KURT J. ASKIM HOLDING AS

7013 TRONDHEIM

Finances

Return on Equity

−14,25 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 000	0	0	0
Net Income	−614 000	224 000	−22 000	−40 000
Total Assets	8 596 000	11 267 000	5 319 000	5 559 000
Total Equity	4 308 000	4 922 000	4 698 000	4 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 000	0	0	0
Expenditure	606 000	128 000	48 000	14 000
Operating Profit	−553 000	−128 000	−48 000	−14 000
Financial Income	22 000	405 000	20 000	0
Financial Costs	268 000	0	0	37 000
Financial Balance	−246 000	405 000	20 000	−37 000
Earnings Before Tax	−800 000	277 000	−28 000	−51 000
Tax	−186 000	54 000	−6 000	−11 000
Net Income	−614 000	224 000	−22 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 355 000	1 397 000	672 000	646 000
Total Current Assets	6 242 000	9 870 000	4 647 000	4 913 000
Total Assets	8 596 000	11 267 000	5 319 000	5 559 000
Total Retained Equity	4 208 000	4 822 000	4 598 000	4 620 000
Total Equity	4 308 000	4 922 000	4 698 000	4 720 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 288 000	6 346 000	621 000	839 000
Total Equity and Debt	8 596 000	11 267 000	5 319 000	5 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	0	0	0
Other Income	0	0	0	0
Revenue	53 000	0	0	0
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	606 000	128 000	48 000	14 000
Operating Profit	−553 000	−128 000	−48 000	−14 000
Financial Income	22 000	405 000	20 000	0
Financial Costs	268 000	0	0	37 000
Financial Balance	−246 000	405 000	20 000	−37 000
Dividends	0	0	0	0
Net Income	−614 000	224 000	−22 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	0	54 000	48 000
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	2 168 000	1 397 000	619 000	599 000
Total Fixed Assets	2 355 000	1 397 000	672 000	646 000
Stock	0	0	0	0
Total Investments	0	2 971 000	0	0
Cash, Bank	0	−4 000	16 000	0
Total Current Assets	6 242 000	9 870 000	4 647 000	4 913 000
Total Assets	8 596 000	11 267 000	5 319 000	5 559 000
Total Equity	4 308 000	4 922 000	4 698 000	4 720 000
Short-Term Group Debt	2 764 000	4 846 000	614 000	812 000
Total Long-Term Debt	0	0	0	0
Creditors	24 000	0	8 000	28 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	4 288 000	6 346 000	621 000	839 000
Total Equity and Debt	8 596 000	11 267 000	5 319 000	5 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,25 %	4,55 %	−0,47 %	−0,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 043,4 %	-	-	-
Current Ratio	1,46	1,56	7,48	5,86
Quick Ratio	1,46	1,56	7,48	5,86
Equity Ratio	0,5	0,44	0,88	0,85
Gross Profit Margin	100 %	-	-	-