APPLIED COST CUT AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

−136,84 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	958 000	556 000	288 000	666 000
Net Income	−130 000	232 000	−174 000	285 000
Total Assets	230 000	493 000	92 000	566 000
Total Equity	95 000	225 000	−8 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	958 000	556 000	288 000	666 000
Expenditure	1 087 000	259 000	527 000	300 000
Operating Profit	−129 000	298 000	−238 000	366 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	−16 000	7 000
Financial Balance	−1 000	0	16 000	−7 000
Earnings Before Tax	−130 000	298 000	−222 000	359 000
Tax	0	66 000	−49 000	73 000
Net Income	−130 000	232 000	−174 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	34 000	34 000	34 000
Total Current Assets	196 000	458 000	57 000	532 000
Total Assets	230 000	493 000	92 000	566 000
Total Retained Equity	−5 000	125 000	−108 000	66 000
Total Equity	95 000	225 000	−8 000	166 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	135 000	268 000	99 000	400 000
Total Equity and Debt	230 000	493 000	92 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	958 000	556 000	288 000	666 000
Other Income	0	0	0	0
Revenue	958 000	556 000	288 000	666 000
Cost of Goods Sold	0	0	0	0
Salary Costs	922 000	209 000	408 000	263 000
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	1 087 000	259 000	527 000	300 000
Operating Profit	−129 000	298 000	−238 000	366 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	−16 000	7 000
Financial Balance	−1 000	0	16 000	−7 000
Dividends	0	0	0	0
Net Income	−130 000	232 000	−174 000	285 000

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	34 000	34 000	34 000	34 000
Total Tangible Assets	34 000	34 000	34 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	34 000	34 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	330 000	2 000	169 000
Total Current Assets	196 000	458 000	57 000	532 000
Total Assets	230 000	493 000	92 000	566 000
Total Equity	95 000	225 000	−8 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	4 000	2 000	3 000
Unpaid Taxes	17 000	162 000	11 000	208 000
Dividends	0	0	0	0
Other Current Debt	113 000	36 000	86 000	116 000
Total Current Debt	135 000	268 000	99 000	400 000
Total Equity and Debt	230 000	493 000	92 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,84 %	103,11 %	2 175 %	171,69 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−13,47 %	53,6 %	−82,64 %	54,95 %
Current Ratio	1,45	1,71	0,58	1,33
Quick Ratio	1,45	1,71	0,58	1,33
Equity Ratio	0,41	0,46	−0,09	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %