DYNAMIC ELEMENTS GROUP AS

1357 BEKKESTUA

Finances

Return on Equity

−2 021,52 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	75 000
Net Income	−1 597 000	−156 000	−179 000
Total Assets	109 000	1 678 000	1 834 000
Total Equity	79 000	1 426 000	1 582 000

Income (NOK)	2022	2021	2020
Revenue	0	0	75 000
Expenditure	205 000	156 000	254 000
Operating Profit	−205 000	−156 000	−179 000
Financial Income	0	0	0
Financial Costs	1 392 000	0	0
Financial Balance	−1 392 000	0	0
Earnings Before Tax	−1 597 000	−156 000	−179 000
Tax	0	0	0
Net Income	−1 597 000	−156 000	−179 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 000	1 400 000	1 400 000
Total Current Assets	100 000	278 000	434 000
Total Assets	109 000	1 678 000	1 834 000
Total Retained Equity	−1 932 000	−335 000	−179 000
Total Equity	79 000	1 426 000	1 582 000
Total Long-Term Debt	0	0	0
Total Current Debt	30 000	253 000	252 000
Total Equity and Debt	109 000	1 678 000	1 834 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	75 000
Other Income	0	0	0
Revenue	0	0	75 000
Cost of Goods Sold	0	0	0
Salary Costs	171 000	171 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	205 000	156 000	254 000
Operating Profit	−205 000	−156 000	−179 000
Financial Income	0	0	0
Financial Costs	1 392 000	0	0
Financial Balance	−1 392 000	0	0
Dividends	0	0	0
Net Income	−1 597 000	−156 000	−179 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	8 000	1 400 000	1 400 000
Total Fixed Assets	8 000	1 400 000	1 400 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	99 000	278 000	359 000
Total Current Assets	100 000	278 000	434 000
Total Assets	109 000	1 678 000	1 834 000
Total Equity	79 000	1 426 000	1 582 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	2 000	253 000	252 000
Unpaid Taxes	28 000	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	30 000	253 000	252 000
Total Equity and Debt	109 000	1 678 000	1 834 000

Financial indicators	2022	2021	2020
Return on Equity	−2 021,52 %	−10,94 %	−11,31 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	−238,67 %
Current Ratio	3,33	1,1	1,72
Quick Ratio	3,33	1,1	1,72
Equity Ratio	0,72	0,85	0,86
Gross Profit Margin	-	-	100 %