BETTER TOGETHER AS

0454 OSLO

Finances

Return on Equity

−16,83 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 807 000	2 294 000	429 000
Net Income	−122 000	616 000	201 000
Total Assets	1 428 000	2 074 000	988 000
Total Equity	725 000	847 000	261 000

Income (NOK)	2022	2021	2020
Revenue	1 807 000	2 294 000	429 000
Expenditure	1 875 000	1 448 000	171 000
Operating Profit	−67 000	846 000	258 000
Financial Income	45 000	0	0
Financial Costs	100 000	57 000	0
Financial Balance	−55 000	−57 000	0
Earnings Before Tax	−122 000	789 000	258 000
Tax	0	174 000	57 000
Net Income	−122 000	616 000	201 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	465 000	557 000	425 000
Total Current Assets	963 000	1 517 000	563 000
Total Assets	1 428 000	2 074 000	988 000
Total Retained Equity	695 000	817 000	201 000
Total Equity	725 000	847 000	261 000
Total Long-Term Debt	0	0	0
Total Current Debt	704 000	1 227 000	727 000
Total Equity and Debt	1 428 000	2 074 000	988 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 807 000	2 230 000	429 000
Other Income	0	64 000	0
Revenue	1 807 000	2 294 000	429 000
Cost of Goods Sold	499 000	282 000	0
Salary Costs	1 149 000	605 000	25 000
Depreciation	13 000	1 000	0
Impairment	0	0	0
Expenditure	1 875 000	1 448 000	171 000
Operating Profit	−67 000	846 000	258 000
Financial Income	45 000	0	0
Financial Costs	100 000	57 000	0
Financial Balance	−55 000	−57 000	0
Dividends	0	0	0
Net Income	−122 000	616 000	201 000

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	17 000	21 000	0
Fixtures	17 000	3 000	0
Total Tangible Assets	33 000	24 000	0
Total Fiancial Fixed Assets	432 000	532 000	425 000
Total Fixed Assets	465 000	557 000	425 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	884 000	1 315 000	342 000
Total Current Assets	963 000	1 517 000	563 000
Total Assets	1 428 000	2 074 000	988 000
Total Equity	725 000	847 000	261 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	16 000	165 000	0
Unpaid Taxes	139 000	151 000	44 000
Dividends	0	0	0
Other Current Debt	549 000	680 000	626 000
Total Current Debt	704 000	1 227 000	727 000
Total Equity and Debt	1 428 000	2 074 000	988 000

Financial indicators	2022	2021	2020
Return on Equity	−16,83 %	72,73 %	77,01 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−3,71 %	36,88 %	60,14 %
Current Ratio	1,37	1,24	0,77
Quick Ratio	1,37	1,24	0,77
Equity Ratio	0,51	0,41	0,26
Gross Profit Margin	72,39 %	87,71 %	100 %