APPSCARD GROUP AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

479,53 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	0	0	739 000
Net Income	−20 548 000	−14 703 000	−3 084 000
Total Assets	2 649 000	3 065 000	739 000
Total Equity	−4 285 000	2 563 000	512 000

Income (NOK)	2022	2021	2020
Revenue	0	0	739 000
Expenditure	20 522 000	15 961 000	3 794 000
Operating Profit	−20 521 000	−15 962 000	−3 055 000
Financial Income	221 000	1 332 000	0
Financial Costs	248 000	74 000	30 000
Financial Balance	−27 000	1 258 000	−30 000
Earnings Before Tax	−20 548 000	−14 703 000	−3 084 000
Tax	0	0	0
Net Income	−20 548 000	−14 703 000	−3 084 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 106 000	1 145 000	0
Total Current Assets	1 543 000	1 920 000	739 000
Total Assets	2 649 000	3 065 000	739 000
Total Retained Equity	−38 336 000	−17 788 000	−3 084 000
Total Equity	−4 285 000	2 563 000	512 000
Total Long-Term Debt	0	0	0
Total Current Debt	6 933 000	502 000	227 000
Total Equity and Debt	2 649 000	3 065 000	739 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	739 000
Other Income	0	0	0
Revenue	0	0	739 000
Cost of Goods Sold	0	0	0
Salary Costs	2 082 000	2 795 000	3 418 000
Depreciation	39 000	10 000	0
Impairment	0	0	0
Expenditure	20 522 000	15 961 000	3 794 000
Operating Profit	−20 521 000	−15 962 000	−3 055 000
Financial Income	221 000	1 332 000	0
Financial Costs	248 000	74 000	30 000
Financial Balance	−27 000	1 258 000	−30 000
Dividends	0	0	0
Net Income	−20 548 000	−14 703 000	−3 084 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	68 000	106 000	0
Fixtures	0	0	0
Total Tangible Assets	68 000	106 000	0
Total Fiancial Fixed Assets	1 038 000	1 038 000	0
Total Fixed Assets	1 106 000	1 145 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	−2 000	1 168 000	265 000
Total Current Assets	1 543 000	1 920 000	739 000
Total Assets	2 649 000	3 065 000	739 000
Total Equity	−4 285 000	2 563 000	512 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 126 000	122 000	0
Unpaid Taxes	614 000	77 000	107 000
Dividends	0	0	0
Other Current Debt	5 194 000	303 000	120 000
Total Current Debt	6 933 000	502 000	227 000
Total Equity and Debt	2 649 000	3 065 000	739 000

Financial indicators	2022	2021	2020
Return on Equity	479,53 %	−573,66 %	−602,34 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	-	-	−413,4 %
Current Ratio	0,22	3,82	3,26
Quick Ratio	0,22	3,82	3,26
Equity Ratio	−1,62	0,84	0,69
Gross Profit Margin	-	-	100 %