PAYR AS

0278 OSLO

Finances

Share Ownership

Return on Equity

171,78 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	901 000	784 000	2 142 000
Net Income	−13 423 000	−12 862 000	−16 595 000	−17 863 000
Total Assets	408 000	12 743 000	32 632 000	35 291 000
Total Equity	−7 814 000	4 959 000	14 169 000	15 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	901 000	784 000	2 142 000
Expenditure	12 998 000	13 327 000	16 962 000	16 871 000
Operating Profit	−12 999 000	−12 425 000	−16 178 000	−14 730 000
Financial Income	0	17 000	95 000	31 000
Financial Costs	424 000	454 000	512 000	3 164 000
Financial Balance	−424 000	−437 000	−417 000	−3 133 000
Earnings Before Tax	−13 423 000	−12 862 000	−16 595 000	−17 863 000
Tax	0	0	0	0
Net Income	−13 423 000	−12 862 000	−16 595 000	−17 863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	10 964 000	28 719 000	29 567 000
Total Current Assets	389 000	1 778 000	3 914 000	5 724 000
Total Assets	408 000	12 743 000	32 632 000	35 291 000
Total Retained Equity	−70 818 000	−58 044 000	−45 182 000	−28 645 000
Total Equity	−7 814 000	4 959 000	14 169 000	15 056 000
Total Long-Term Debt	2 930 000	3 754 000	15 152 000	9 201 000
Total Current Debt	5 292 000	4 030 000	3 311 000	11 034 000
Total Equity and Debt	408 000	12 743 000	32 632 000	35 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	901 000	784 000	2 067 000
Other Income	0	0	0	75 000
Revenue	0	901 000	784 000	2 142 000
Cost of Goods Sold	−2 000	111 000	200 000	3 161 000
Salary Costs	178 000	380 000	6 825 000	5 653 000
Depreciation	36 000	59 000	148 000	122 000
Impairment	11 512 000	11 245 000	0	0
Expenditure	12 998 000	13 327 000	16 962 000	16 871 000
Operating Profit	−12 999 000	−12 425 000	−16 178 000	−14 730 000
Financial Income	0	17 000	95 000	31 000
Financial Costs	424 000	454 000	512 000	3 164 000
Financial Balance	−424 000	−437 000	−417 000	−3 133 000
Dividends	0	0	0	0
Net Income	−13 423 000	−12 862 000	−16 595 000	−17 863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 910 000	28 606 000	28 606 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	55 000	113 000	267 000
Total Tangible Assets	18 000	55 000	113 000	267 000
Total Fiancial Fixed Assets	0	0	0	695 000
Total Fixed Assets	18 000	10 964 000	28 719 000	29 567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	103 000	1 737 000	701 000
Total Current Assets	389 000	1 778 000	3 914 000	5 724 000
Total Assets	408 000	12 743 000	32 632 000	35 291 000
Total Equity	−7 814 000	4 959 000	14 169 000	15 056 000
Short-Term Group Debt	3 652 000	0	0	0
Total Long-Term Debt	2 930 000	3 754 000	15 152 000	9 201 000
Creditors	1 599 000	1 686 000	1 680 000	4 188 000
Unpaid Taxes	0	2 123 000	293 000	725 000
Dividends	0	0	0	0
Other Current Debt	41 000	221 000	1 338 000	6 121 000
Total Current Debt	5 292 000	4 030 000	3 311 000	11 034 000
Total Equity and Debt	408 000	12 743 000	32 632 000	35 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,78 %	−259,37 %	−117,12 %	−118,64 %
Debt-to-Equity Ratio	−0,37	0,76	1,07	0,61
Operating Profit Margin	-	−1 379,02 %	−2 063,52 %	−687,68 %
Current Ratio	0,07	0,44	1,18	0,52
Quick Ratio	0,07	0,44	1,18	0,52
Equity Ratio	−19,15	0,39	0,43	0,43
Gross Profit Margin	-	87,68 %	74,49 %	−47,57 %