SHARENET AS

4014 STAVANGER

Finances

Return on Equity

−878,91 %

Current Ratio

0,01

Debt-to-Equity Ratio

−18,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	75 000	630 000	50 000
Net Income	1 292 000	−1 976 000	432 000	−327 000
Total Assets	2 783 000	5 215 000	7 569 000	9 053 000
Total Equity	−147 000	−1 438 000	76 000	−295 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	75 000	630 000	50 000
Expenditure	35 000	155 000	74 000	343 000
Operating Profit	−35 000	−80 000	556 000	−293 000
Financial Income	0	1 851 000	22 000	0
Financial Costs	−1 326 000	3 747 000	128 000	34 000
Financial Balance	1 326 000	−1 896 000	−106 000	−34 000
Earnings Before Tax	1 292 000	−1 976 000	449 000	−327 000
Tax	0	0	17 000	0
Net Income	1 292 000	−1 976 000	432 000	−327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 781 000	3 315 000	6 978 000	6 819 000
Total Current Assets	2 000	1 900 000	591 000	2 234 000
Total Assets	2 783 000	5 215 000	7 569 000	9 053 000
Total Retained Equity	−908 000	−2 199 000	−285 000	−656 000
Total Equity	−147 000	−1 438 000	76 000	−295 000
Total Long-Term Debt	2 745 000	6 495 000	7 186 000	9 257 000
Total Current Debt	185 000	159 000	307 000	91 000
Total Equity and Debt	2 783 000	5 215 000	7 569 000	9 053 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	75 000	630 000	50 000
Revenue	0	75 000	630 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 000	155 000	74 000	343 000
Operating Profit	−35 000	−80 000	556 000	−293 000
Financial Income	0	1 851 000	22 000	0
Financial Costs	−1 326 000	3 747 000	128 000	34 000
Financial Balance	1 326 000	−1 896 000	−106 000	−34 000
Dividends	0	0	0	0
Net Income	1 292 000	−1 976 000	432 000	−327 000

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	2 781 000	3 315 000	6 978 000	6 819 000
Total Fixed Assets	2 781 000	3 315 000	6 978 000	6 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	88 000	521 000	2 234 000
Total Current Assets	2 000	1 900 000	591 000	2 234 000
Total Assets	2 783 000	5 215 000	7 569 000	9 053 000
Total Equity	−147 000	−1 438 000	76 000	−295 000
Short-Term Group Debt	0	0	79 000	0
Total Long-Term Debt	2 745 000	6 495 000	7 186 000	9 257 000
Creditors	0	60 000	0	58 000
Unpaid Taxes	0	0	33 000	0
Dividends	0	0	0	0
Other Current Debt	185 000	99 000	195 000	33 000
Total Current Debt	185 000	159 000	307 000	91 000
Total Equity and Debt	2 783 000	5 215 000	7 569 000	9 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−878,91 %	137,41 %	568,42 %	110,85 %
Debt-to-Equity Ratio	−18,67	−4,52	94,55	−31,38
Operating Profit Margin	-	−106,67 %	88,25 %	−586 %
Current Ratio	0,01	11,95	1,93	24,55
Quick Ratio	0,01	11,95	1,93	24,55
Equity Ratio	−0,05	−0,28	0,01	−0,03
Gross Profit Margin	-	100 %	100 %	100 %