APELAND SERVICE AS

1400 SKI

Finances

Share Ownership

Return on Equity

37,5 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	279 000	119 000	431 000	74 000
Net Income	9 000	−20 000	−67 000	2 000
Total Assets	161 000	102 000	162 000	143 000
Total Equity	24 000	15 000	35 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	279 000	119 000	431 000	74 000
Expenditure	273 000	139 000	414 000	72 000
Operating Profit	6 000	−20 000	17 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	81 000	0
Financial Balance	0	0	−81 000	0
Earnings Before Tax	6 000	−20 000	−65 000	2 000
Tax	−3 000	0	2 000	0
Net Income	9 000	−20 000	−67 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	0	67 000
Total Current Assets	158 000	102 000	162 000	76 000
Total Assets	161 000	102 000	162 000	143 000
Total Retained Equity	−76 000	−85 000	−65 000	2 000
Total Equity	24 000	15 000	35 000	102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	87 000	127 000	41 000
Total Equity and Debt	161 000	102 000	162 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 000	119 000	431 000	74 000
Other Income	0	0	0	0
Revenue	279 000	119 000	431 000	74 000
Cost of Goods Sold	159 000	31 000	131 000	31 000
Salary Costs	2 000	22 000	101 000	0
Depreciation	0	0	13 000	3 000
Impairment	0	0	0	0
Expenditure	273 000	139 000	414 000	72 000
Operating Profit	6 000	−20 000	17 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	81 000	0
Financial Balance	0	0	−81 000	0
Dividends	0	0	0	0
Net Income	9 000	−20 000	−67 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	0	0	0	53 000
Total Fixed Assets	3 000	0	0	67 000
Stock	60 000	60 000	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	42 000	102 000	52 000
Total Current Assets	158 000	102 000	162 000	76 000
Total Assets	161 000	102 000	162 000	143 000
Total Equity	24 000	15 000	35 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	103 000	47 000	2 000	31 000
Unpaid Taxes	22 000	19 000	67 000	10 000
Dividends	0	0	0	0
Other Current Debt	11 000	21 000	57 000	0
Total Current Debt	137 000	87 000	127 000	41 000
Total Equity and Debt	161 000	102 000	162 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,5 %	−133,33 %	−191,43 %	1,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,15 %	−16,81 %	3,94 %	2,7 %
Current Ratio	1,15	1,17	1,28	1,85
Quick Ratio	2,05	3,78	1,28	1,85
Equity Ratio	0,15	0,15	0,22	0,71
Gross Profit Margin	43,01 %	73,95 %	69,61 %	58,11 %