BARE FLYT AS

0461 OSLO

Finances

Share Ownership

Return on Equity

19,75 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 628 000	5 679 000	5 503 000	5 969 000
Net Income	−2 545 000	−5 072 000	−1 742 000	−1 914 000
Total Assets	5 414 000	5 352 000	7 074 000	7 154 000
Total Equity	−12 884 000	−10 339 000	−5 433 000	−3 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 628 000	5 679 000	5 503 000	5 969 000
Expenditure	10 851 000	8 330 000	7 492 000	8 239 000
Operating Profit	−2 223 000	−2 651 000	−1 988 000	−2 269 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	322 000	257 000	243 000	200 000
Financial Balance	−322 000	−256 000	−242 000	−199 000
Earnings Before Tax	−2 545 000	−2 907 000	−2 231 000	−2 468 000
Tax	0	2 165 000	−489 000	−555 000
Net Income	−2 545 000	−5 072 000	−1 742 000	−1 914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 366 000	3 861 000	6 461 000	5 566 000
Total Current Assets	2 047 000	1 491 000	613 000	1 589 000
Total Assets	5 414 000	5 352 000	7 074 000	7 154 000
Total Retained Equity	−15 260 000	−12 715 000	−7 809 000	−6 049 000
Total Equity	−12 884 000	−10 339 000	−5 433 000	−3 673 000
Total Long-Term Debt	12 471 000	9 305 000	6 581 000	5 650 000
Total Current Debt	5 827 000	6 386 000	5 926 000	5 177 000
Total Equity and Debt	5 414 000	5 352 000	7 074 000	7 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 126 000	4 847 000	4 741 000	5 316 000
Other Income	2 502 000	832 000	762 000	654 000
Revenue	8 628 000	5 679 000	5 503 000	5 969 000
Cost of Goods Sold	950 000	500 000	458 000	643 000
Salary Costs	4 402 000	3 260 000	2 233 000	3 001 000
Depreciation	528 000	465 000	704 000	300 000
Impairment	0	0	0	0
Expenditure	10 851 000	8 330 000	7 492 000	8 239 000
Operating Profit	−2 223 000	−2 651 000	−1 988 000	−2 269 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	322 000	257 000	243 000	200 000
Financial Balance	−322 000	−256 000	−242 000	−199 000
Dividends	0	0	0	0
Net Income	−2 545 000	−5 072 000	−1 742 000	−1 914 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 165 000	1 695 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 293 000	1 290 000
Fixtures	3 232 000	3 727 000	2 868 000	2 581 000
Total Tangible Assets	3 232 000	3 727 000	4 161 000	3 871 000
Total Fiancial Fixed Assets	135 000	135 000	135 000	0
Total Fixed Assets	3 366 000	3 861 000	6 461 000	5 566 000
Stock	78 000	28 000	82 000	73 000
Total Investments	0	0	0	0
Cash, Bank	685 000	268 000	257 000	564 000
Total Current Assets	2 047 000	1 491 000	613 000	1 589 000
Total Assets	5 414 000	5 352 000	7 074 000	7 154 000
Total Equity	−12 884 000	−10 339 000	−5 433 000	−3 673 000
Short-Term Group Debt	0	1 024 000	224 000	220 000
Total Long-Term Debt	12 471 000	9 305 000	6 581 000	5 650 000
Creditors	1 372 000	735 000	1 011 000	782 000
Unpaid Taxes	251 000	273 000	223 000	314 000
Dividends	0	0	0	0
Other Current Debt	4 204 000	4 354 000	4 468 000	3 861 000
Total Current Debt	5 827 000	6 386 000	5 926 000	5 177 000
Total Equity and Debt	5 414 000	5 352 000	7 074 000	7 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,75 %	49,06 %	32,06 %	52,11 %
Debt-to-Equity Ratio	−0,97	−0,9	−1,21	−1,54
Operating Profit Margin	−25,76 %	−46,68 %	−36,13 %	−38,01 %
Current Ratio	0,35	0,23	0,1	0,31
Quick Ratio	0,36	0,23	0,1	0,31
Equity Ratio	−2,38	−1,93	−0,77	−0,51
Gross Profit Margin	88,99 %	91,2 %	91,68 %	89,23 %