THE WORLD INSTITUTE OF SLOWNESS AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−9,54 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	60 000	287 000	413 000
Net Income	−31 000	−107 000	73 000	370 000
Total Assets	708 000	787 000	1 073 000	803 000
Total Equity	325 000	356 000	464 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	60 000	287 000	413 000
Expenditure	32 000	167 000	214 000	41 000
Operating Profit	−32 000	−107 000	73 000	372 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	−31 000	−107 000	73 000	370 000
Tax	0	0	0	0
Net Income	−31 000	−107 000	73 000	370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	68 000	68 000	68 000
Total Current Assets	640 000	718 000	1 005 000	735 000
Total Assets	708 000	787 000	1 073 000	803 000
Total Retained Equity	225 000	256 000	364 000	291 000
Total Equity	325 000	356 000	464 000	391 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	383 000	430 000	610 000	413 000
Total Equity and Debt	708 000	787 000	1 073 000	803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	60 000	287 000	413 000
Other Income	0	0	0	0
Revenue	0	60 000	287 000	413 000
Cost of Goods Sold	0	60 000	182 000	25 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	167 000	214 000	41 000
Operating Profit	−32 000	−107 000	73 000	372 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	−31 000	−107 000	73 000	370 000

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	68 000	68 000	68 000	68 000
Total Tangible Assets	68 000	68 000	68 000	68 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	68 000	68 000	68 000
Stock	0	0	0	0
Total Investments	42 000	0	0	0
Cash, Bank	186 000	255 000	243 000	154 000
Total Current Assets	640 000	718 000	1 005 000	735 000
Total Assets	708 000	787 000	1 073 000	803 000
Total Equity	325 000	356 000	464 000	391 000
Short-Term Group Debt	357 000	357 000	358 000	315 000
Total Long-Term Debt	0	0	0	0
Creditors	14 000	59 000	0	1 000
Unpaid Taxes	0	0	68 000	95 000
Dividends	0	0	0	0
Other Current Debt	13 000	14 000	183 000	2 000
Total Current Debt	383 000	430 000	610 000	413 000
Total Equity and Debt	708 000	787 000	1 073 000	803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,54 %	−30,06 %	15,73 %	94,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−178,33 %	25,44 %	90,07 %
Current Ratio	1,67	1,67	1,65	1,78
Quick Ratio	1,67	1,67	1,65	1,78
Equity Ratio	0,46	0,45	0,43	0,49
Gross Profit Margin	-	0 %	36,59 %	93,95 %