TECHNICAL ENTRY AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

77,6 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	591 000	186 000	196 000
Net Income	−790 000	−196 000	−61 000
Total Assets	620 000	353 000	346 000
Total Equity	−1 018 000	−228 000	−31 000

Income (NOK)	2022	2021	2020
Revenue	591 000	186 000	196 000
Expenditure	1 307 000	431 000	272 000
Operating Profit	−716 000	−245 000	−77 000
Financial Income	3 000	0	2 000
Financial Costs	5 000	6 000	4 000
Financial Balance	−2 000	−6 000	−2 000
Earnings Before Tax	−718 000	−252 000	−79 000
Tax	73 000	−55 000	−17 000
Net Income	−790 000	−196 000	−61 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	121 000	233 000	215 000
Total Current Assets	498 000	120 000	130 000
Total Assets	620 000	353 000	346 000
Total Retained Equity	−1 048 000	−258 000	−61 000
Total Equity	−1 018 000	−228 000	−31 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 638 000	580 000	377 000
Total Equity and Debt	620 000	353 000	346 000

Cash flow (NOK)	2022	2021	2020
Sales Income	591 000	186 000	196 000
Other Income	0	0	0
Revenue	591 000	186 000	196 000
Cost of Goods Sold	198 000	16 000	85 000
Salary Costs	420 000	0	0
Depreciation	38 000	38 000	15 000
Impairment	0	0	0
Expenditure	1 307 000	431 000	272 000
Operating Profit	−716 000	−245 000	−77 000
Financial Income	3 000	0	2 000
Financial Costs	5 000	6 000	4 000
Financial Balance	−2 000	−6 000	−2 000
Dividends	0	0	0
Net Income	−790 000	−196 000	−61 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	73 000	17 000
Real Eastate	33 000	39 000	44 000
Machinery and Plant Facilities	88 000	121 000	154 000
Fixtures	0	0	0
Total Tangible Assets	121 000	160 000	198 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	121 000	233 000	215 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	148 000	91 000	28 000
Total Current Assets	498 000	120 000	130 000
Total Assets	620 000	353 000	346 000
Total Equity	−1 018 000	−228 000	−31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	187 000	31 000	102 000
Unpaid Taxes	26 000	12 000	0
Dividends	0	0	0
Other Current Debt	1 425 000	537 000	275 000
Total Current Debt	1 638 000	580 000	377 000
Total Equity and Debt	620 000	353 000	346 000

Financial indicators	2022	2021	2020
Return on Equity	77,6 %	85,96 %	196,77 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−121,15 %	−131,72 %	−39,29 %
Current Ratio	0,3	0,21	0,34
Quick Ratio	0,3	0,21	0,34
Equity Ratio	−1,64	−0,65	−0,09
Gross Profit Margin	66,5 %	91,4 %	56,63 %