CARDINAL ASSETS AS

2630 RINGEBU

Finances

Share Ownership

Return on Equity

4,21 %

Current Ratio

2,8

Debt-to-Equity Ratio

−1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	182 000	186 000	182 000
Net Income	−75 000	−8 000	−14 000	−5 000
Total Assets	339 000	205 000	116 000	226 000
Total Equity	−1 780 000	−1 705 000	−1 697 000	−1 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	182 000	186 000	182 000
Expenditure	288 000	193 000	183 000	162 000
Operating Profit	−97 000	−11 000	2 000	20 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	20 000	27 000
Financial Balance	1 000	0	−20 000	−26 000
Earnings Before Tax	−96 000	−11 000	−18 000	−6 000
Tax	−21 000	−2 000	−4 000	−1 000
Net Income	−75 000	−8 000	−14 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	339 000	205 000	116 000	226 000
Total Assets	339 000	205 000	116 000	226 000
Total Retained Equity	−3 483 000	−3 408 000	−3 400 000	−3 386 000
Total Equity	−1 780 000	−1 705 000	−1 697 000	−1 683 000
Total Long-Term Debt	1 998 000	1 791 000	1 693 000	1 785 000
Total Current Debt	121 000	118 000	119 000	123 000
Total Equity and Debt	339 000	205 000	116 000	226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 000	0
Other Income	191 000	182 000	182 000	182 000
Revenue	191 000	182 000	186 000	182 000
Cost of Goods Sold	0	0	0	0
Salary Costs	115 000	117 000	114 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	288 000	193 000	183 000	162 000
Operating Profit	−97 000	−11 000	2 000	20 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	20 000	27 000
Financial Balance	1 000	0	−20 000	−26 000
Dividends	0	0	0	0
Net Income	−75 000	−8 000	−14 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	205 000	116 000	226 000
Total Current Assets	339 000	205 000	116 000	226 000
Total Assets	339 000	205 000	116 000	226 000
Total Equity	−1 780 000	−1 705 000	−1 697 000	−1 683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 998 000	1 791 000	1 693 000	1 785 000
Creditors	50 000	25 000	24 000	24 000
Unpaid Taxes	64 000	64 000	64 000	64 000
Dividends	0	0	0	0
Other Current Debt	8 000	20 000	20 000	17 000
Total Current Debt	121 000	118 000	119 000	123 000
Total Equity and Debt	339 000	205 000	116 000	226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,21 %	0,47 %	0,82 %	0,3 %
Debt-to-Equity Ratio	−1,12	−1,05	−1	−1,06
Operating Profit Margin	−50,79 %	−6,04 %	1,08 %	10,99 %
Current Ratio	2,8	1,74	0,97	1,84
Quick Ratio	2,8	1,74	0,97	1,84
Equity Ratio	−5,25	−8,32	−14,63	−7,45
Gross Profit Margin	100 %	100 %	100 %	100 %