SUMMIT AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

−76,78 %

Current Ratio

6,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	87 000	259 000	693 000
Net Income	−529 000	−586 000	−619 000	−743 000
Total Assets	804 000	1 350 000	4 991 000	5 694 000
Total Equity	689 000	1 218 000	4 904 000	5 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	87 000	259 000	693 000
Expenditure	535 000	716 000	954 000	1 528 000
Operating Profit	−535 000	−627 000	−694 000	−836 000
Financial Income	6 000	43 000	75 000	93 000
Financial Costs	0	1 000	0	0
Financial Balance	6 000	42 000	75 000	93 000
Earnings Before Tax	−529 000	−586 000	−619 000	−743 000
Tax	0	0	0	0
Net Income	−529 000	−586 000	−619 000	−743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	29 000	3 053 000	3 099 000
Total Current Assets	785 000	1 321 000	1 938 000	2 596 000
Total Assets	804 000	1 350 000	4 991 000	5 694 000
Total Retained Equity	589 000	1 118 000	4 804 000	5 423 000
Total Equity	689 000	1 218 000	4 904 000	5 523 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	115 000	132 000	87 000	172 000
Total Equity and Debt	804 000	1 350 000	4 991 000	5 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	9 000	141 000	285 000
Other Income	0	79 000	118 000	408 000
Revenue	0	87 000	259 000	693 000
Cost of Goods Sold	0	134 000	220 000	323 000
Salary Costs	261 000	261 000	431 000	772 000
Depreciation	10 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	535 000	716 000	954 000	1 528 000
Operating Profit	−535 000	−627 000	−694 000	−836 000
Financial Income	6 000	43 000	75 000	93 000
Financial Costs	0	1 000	0	0
Financial Balance	6 000	42 000	75 000	93 000
Dividends	0	3 100 000	0	0
Net Income	−529 000	−586 000	−619 000	−743 000

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	19 000	29 000	0	0
Total Tangible Assets	19 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	3 053 000	3 099 000
Total Fixed Assets	19 000	29 000	3 053 000	3 099 000
Stock	32 000	32 000	64 000	128 000
Total Investments	0	0	0	0
Cash, Bank	738 000	1 283 000	1 870 000	2 447 000
Total Current Assets	785 000	1 321 000	1 938 000	2 596 000
Total Assets	804 000	1 350 000	4 991 000	5 694 000
Total Equity	689 000	1 218 000	4 904 000	5 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	16 000	9 000	−1 000
Unpaid Taxes	31 000	15 000	39 000	68 000
Dividends	0	3 100 000	0	0
Other Current Debt	72 000	101 000	39 000	104 000
Total Current Debt	115 000	132 000	87 000	172 000
Total Equity and Debt	804 000	1 350 000	4 991 000	5 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,78 %	−48,11 %	−12,62 %	−13,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−720,69 %	−267,95 %	−120,63 %
Current Ratio	6,83	10,01	22,28	15,09
Quick Ratio	9,46	13,21	84,26	59
Equity Ratio	0,86	0,9	0,98	0,97
Gross Profit Margin	-	−54,02 %	15,06 %	53,39 %