EDGE UTVIKLING AS

2821 GJØVIK

Finances

Return on Equity

−63,37 %

Current Ratio

5,73

Debt-to-Equity Ratio

−257,82

Key figures (NOK)	2022	2021	2020
Revenue	0	88 000	59 000
Net Income	64 000	−168 000	−42 000
Total Assets	26 067 000	6 277 000	6 514 000
Total Equity	−101 000	−166 000	2 000

Income (NOK)	2022	2021	2020
Revenue	0	88 000	59 000
Expenditure	223 000	89 000	26 000
Operating Profit	−223 000	−1 000	33 000
Financial Income	670 000	0	0
Financial Costs	383 000	166 000	75 000
Financial Balance	287 000	−166 000	−75 000
Earnings Before Tax	64 000	−168 000	−42 000
Tax	0	0	0
Net Income	64 000	−168 000	−42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	25 333 000	6 151 000	6 151 000
Total Current Assets	734 000	126 000	362 000
Total Assets	26 067 000	6 277 000	6 514 000
Total Retained Equity	−146 000	−210 000	−42 000
Total Equity	−101 000	−166 000	2 000
Total Long-Term Debt	26 040 000	4 667 000	4 762 000
Total Current Debt	128 000	1 776 000	1 750 000
Total Equity and Debt	26 067 000	6 277 000	6 514 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	88 000	59 000
Revenue	0	88 000	59 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	223 000	89 000	26 000
Operating Profit	−223 000	−1 000	33 000
Financial Income	670 000	0	0
Financial Costs	383 000	166 000	75 000
Financial Balance	287 000	−166 000	−75 000
Dividends	0	0	0
Net Income	64 000	−168 000	−42 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	6 151 000	6 151 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	6 151 000	6 151 000
Total Fiancial Fixed Assets	25 333 000	0	0
Total Fixed Assets	25 333 000	6 151 000	6 151 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	63 000	65 000	302 000
Total Current Assets	734 000	126 000	362 000
Total Assets	26 067 000	6 277 000	6 514 000
Total Equity	−101 000	−166 000	2 000
Short-Term Group Debt	0	1 749 000	1 750 000
Total Long-Term Debt	26 040 000	4 667 000	4 762 000
Creditors	0	1 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	128 000	25 000	0
Total Current Debt	128 000	1 776 000	1 750 000
Total Equity and Debt	26 067 000	6 277 000	6 514 000

Financial indicators	2022	2021	2020
Return on Equity	−63,37 %	101,2 %	−2 100 %
Debt-to-Equity Ratio	−257,82	−28,11	2 381
Operating Profit Margin	-	−1,14 %	55,93 %
Current Ratio	5,73	0,07	0,21
Quick Ratio	5,73	0,07	0,21
Equity Ratio	−0	−0,03	0
Gross Profit Margin	-	100 %	100 %