CLEVELAND AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−10,23 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	0	0	763 000
Net Income	−35 000	−33 000	−61 000	14 000
Total Assets	811 000	378 000	412 000	531 000
Total Equity	342 000	377 000	410 000	472 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	0	0	763 000
Expenditure	247 000	33 000	61 000	745 000
Operating Profit	−35 000	−33 000	−61 000	17 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−35 000	−33 000	−61 000	18 000
Tax	0	0	0	4 000
Net Income	−35 000	−33 000	−61 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	0	0	0
Total Current Assets	511 000	378 000	412 000	531 000
Total Assets	811 000	378 000	412 000	531 000
Total Retained Equity	242 000	277 000	310 000	372 000
Total Equity	342 000	377 000	410 000	472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	470 000	1 000	2 000	59 000
Total Equity and Debt	811 000	378 000	412 000	531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	0	0	763 000
Other Income	0	0	0	0
Revenue	213 000	0	0	763 000
Cost of Goods Sold	196 000	0	0	405 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	247 000	33 000	61 000	745 000
Operating Profit	−35 000	−33 000	−61 000	17 000
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	−35 000	−33 000	−61 000	14 000

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	300 000	0	0	0
Total Tangible Assets	300 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	300 000	0	0	0
Stock	206 000	273 000	263 000	0
Total Investments	0	0	0	0
Cash, Bank	23 000	13 000	10 000	137 000
Total Current Assets	511 000	378 000	412 000	531 000
Total Assets	811 000	378 000	412 000	531 000
Total Equity	342 000	377 000	410 000	472 000
Short-Term Group Debt	389 000	0	0	18 000
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	2 000	2 000
Unpaid Taxes	0	0	−1 000	35 000
Dividends	0	0	0	0
Other Current Debt	80 000	0	0	3 000
Total Current Debt	470 000	1 000	2 000	59 000
Total Equity and Debt	811 000	378 000	412 000	531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,23 %	−8,75 %	−14,88 %	2,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,43 %	-	-	2,23 %
Current Ratio	1,09	378	206	9
Quick Ratio	1,94	−1,39	−1,58	9
Equity Ratio	0,42	1	1	0,89
Gross Profit Margin	7,98 %	-	-	46,92 %