DUCT SYSTEMS AS

4354 VOLL

Finances

Share Ownership

Return on Equity

−40 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	646 000	211 000
Net Income	−64 000	−160 000	−6 000
Total Assets	225 000	403 000	394 000
Total Equity	160 000	−136 000	24 000

Income (NOK)	2022	2021	2020
Revenue	0	646 000	211 000
Expenditure	64 000	805 000	217 000
Operating Profit	−64 000	−159 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−64 000	−160 000	−6 000
Tax	0	0	0
Net Income	−64 000	−160 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	141 000	188 000	236 000
Total Current Assets	84 000	215 000	159 000
Total Assets	225 000	403 000	394 000
Total Retained Equity	−230 000	−166 000	−6 000
Total Equity	160 000	−136 000	24 000
Total Long-Term Debt	0	0	0
Total Current Debt	65 000	540 000	371 000
Total Equity and Debt	225 000	403 000	394 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	57 000	0
Other Income	0	589 000	211 000
Revenue	0	646 000	211 000
Cost of Goods Sold	0	0	0
Salary Costs	80 000	269 000	70 000
Depreciation	47 000	47 000	1 000
Impairment	0	0	0
Expenditure	64 000	805 000	217 000
Operating Profit	−64 000	−159 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−64 000	−160 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	126 000	168 000	211 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	15 000	20 000	25 000
Total Tangible Assets	15 000	20 000	25 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	141 000	188 000	236 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	12 000	6 000	159 000
Total Current Assets	84 000	215 000	159 000
Total Assets	225 000	403 000	394 000
Total Equity	160 000	−136 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	19 000	251 000	28 000
Unpaid Taxes	39 000	7 000	24 000
Dividends	0	0	0
Other Current Debt	6 000	282 000	318 000
Total Current Debt	65 000	540 000	371 000
Total Equity and Debt	225 000	403 000	394 000

Financial indicators	2022	2021	2020
Return on Equity	−40 %	117,65 %	−25 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	-	−24,61 %	−2,84 %
Current Ratio	1,29	0,4	0,43
Quick Ratio	1,29	0,4	0,43
Equity Ratio	0,71	−0,34	0,06
Gross Profit Margin	-	100 %	100 %