BETTER MOOD AS

1927 RÅNÅSFOSS

Finances

Share Ownership

Return on Equity

61,87 %

Current Ratio

0,62

Debt-to-Equity Ratio

−2,98

Key figures (NOK)	2022	2021	2020
Revenue	897 000	1 263 000	1 365 000
Net Income	−86 000	−206 000	123 000
Total Assets	587 000	498 000	471 000
Total Equity	−139 000	−53 000	153 000

Income (NOK)	2022	2021	2020
Revenue	897 000	1 263 000	1 365 000
Expenditure	967 000	1 467 000	1 208 000
Operating Profit	−72 000	−203 000	158 000
Financial Income	0	0	0
Financial Costs	15 000	6 000	0
Financial Balance	−15 000	−6 000	0
Earnings Before Tax	−86 000	−209 000	157 000
Tax	0	−4 000	35 000
Net Income	−86 000	−206 000	123 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	394 000	186 000	91 000
Total Current Assets	193 000	312 000	380 000
Total Assets	587 000	498 000	471 000
Total Retained Equity	−169 000	−83 000	123 000
Total Equity	−139 000	−53 000	153 000
Total Long-Term Debt	414 000	129 000	4 000
Total Current Debt	313 000	421 000	314 000
Total Equity and Debt	587 000	498 000	471 000

Cash flow (NOK)	2022	2021	2020
Sales Income	869 000	1 263 000	1 365 000
Other Income	28 000	0	0
Revenue	897 000	1 263 000	1 365 000
Cost of Goods Sold	186 000	166 000	63 000
Salary Costs	578 000	1 121 000	1 050 000
Depreciation	53 000	41 000	10 000
Impairment	0	0	0
Expenditure	967 000	1 467 000	1 208 000
Operating Profit	−72 000	−203 000	158 000
Financial Income	0	0	0
Financial Costs	15 000	6 000	0
Financial Balance	−15 000	−6 000	0
Dividends	0	0	0
Net Income	−86 000	−206 000	123 000

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	394 000	186 000	91 000
Total Tangible Assets	394 000	186 000	91 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	394 000	186 000	91 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	185 000	306 000	229 000
Total Current Assets	193 000	312 000	380 000
Total Assets	587 000	498 000	471 000
Total Equity	−139 000	−53 000	153 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	414 000	129 000	4 000
Creditors	4 000	12 000	12 000
Unpaid Taxes	70 000	179 000	87 000
Dividends	0	0	0
Other Current Debt	238 000	231 000	184 000
Total Current Debt	313 000	421 000	314 000
Total Equity and Debt	587 000	498 000	471 000

Financial indicators	2022	2021	2020
Return on Equity	61,87 %	388,68 %	80,39 %
Debt-to-Equity Ratio	−2,98	−2,43	0,03
Operating Profit Margin	−8,03 %	−16,07 %	11,58 %
Current Ratio	0,62	0,74	1,21
Quick Ratio	0,62	0,74	1,21
Equity Ratio	−0,24	−0,11	0,32
Gross Profit Margin	79,26 %	86,86 %	95,38 %