BUSINESS IMPROVEMENT AS

1404 SIGGERUD

Finances

Return on Equity

6,9 %

Current Ratio

0,02

Debt-to-Equity Ratio

−3,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	7 000	490 000
Net Income	−4 000	−3 000	−4 000	−202 000
Total Assets	1 111 000	284 000	286 000	336 000
Total Equity	−58 000	−54 000	−51 000	−46 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	7 000	490 000
Expenditure	4 000	3 000	11 000	521 000
Operating Profit	−4 000	−3 000	−4 000	−31 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	−4 000	−3 000	−4 000	−30 000
Tax	0	0	0	172 000
Net Income	−4 000	−3 000	−4 000	−202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 093 000	263 000	263 000	263 000
Total Current Assets	18 000	21 000	23 000	72 000
Total Assets	1 111 000	284 000	286 000	336 000
Total Retained Equity	−88 000	−84 000	−81 000	−76 000
Total Equity	−58 000	−54 000	−51 000	−46 000
Total Long-Term Debt	200 000	200 000	200 000	200 000
Total Current Debt	969 000	138 000	137 000	182 000
Total Equity and Debt	1 111 000	284 000	286 000	336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	420 000
Other Income	0	0	7 000	70 000
Revenue	0	0	7 000	490 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	467 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	3 000	11 000	521 000
Operating Profit	−4 000	−3 000	−4 000	−31 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	−3 000	−4 000	−202 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 093 000	263 000	263 000	263 000
Total Fixed Assets	1 093 000	263 000	263 000	263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	21 000	23 000	72 000
Total Current Assets	18 000	21 000	23 000	72 000
Total Assets	1 111 000	284 000	286 000	336 000
Total Equity	−58 000	−54 000	−51 000	−46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	200 000	200 000	200 000
Creditors	3 000	2 000	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	966 000	136 000	136 000	180 000
Total Current Debt	969 000	138 000	137 000	182 000
Total Equity and Debt	1 111 000	284 000	286 000	336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	5,56 %	7,84 %	439,13 %
Debt-to-Equity Ratio	−3,45	−3,7	−3,92	−4,35
Operating Profit Margin	-	-	−57,14 %	−6,33 %
Current Ratio	0,02	0,15	0,17	0,4
Quick Ratio	0,02	0,15	0,17	0,4
Equity Ratio	−0,05	−0,19	−0,18	−0,14
Gross Profit Margin	-	-	100 %	100 %