FEED ADVICE AS

4054 TJELTA

Finances

Share Ownership

Return on Equity

11,25 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020
Revenue	490 000	2 437 000	124 000
Net Income	9 000	78 000	−37 000
Total Assets	119 000	352 000	121 000
Total Equity	80 000	71 000	−7 000

Income (NOK)	2022	2021	2020
Revenue	490 000	2 437 000	124 000
Expenditure	479 000	2 344 000	161 000
Operating Profit	11 000	93 000	−37 000
Financial Income	1 000	0	0
Financial Costs	0	3 000	0
Financial Balance	1 000	−3 000	0
Earnings Before Tax	11 000	90 000	−37 000
Tax	3 000	12 000	0
Net Income	9 000	78 000	−37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	32 000	13 000	0
Total Current Assets	87 000	339 000	121 000
Total Assets	119 000	352 000	121 000
Total Retained Equity	50 000	41 000	−37 000
Total Equity	80 000	71 000	−7 000
Total Long-Term Debt	3 000	0	92 000
Total Current Debt	37 000	281 000	36 000
Total Equity and Debt	119 000	352 000	121 000

Cash flow (NOK)	2022	2021	2020
Sales Income	490 000	2 187 000	124 000
Other Income	0	250 000	0
Revenue	490 000	2 437 000	124 000
Cost of Goods Sold	0	62 000	0
Salary Costs	291 000	1 837 000	39 000
Depreciation	11 000	4 000	0
Impairment	0	0	0
Expenditure	479 000	2 344 000	161 000
Operating Profit	11 000	93 000	−37 000
Financial Income	1 000	0	0
Financial Costs	0	3 000	0
Financial Balance	1 000	−3 000	0
Dividends	0	0	0
Net Income	9 000	78 000	−37 000

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	32 000	13 000	0
Total Tangible Assets	32 000	13 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	32 000	13 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	85 000	319 000	2 000
Total Current Assets	87 000	339 000	121 000
Total Assets	119 000	352 000	121 000
Total Equity	80 000	71 000	−7 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	0	92 000
Creditors	7 000	4 000	4 000
Unpaid Taxes	0	82 000	0
Dividends	0	0	0
Other Current Debt	30 000	183 000	32 000
Total Current Debt	37 000	281 000	36 000
Total Equity and Debt	119 000	352 000	121 000

Financial indicators	2022	2021	2020
Return on Equity	11,25 %	109,86 %	528,57 %
Debt-to-Equity Ratio	0,04	0	−13,14
Operating Profit Margin	2,24 %	3,82 %	−29,84 %
Current Ratio	2,35	1,21	3,36
Quick Ratio	2,35	1,21	3,36
Equity Ratio	0,67	0,2	−0,06
Gross Profit Margin	100 %	97,46 %	100 %