CONNECT MIDT-NORGE

7043 TRONDHEIM

Finances

Return on Equity

526,92 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 538 000	780 000	2 330 000
Net Income	−274 000	−94 000	−323 000	−18 000
Total Assets	225 000	462 000	511 000	1 184 000
Total Equity	−52 000	223 000	317 000	640 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 285 000	1 538 000	780 000	2 330 000
Expenditure	1 559 000	1 631 000	1 103 000	2 343 000
Operating Profit	−273 000	−94 000	−324 000	−13 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	5 000
Financial Balance	−1 000	0	0	−5 000
Earnings Before Tax	−274 000	−94 000	−323 000	−18 000
Tax	0	0	0	0
Net Income	−274 000	−94 000	−323 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	0	0
Total Current Assets	223 000	462 000	511 000	1 184 000
Total Assets	225 000	462 000	511 000	1 184 000
Total Retained Equity	−352 000	−77 000	17 000	340 000
Total Equity	−52 000	223 000	317 000	640 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	277 000	240 000	194 000	544 000
Total Equity and Debt	225 000	462 000	511 000	1 184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	173 000	534 000	238 000	0
Other Income	1 112 000	1 004 000	542 000	2 330 000
Revenue	1 285 000	1 538 000	780 000	2 330 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 060 000	894 000	68 000	1 355 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 559 000	1 631 000	1 103 000	2 343 000
Operating Profit	−273 000	−94 000	−324 000	−13 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	5 000
Financial Balance	−1 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	−274 000	−94 000	−323 000	−18 000

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	3 000	0	0	0
Total Fixed Assets	3 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	198 000	14 000	332 000
Total Current Assets	223 000	462 000	511 000	1 184 000
Total Assets	225 000	462 000	511 000	1 184 000
Total Equity	−52 000	223 000	317 000	640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	75 000	35 000	98 000	76 000
Unpaid Taxes	68 000	78 000	25 000	71 000
Dividends	0	0	0	0
Other Current Debt	134 000	126 000	71 000	397 000
Total Current Debt	277 000	240 000	194 000	544 000
Total Equity and Debt	225 000	462 000	511 000	1 184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	526,92 %	−42,15 %	−101,89 %	−2,81 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−21,25 %	−6,11 %	−41,54 %	−0,56 %
Current Ratio	0,81	1,93	2,63	2,18
Quick Ratio	0,81	1,93	2,63	2,18
Equity Ratio	−0,23	0,48	0,62	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %