SOUNDSHELL AS

1453 BJØRNEMYR

Finances

Share Ownership

Return on Equity

15,5 %

Current Ratio

6,8

Debt-to-Equity Ratio

−1,6

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−300 000	−686 000	−986 000
Total Assets	1 171 000	425 000	267 000
Total Equity	−1 936 000	−1 635 000	−949 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	165 000	591 000	953 000
Operating Profit	−165 000	−591 000	−953 000
Financial Income	0	0	0
Financial Costs	136 000	95 000	34 000
Financial Balance	−136 000	−95 000	−34 000
Earnings Before Tax	−300 000	−686 000	−986 000
Tax	0	0	0
Net Income	−300 000	−686 000	−986 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 137 000	327 000	158 000
Total Current Assets	34 000	98 000	109 000
Total Assets	1 171 000	425 000	267 000
Total Retained Equity	−1 973 000	−1 672 000	−986 000
Total Equity	−1 936 000	−1 635 000	−949 000
Total Long-Term Debt	3 102 000	1 986 000	1 062 000
Total Current Debt	5 000	74 000	154 000
Total Equity and Debt	1 171 000	425 000	267 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	38 000	413 000	793 000
Depreciation	21 000	21 000	14 000
Impairment	0	0	0
Expenditure	165 000	591 000	953 000
Operating Profit	−165 000	−591 000	−953 000
Financial Income	0	0	0
Financial Costs	136 000	95 000	34 000
Financial Balance	−136 000	−95 000	−34 000
Dividends	0	0	0
Net Income	−300 000	−686 000	−986 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	257 000	257 000	68 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	49 000	69 000	90 000
Total Tangible Assets	49 000	69 000	90 000
Total Fiancial Fixed Assets	831 000	0	0
Total Fixed Assets	1 137 000	327 000	158 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	70 000	95 000
Total Current Assets	34 000	98 000	109 000
Total Assets	1 171 000	425 000	267 000
Total Equity	−1 936 000	−1 635 000	−949 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 102 000	1 986 000	1 062 000
Creditors	0	7 000	0
Unpaid Taxes	1 000	28 000	79 000
Dividends	0	0	0
Other Current Debt	4 000	39 000	75 000
Total Current Debt	5 000	74 000	154 000
Total Equity and Debt	1 171 000	425 000	267 000

Financial indicators	2022	2021	2020
Return on Equity	15,5 %	41,96 %	103,9 %
Debt-to-Equity Ratio	−1,6	−1,21	−1,12
Operating Profit Margin	-	-	-
Current Ratio	6,8	1,32	0,71
Quick Ratio	6,8	1,32	0,71
Equity Ratio	−1,65	−3,85	−3,55
Gross Profit Margin	-	-	-