FAIRCHANCE GROUP AS

0787 OSLO

Finances

Return on Equity

26,95 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−169 000	−189 000	−126 000	−258 000
Total Assets	175 000	261 000	359 000	459 000
Total Equity	−627 000	−458 000	−269 000	−144 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	135 000	157 000	99 000	236 000
Operating Profit	−135 000	−157 000	−99 000	−236 000
Financial Income	1 000	0	0	0
Financial Costs	35 000	32 000	27 000	22 000
Financial Balance	−34 000	−32 000	−27 000	−22 000
Earnings Before Tax	−169 000	−189 000	−126 000	−258 000
Tax	0	0	0	0
Net Income	−169 000	−189 000	−126 000	−258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	256 000	342 000	428 000
Total Current Assets	4 000	4 000	17 000	31 000
Total Assets	175 000	261 000	359 000	459 000
Total Retained Equity	−38 735 000	−38 735 000	−38 546 000	−38 420 000
Total Equity	−627 000	−458 000	−269 000	−144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	802 000	719 000	628 000	603 000
Total Equity and Debt	175 000	261 000	359 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	86 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	135 000	157 000	99 000	236 000
Operating Profit	−135 000	−157 000	−99 000	−236 000
Financial Income	1 000	0	0	0
Financial Costs	35 000	32 000	27 000	22 000
Financial Balance	−34 000	−32 000	−27 000	−22 000
Dividends	0	0	0	0
Net Income	−169 000	−189 000	−126 000	−258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	256 000	342 000	428 000
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	0	0	0	0
Total Fixed Assets	171 000	256 000	342 000	428 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	4 000	17 000	31 000
Total Current Assets	4 000	4 000	17 000	31 000
Total Assets	175 000	261 000	359 000	459 000
Total Equity	−627 000	−458 000	−269 000	−144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	6 000	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	800 000	716 000	622 000	565 000
Total Current Debt	802 000	719 000	628 000	603 000
Total Equity and Debt	175 000	261 000	359 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,95 %	41,27 %	46,84 %	179,17 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,01	0,03	0,05
Quick Ratio	0	0,01	0,03	0,05
Equity Ratio	−3,58	−1,75	−0,75	−0,31
Gross Profit Margin	-	-	-	-