CANAL STREET AS

4838 ARENDAL

Finances

Return on Equity

−1 871,58 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 941 000	8 894 000	2 142 000	7 896 000
Net Income	−1 778 000	1 511 000	436 000	−702 000
Total Assets	1 134 000	2 179 000	1 928 000	758 000
Total Equity	95 000	1 873 000	363 000	−74 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 941 000	8 894 000	2 142 000	7 896 000
Expenditure	9 974 000	7 384 000	1 712 000	8 623 000
Operating Profit	−2 032 000	1 510 000	431 000	−727 000
Financial Income	255 000	4 000	6 000	33 000
Financial Costs	1 000	4 000	0	7 000
Financial Balance	254 000	0	6 000	26 000
Earnings Before Tax	−1 778 000	1 511 000	436 000	−702 000
Tax	0	0	0	0
Net Income	−1 778 000	1 511 000	436 000	−702 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	160 000	160 000	60 000
Total Current Assets	948 000	2 019 000	1 768 000	699 000
Total Assets	1 134 000	2 179 000	1 928 000	758 000
Total Retained Equity	−1 905 000	−127 000	−1 637 000	−2 074 000
Total Equity	95 000	1 873 000	363 000	−74 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 038 000	305 000	1 565 000	832 000
Total Equity and Debt	1 134 000	2 179 000	1 928 000	758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 842 000	5 268 000	576 000	6 857 000
Other Income	1 099 000	3 626 000	1 566 000	1 039 000
Revenue	7 941 000	8 894 000	2 142 000	7 896 000
Cost of Goods Sold	521 000	426 000	58 000	541 000
Salary Costs	1 237 000	1 241 000	988 000	1 238 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	9 974 000	7 384 000	1 712 000	8 623 000
Operating Profit	−2 032 000	1 510 000	431 000	−727 000
Financial Income	255 000	4 000	6 000	33 000
Financial Costs	1 000	4 000	0	7 000
Financial Balance	254 000	0	6 000	26 000
Dividends	0	0	0	0
Net Income	−1 778 000	1 511 000	436 000	−702 000

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	26 000	0	0	0
Total Tangible Assets	26 000	0	0	0
Total Fiancial Fixed Assets	160 000	160 000	160 000	60 000
Total Fixed Assets	185 000	160 000	160 000	60 000
Stock	22 000	40 000	59 000	91 000
Total Investments	0	0	0	0
Cash, Bank	295 000	1 515 000	1 060 000	428 000
Total Current Assets	948 000	2 019 000	1 768 000	699 000
Total Assets	1 134 000	2 179 000	1 928 000	758 000
Total Equity	95 000	1 873 000	363 000	−74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	148 000	81 000	7 000	68 000
Unpaid Taxes	104 000	59 000	61 000	64 000
Dividends	0	0	0	0
Other Current Debt	787 000	165 000	1 498 000	701 000
Total Current Debt	1 038 000	305 000	1 565 000	832 000
Total Equity and Debt	1 134 000	2 179 000	1 928 000	758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 871,58 %	80,67 %	120,11 %	948,65 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−25,59 %	16,98 %	20,12 %	−9,21 %
Current Ratio	0,91	6,62	1,13	0,84
Quick Ratio	0,93	7,62	1,17	0,94
Equity Ratio	0,08	0,86	0,19	−0,1
Gross Profit Margin	93,44 %	95,21 %	97,29 %	93,15 %