LESS MEAT LESS HEAT AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

−950 %

Current Ratio

1,89

Debt-to-Equity Ratio

20,92

Key figures (NOK)	2022	2021	2020
Revenue	151 000	408 000	209 000
Net Income	−114 000	81 000	20 000
Total Assets	358 000	544 000	244 000
Total Equity	12 000	125 000	44 000

Income (NOK)	2022	2021	2020
Revenue	151 000	408 000	209 000
Expenditure	246 000	301 000	183 000
Operating Profit	−95 000	108 000	27 000
Financial Income	0	0	0
Financial Costs	19 000	4 000	3 000
Financial Balance	−19 000	−4 000	−3 000
Earnings Before Tax	−114 000	104 000	24 000
Tax	0	23 000	4 000
Net Income	−114 000	81 000	20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	177 000	121 000	72 000
Total Current Assets	181 000	423 000	172 000
Total Assets	358 000	544 000	244 000
Total Retained Equity	−13 000	101 000	20 000
Total Equity	12 000	125 000	44 000
Total Long-Term Debt	251 000	307 000	90 000
Total Current Debt	96 000	112 000	110 000
Total Equity and Debt	358 000	544 000	244 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	27 000	−27 000
Other Income	151 000	382 000	237 000
Revenue	151 000	408 000	209 000
Cost of Goods Sold	0	0	17 000
Salary Costs	−2 000	80 000	46 000
Depreciation	38 000	20 000	5 000
Impairment	0	0	0
Expenditure	246 000	301 000	183 000
Operating Profit	−95 000	108 000	27 000
Financial Income	0	0	0
Financial Costs	19 000	4 000	3 000
Financial Balance	−19 000	−4 000	−3 000
Dividends	0	0	0
Net Income	−114 000	81 000	20 000

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	151 000	80 000	0
Total Tangible Assets	151 000	80 000	0
Total Fiancial Fixed Assets	26 000	41 000	72 000
Total Fixed Assets	177 000	121 000	72 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	25 000	366 000	146 000
Total Current Assets	181 000	423 000	172 000
Total Assets	358 000	544 000	244 000
Total Equity	12 000	125 000	44 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	251 000	307 000	90 000
Creditors	21 000	17 000	36 000
Unpaid Taxes	0	6 000	6 000
Dividends	0	0	0
Other Current Debt	75 000	67 000	64 000
Total Current Debt	96 000	112 000	110 000
Total Equity and Debt	358 000	544 000	244 000

Financial indicators	2022	2021	2020
Return on Equity	−950 %	64,8 %	45,45 %
Debt-to-Equity Ratio	20,92	2,46	2,05
Operating Profit Margin	−62,91 %	26,47 %	12,92 %
Current Ratio	1,89	3,78	1,56
Quick Ratio	1,89	3,78	1,56
Equity Ratio	0,03	0,23	0,18
Gross Profit Margin	100 %	100 %	91,87 %