BALANCE IN LIFE SCANDINAVIA AS

1814 ASKIM

Finances

Share Ownership

Return on Equity

143,48 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	138 000	182 000	117 000
Net Income	33 000	−2 000	−38 000
Total Assets	108 000	58 000	101 000
Total Equity	23 000	−10 000	−8 000

Income (NOK)	2022	2021	2020
Revenue	138 000	182 000	117 000
Expenditure	87 000	182 000	166 000
Operating Profit	50 000	0	−48 000
Financial Income	0	0	0
Financial Costs	7 000	4 000	1 000
Financial Balance	−7 000	−4 000	−1 000
Earnings Before Tax	43 000	−3 000	−49 000
Tax	9 000	−1 000	−11 000
Net Income	33 000	−2 000	−38 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 000	18 000	24 000
Total Current Assets	99 000	40 000	77 000
Total Assets	108 000	58 000	101 000
Total Retained Equity	−7 000	−40 000	−38 000
Total Equity	23 000	−10 000	−8 000
Total Long-Term Debt	0	0	65 000
Total Current Debt	85 000	69 000	44 000
Total Equity and Debt	108 000	58 000	101 000

Cash flow (NOK)	2022	2021	2020
Sales Income	138 000	182 000	117 000
Other Income	0	0	0
Revenue	138 000	182 000	117 000
Cost of Goods Sold	49 000	99 000	72 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	87 000	182 000	166 000
Operating Profit	50 000	0	−48 000
Financial Income	0	0	0
Financial Costs	7 000	4 000	1 000
Financial Balance	−7 000	−4 000	−1 000
Dividends	0	0	0
Net Income	33 000	−2 000	−38 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 000	11 000	11 000
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	7 000	7 000	14 000
Total Fixed Assets	9 000	18 000	24 000
Stock	97 000	34 000	69 000
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	99 000	40 000	77 000
Total Assets	108 000	58 000	101 000
Total Equity	23 000	−10 000	−8 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	65 000
Creditors	19 000	11 000	27 000
Unpaid Taxes	2 000	12 000	0
Dividends	0	0	0
Other Current Debt	65 000	46 000	16 000
Total Current Debt	85 000	69 000	44 000
Total Equity and Debt	108 000	58 000	101 000

Financial indicators	2022	2021	2020
Return on Equity	143,48 %	20 %	475 %
Debt-to-Equity Ratio	0	−0	−8,13
Operating Profit Margin	36,23 %	0 %	−41,03 %
Current Ratio	1,16	0,58	1,75
Quick Ratio	−8,25	1,14	−3,08
Equity Ratio	0,21	−0,17	−0,08
Gross Profit Margin	64,49 %	45,6 %	38,46 %