ACCOUNT BUSINESS PARTNER Arne Herigstad

4618 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−14,47 %

Current Ratio

0,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 000	428 000	488 000	479 000
Net Income	−330 000	−500 000	411 000	−268 000
Total Assets	2 692 000	3 993 000	4 430 000	6 060 000
Total Equity	2 280 000	3 728 000	4 108 000	1 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	415 000	428 000	488 000	479 000
Expenditure	118 000	99 000	178 000	183 000
Operating Profit	296 000	329 000	310 000	297 000
Financial Income	1 000	2 000	1 132 000	1 000
Financial Costs	626 000	831 000	1 031 000	566 000
Financial Balance	−625 000	−829 000	101 000	−565 000
Earnings Before Tax	−330 000	−500 000	411 000	−268 000
Tax	0	0	0	0
Net Income	−330 000	−500 000	411 000	−268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 421 000	3 730 000	2 972 000	6 040 000
Total Current Assets	272 000	263 000	1 458 000	20 000
Total Assets	2 692 000	3 993 000	4 430 000	6 060 000
Total Retained Equity	2 280 000	756 000	4 108 000	1 439 000
Total Equity	2 280 000	3 728 000	4 108 000	1 439 000
Total Long-Term Debt	0	0	0	4 478 000
Total Current Debt	412 000	265 000	322 000	143 000
Total Equity and Debt	2 692 000	3 993 000	4 430 000	6 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	14 000	16 000	345 000
Other Income	408 000	414 000	473 000	134 000
Revenue	415 000	428 000	488 000	479 000
Cost of Goods Sold	0	0	10 000	0
Salary Costs	0	0	0	0
Depreciation	114 000	95 000	36 000	55 000
Impairment	0	0	0	0
Expenditure	118 000	99 000	178 000	183 000
Operating Profit	296 000	329 000	310 000	297 000
Financial Income	1 000	2 000	1 132 000	1 000
Financial Costs	626 000	831 000	1 031 000	566 000
Financial Balance	−625 000	−829 000	101 000	−565 000
Dividends	0	0	0	0
Net Income	−330 000	−500 000	411 000	−268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	100 000	100 000	2 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	366 000	820 000	805 000	979 000
Total Tangible Assets	366 000	920 000	905 000	3 479 000
Total Fiancial Fixed Assets	2 054 000	2 810 000	2 067 000	2 561 000
Total Fixed Assets	2 421 000	3 730 000	2 972 000	6 040 000
Stock	0	2 000	2 000	4 000
Total Investments	147 000	113 000	1 050 000	0
Cash, Bank	24 000	45 000	289 000	16 000
Total Current Assets	272 000	263 000	1 458 000	20 000
Total Assets	2 692 000	3 993 000	4 430 000	6 060 000
Total Equity	2 280 000	3 728 000	4 108 000	1 439 000
Short-Term Group Debt	5 000	0	0	75 000
Total Long-Term Debt	0	0	0	4 478 000
Creditors	0	17 000	17 000	53 000
Unpaid Taxes	0	162 000	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	21 000	255 000	15 000
Total Current Debt	412 000	265 000	322 000	143 000
Total Equity and Debt	2 692 000	3 993 000	4 430 000	6 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,47 %	−13,41 %	10 %	−18,62 %
Debt-to-Equity Ratio	0	0	0	3,11
Operating Profit Margin	71,33 %	76,87 %	63,52 %	62 %
Current Ratio	0,66	0,99	4,53	0,14
Quick Ratio	0,66	1	4,56	0,14
Equity Ratio	0,85	0,93	0,93	0,24
Gross Profit Margin	100 %	100 %	97,95 %	100 %