CHANGING AS

4313 SANDNES

Finances

Return on Equity

−1,62 %

Current Ratio

−1,58

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 233 000	1 759 000	1 326 000	1 183 000
Net Income	−228 000	471 000	369 000	129 000
Total Assets	14 920 000	11 476 000	11 654 000	10 905 000
Total Equity	14 080 000	1 083 000	612 000	−3 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 233 000	1 759 000	1 326 000	1 183 000
Expenditure	963 000	972 000	584 000	521 000
Operating Profit	270 000	787 000	741 000	662 000
Financial Income	5 000	51 000	54 000	92 000
Financial Costs	503 000	367 000	427 000	625 000
Financial Balance	−498 000	−316 000	−373 000	−533 000
Earnings Before Tax	−228 000	471 000	369 000	129 000
Tax	0	0	0	0
Net Income	−228 000	471 000	369 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 627 000	10 872 000	11 057 000	10 012 000
Total Current Assets	293 000	604 000	597 000	894 000
Total Assets	14 920 000	11 476 000	11 654 000	10 905 000
Total Retained Equity	−145 000	83 000	−388 000	−4 969 000
Total Equity	14 080 000	1 083 000	612 000	−3 361 000
Total Long-Term Debt	1 025 000	10 175 000	10 938 000	11 744 000
Total Current Debt	−185 000	218 000	104 000	2 522 000
Total Equity and Debt	14 920 000	11 476 000	11 654 000	10 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 000	380 000	25 000	29 000
Other Income	1 148 000	1 379 000	1 302 000	1 154 000
Revenue	1 233 000	1 759 000	1 326 000	1 183 000
Cost of Goods Sold	26 000	359 000	22 000	54 000
Salary Costs	181 000	126 000	53 000	0
Depreciation	0	170 000	170 000	170 000
Impairment	0	0	0	0
Expenditure	963 000	972 000	584 000	521 000
Operating Profit	270 000	787 000	741 000	662 000
Financial Income	5 000	51 000	54 000	92 000
Financial Costs	503 000	367 000	427 000	625 000
Financial Balance	−498 000	−316 000	−373 000	−533 000
Dividends	0	0	0	0
Net Income	−228 000	471 000	369 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	9 672 000	9 842 000	10 011 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	9 672 000	9 842 000	10 011 000
Total Fiancial Fixed Assets	14 627 000	1 200 000	1 215 000	0
Total Fixed Assets	14 627 000	10 872 000	11 057 000	10 012 000
Stock	15 000	40 000	11 000	22 000
Total Investments	0	0	0	0
Cash, Bank	116 000	519 000	586 000	837 000
Total Current Assets	293 000	604 000	597 000	894 000
Total Assets	14 920 000	11 476 000	11 654 000	10 905 000
Total Equity	14 080 000	1 083 000	612 000	−3 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 025 000	10 175 000	10 938 000	11 744 000
Creditors	39 000	2 000	2 000	18 000
Unpaid Taxes	28 000	61 000	48 000	0
Dividends	0	0	0	0
Other Current Debt	773 000	155 000	104 000	2 505 000
Total Current Debt	−185 000	218 000	104 000	2 522 000
Total Equity and Debt	14 920 000	11 476 000	11 654 000	10 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,62 %	43,49 %	60,29 %	−3,84 %
Debt-to-Equity Ratio	0,07	9,4	17,87	−3,49
Operating Profit Margin	21,9 %	44,74 %	55,88 %	55,96 %
Current Ratio	−1,58	2,77	5,74	0,35
Quick Ratio	−1,47	3,39	6,42	0,36
Equity Ratio	0,94	0,09	0,05	−0,31
Gross Profit Margin	97,89 %	79,59 %	98,34 %	95,44 %