SELECTED BRANDS AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

272,96 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 486 000	2 801 000	2 289 000	2 988 000
Net Income	636 000	686 000	21 000	63 000
Total Assets	741 000	141 000	72 000	−131 000
Total Equity	233 000	−403 000	−1 129 000	−1 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 486 000	2 801 000	2 289 000	2 988 000
Expenditure	2 803 000	2 085 000	2 257 000	2 882 000
Operating Profit	683 000	716 000	32 000	106 000
Financial Income	0	0	4 000	1 000
Financial Costs	12 000	30 000	15 000	44 000
Financial Balance	−12 000	−30 000	−11 000	−43 000
Earnings Before Tax	671 000	686 000	21 000	63 000
Tax	35 000	0	0	0
Net Income	636 000	686 000	21 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	232 000	−190 000	−106 000	−246 000
Total Current Assets	510 000	332 000	179 000	116 000
Total Assets	741 000	141 000	72 000	−131 000
Total Retained Equity	133 000	−503 000	−1 229 000	−1 250 000
Total Equity	233 000	−403 000	−1 129 000	−1 150 000
Total Long-Term Debt	171 000	0	0	0
Total Current Debt	338 000	545 000	1 201 000	1 019 000
Total Equity and Debt	741 000	141 000	72 000	−131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 486 000	2 801 000	2 289 000	2 988 000
Other Income	0	0	0	0
Revenue	3 486 000	2 801 000	2 289 000	2 988 000
Cost of Goods Sold	618 000	215 000	388 000	0
Salary Costs	685 000	611 000	523 000	560 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 803 000	2 085 000	2 257 000	2 882 000
Operating Profit	683 000	716 000	32 000	106 000
Financial Income	0	0	4 000	1 000
Financial Costs	12 000	30 000	15 000	44 000
Financial Balance	−12 000	−30 000	−11 000	−43 000
Dividends	0	0	0	0
Net Income	636 000	686 000	21 000	63 000

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	232 000	−190 000	−106 000	−246 000
Total Fixed Assets	232 000	−190 000	−106 000	−246 000
Stock	250 000	320 000	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	19 000	84 000	25 000
Total Current Assets	510 000	332 000	179 000	116 000
Total Assets	741 000	141 000	72 000	−131 000
Total Equity	233 000	−403 000	−1 129 000	−1 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 000	0	0	0
Creditors	306 000	278 000	883 000	0
Unpaid Taxes	99 000	167 000	178 000	88 000
Dividends	0	0	0	0
Other Current Debt	−102 000	100 000	141 000	931 000
Total Current Debt	338 000	545 000	1 201 000	1 019 000
Total Equity and Debt	741 000	141 000	72 000	−131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	272,96 %	−170,22 %	−1,86 %	−5,48 %
Debt-to-Equity Ratio	0,73	−0	−0	−0
Operating Profit Margin	19,59 %	25,56 %	1,4 %	3,55 %
Current Ratio	1,51	0,61	0,15	0,11
Quick Ratio	5,8	1,48	0,15	0,11
Equity Ratio	0,31	−2,86	−15,68	8,78
Gross Profit Margin	82,27 %	92,32 %	83,05 %	100 %