TEAM X AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

15,87 %

Current Ratio

4,33

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	86 000	21 000	0
Net Income	10 000	−27 000	−16 000
Total Assets	68 000	92 000	119 000
Total Equity	63 000	52 000	79 000

Income (NOK)	2022	2021	2020
Revenue	86 000	21 000	0
Expenditure	71 000	48 000	15 000
Operating Profit	16 000	−27 000	−16 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	16 000	−27 000	−16 000
Tax	5 000	0	0
Net Income	10 000	−27 000	−16 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	55 000	71 000	113 000
Total Current Assets	13 000	21 000	5 000
Total Assets	68 000	92 000	119 000
Total Retained Equity	−37 000	−42 000	−16 000
Total Equity	63 000	52 000	79 000
Total Long-Term Debt	2 000	40 000	40 000
Total Current Debt	3 000	0	0
Total Equity and Debt	68 000	92 000	119 000

Cash flow (NOK)	2022	2021	2020
Sales Income	86 000	21 000	0
Other Income	0	0	0
Revenue	86 000	21 000	0
Cost of Goods Sold	76 000	0	0
Salary Costs	0	0	0
Depreciation	16 000	43 000	14 000
Impairment	0	0	0
Expenditure	71 000	48 000	15 000
Operating Profit	16 000	−27 000	−16 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	10 000	−27 000	−16 000

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	55 000	71 000	113 000
Total Tangible Assets	55 000	71 000	113 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	55 000	71 000	113 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	13 000	0	5 000
Total Current Assets	13 000	21 000	5 000
Total Assets	68 000	92 000	119 000
Total Equity	63 000	52 000	79 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	40 000	40 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	3 000	0	0
Total Equity and Debt	68 000	92 000	119 000

Financial indicators	2022	2021	2020
Return on Equity	15,87 %	−51,92 %	−20,25 %
Debt-to-Equity Ratio	0,03	0,77	0,51
Operating Profit Margin	18,6 %	−128,57 %	-
Current Ratio	4,33	-	-
Quick Ratio	4,33	-	-
Equity Ratio	0,93	0,57	0,66
Gross Profit Margin	11,63 %	100 %	-