BUSINESSCLASS.COM AS

0286 OSLO

Finances

Share Ownership

Return on Equity

−79,89 %

Current Ratio

15,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	999 000	72 000	20 000	38 000
Net Income	−17 840 000	−8 098 000	−3 458 000	−2 836 000
Total Assets	23 321 000	42 038 000	18 342 000	24 060 000
Total Equity	22 331 000	40 171 000	14 766 000	18 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	999 000	72 000	20 000	38 000
Expenditure	19 249 000	8 132 000	3 214 000	2 580 000
Operating Profit	−18 251 000	−8 060 000	−3 193 000	−2 542 000
Financial Income	516 000	100 000	97 000	5 000
Financial Costs	106 000	139 000	363 000	298 000
Financial Balance	410 000	−39 000	−266 000	−293 000
Earnings Before Tax	−17 840 000	−8 098 000	−3 458 000	−2 836 000
Tax	0	0	0	0
Net Income	−17 840 000	−8 098 000	−3 458 000	−2 836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 286 000	7 341 000	6 352 000	5 489 000
Total Current Assets	15 035 000	34 697 000	11 991 000	18 571 000
Total Assets	23 321 000	42 038 000	18 342 000	24 060 000
Total Retained Equity	−35 325 000	−17 485 000	−9 386 000	−5 928 000
Total Equity	22 331 000	40 171 000	14 766 000	18 224 000
Total Long-Term Debt	0	0	2 906 000	5 670 000
Total Current Debt	990 000	1 866 000	671 000	166 000
Total Equity and Debt	23 321 000	42 038 000	18 342 000	24 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	999 000	72 000	20 000	38 000
Other Income	0	0	0	0
Revenue	999 000	72 000	20 000	38 000
Cost of Goods Sold	0	0	51 000	0
Salary Costs	2 900 000	2 531 000	1 471 000	806 000
Depreciation	1 470 000	297 000	7 000	7 000
Impairment	379 000	0	0	0
Expenditure	19 249 000	8 132 000	3 214 000	2 580 000
Operating Profit	−18 251 000	−8 060 000	−3 193 000	−2 542 000
Financial Income	516 000	100 000	97 000	5 000
Financial Costs	106 000	139 000	363 000	298 000
Financial Balance	410 000	−39 000	−266 000	−293 000
Dividends	0	0	0	0
Net Income	−17 840 000	−8 098 000	−3 458 000	−2 836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 089 000	7 144 000	6 171 000	5 423 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	30 000	14 000	21 000
Total Tangible Assets	30 000	30 000	14 000	21 000
Total Fiancial Fixed Assets	166 000	166 000	166 000	45 000
Total Fixed Assets	8 286 000	7 341 000	6 352 000	5 489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 100 000	32 848 000	10 636 000	17 561 000
Total Current Assets	15 035 000	34 697 000	11 991 000	18 571 000
Total Assets	23 321 000	42 038 000	18 342 000	24 060 000
Total Equity	22 331 000	40 171 000	14 766 000	18 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 906 000	5 670 000
Creditors	251 000	735 000	161 000	0
Unpaid Taxes	190 000	215 000	123 000	71 000
Dividends	0	0	0	0
Other Current Debt	549 000	917 000	386 000	95 000
Total Current Debt	990 000	1 866 000	671 000	166 000
Total Equity and Debt	23 321 000	42 038 000	18 342 000	24 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,89 %	−20,16 %	−23,42 %	−15,56 %
Debt-to-Equity Ratio	0	0	0,2	0,31
Operating Profit Margin	−1 826,93 %	−11 194,44 %	−15 965 %	−6 689,47 %
Current Ratio	15,19	18,59	17,87	111,87
Quick Ratio	15,19	18,59	17,87	111,87
Equity Ratio	0,96	0,96	0,81	0,76
Gross Profit Margin	100 %	100 %	−155 %	100 %