SUMMITBYHOPSTOCKHELSE AS

0271 OSLO

Finances

Share Ownership

Return on Equity

−31,01 %

Current Ratio

3,17

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2022	2021	2020
Revenue	5 228 000	2 402 000	549 000
Net Income	−365 000	660 000	258 000
Total Assets	7 264 000	5 131 000	4 428 000
Total Equity	1 177 000	641 000	288 000

Income (NOK)	2022	2021	2020
Revenue	5 228 000	2 402 000	549 000
Expenditure	5 426 000	1 422 000	157 000
Operating Profit	−198 000	980 000	392 000
Financial Income	1 000	2 000	0
Financial Costs	167 000	97 000	61 000
Financial Balance	−166 000	−95 000	−61 000
Earnings Before Tax	−365 000	885 000	331 000
Tax	0	225 000	73 000
Net Income	−365 000	660 000	258 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 513 000	4 026 000	4 042 000
Total Current Assets	2 751 000	1 105 000	386 000
Total Assets	7 264 000	5 131 000	4 428 000
Total Retained Equity	247 000	611 000	258 000
Total Equity	1 177 000	641 000	288 000
Total Long-Term Debt	5 219 000	3 719 000	3 879 000
Total Current Debt	868 000	771 000	261 000
Total Equity and Debt	7 264 000	5 131 000	4 428 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 312 000	2 285 000	549 000
Other Income	2 917 000	117 000	0
Revenue	5 228 000	2 402 000	549 000
Cost of Goods Sold	703 000	600 000	34 000
Salary Costs	538 000	0	0
Depreciation	202 000	108 000	35 000
Impairment	0	0	0
Expenditure	5 426 000	1 422 000	157 000
Operating Profit	−198 000	980 000	392 000
Financial Income	1 000	2 000	0
Financial Costs	167 000	97 000	61 000
Financial Balance	−166 000	−95 000	−61 000
Dividends	0	0	0
Net Income	−365 000	660 000	258 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 268 000	3 954 000	4 016 000
Machinery and Plant Facilities	0	0	0
Fixtures	245 000	72 000	26 000
Total Tangible Assets	4 513 000	4 026 000	4 042 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 513 000	4 026 000	4 042 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 227 000	48 000	83 000
Total Current Assets	2 751 000	1 105 000	386 000
Total Assets	7 264 000	5 131 000	4 428 000
Total Equity	1 177 000	641 000	288 000
Short-Term Group Debt	344 000	505 000	180 000
Total Long-Term Debt	5 219 000	3 719 000	3 879 000
Creditors	258 000	116 000	−11 000
Unpaid Taxes	60 000	0	0
Dividends	0	0	0
Other Current Debt	206 000	0	31 000
Total Current Debt	868 000	771 000	261 000
Total Equity and Debt	7 264 000	5 131 000	4 428 000

Financial indicators	2022	2021	2020
Return on Equity	−31,01 %	102,96 %	89,58 %
Debt-to-Equity Ratio	4,43	5,8	13,47
Operating Profit Margin	−3,79 %	40,8 %	71,4 %
Current Ratio	3,17	1,43	1,48
Quick Ratio	3,17	1,43	1,48
Equity Ratio	0,16	0,12	0,07
Gross Profit Margin	86,55 %	75,02 %	93,81 %