FORUS SMART CITY AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

53,49 %

Current Ratio

260,3

Debt-to-Equity Ratio

−49,95

Key figures (NOK)	2022	2021	2020
Revenue	954 000	682 000	363 000
Net Income	−391 000	−136 000	−233 000
Total Assets	35 921 000	35 854 000	29 229 000
Total Equity	−731 000	−339 000	−203 000

Income (NOK)	2022	2021	2020
Revenue	954 000	682 000	363 000
Expenditure	361 000	237 000	219 000
Operating Profit	592 000	445 000	144 000
Financial Income	0	0	0
Financial Costs	984 000	581 000	376 000
Financial Balance	−984 000	−581 000	−376 000
Earnings Before Tax	−391 000	−136 000	−233 000
Tax	0	0	0
Net Income	−391 000	−136 000	−233 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	35 921 000	35 854 000	29 229 000
Total Assets	35 921 000	35 854 000	29 229 000
Total Retained Equity	−761 000	−369 000	−233 000
Total Equity	−731 000	−339 000	−203 000
Total Long-Term Debt	36 513 000	36 191 000	29 421 000
Total Current Debt	138 000	2 000	11 000
Total Equity and Debt	35 921 000	35 854 000	29 229 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	954 000	682 000	363 000
Revenue	954 000	682 000	363 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	361 000	237 000	219 000
Operating Profit	592 000	445 000	144 000
Financial Income	0	0	0
Financial Costs	984 000	581 000	376 000
Financial Balance	−984 000	−581 000	−376 000
Dividends	0	0	0
Net Income	−391 000	−136 000	−233 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	35 835 000	35 835 000	29 171 000
Total Investments	0	0	0
Cash, Bank	87 000	7 000	58 000
Total Current Assets	35 921 000	35 854 000	29 229 000
Total Assets	35 921 000	35 854 000	29 229 000
Total Equity	−731 000	−339 000	−203 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	36 513 000	36 191 000	29 421 000
Creditors	127 000	0	11 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	11 000	2 000	0
Total Current Debt	138 000	2 000	11 000
Total Equity and Debt	35 921 000	35 854 000	29 229 000

Financial indicators	2022	2021	2020
Return on Equity	53,49 %	40,12 %	114,78 %
Debt-to-Equity Ratio	−49,95	−106,76	−144,93
Operating Profit Margin	62,05 %	65,25 %	39,67 %
Current Ratio	260,3	17 927	2 657,18
Quick Ratio	−1,01	−1	−1
Equity Ratio	−0,02	−0,01	−0,01
Gross Profit Margin	100 %	100 %	100 %