WOLVE IT AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

74,34 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020
Revenue	1 816 000	454 000	323 000
Net Income	−1 967 000	−713 000	−6 000
Total Assets	651 000	139 000	57 000
Total Equity	−2 646 000	−687 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 816 000	454 000	323 000
Expenditure	3 764 000	1 157 000	325 000
Operating Profit	−1 947 000	−703 000	−3 000
Financial Income	0	0	0
Financial Costs	20 000	10 000	2 000
Financial Balance	−20 000	−10 000	−2 000
Earnings Before Tax	−1 967 000	−713 000	−5 000
Tax	0	0	1 000
Net Income	−1 967 000	−713 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	95 000	52 000	2 000
Total Current Assets	556 000	87 000	55 000
Total Assets	651 000	139 000	57 000
Total Retained Equity	−2 685 000	−719 000	−6 000
Total Equity	−2 646 000	−687 000	24 000
Total Long-Term Debt	181 000	245 000	0
Total Current Debt	3 116 000	581 000	33 000
Total Equity and Debt	651 000	139 000	57 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 409 000	373 000	223 000
Other Income	408 000	81 000	100 000
Revenue	1 816 000	454 000	323 000
Cost of Goods Sold	0	59 000	43 000
Salary Costs	3 027 000	860 000	88 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 764 000	1 157 000	325 000
Operating Profit	−1 947 000	−703 000	−3 000
Financial Income	0	0	0
Financial Costs	20 000	10 000	2 000
Financial Balance	−20 000	−10 000	−2 000
Dividends	0	0	0
Net Income	−1 967 000	−713 000	−6 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	95 000	52 000	2 000
Total Fixed Assets	95 000	52 000	2 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	324 000	−70 000	36 000
Total Current Assets	556 000	87 000	55 000
Total Assets	651 000	139 000	57 000
Total Equity	−2 646 000	−687 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	181 000	245 000	0
Creditors	79 000	−15 000	8 000
Unpaid Taxes	464 000	122 000	16 000
Dividends	0	0	0
Other Current Debt	2 573 000	473 000	7 000
Total Current Debt	3 116 000	581 000	33 000
Total Equity and Debt	651 000	139 000	57 000

Financial indicators	2022	2021	2020
Return on Equity	74,34 %	103,78 %	−25 %
Debt-to-Equity Ratio	−0,07	−0,36	0
Operating Profit Margin	−107,21 %	−154,85 %	−0,93 %
Current Ratio	0,18	0,15	1,67
Quick Ratio	0,18	0,15	1,67
Equity Ratio	−4,06	−4,94	0,42
Gross Profit Margin	100 %	87 %	86,69 %