GOLDEN AGE GROUP AS

1063 OSLO

Finances

Share Ownership

Return on Equity

−42,35 %

Current Ratio

1,36

Debt-to-Equity Ratio

−3,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	468 000	365 000	486 000	328 000
Net Income	36 000	114 000	199 000	−59 000
Total Assets	643 000	391 000	471 000	278 000
Total Equity	−85 000	−101 000	−176 000	−231 000

Income (NOK)	2022	2021	2020	2019
Revenue	468 000	365 000	486 000	328 000
Expenditure	419 000	227 000	246 000	387 000
Operating Profit	50 000	138 000	240 000	−59 000
Financial Income	0	8 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	8 000	0	0
Earnings Before Tax	49 000	146 000	240 000	−59 000
Tax	13 000	33 000	41 000	0
Net Income	36 000	114 000	199 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	643 000	391 000	471 000	278 000
Total Assets	643 000	391 000	471 000	278 000
Total Retained Equity	−230 000	−246 000	−320 000	−376 000
Total Equity	−85 000	−101 000	−176 000	−231 000
Total Long-Term Debt	256 000	256 000	86 000	132 000
Total Current Debt	472 000	237 000	561 000	377 000
Total Equity and Debt	643 000	391 000	471 000	278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	468 000	365 000	486 000	328 000
Other Income	0	0	0	0
Revenue	468 000	365 000	486 000	328 000
Cost of Goods Sold	0	0	0	0
Salary Costs	175 000	21 000	56 000	163 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	419 000	227 000	246 000	387 000
Operating Profit	50 000	138 000	240 000	−59 000
Financial Income	0	8 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	8 000	0	0
Dividends	0	0	0	0
Net Income	36 000	114 000	199 000	−59 000

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	488 000	178 000	316 000	192 000
Total Current Assets	643 000	391 000	471 000	278 000
Total Assets	643 000	391 000	471 000	278 000
Total Equity	−85 000	−101 000	−176 000	−231 000
Short-Term Group Debt	75 000	50 000	184 000	0
Total Long-Term Debt	256 000	256 000	86 000	132 000
Creditors	8 000	4 000	0	0
Unpaid Taxes	41 000	37 000	46 000	35 000
Dividends	0	0	0	0
Other Current Debt	340 000	124 000	330 000	342 000
Total Current Debt	472 000	237 000	561 000	377 000
Total Equity and Debt	643 000	391 000	471 000	278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,35 %	−112,87 %	−113,07 %	25,54 %
Debt-to-Equity Ratio	−3,01	−2,53	−0,49	−0,57
Operating Profit Margin	10,68 %	37,81 %	49,38 %	−17,99 %
Current Ratio	1,36	1,65	0,84	0,74
Quick Ratio	1,36	1,65	0,84	0,74
Equity Ratio	−0,13	−0,26	−0,37	−0,83
Gross Profit Margin	100 %	100 %	100 %	100 %