DEVOTEAM G CLOUD AS

0157 OSLO

Finances

Share Ownership

Return on Equity

105,99 %

Current Ratio

0,89

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 124 000	63 328 000	53 321 000	43 730 000
Net Income	−3 169 000	−7 317 000	500 000	5 615 000
Total Assets	51 035 000	54 290 000	29 010 000	11 671 000
Total Equity	−2 990 000	179 000	7 497 000	6 997 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 124 000	63 328 000	53 321 000	43 730 000
Expenditure	88 026 000	72 575 000	52 009 000	36 491 000
Operating Profit	−2 902 000	−9 248 000	1 312 000	7 239 000
Financial Income	2 555 000	1 829 000	749 000	357 000
Financial Costs	3 716 000	1 963 000	1 416 000	393 000
Financial Balance	−1 161 000	−134 000	−667 000	−36 000
Earnings Before Tax	−4 062 000	−9 381 000	644 000	7 202 000
Tax	−894 000	−2 064 000	144 000	1 587 000
Net Income	−3 169 000	−7 317 000	500 000	5 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 954 000	2 216 000	173 000	24 000
Total Current Assets	48 081 000	52 075 000	28 838 000	11 647 000
Total Assets	51 035 000	54 290 000	29 010 000	11 671 000
Total Retained Equity	−3 020 000	149 000	7 467 000	6 967 000
Total Equity	−2 990 000	179 000	7 497 000	6 997 000
Total Long-Term Debt	0	0	3 000	1 000
Total Current Debt	54 025 000	54 111 000	21 510 000	4 674 000
Total Equity and Debt	51 035 000	54 290 000	29 010 000	11 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 861 000	63 300 000	53 273 000	43 622 000
Other Income	262 000	27 000	48 000	108 000
Revenue	85 124 000	63 328 000	53 321 000	43 730 000
Cost of Goods Sold	73 719 000	59 355 000	40 450 000	27 360 000
Salary Costs	3 822 000	7 182 000	7 541 000	5 475 000
Depreciation	155 000	98 000	43 000	6 000
Impairment	0	0	0	0
Expenditure	88 026 000	72 575 000	52 009 000	36 491 000
Operating Profit	−2 902 000	−9 248 000	1 312 000	7 239 000
Financial Income	2 555 000	1 829 000	749 000	357 000
Financial Costs	3 716 000	1 963 000	1 416 000	393 000
Financial Balance	−1 161 000	−134 000	−667 000	−36 000
Dividends	0	0	0	0
Net Income	−3 169 000	−7 317 000	500 000	5 615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 954 000	2 060 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	155 000	173 000	24 000
Total Tangible Assets	0	155 000	173 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 954 000	2 216 000	173 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 650 000	11 679 000	2 362 000	2 905 000
Total Current Assets	48 081 000	52 075 000	28 838 000	11 647 000
Total Assets	51 035 000	54 290 000	29 010 000	11 671 000
Total Equity	−2 990 000	179 000	7 497 000	6 997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	1 000
Creditors	35 837 000	27 277 000	13 296 000	1 416 000
Unpaid Taxes	4 620 000	5 340 000	4 855 000	912 000
Dividends	0	0	0	0
Other Current Debt	13 568 000	21 494 000	3 218 000	759 000
Total Current Debt	54 025 000	54 111 000	21 510 000	4 674 000
Total Equity and Debt	51 035 000	54 290 000	29 010 000	11 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,99 %	−4 087,71 %	6,67 %	80,25 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−3,41 %	−14,6 %	2,46 %	16,55 %
Current Ratio	0,89	0,96	1,34	2,49
Quick Ratio	0,89	0,96	1,34	2,49
Equity Ratio	−0,06	0	0,26	0,6
Gross Profit Margin	13,4 %	6,27 %	24,14 %	37,43 %