FORMEL INDUSTRIDESIGN AS

1182 OSLO

Finances

Return on Equity

−41,13 %

Current Ratio

16,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	341 000	18 000	2 000	1 000
Net Income	−197 000	−2 000	−13 000	−19 000
Total Assets	509 000	705 000	707 000	720 000
Total Equity	479 000	675 000	677 000	690 000

Income (NOK)	2022	2021	2020	2019
Revenue	341 000	18 000	2 000	1 000
Expenditure	538 000	20 000	18 000	20 000
Operating Profit	−196 000	−2 000	−16 000	−20 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	1 000
Earnings Before Tax	−197 000	−2 000	−13 000	−19 000
Tax	0	0	0	0
Net Income	−197 000	−2 000	−13 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	509 000	705 000	707 000	720 000
Total Assets	509 000	705 000	707 000	720 000
Total Retained Equity	218 000	415 000	417 000	430 000
Total Equity	479 000	675 000	677 000	690 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	30 000	30 000	30 000
Total Equity and Debt	509 000	705 000	707 000	720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	341 000	18 000	2 000	1 000
Revenue	341 000	18 000	2 000	1 000
Cost of Goods Sold	524 000	7 000	4 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	538 000	20 000	18 000	20 000
Operating Profit	−196 000	−2 000	−16 000	−20 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	1 000
Dividends	0	0	0	0
Net Income	−197 000	−2 000	−13 000	−19 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	329 000	147 000	18 000	34 000
Cash, Bank	143 000	521 000	652 000	649 000
Total Current Assets	509 000	705 000	707 000	720 000
Total Assets	509 000	705 000	707 000	720 000
Total Equity	479 000	675 000	677 000	690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	30 000	30 000	30 000
Total Current Debt	30 000	30 000	30 000	30 000
Total Equity and Debt	509 000	705 000	707 000	720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,13 %	−0,3 %	−1,92 %	−2,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−57,48 %	−11,11 %	−800 %	−2 000 %
Current Ratio	16,97	23,5	23,57	24
Quick Ratio	16,97	23,5	23,57	24
Equity Ratio	0,94	0,96	0,96	0,96
Gross Profit Margin	−53,67 %	61,11 %	−100 %	100 %