BIKEFINDER AS

4007 STAVANGER

Finances

Return on Equity

−48,88 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 897 000	11 289 000	6 815 000	2 300 000
Net Income	−8 961 000	−5 921 000	−6 315 000	−4 632 000
Total Assets	29 180 000	29 611 000	25 586 000	22 364 000
Total Equity	18 331 000	17 323 000	8 671 000	8 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 897 000	11 289 000	6 815 000	2 300 000
Expenditure	19 556 000	18 667 000	14 705 000	8 192 000
Operating Profit	−8 659 000	−7 377 000	−7 890 000	−5 891 000
Financial Income	70 000	75 000	31 000	15 000
Financial Costs	373 000	421 000	334 000	340 000
Financial Balance	−303 000	−346 000	−303 000	−325 000
Earnings Before Tax	−8 961 000	−7 724 000	−8 193 000	−6 216 000
Tax	0	−1 803 000	−1 877 000	−1 584 000
Net Income	−8 961 000	−5 921 000	−6 315 000	−4 632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 476 000	17 099 000	15 125 000	13 883 000
Total Current Assets	11 704 000	12 512 000	10 461 000	8 480 000
Total Assets	29 180 000	29 611 000	25 586 000	22 364 000
Total Retained Equity	0	0	0	−10 440 000
Total Equity	18 331 000	17 323 000	8 671 000	8 689 000
Total Long-Term Debt	5 138 000	6 239 000	7 168 000	7 631 000
Total Current Debt	5 711 000	6 050 000	9 746 000	6 043 000
Total Equity and Debt	29 180 000	29 611 000	25 586 000	22 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 897 000	11 289 000	6 815 000	2 300 000
Other Income	0	0	0	0
Revenue	10 897 000	11 289 000	6 815 000	2 300 000
Cost of Goods Sold	5 442 000	6 638 000	4 768 000	1 168 000
Salary Costs	7 176 000	5 506 000	3 947 000	1 336 000
Depreciation	1 847 000	1 295 000	1 132 000	835 000
Impairment	0	0	0	0
Expenditure	19 556 000	18 667 000	14 705 000	8 192 000
Operating Profit	−8 659 000	−7 377 000	−7 890 000	−5 891 000
Financial Income	70 000	75 000	31 000	15 000
Financial Costs	373 000	421 000	334 000	340 000
Financial Balance	−303 000	−346 000	−303 000	−325 000
Dividends	0	0	0	0
Net Income	−8 961 000	−5 921 000	−6 315 000	−4 632 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 011 000	16 542 000	14 768 000	13 852 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	153 000	244 000	44 000	18 000
Total Tangible Assets	153 000	244 000	44 000	18 000
Total Fiancial Fixed Assets	312 000	312 000	312 000	12 000
Total Fixed Assets	17 476 000	17 099 000	15 125 000	13 883 000
Stock	2 691 000	3 424 000	1 607 000	3 346 000
Total Investments	0	0	0	0
Cash, Bank	3 737 000	6 373 000	6 878 000	284 000
Total Current Assets	11 704 000	12 512 000	10 461 000	8 480 000
Total Assets	29 180 000	29 611 000	25 586 000	22 364 000
Total Equity	18 331 000	17 323 000	8 671 000	8 689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 138 000	6 239 000	7 168 000	7 631 000
Creditors	601 000	542 000	1 006 000	1 863 000
Unpaid Taxes	764 000	635 000	442 000	196 000
Dividends	0	0	0	0
Other Current Debt	4 346 000	4 873 000	6 819 000	2 670 000
Total Current Debt	5 711 000	6 050 000	9 746 000	6 043 000
Total Equity and Debt	29 180 000	29 611 000	25 586 000	22 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,88 %	−34,18 %	−72,83 %	−53,31 %
Debt-to-Equity Ratio	0,28	0,36	0,83	0,88
Operating Profit Margin	−79,46 %	−65,35 %	−115,77 %	−256,13 %
Current Ratio	2,05	2,07	1,07	1,4
Quick Ratio	3,88	4,76	1,29	3,14
Equity Ratio	0,63	0,59	0,34	0,39
Gross Profit Margin	50,06 %	41,2 %	30,04 %	49,22 %