SEALING SYSTEM NORWAY AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

33,99 %

Current Ratio

0,31

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	3 310 000	0	0
Net Income	−585 000	−1 165 000	−1 000
Total Assets	1 508 000	891 000	29 000
Total Equity	−1 721 000	−1 136 000	29 000

Income (NOK)	2022	2021	2020
Revenue	3 310 000	0	0
Expenditure	4 157 000	1 493 000	0
Operating Profit	−848 000	−1 493 000	0
Financial Income	105 000	0	0
Financial Costs	8 000	0	1 000
Financial Balance	97 000	0	−1 000
Earnings Before Tax	−750 000	−1 493 000	−1 000
Tax	−165 000	−329 000	0
Net Income	−585 000	−1 165 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	494 000	329 000	0
Total Current Assets	1 014 000	562 000	29 000
Total Assets	1 508 000	891 000	29 000
Total Retained Equity	−1 751 000	−1 166 000	−1 000
Total Equity	−1 721 000	−1 136 000	29 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 229 000	2 027 000	0
Total Equity and Debt	1 508 000	891 000	29 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 310 000	0	0
Other Income	0	0	0
Revenue	3 310 000	0	0
Cost of Goods Sold	350 000	0	0
Salary Costs	2 208 000	636 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 157 000	1 493 000	0
Operating Profit	−848 000	−1 493 000	0
Financial Income	105 000	0	0
Financial Costs	8 000	0	1 000
Financial Balance	97 000	0	−1 000
Dividends	0	0	0
Net Income	−585 000	−1 165 000	−1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	494 000	329 000	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	494 000	329 000	0
Stock	453 000	453 000	0
Total Investments	0	0	0
Cash, Bank	86 000	59 000	29 000
Total Current Assets	1 014 000	562 000	29 000
Total Assets	1 508 000	891 000	29 000
Total Equity	−1 721 000	−1 136 000	29 000
Short-Term Group Debt	2 322 000	1 445 000	0
Total Long-Term Debt	0	0	0
Creditors	508 000	0	0
Unpaid Taxes	155 000	68 000	0
Dividends	0	0	0
Other Current Debt	244 000	514 000	0
Total Current Debt	3 229 000	2 027 000	0
Total Equity and Debt	1 508 000	891 000	29 000

Financial indicators	2022	2021	2020
Return on Equity	33,99 %	102,55 %	−3,45 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−25,62 %	-	-
Current Ratio	0,31	0,28	-
Quick Ratio	0,37	0,36	-
Equity Ratio	−1,14	−1,27	1
Gross Profit Margin	89,43 %	-	-