CLIPCANVAS AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

11,16 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	17 000	37 000	65 000
Net Income	−357 000	−905 000	−1 074 000	−2 107 000
Total Assets	28 000	62 000	99 000	181 000
Total Equity	−3 199 000	−2 842 000	−1 937 000	−863 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	17 000	37 000	65 000
Expenditure	341 000	808 000	1 050 000	1 769 000
Operating Profit	−337 000	−790 000	−1 013 000	−1 704 000
Financial Income	−2 000	−4 000	1 000	4 000
Financial Costs	19 000	111 000	62 000	407 000
Financial Balance	−21 000	−115 000	−61 000	−403 000
Earnings Before Tax	−357 000	−905 000	−1 074 000	−2 107 000
Tax	0	0	0	0
Net Income	−357 000	−905 000	−1 074 000	−2 107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	30 000
Total Current Assets	28 000	62 000	99 000	151 000
Total Assets	28 000	62 000	99 000	181 000
Total Retained Equity	−17 624 000	−17 267 000	−16 362 000	−15 288 000
Total Equity	−3 199 000	−2 842 000	−1 937 000	−863 000
Total Long-Term Debt	0	0	1 702 000	642 000
Total Current Debt	3 227 000	2 904 000	333 000	403 000
Total Equity and Debt	28 000	62 000	99 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	17 000	37 000	65 000
Other Income	0	0	0	0
Revenue	4 000	17 000	37 000	65 000
Cost of Goods Sold	0	0	12 000	39 000
Salary Costs	0	0	3 000	450 000
Depreciation	0	0	30 000	36 000
Impairment	0	0	0	0
Expenditure	341 000	808 000	1 050 000	1 769 000
Operating Profit	−337 000	−790 000	−1 013 000	−1 704 000
Financial Income	−2 000	−4 000	1 000	4 000
Financial Costs	19 000	111 000	62 000	407 000
Financial Balance	−21 000	−115 000	−61 000	−403 000
Dividends	0	0	0	0
Net Income	−357 000	−905 000	−1 074 000	−2 107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	30 000
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	0	0	0	0
Total Fixed Assets	0	0	0	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	17 000	39 000	35 000
Total Current Assets	28 000	62 000	99 000	151 000
Total Assets	28 000	62 000	99 000	181 000
Total Equity	−3 199 000	−2 842 000	−1 937 000	−863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 702 000	642 000
Creditors	262 000	296 000	295 000	74 000
Unpaid Taxes	0	0	0	21 000
Dividends	0	0	0	0
Other Current Debt	2 966 000	2 608 000	38 000	308 000
Total Current Debt	3 227 000	2 904 000	333 000	403 000
Total Equity and Debt	28 000	62 000	99 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,16 %	31,84 %	55,45 %	244,15 %
Debt-to-Equity Ratio	−0	−0	−0,88	−0,74
Operating Profit Margin	−8 425 %	−4 647,06 %	−2 737,84 %	−2 621,54 %
Current Ratio	0,01	0,02	0,3	0,37
Quick Ratio	0,01	0,02	0,3	0,37
Equity Ratio	−114,25	−45,84	−19,57	−4,77
Gross Profit Margin	100 %	100 %	67,57 %	40 %