CLEVAIR AS

4014 STAVANGER

Finances

Return on Equity

561 %

Current Ratio

0,32

Debt-to-Equity Ratio

−4,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 374 000	6 023 000	3 116 000	5 141 000
Net Income	−5 969 000	−1 207 000	−1 873 000	−807 000
Total Assets	14 593 000	11 466 000	7 490 000	5 001 000
Total Equity	−1 064 000	4 935 000	5 741 000	3 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 374 000	6 023 000	3 116 000	5 141 000
Expenditure	11 117 000	7 180 000	5 029 000	5 844 000
Operating Profit	−5 742 000	−1 088 000	−1 860 000	−702 000
Financial Income	58 000	27 000	41 000	7 000
Financial Costs	284 000	146 000	54 000	112 000
Financial Balance	−226 000	−119 000	−13 000	−105 000
Earnings Before Tax	−5 969 000	−1 207 000	−1 873 000	−807 000
Tax	0	0	0	0
Net Income	−5 969 000	−1 207 000	−1 873 000	−807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 133 000	8 843 000	4 764 000	636 000
Total Current Assets	3 460 000	2 623 000	2 726 000	4 365 000
Total Assets	14 593 000	11 466 000	7 490 000	5 001 000
Total Retained Equity	−5 969 000	0	−4 006 000	−2 133 000
Total Equity	−1 064 000	4 935 000	5 741 000	3 403 000
Total Long-Term Debt	5 000 000	5 000 000	0	0
Total Current Debt	10 657 000	1 531 000	1 748 000	1 599 000
Total Equity and Debt	14 593 000	11 466 000	7 490 000	5 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 255 000	6 004 000	2 953 000	4 650 000
Other Income	119 000	19 000	164 000	491 000
Revenue	5 374 000	6 023 000	3 116 000	5 141 000
Cost of Goods Sold	1 766 000	797 000	620 000	257 000
Salary Costs	4 458 000	2 432 000	1 624 000	2 146 000
Depreciation	2 015 000	1 003 000	144 000	84 000
Impairment	0	0	0	0
Expenditure	11 117 000	7 180 000	5 029 000	5 844 000
Operating Profit	−5 742 000	−1 088 000	−1 860 000	−702 000
Financial Income	58 000	27 000	41 000	7 000
Financial Costs	284 000	146 000	54 000	112 000
Financial Balance	−226 000	−119 000	−13 000	−105 000
Dividends	0	0	0	0
Net Income	−5 969 000	−1 207 000	−1 873 000	−807 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 107 000	8 809 000	4 764 000	636 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	33 000	0	0
Total Tangible Assets	26 000	33 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 133 000	8 843 000	4 764 000	636 000
Stock	122 000	123 000	53 000	0
Total Investments	0	0	0	0
Cash, Bank	1 140 000	837 000	1 362 000	116 000
Total Current Assets	3 460 000	2 623 000	2 726 000	4 365 000
Total Assets	14 593 000	11 466 000	7 490 000	5 001 000
Total Equity	−1 064 000	4 935 000	5 741 000	3 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 000 000	0	0
Creditors	816 000	394 000	318 000	463 000
Unpaid Taxes	423 000	483 000	350 000	446 000
Dividends	0	0	0	0
Other Current Debt	1 017 000	655 000	1 080 000	690 000
Total Current Debt	10 657 000	1 531 000	1 748 000	1 599 000
Total Equity and Debt	14 593 000	11 466 000	7 490 000	5 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	561 %	−24,46 %	−32,62 %	−23,71 %
Debt-to-Equity Ratio	−4,7	1,01	0	0
Operating Profit Margin	−106,85 %	−18,06 %	−59,69 %	−13,65 %
Current Ratio	0,32	1,71	1,56	2,73
Quick Ratio	0,33	1,86	1,61	2,73
Equity Ratio	−0,07	0,43	0,77	0,68
Gross Profit Margin	67,14 %	86,77 %	80,1 %	95 %