assets	1 266 000	411 000	30 000
Total Assets	1 762 000	464 000	31 000
Total Equity	8 000	−41 000	28 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	251 000	17 000	2 000
Unpaid Taxes	286 000	107 000	0
Dividends	0	0	0
Other Current Debt	1 216 000	381 000	0
Total Current Debt	1 754 000	505 000	2 000
Total Equity and Debt	1 762 000	464 000	31 000

Financial indicators	2021	2020	2019
Return on Equity	612,5 %	168,29 %	−7,14 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	0,82 %	−4 %	-
Current Ratio	0,72	0,81	15
Quick Ratio	0,85	0,87	15
Equity Ratio	0	−0,09	0,9
Gross Profit Margin	72,84 %	76,03 %	-