4X4 ADVENTURE AS

1657 TORP

Finances

Share Ownership

Return on Equity

40 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	814 000	390 000	90 000
Net Income	20 000	20 000	−40 000
Total Assets	431 000	268 000	237 000
Total Equity	50 000	30 000	10 000

Income (NOK)	2022	2021	2020
Revenue	814 000	390 000	90 000
Expenditure	791 000	365 000	130 000
Operating Profit	24 000	25 000	−40 000
Financial Income	20 000	0	0
Financial Costs	24 000	5 000	1 000
Financial Balance	−4 000	−5 000	−1 000
Earnings Before Tax	20 000	20 000	−40 000
Tax	0	0	0
Net Income	20 000	20 000	−40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	92 000	139 000	140 000
Total Current Assets	339 000	129 000	98 000
Total Assets	431 000	268 000	237 000
Total Retained Equity	0	−20 000	−40 000
Total Equity	50 000	30 000	10 000
Total Long-Term Debt	0	0	0
Total Current Debt	381 000	238 000	227 000
Total Equity and Debt	431 000	268 000	237 000

Cash flow (NOK)	2022	2021	2020
Sales Income	750 000	372 000	90 000
Other Income	64 000	18 000	0
Revenue	814 000	390 000	90 000
Cost of Goods Sold	273 000	10 000	78 000
Salary Costs	171 000	0	0
Depreciation	39 000	37 000	16 000
Impairment	0	0	0
Expenditure	791 000	365 000	130 000
Operating Profit	24 000	25 000	−40 000
Financial Income	20 000	0	0
Financial Costs	24 000	5 000	1 000
Financial Balance	−4 000	−5 000	−1 000
Dividends	0	0	0
Net Income	20 000	20 000	−40 000

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	60 000	139 000	140 000
Fixtures	32 000	0	0
Total Tangible Assets	92 000	139 000	140 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	92 000	139 000	140 000
Stock	254 000	40 000	0
Total Investments	0	0	0
Cash, Bank	23 000	25 000	11 000
Total Current Assets	339 000	129 000	98 000
Total Assets	431 000	268 000	237 000
Total Equity	50 000	30 000	10 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	−1 000	0	0
Unpaid Taxes	−20 000	68 000	64 000
Dividends	0	0	0
Other Current Debt	402 000	170 000	164 000
Total Current Debt	381 000	238 000	227 000
Total Equity and Debt	431 000	268 000	237 000

Financial indicators	2022	2021	2020
Return on Equity	40 %	66,67 %	−400 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,95 %	6,41 %	−44,44 %
Current Ratio	0,89	0,54	0,43
Quick Ratio	2,67	0,65	0,43
Equity Ratio	0,12	0,11	0,04
Gross Profit Margin	66,46 %	97,44 %	13,33 %