CHOICE LIVING AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

0,44 %

Current Ratio

2,72

Debt-to-Equity Ratio

−3,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	80 000	15 192 000	32 419 000
Net Income	−2 000	−163 000	4 935 000	1 621 000
Total Assets	1 532 000	1 877 000	1 282 000	8 635 000
Total Equity	−456 000	−454 000	−292 000	7 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	80 000	15 192 000	32 419 000
Expenditure	97 000	291 000	8 910 000	29 589 000
Operating Profit	−16 000	−211 000	6 283 000	2 830 000
Financial Income	15 000	2 000	45 000	127 000
Financial Costs	1 000	0	1 000	879 000
Financial Balance	14 000	2 000	44 000	−752 000
Earnings Before Tax	−2 000	−209 000	6 327 000	2 078 000
Tax	0	−46 000	1 392 000	457 000
Net Income	−2 000	−163 000	4 935 000	1 621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	270 000	270 000	70 000
Total Current Assets	1 262 000	1 607 000	1 012 000	8 564 000
Total Assets	1 532 000	1 877 000	1 282 000	8 635 000
Total Retained Equity	−556 000	−554 000	−392 000	7 673 000
Total Equity	−456 000	−454 000	−292 000	7 773 000
Total Long-Term Debt	1 524 000	1 892 000	1 322 000	0
Total Current Debt	464 000	440 000	252 000	862 000
Total Equity and Debt	1 532 000	1 877 000	1 282 000	8 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	80 000	15 112 000	32 419 000
Other Income	80 000	0	80 000	0
Revenue	80 000	80 000	15 192 000	32 419 000
Cost of Goods Sold	11 000	155 000	8 718 000	29 099 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	97 000	291 000	8 910 000	29 589 000
Operating Profit	−16 000	−211 000	6 283 000	2 830 000
Financial Income	15 000	2 000	45 000	127 000
Financial Costs	1 000	0	1 000	879 000
Financial Balance	14 000	2 000	44 000	−752 000
Dividends	0	0	13 000 000	5 000 000
Net Income	−2 000	−163 000	4 935 000	1 621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	70 000
Real Eastate	270 000	270 000	270 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	270 000	270 000	270 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	270 000	270 000	270 000	70 000
Stock	0	0	0	1 582 000
Total Investments	0	0	0	0
Cash, Bank	1 262 000	1 607 000	1 012 000	6 943 000
Total Current Assets	1 262 000	1 607 000	1 012 000	8 564 000
Total Assets	1 532 000	1 877 000	1 282 000	8 635 000
Total Equity	−456 000	−454 000	−292 000	7 773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 524 000	1 892 000	1 322 000	0
Creditors	7 000	12 000	12 000	42 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	13 000 000	5 000 000
Other Current Debt	90 000	170 000	240 000	331 000
Total Current Debt	464 000	440 000	252 000	862 000
Total Equity and Debt	1 532 000	1 877 000	1 282 000	8 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,44 %	35,9 %	−1 690,07 %	20,85 %
Debt-to-Equity Ratio	−3,34	−4,17	−4,53	0
Operating Profit Margin	−20 %	−263,75 %	41,36 %	8,73 %
Current Ratio	2,72	3,65	4,02	9,94
Quick Ratio	2,72	3,65	4,02	−11,89
Equity Ratio	−0,3	−0,24	−0,23	0,9
Gross Profit Margin	86,25 %	−93,75 %	42,61 %	10,24 %