BETTER PROJECTS AS

0368 OSLO

Finances

Share Ownership

Return on Equity

−43,35 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	510 000	978 000	831 000
Net Income	−137 000	−37 000	579 000	49 000
Total Assets	346 000	494 000	967 000	579 000
Total Equity	316 000	452 000	490 000	510 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	510 000	978 000	831 000
Expenditure	136 000	548 000	218 000	784 000
Operating Profit	−137 000	−37 000	760 000	46 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	18 000	1 000
Financial Balance	0	0	−17 000	0
Earnings Before Tax	−137 000	−37 000	743 000	47 000
Tax	0	0	163 000	−2 000
Net Income	−137 000	−37 000	579 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	321 000	327 000	325 000	323 000
Total Current Assets	24 000	167 000	643 000	256 000
Total Assets	346 000	494 000	967 000	579 000
Total Retained Equity	216 000	352 000	390 000	410 000
Total Equity	316 000	452 000	490 000	510 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	42 000	478 000	69 000
Total Equity and Debt	346 000	494 000	967 000	579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	510 000	978 000	831 000
Other Income	0	0	0	0
Revenue	0	510 000	978 000	831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	80 000	397 000	60 000	531 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	136 000	548 000	218 000	784 000
Operating Profit	−137 000	−37 000	760 000	46 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	18 000	1 000
Financial Balance	0	0	−17 000	0
Dividends	0	0	250 000	0
Net Income	−137 000	−37 000	579 000	49 000

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	254 000	0	254 000	254 000
Total Tangible Assets	254 000	254 000	254 000	254 000
Total Fiancial Fixed Assets	67 000	73 000	71 000	69 000
Total Fixed Assets	321 000	327 000	325 000	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	167 000	539 000	93 000
Total Current Assets	24 000	167 000	643 000	256 000
Total Assets	346 000	494 000	967 000	579 000
Total Equity	316 000	452 000	490 000	510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	20 000	0	8 000	10 000
Dividends	0	0	250 000	0
Other Current Debt	10 000	42 000	57 000	46 000
Total Current Debt	30 000	42 000	478 000	69 000
Total Equity and Debt	346 000	494 000	967 000	579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,35 %	−8,19 %	118,16 %	9,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−7,25 %	77,71 %	5,54 %
Current Ratio	0,8	3,98	1,35	3,71
Quick Ratio	0,8	3,98	1,35	3,71
Equity Ratio	0,91	0,91	0,51	0,88
Gross Profit Margin	-	100 %	100 %	100 %