SULTEN AS

4407 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−46,65 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	303 000	382 000	0
Net Income	−2 510 000	−1 302 000	−185 000
Total Assets	6 574 000	2 191 000	3 148 000
Total Equity	5 381 000	1 604 000	2 204 000

Income (NOK)	2022	2021	2020
Revenue	303 000	382 000	0
Expenditure	2 812 000	1 684 000	185 000
Operating Profit	−2 510 000	−1 302 000	−185 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−2 510 000	−1 302 000	−185 000
Tax	0	0	0
Net Income	−2 510 000	−1 302 000	−185 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 872 000	1 534 000	1 389 000
Total Current Assets	4 702 000	657 000	1 759 000
Total Assets	6 574 000	2 191 000	3 148 000
Total Retained Equity	−3 997 000	−1 487 000	−185 000
Total Equity	5 381 000	1 604 000	2 204 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 193 000	587 000	944 000
Total Equity and Debt	6 574 000	2 191 000	3 148 000

Cash flow (NOK)	2022	2021	2020
Sales Income	303 000	382 000	0
Other Income	0	0	0
Revenue	303 000	382 000	0
Cost of Goods Sold	0	30 000	0
Salary Costs	1 563 000	1 277 000	0
Depreciation	497 000	93 000	0
Impairment	0	0	0
Expenditure	2 812 000	1 684 000	185 000
Operating Profit	−2 510 000	−1 302 000	−185 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−2 510 000	−1 302 000	−185 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 854 000	1 502 000	1 389 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	19 000	32 000	0
Total Tangible Assets	19 000	32 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 872 000	1 534 000	1 389 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 690 000	593 000	1 759 000
Total Current Assets	4 702 000	657 000	1 759 000
Total Assets	6 574 000	2 191 000	3 148 000
Total Equity	5 381 000	1 604 000	2 204 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	102 000	154 000
Unpaid Taxes	201 000	80 000	0
Dividends	0	0	0
Other Current Debt	987 000	406 000	789 000
Total Current Debt	1 193 000	587 000	944 000
Total Equity and Debt	6 574 000	2 191 000	3 148 000

Financial indicators	2022	2021	2020
Return on Equity	−46,65 %	−81,17 %	−8,39 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−828,38 %	−340,84 %	-
Current Ratio	3,94	1,12	1,86
Quick Ratio	3,94	1,12	1,86
Equity Ratio	0,82	0,73	0,7
Gross Profit Margin	100 %	92,15 %	-