DEVELOPMENT TODAY AS

1391 VOLLEN

Finances

Share Ownership

Return on Equity

8,8 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	467 000	438 000	368 000
Net Income	−124 000	−131 000	−159 000	−215 000
Total Assets	302 000	371 000	356 000	293 000
Total Equity	−1 409 000	−1 285 000	−1 154 000	−995 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	467 000	438 000	368 000
Expenditure	632 000	596 000	593 000	581 000
Operating Profit	−122 000	−128 000	−155 000	−213 000
Financial Income	1 000	3 000	4 000	1 000
Financial Costs	4 000	6 000	7 000	3 000
Financial Balance	−3 000	−3 000	−3 000	−2 000
Earnings Before Tax	−124 000	−131 000	−159 000	−215 000
Tax	0	0	0	0
Net Income	−124 000	−131 000	−159 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	103 000	128 000	0
Total Current Assets	225 000	268 000	227 000	293 000
Total Assets	302 000	371 000	356 000	293 000
Total Retained Equity	−1 509 000	−1 385 000	−1 254 000	−1 095 000
Total Equity	−1 409 000	−1 285 000	−1 154 000	−995 000
Total Long-Term Debt	1 045 000	1 116 000	954 000	964 000
Total Current Debt	665 000	540 000	555 000	325 000
Total Equity and Debt	302 000	371 000	356 000	293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	467 000	438 000	345 000
Other Income	0	0	0	23 000
Revenue	510 000	467 000	438 000	368 000
Cost of Goods Sold	20 000	0	22 000	16 000
Salary Costs	452 000	444 000	402 000	446 000
Depreciation	26 000	26 000	26 000	0
Impairment	0	0	0	0
Expenditure	632 000	596 000	593 000	581 000
Operating Profit	−122 000	−128 000	−155 000	−213 000
Financial Income	1 000	3 000	4 000	1 000
Financial Costs	4 000	6 000	7 000	3 000
Financial Balance	−3 000	−3 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	−124 000	−131 000	−159 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	103 000	128 000	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	77 000	103 000	128 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	153 000	43 000	118 000
Total Current Assets	225 000	268 000	227 000	293 000
Total Assets	302 000	371 000	356 000	293 000
Total Equity	−1 409 000	−1 285 000	−1 154 000	−995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 045 000	1 116 000	954 000	964 000
Creditors	97 000	69 000	65 000	23 000
Unpaid Taxes	61 000	65 000	57 000	111 000
Dividends	0	0	0	0
Other Current Debt	508 000	406 000	433 000	190 000
Total Current Debt	665 000	540 000	555 000	325 000
Total Equity and Debt	302 000	371 000	356 000	293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,8 %	10,19 %	13,78 %	21,61 %
Debt-to-Equity Ratio	−0,74	−0,87	−0,83	−0,97
Operating Profit Margin	−23,92 %	−27,41 %	−35,39 %	−57,88 %
Current Ratio	0,34	0,5	0,41	0,9
Quick Ratio	0,34	0,5	0,41	0,9
Equity Ratio	−4,67	−3,46	−3,24	−3,4
Gross Profit Margin	96,08 %	100 %	94,98 %	95,65 %