DESIGND2INSPIRE AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

39,53 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,73

Key figures (NOK)	2022	2021	2020
Revenue	1 287 000	3 091 000	0
Net Income	−306 000	−493 000	0
Total Assets	486 000	1 143 000	30 000
Total Equity	−774 000	−468 000	24 000

Income (NOK)	2022	2021
Revenue	1 287 000	3 091 000
Expenditure	1 544 000	3 549 000
Operating Profit	−257 000	−458 000
Financial Income	0	0
Financial Costs	49 000	35 000
Financial Balance	−49 000	−35 000
Earnings Before Tax	−306 000	−493 000
Tax	0	0
Net Income	−306 000	−493 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	429 000	657 000	0
Total Current Assets	57 000	486 000	30 000
Total Assets	486 000	1 143 000	30 000
Total Retained Equity	−798 000	−493 000	0
Total Equity	−774 000	−468 000	24 000
Total Long-Term Debt	566 000	735 000	0
Total Current Debt	694 000	877 000	6 000
Total Equity and Debt	486 000	1 143 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	1 287 000	3 091 000
Other Income	0	0
Revenue	1 287 000	3 091 000
Cost of Goods Sold	604 000	2 279 000
Salary Costs	305 000	347 000
Depreciation	143 000	143 000
Impairment	0	0
Expenditure	1 544 000	3 549 000
Operating Profit	−257 000	−458 000
Financial Income	0	0
Financial Costs	49 000	35 000
Financial Balance	−49 000	−35 000
Dividends	0	0
Net Income	−306 000	−493 000

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	429 000	572 000	0
Total Tangible Assets	429 000	572 000	0
Total Fiancial Fixed Assets	0	85 000	0
Total Fixed Assets	429 000	657 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	110 000	30 000
Total Current Assets	57 000	486 000	30 000
Total Assets	486 000	1 143 000	30 000
Total Equity	−774 000	−468 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	566 000	735 000	0
Creditors	46 000	166 000	0
Unpaid Taxes	8 000	95 000	0
Dividends	0	0	0
Other Current Debt	640 000	616 000	6 000
Total Current Debt	694 000	877 000	6 000
Total Equity and Debt	486 000	1 143 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	39,53 %	105,34 %	0 %
Debt-to-Equity Ratio	−0,73	−1,57	0
Operating Profit Margin	−19,97 %	−14,82 %	-
Current Ratio	0,08	0,55	5
Quick Ratio	0,08	0,55	5
Equity Ratio	−1,59	−0,41	0,8
Gross Profit Margin	53,07 %	26,27 %	-