HEAR IT AS

0855 OSLO

Finances

Return on Equity

−8,51 %

Current Ratio

6,99

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 725 000	1 118 000	359 000	341 000
Net Income	−884 000	−252 000	−2 373 000	−1 735 000
Total Assets	20 227 000	14 159 000	16 294 000	14 728 000
Total Equity	10 389 000	10 802 000	5 909 000	10 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 725 000	1 118 000	359 000	341 000
Expenditure	2 339 000	1 281 000	2 492 000	2 308 000
Operating Profit	−614 000	−164 000	−2 133 000	−1 968 000
Financial Income	132 000	179 000	106 000	399 000
Financial Costs	402 000	267 000	346 000	166 000
Financial Balance	−270 000	−88 000	−240 000	233 000
Earnings Before Tax	−884 000	−252 000	−2 373 000	−1 735 000
Tax	0	0	0	0
Net Income	−884 000	−252 000	−2 373 000	−1 735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 491 000	12 125 000	14 970 000	13 392 000
Total Current Assets	6 736 000	2 034 000	1 324 000	1 336 000
Total Assets	20 227 000	14 159 000	16 294 000	14 728 000
Total Retained Equity	0	0	0	−9 492 000
Total Equity	10 389 000	10 802 000	5 909 000	10 443 000
Total Long-Term Debt	8 875 000	2 250 000	2 500 000	2 500 000
Total Current Debt	963 000	1 107 000	7 885 000	1 786 000
Total Equity and Debt	20 227 000	14 159 000	16 294 000	14 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 176 000	818 000	359 000	341 000
Other Income	549 000	300 000	0	0
Revenue	1 725 000	1 118 000	359 000	341 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 395 000	823 000	685 000	487 000
Depreciation	38 000	9 000	9 000	13 000
Impairment	0	0	891 000	0
Expenditure	2 339 000	1 281 000	2 492 000	2 308 000
Operating Profit	−614 000	−164 000	−2 133 000	−1 968 000
Financial Income	132 000	179 000	106 000	399 000
Financial Costs	402 000	267 000	346 000	166 000
Financial Balance	−270 000	−88 000	−240 000	233 000
Dividends	0	0	0	0
Net Income	−884 000	−252 000	−2 373 000	−1 735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	590 000	590 000	590 000	1 481 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	214 000	22 000	30 000	39 000
Total Tangible Assets	214 000	22 000	30 000	39 000
Total Fiancial Fixed Assets	12 687 000	11 514 000	14 350 000	11 872 000
Total Fixed Assets	13 491 000	12 125 000	14 970 000	13 392 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	455 000	1 573 000	313 000	1 271 000
Total Current Assets	6 736 000	2 034 000	1 324 000	1 336 000
Total Assets	20 227 000	14 159 000	16 294 000	14 728 000
Total Equity	10 389 000	10 802 000	5 909 000	10 443 000
Short-Term Group Debt	0	0	3 587 000	0
Total Long-Term Debt	8 875 000	2 250 000	2 500 000	2 500 000
Creditors	402 000	385 000	227 000	202 000
Unpaid Taxes	145 000	90 000	118 000	5 000
Dividends	0	0	0	0
Other Current Debt	416 000	632 000	3 953 000	1 579 000
Total Current Debt	963 000	1 107 000	7 885 000	1 786 000
Total Equity and Debt	20 227 000	14 159 000	16 294 000	14 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,51 %	−2,33 %	−40,16 %	−16,61 %
Debt-to-Equity Ratio	0,85	0,21	0,42	0,24
Operating Profit Margin	−35,59 %	−14,67 %	−594,15 %	−577,13 %
Current Ratio	6,99	1,84	0,17	0,75
Quick Ratio	6,99	1,84	0,17	0,75
Equity Ratio	0,51	0,76	0,36	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %