X BRANDS AS

0151 OSLO

Finances

Return on Equity

80,33 %

Current Ratio

1,08

Debt-to-Equity Ratio

−6,33

Key figures (NOK)	2022	2021	2020
Revenue	281 000	882 000	1 514 000
Net Income	−4 778 000	−2 935 000	−358 000
Total Assets	32 147 000	32 101 000	3 313 000
Total Equity	−5 948 000	−1 180 000	1 756 000

Income (NOK)	2022	2021	2020
Revenue	281 000	882 000	1 514 000
Expenditure	2 363 000	3 813 000	1 872 000
Operating Profit	−2 082 000	−2 931 000	−357 000
Financial Income	0	0	0
Financial Costs	2 696 000	5 000	1 000
Financial Balance	−2 696 000	−5 000	−1 000
Earnings Before Tax	−4 778 000	−2 935 000	−358 000
Tax	0	0	0
Net Income	−4 778 000	−2 935 000	−358 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	31 670 000	31 654 000	1 434 000
Total Current Assets	477 000	448 000	1 879 000
Total Assets	32 147 000	32 101 000	3 313 000
Total Retained Equity	−8 062 000	−3 293 000	−358 000
Total Equity	−5 948 000	−1 180 000	1 756 000
Total Long-Term Debt	37 654 000	0	0
Total Current Debt	441 000	33 281 000	1 557 000
Total Equity and Debt	32 147 000	32 101 000	3 313 000

Cash flow (NOK)	2022	2021	2020
Sales Income	281 000	882 000	1 434 000
Other Income	0	0	80 000
Revenue	281 000	882 000	1 514 000
Cost of Goods Sold	0	100 000	329 000
Salary Costs	1 687 000	2 271 000	577 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 363 000	3 813 000	1 872 000
Operating Profit	−2 082 000	−2 931 000	−357 000
Financial Income	0	0	0
Financial Costs	2 696 000	5 000	1 000
Financial Balance	−2 696 000	−5 000	−1 000
Dividends	0	0	0
Net Income	−4 778 000	−2 935 000	−358 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	31 670 000	31 654 000	1 434 000
Total Fixed Assets	31 670 000	31 654 000	1 434 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	95 000	347 000	1 799 000
Total Current Assets	477 000	448 000	1 879 000
Total Assets	32 147 000	32 101 000	3 313 000
Total Equity	−5 948 000	−1 180 000	1 756 000
Short-Term Group Debt	240 000	32 963 000	1 194 000
Total Long-Term Debt	37 654 000	0	0
Creditors	1 000	6 000	100 000
Unpaid Taxes	50 000	181 000	216 000
Dividends	0	0	0
Other Current Debt	150 000	131 000	47 000
Total Current Debt	441 000	33 281 000	1 557 000
Total Equity and Debt	32 147 000	32 101 000	3 313 000

Financial indicators	2022	2021	2020
Return on Equity	80,33 %	248,73 %	−20,39 %
Debt-to-Equity Ratio	−6,33	−0	0
Operating Profit Margin	−740,93 %	−332,31 %	−23,58 %
Current Ratio	1,08	0,01	1,21
Quick Ratio	1,08	0,01	1,21
Equity Ratio	−0,19	−0,04	0,53
Gross Profit Margin	100 %	88,66 %	78,27 %