CORTICALIS AS

0349 OSLO

Finances

Share Ownership

Return on Equity

−57,99 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 866 000	1 371 000	2 283 000	1 715 000
Net Income	−3 428 000	−1 291 000	−2 423 000	8 505 000
Total Assets	7 741 000	8 236 000	9 027 000	10 824 000
Total Equity	5 911 000	6 332 000	7 623 000	8 341 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 866 000	1 371 000	2 283 000	1 715 000
Expenditure	5 209 000	2 672 000	4 660 000	−6 799 000
Operating Profit	−3 343 000	−1 301 000	−2 377 000	8 514 000
Financial Income	2 000	30 000	16 000	10 000
Financial Costs	87 000	20 000	62 000	19 000
Financial Balance	−85 000	10 000	−46 000	−9 000
Earnings Before Tax	−3 428 000	−1 291 000	−2 423 000	8 505 000
Tax	0	0	0	0
Net Income	−3 428 000	−1 291 000	−2 423 000	8 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 390 000	7 872 000	8 424 000	10 302 000
Total Current Assets	351 000	364 000	603 000	522 000
Total Assets	7 741 000	8 236 000	9 027 000	10 824 000
Total Retained Equity	889 000	4 317 000	5 608 000	8 031 000
Total Equity	5 911 000	6 332 000	7 623 000	8 341 000
Total Long-Term Debt	0	1 538 000	763 000	1 700 000
Total Current Debt	1 829 000	366 000	641 000	783 000
Total Equity and Debt	7 741 000	8 236 000	9 027 000	10 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 866 000	1 371 000	2 283 000	1 715 000
Other Income	0	0	0	0
Revenue	1 866 000	1 371 000	2 283 000	1 715 000
Cost of Goods Sold	3 734 000	1 718 000	3 431 000	−9 172 000
Salary Costs	339 000	415 000	621 000	1 160 000
Depreciation	41 000	43 000	35 000	49 000
Impairment	0	0	0	0
Expenditure	5 209 000	2 672 000	4 660 000	−6 799 000
Operating Profit	−3 343 000	−1 301 000	−2 377 000	8 514 000
Financial Income	2 000	30 000	16 000	10 000
Financial Costs	87 000	20 000	62 000	19 000
Financial Balance	−85 000	10 000	−46 000	−9 000
Dividends	0	0	0	0
Net Income	−3 428 000	−1 291 000	−2 423 000	8 505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 334 000	7 809 000	8 318 000	10 190 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	63 000	106 000	112 000
Total Tangible Assets	55 000	63 000	106 000	112 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 390 000	7 872 000	8 424 000	10 302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	269 000	325 000	474 000
Total Current Assets	351 000	364 000	603 000	522 000
Total Assets	7 741 000	8 236 000	9 027 000	10 824 000
Total Equity	5 911 000	6 332 000	7 623 000	8 341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 538 000	763 000	1 700 000
Creditors	1 618 000	268 000	534 000	450 000
Unpaid Taxes	42 000	20 000	43 000	76 000
Dividends	0	0	0	0
Other Current Debt	169 000	79 000	65 000	257 000
Total Current Debt	1 829 000	366 000	641 000	783 000
Total Equity and Debt	7 741 000	8 236 000	9 027 000	10 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,99 %	−20,39 %	−31,79 %	101,97 %
Debt-to-Equity Ratio	0	0,24	0,1	0,2
Operating Profit Margin	−179,15 %	−94,89 %	−104,12 %	496,44 %
Current Ratio	0,19	0,99	0,94	0,67
Quick Ratio	0,19	0,99	0,94	0,67
Equity Ratio	0,76	0,77	0,84	0,77
Gross Profit Margin	−100,11 %	−25,31 %	−50,28 %	634,81 %