RETAIL OPERATIONS NORWAY AS

1170 OSLO

Finances

Share Ownership

Return on Equity

108,95 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0,74

Key figures (NOK)	2022	2021	2020
Revenue	7 585 000	6 708 000	2 779 000
Net Income	−645 000	778 000	−359 000
Total Assets	3 210 000	4 305 000	5 236 000
Total Equity	−592 000	53 000	−334 000

Income (NOK)	2022	2021	2020
Revenue	7 585 000	6 708 000	2 779 000
Expenditure	8 074 000	5 695 000	3 202 000
Operating Profit	−488 000	1 012 000	−422 000
Financial Income	0	1 000	0
Financial Costs	21 000	16 000	39 000
Financial Balance	−21 000	−15 000	−39 000
Earnings Before Tax	−509 000	997 000	−462 000
Tax	135 000	219 000	−103 000
Net Income	−645 000	778 000	−359 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	455 000	775 000	972 000
Total Current Assets	2 755 000	3 530 000	4 265 000
Total Assets	3 210 000	4 305 000	5 236 000
Total Retained Equity	−622 000	23 000	−359 000
Total Equity	−592 000	53 000	−334 000
Total Long-Term Debt	440 000	619 000	798 000
Total Current Debt	3 362 000	3 633 000	4 772 000
Total Equity and Debt	3 210 000	4 305 000	5 236 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 406 000	6 529 000	2 499 000
Other Income	179 000	179 000	280 000
Revenue	7 585 000	6 708 000	2 779 000
Cost of Goods Sold	4 007 000	2 419 000	1 776 000
Salary Costs	1 592 000	1 525 000	712 000
Depreciation	185 000	184 000	60 000
Impairment	0	0	0
Expenditure	8 074 000	5 695 000	3 202 000
Operating Profit	−488 000	1 012 000	−422 000
Financial Income	0	1 000	0
Financial Costs	21 000	16 000	39 000
Financial Balance	−21 000	−15 000	−39 000
Dividends	0	0	0
Net Income	−645 000	778 000	−359 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	135 000	173 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	455 000	640 000	798 000
Total Tangible Assets	455 000	640 000	798 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	455 000	775 000	972 000
Stock	1 845 000	2 049 000	1 907 000
Total Investments	0	0	0
Cash, Bank	812 000	730 000	1 238 000
Total Current Assets	2 755 000	3 530 000	4 265 000
Total Assets	3 210 000	4 305 000	5 236 000
Total Equity	−592 000	53 000	−334 000
Short-Term Group Debt	511 000	500 000	542 000
Total Long-Term Debt	440 000	619 000	798 000
Creditors	2 305 000	2 497 000	3 709 000
Unpaid Taxes	337 000	365 000	115 000
Dividends	0	0	0
Other Current Debt	210 000	200 000	335 000
Total Current Debt	3 362 000	3 633 000	4 772 000
Total Equity and Debt	3 210 000	4 305 000	5 236 000

Financial indicators	2022	2021	2020
Return on Equity	108,95 %	1 467,92 %	107,49 %
Debt-to-Equity Ratio	−0,74	11,68	−2,39
Operating Profit Margin	−6,43 %	15,09 %	−15,19 %
Current Ratio	0,82	0,97	0,89
Quick Ratio	1,82	2,23	1,49
Equity Ratio	−0,18	0,01	−0,06
Gross Profit Margin	47,17 %	63,94 %	36,09 %