INITIATIVES OF CHANGE NORGE

0264 OSLO

Finances

Return on Equity

−0,62 %

Current Ratio

15,67

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	761 000	776 000	1 019 000	1 167 000
Net Income	−17 000	−47 000	38 000	269 000
Total Assets	3 275 000	3 285 000	3 334 000	3 314 000
Total Equity	2 732 000	2 745 000	2 792 000	2 753 000

Income (NOK)	2022	2021	2020	2019
Revenue	761 000	776 000	1 019 000	1 167 000
Expenditure	779 000	840 000	995 000	1 016 000
Operating Profit	−18 000	−63 000	23 000	151 000
Financial Income	20 000	18 000	20 000	122 000
Financial Costs	1 000	1 000	0	0
Financial Balance	19 000	17 000	20 000	122 000
Earnings Before Tax	1 000	−46 000	43 000	274 000
Tax	18 000	1 000	5 000	5 000
Net Income	−17 000	−47 000	38 000	269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 112 000	1 112 000	1 158 000	1 204 000
Total Current Assets	2 163 000	2 172 000	2 176 000	2 110 000
Total Assets	3 275 000	3 285 000	3 334 000	3 314 000
Total Retained Equity	2 727 000	2 740 000	2 787 000	2 748 000
Total Equity	2 732 000	2 745 000	2 792 000	2 753 000
Total Long-Term Debt	406 000	406 000	406 000	406 000
Total Current Debt	138 000	135 000	137 000	155 000
Total Equity and Debt	3 275 000	3 285 000	3 334 000	3 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	761 000	0	0	437 000
Other Income	0	776 000	1 019 000	730 000
Revenue	761 000	776 000	1 019 000	1 167 000
Cost of Goods Sold	0	0	0	0
Salary Costs	233 000	233 000	285 000	301 000
Depreciation	0	0	0	352 000
Impairment	0	0	0	33 000
Expenditure	779 000	840 000	995 000	1 016 000
Operating Profit	−18 000	−63 000	23 000	151 000
Financial Income	20 000	18 000	20 000	122 000
Financial Costs	1 000	1 000	0	0
Financial Balance	19 000	17 000	20 000	122 000
Dividends	0	0	0	0
Net Income	−17 000	−47 000	38 000	269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 112 000	1 112 000	1 112 000	1 112 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	46 000	92 000
Total Tangible Assets	1 112 000	1 112 000	1 158 000	1 204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 112 000	1 112 000	1 158 000	1 204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 072 000	2 097 000	2 092 000	2 050 000
Total Current Assets	2 163 000	2 172 000	2 176 000	2 110 000
Total Assets	3 275 000	3 285 000	3 334 000	3 314 000
Total Equity	2 732 000	2 745 000	2 792 000	2 753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	406 000	406 000	406 000	406 000
Creditors	54 000	66 000	63 000	74 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	66 000	66 000	70 000	78 000
Total Current Debt	138 000	135 000	137 000	155 000
Total Equity and Debt	3 275 000	3 285 000	3 334 000	3 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,62 %	−1,71 %	1,36 %	9,77 %
Debt-to-Equity Ratio	0,15	0,15	0,15	0,15
Operating Profit Margin	−2,37 %	−8,12 %	2,26 %	12,94 %
Current Ratio	15,67	16,09	15,88	13,61
Quick Ratio	15,67	16,09	15,88	13,61
Equity Ratio	0,83	0,84	0,84	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %