THE HOUSE OF COGNAC AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

−111,11 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	9 000	82 000	552 000
Net Income	−20 000	−14 000	−3 000	−4 000
Total Assets	57 000	65 000	75 000	181 000
Total Equity	18 000	38 000	52 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	9 000	82 000	552 000
Expenditure	21 000	23 000	76 000	532 000
Operating Profit	−20 000	−13 000	6 000	20 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	2 000
Financial Balance	0	0	−4 000	−2 000
Earnings Before Tax	−20 000	−14 000	2 000	18 000
Tax	0	0	5 000	22 000
Net Income	−20 000	−14 000	−3 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	64 000	72 000	80 000
Total Current Assets	0	0	3 000	101 000
Total Assets	57 000	65 000	75 000	181 000
Total Retained Equity	−182 000	−162 000	−148 000	−145 000
Total Equity	18 000	38 000	52 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 000	26 000	23 000	126 000
Total Equity and Debt	57 000	65 000	75 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	9 000	82 000	552 000
Other Income	0	0	0	0
Revenue	0	9 000	82 000	552 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	4 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	21 000	23 000	76 000	532 000
Operating Profit	−20 000	−13 000	6 000	20 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	2 000
Financial Balance	0	0	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−20 000	−14 000	−3 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 000	64 000	72 000	80 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	57 000	64 000	72 000	80 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	64 000	72 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	3 000	101 000
Total Current Assets	0	0	3 000	101 000
Total Assets	57 000	65 000	75 000	181 000
Total Equity	18 000	38 000	52 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	26 000
Unpaid Taxes	0	0	0	75 000
Dividends	0	0	0	0
Other Current Debt	39 000	26 000	20 000	2 000
Total Current Debt	39 000	26 000	23 000	126 000
Total Equity and Debt	57 000	65 000	75 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,11 %	−36,84 %	−5,77 %	−7,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−144,44 %	7,32 %	3,62 %
Current Ratio	0	0	0,13	0,8
Quick Ratio	0	0	0,13	0,8
Equity Ratio	0,32	0,58	0,69	0,3
Gross Profit Margin	-	100 %	100 %	100 %