ADVANCED CUTTINGS TREATMENT AS

4642 SØGNE

Finances

Return on Equity

−1,2 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	138 000	94 000	0	0
Net Income	−77 000	294 000	177 000	−141 000
Total Assets	7 383 000	3 993 000	3 874 000	3 705 000
Total Equity	6 406 000	3 153 000	2 859 000	2 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	138 000	94 000	0	0
Expenditure	237 000	92 000	−42 000	130 000
Operating Profit	−99 000	1 000	42 000	−130 000
Financial Income	0	303 000	144 000	0
Financial Costs	0	11 000	−1 000	1 000
Financial Balance	0	292 000	145 000	−1 000
Earnings Before Tax	−99 000	293 000	186 000	−131 000
Tax	−22 000	−1 000	9 000	11 000
Net Income	−77 000	294 000	177 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 579 000	2 590 000	2 586 000	1 150 000
Total Current Assets	2 804 000	1 403 000	1 287 000	2 555 000
Total Assets	7 383 000	3 993 000	3 874 000	3 705 000
Total Retained Equity	−2 082 000	−2 004 000	−2 298 000	−2 475 000
Total Equity	6 406 000	3 153 000	2 859 000	2 478 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	976 000	840 000	1 014 000	1 227 000
Total Equity and Debt	7 383 000	3 993 000	3 874 000	3 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 000	94 000	0	0
Other Income	0	0	0	0
Revenue	138 000	94 000	0	0
Cost of Goods Sold	0	51 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	−105 000	53 000
Impairment	0	0	0	0
Expenditure	237 000	92 000	−42 000	130 000
Operating Profit	−99 000	1 000	42 000	−130 000
Financial Income	0	303 000	144 000	0
Financial Costs	0	11 000	−1 000	1 000
Financial Balance	0	292 000	145 000	−1 000
Dividends	0	0	0	0
Net Income	−77 000	294 000	177 000	−141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 121 000	1 132 000	1 131 000	1 035 000
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	1 458 000	1 458 000	1 455 000	115 000
Total Fixed Assets	4 579 000	2 590 000	2 586 000	1 150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	6 000	0	96 000
Total Current Assets	2 804 000	1 403 000	1 287 000	2 555 000
Total Assets	7 383 000	3 993 000	3 874 000	3 705 000
Total Equity	6 406 000	3 153 000	2 859 000	2 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	738 000	1 307 000	506 000	474 000
Unpaid Taxes	−270 000	0	0	40 000
Dividends	0	0	0	0
Other Current Debt	508 000	−467 000	508 000	508 000
Total Current Debt	976 000	840 000	1 014 000	1 227 000
Total Equity and Debt	7 383 000	3 993 000	3 874 000	3 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,2 %	9,32 %	6,19 %	−5,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−71,74 %	1,06 %	-	-
Current Ratio	2,87	1,67	1,27	2,08
Quick Ratio	2,87	1,67	1,27	2,08
Equity Ratio	0,87	0,79	0,74	0,67
Gross Profit Margin	100 %	45,74 %	-	-