CONCLUDE AS

0370 OSLO

Finances

Return on Equity

−42,75 %

Current Ratio

9,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	344 000	253 000	104 000	11 000
Net Income	−2 690 000	−154 000	6 000	−524 000
Total Assets	6 753 000	1 109 000	130 000	124 000
Total Equity	6 292 000	603 000	122 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	344 000	253 000	104 000	11 000
Expenditure	3 011 000	403 000	98 000	544 000
Operating Profit	−2 667 000	−149 000	7 000	−533 000
Financial Income	10 000	2 000	0	10 000
Financial Costs	34 000	8 000	1 000	0
Financial Balance	−24 000	−6 000	−1 000	10 000
Earnings Before Tax	−2 690 000	−154 000	6 000	−524 000
Tax	0	0	0	0
Net Income	−2 690 000	−154 000	6 000	−524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 561 000	727 000	19 000	34 000
Total Current Assets	4 192 000	382 000	111 000	90 000
Total Assets	6 753 000	1 109 000	130 000	124 000
Total Retained Equity	−4 043 000	−1 402 000	−1 402 000	−1 408 000
Total Equity	6 292 000	603 000	122 000	116 000
Total Long-Term Debt	0	500 000	0	0
Total Current Debt	461 000	6 000	7 000	8 000
Total Equity and Debt	6 753 000	1 109 000	130 000	124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	344 000	253 000	104 000	11 000
Other Income	0	0	0	0
Revenue	344 000	253 000	104 000	11 000
Cost of Goods Sold	1 000	10 000	0	0
Salary Costs	−93 000	−691 000	0	114 000
Depreciation	49 000	21 000	16 000	9 000
Impairment	0	0	0	0
Expenditure	3 011 000	403 000	98 000	544 000
Operating Profit	−2 667 000	−149 000	7 000	−533 000
Financial Income	10 000	2 000	0	10 000
Financial Costs	34 000	8 000	1 000	0
Financial Balance	−24 000	−6 000	−1 000	10 000
Dividends	0	0	0	0
Net Income	−2 690 000	−154 000	6 000	−524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 439 000	691 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	36 000	19 000	34 000
Total Tangible Assets	121 000	36 000	19 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 561 000	727 000	19 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 096 000	351 000	47 000	37 000
Total Current Assets	4 192 000	382 000	111 000	90 000
Total Assets	6 753 000	1 109 000	130 000	124 000
Total Equity	6 292 000	603 000	122 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	500 000	0	0
Creditors	163 000	6 000	7 000	8 000
Unpaid Taxes	149 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	149 000	0	0	0
Total Current Debt	461 000	6 000	7 000	8 000
Total Equity and Debt	6 753 000	1 109 000	130 000	124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,75 %	−25,54 %	4,92 %	−451,72 %
Debt-to-Equity Ratio	0	0,83	0	0
Operating Profit Margin	−775,29 %	−58,89 %	6,73 %	−4 845,45 %
Current Ratio	9,09	63,67	15,86	11,25
Quick Ratio	9,09	63,67	15,86	11,25
Equity Ratio	0,93	0,54	0,94	0,94
Gross Profit Margin	99,71 %	96,05 %	100 %	100 %