TX:TRANSLATION AS

4025 STAVANGER

Finances

Share Ownership

Return on Equity

−10,41 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	587 000	1 141 000	932 000	1 592 000
Net Income	−135 000	−117 000	−120 000	57 000
Total Assets	2 180 000	2 287 000	2 540 000	2 776 000
Total Equity	1 297 000	1 432 000	1 549 000	1 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	587 000	1 141 000	932 000	1 592 000
Expenditure	722 000	1 003 000	801 000	1 263 000
Operating Profit	−135 000	138 000	130 000	329 000
Financial Income	0	2 000	2 000	4 000
Financial Costs	0	257 000	253 000	277 000
Financial Balance	0	−255 000	−251 000	−273 000
Earnings Before Tax	−135 000	−117 000	−120 000	57 000
Tax	0	0	0	0
Net Income	−135 000	−117 000	−120 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 030 000	2 030 000	2 034 000	2 028 000
Total Current Assets	150 000	257 000	505 000	748 000
Total Assets	2 180 000	2 287 000	2 540 000	2 776 000
Total Retained Equity	1 192 000	1 327 000	1 444 000	1 564 000
Total Equity	1 297 000	1 432 000	1 549 000	1 669 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	883 000	855 000	991 000	1 107 000
Total Equity and Debt	2 180 000	2 287 000	2 540 000	2 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	587 000	1 141 000	932 000	1 592 000
Other Income	0	0	0	0
Revenue	587 000	1 141 000	932 000	1 592 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	722 000	1 003 000	801 000	1 263 000
Operating Profit	−135 000	138 000	130 000	329 000
Financial Income	0	2 000	2 000	4 000
Financial Costs	0	257 000	253 000	277 000
Financial Balance	0	−255 000	−251 000	−273 000
Dividends	0	0	0	0
Net Income	−135 000	−117 000	−120 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 000 000	1 000 000	1 000 000	1 000 000
Total Intangible Assets	2 000 000	2 000 000	2 000 000	2 000 000
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	30 000	30 000	34 000	28 000
Total Fixed Assets	2 030 000	2 030 000	2 034 000	2 028 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	141 000	185 000	52 000
Total Current Assets	150 000	257 000	505 000	748 000
Total Assets	2 180 000	2 287 000	2 540 000	2 776 000
Total Equity	1 297 000	1 432 000	1 549 000	1 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	119 000	71 000	75 000	39 000
Unpaid Taxes	22 000	72 000	98 000	70 000
Dividends	0	0	0	0
Other Current Debt	742 000	712 000	818 000	998 000
Total Current Debt	883 000	855 000	991 000	1 107 000
Total Equity and Debt	2 180 000	2 287 000	2 540 000	2 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,41 %	−8,17 %	−7,75 %	3,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−23 %	12,09 %	13,95 %	20,67 %
Current Ratio	0,17	0,3	0,51	0,68
Quick Ratio	0,17	0,3	0,51	0,68
Equity Ratio	0,59	0,63	0,61	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %