SOURCENET AS

3474 ÅROS

Finances

Share Ownership

Return on Equity

61,73 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	809 000	2 763 000	6 795 000	2 256 000
Net Income	50 000	−696 000	699 000	88 000
Total Assets	304 000	386 000	1 631 000	637 000
Total Equity	81 000	31 000	727 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	809 000	2 763 000	6 795 000	2 256 000
Expenditure	758 000	3 461 000	5 980 000	2 169 000
Operating Profit	51 000	−697 000	816 000	88 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	50 000	−697 000	816 000	88 000
Tax	0	−1 000	117 000	0
Net Income	50 000	−696 000	699 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	13 000	20 000	0
Total Current Assets	299 000	373 000	1 611 000	637 000
Total Assets	304 000	386 000	1 631 000	637 000
Total Retained Equity	−19 000	−69 000	627 000	−72 000
Total Equity	81 000	31 000	727 000	28 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	223 000	355 000	903 000	609 000
Total Equity and Debt	304 000	386 000	1 631 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	809 000	2 824 000	6 799 000	2 150 000
Other Income	0	−60 000	−4 000	106 000
Revenue	809 000	2 763 000	6 795 000	2 256 000
Cost of Goods Sold	0	144 000	12 000	6 000
Salary Costs	518 000	3 021 000	5 264 000	1 587 000
Depreciation	7 000	7 000	2 000	0
Impairment	0	0	0	0
Expenditure	758 000	3 461 000	5 980 000	2 169 000
Operating Profit	51 000	−697 000	816 000	88 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	50 000	−696 000	699 000	88 000

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	5 000	13 000	20 000	0
Total Tangible Assets	5 000	13 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	13 000	20 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	210 000	173 000	888 000	385 000
Total Current Assets	299 000	373 000	1 611 000	637 000
Total Assets	304 000	386 000	1 631 000	637 000
Total Equity	81 000	31 000	727 000	28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	0	34 000	29 000	5 000
Unpaid Taxes	150 000	166 000	531 000	311 000
Dividends	0	0	0	0
Other Current Debt	73 000	155 000	227 000	293 000
Total Current Debt	223 000	355 000	903 000	609 000
Total Equity and Debt	304 000	386 000	1 631 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,73 %	−2 245,16 %	96,15 %	314,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,3 %	−25,23 %	12,01 %	3,9 %
Current Ratio	1,34	1,05	1,78	1,05
Quick Ratio	1,34	1,05	1,78	1,05
Equity Ratio	0,27	0,08	0,45	0,04
Gross Profit Margin	100 %	94,79 %	99,82 %	99,73 %