EDGED CIRCLE PRODUCTIONS AS

5643 STRANDVIK

Finances

Share Ownership

Return on Equity

80 %

Current Ratio

11,28

Debt-to-Equity Ratio

−12,46

Key figures (NOK)	2022	2021	2020
Revenue	915 000	551 000	427 000
Net Income	−28 000	−89 000	48 000
Total Assets	440 000	382 000	501 000
Total Equity	−35 000	−7 000	82 000

Income (NOK)	2022	2021	2020
Revenue	915 000	551 000	427 000
Expenditure	939 000	636 000	367 000
Operating Profit	−25 000	−85 000	60 000
Financial Income	−1 000	−1 000	0
Financial Costs	2 000	3 000	0
Financial Balance	−3 000	−4 000	0
Earnings Before Tax	−28 000	−89 000	60 000
Tax	0	0	12 000
Net Income	−28 000	−89 000	48 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	440 000	382 000	501 000
Total Assets	440 000	382 000	501 000
Total Retained Equity	−75 000	−47 000	42 000
Total Equity	−35 000	−7 000	82 000
Total Long-Term Debt	436 000	396 000	396 000
Total Current Debt	39 000	−7 000	22 000
Total Equity and Debt	440 000	382 000	501 000

Cash flow (NOK)	2022	2021	2020
Sales Income	735 000	551 000	427 000
Other Income	180 000	0	0
Revenue	915 000	551 000	427 000
Cost of Goods Sold	592 000	418 000	255 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	939 000	636 000	367 000
Operating Profit	−25 000	−85 000	60 000
Financial Income	−1 000	−1 000	0
Financial Costs	2 000	3 000	0
Financial Balance	−3 000	−4 000	0
Dividends	0	0	0
Net Income	−28 000	−89 000	48 000

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	378 000	377 000	470 000
Total Investments	0	0	0
Cash, Bank	17 000	4 000	31 000
Total Current Assets	440 000	382 000	501 000
Total Assets	440 000	382 000	501 000
Total Equity	−35 000	−7 000	82 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	436 000	396 000	396 000
Creditors	0	−17 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	39 000	10 000	10 000
Total Current Debt	39 000	−7 000	22 000
Total Equity and Debt	440 000	382 000	501 000

Financial indicators	2022	2021	2020
Return on Equity	80 %	1 271,43 %	58,54 %
Debt-to-Equity Ratio	−12,46	−56,57	4,83
Operating Profit Margin	−2,73 %	−15,43 %	14,05 %
Current Ratio	11,28	−54,57	22,77
Quick Ratio	−1,3	−0,99	−1,12
Equity Ratio	−0,08	−0,02	0,16
Gross Profit Margin	35,3 %	24,14 %	40,28 %