NEVER INVEST AS

2080 EIDSVOLL

Finances

Return on Equity

−22,94 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	93 000	0	68 000
Net Income	−53 000	183 000	26 000	53 000
Total Assets	1 680 000	2 814 000	1 123 000	98 000
Total Equity	231 000	284 000	101 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	93 000	0	68 000
Expenditure	59 000	42 000	17 000	0
Operating Profit	41 000	51 000	−17 000	67 000
Financial Income	65 000	158 000	44 000	0
Financial Costs	137 000	20 000	0	0
Financial Balance	−72 000	138 000	44 000	0
Earnings Before Tax	−30 000	190 000	26 000	67 000
Tax	23 000	6 000	0	15 000
Net Income	−53 000	183 000	26 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	15 000	15 000	0
Total Current Assets	1 263 000	2 799 000	1 108 000	98 000
Total Assets	1 680 000	2 814 000	1 123 000	98 000
Total Retained Equity	209 000	262 000	79 000	53 000
Total Equity	231 000	284 000	101 000	74 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	1 446 000	2 530 000	1 022 000	23 000
Total Equity and Debt	1 680 000	2 814 000	1 123 000	98 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	93 000	0	68 000
Other Income	0	0	0	0
Revenue	100 000	93 000	0	68 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	42 000	17 000	0
Operating Profit	41 000	51 000	−17 000	67 000
Financial Income	65 000	158 000	44 000	0
Financial Costs	137 000	20 000	0	0
Financial Balance	−72 000	138 000	44 000	0
Dividends	0	0	0	0
Net Income	−53 000	183 000	26 000	53 000

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	417 000	15 000	15 000	0
Total Fixed Assets	417 000	15 000	15 000	0
Stock	0	0	0	0
Total Investments	1 028 000	1 766 000	792 000	0
Cash, Bank	236 000	586 000	34 000	30 000
Total Current Assets	1 263 000	2 799 000	1 108 000	98 000
Total Assets	1 680 000	2 814 000	1 123 000	98 000
Total Equity	231 000	284 000	101 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	−2 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 428 000	2 522 000	1 022 000	8 000
Total Current Debt	1 446 000	2 530 000	1 022 000	23 000
Total Equity and Debt	1 680 000	2 814 000	1 123 000	98 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,94 %	64,44 %	25,74 %	71,62 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	41 %	54,84 %	-	98,53 %
Current Ratio	0,87	1,11	1,08	4,26
Quick Ratio	0,87	1,11	1,08	4,26
Equity Ratio	0,14	0,1	0,09	0,76
Gross Profit Margin	100 %	100 %	-	100 %