TRUESTORY AS

0160 OSLO

Finances

Share Ownership

Return on Equity

47,82 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 715 000	7 876 000	4 997 000	5 766 000
Net Income	−5 969 000	−1 452 000	−1 657 000	−1 321 000
Total Assets	4 145 000	4 103 000	2 628 000	2 472 000
Total Equity	−12 482 000	−6 513 000	−5 061 000	−3 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 715 000	7 876 000	4 997 000	5 766 000
Expenditure	16 275 000	9 659 000	6 195 000	7 077 000
Operating Profit	−5 560 000	−1 783 000	−1 197 000	−1 311 000
Financial Income	0	342 000	0	15 000
Financial Costs	409 000	11 000	461 000	25 000
Financial Balance	−409 000	331 000	−461 000	−10 000
Earnings Before Tax	−5 969 000	−1 452 000	−1 657 000	−1 321 000
Tax	0	0	0	0
Net Income	−5 969 000	−1 452 000	−1 657 000	−1 321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 000	182 000	49 000	43 000
Total Current Assets	3 898 000	3 921 000	2 579 000	2 430 000
Total Assets	4 145 000	4 103 000	2 628 000	2 472 000
Total Retained Equity	−12 512 000	−6 543 000	−5 091 000	−3 434 000
Total Equity	−12 482 000	−6 513 000	−5 061 000	−3 404 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 627 000	10 616 000	7 689 000	5 876 000
Total Equity and Debt	4 145 000	4 103 000	2 628 000	2 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 715 000	7 876 000	4 997 000	5 766 000
Other Income	0	0	0	0
Revenue	10 715 000	7 876 000	4 997 000	5 766 000
Cost of Goods Sold	11 301 000	5 733 000	3 879 000	3 654 000
Salary Costs	4 245 000	3 473 000	429 000	1 010 000
Depreciation	80 000	17 000	9 000	6 000
Impairment	0	0	0	0
Expenditure	16 275 000	9 659 000	6 195 000	7 077 000
Operating Profit	−5 560 000	−1 783 000	−1 197 000	−1 311 000
Financial Income	0	342 000	0	15 000
Financial Costs	409 000	11 000	461 000	25 000
Financial Balance	−409 000	331 000	−461 000	−10 000
Dividends	0	0	0	0
Net Income	−5 969 000	−1 452 000	−1 657 000	−1 321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	244 000	172 000	32 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	10 000	17 000	0
Total Tangible Assets	3 000	10 000	17 000	0
Total Fiancial Fixed Assets	0	0	0	5 000
Total Fixed Assets	247 000	182 000	49 000	43 000
Stock	33 000	28 000	73 000	81 000
Total Investments	0	0	0	0
Cash, Bank	631 000	873 000	606 000	238 000
Total Current Assets	3 898 000	3 921 000	2 579 000	2 430 000
Total Assets	4 145 000	4 103 000	2 628 000	2 472 000
Total Equity	−12 482 000	−6 513 000	−5 061 000	−3 404 000
Short-Term Group Debt	9 997 000	6 921 000	5 836 000	4 274 000
Total Long-Term Debt	0	0	0	0
Creditors	505 000	1 865 000	952 000	818 000
Unpaid Taxes	36 000	33 000	26 000	74 000
Dividends	0	0	0	0
Other Current Debt	6 090 000	1 798 000	875 000	711 000
Total Current Debt	16 627 000	10 616 000	7 689 000	5 876 000
Total Equity and Debt	4 145 000	4 103 000	2 628 000	2 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,82 %	22,29 %	32,74 %	38,81 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−51,89 %	−22,64 %	−23,95 %	−22,74 %
Current Ratio	0,23	0,37	0,34	0,41
Quick Ratio	0,23	0,37	0,34	0,42
Equity Ratio	−3,01	−1,59	−1,93	−1,38
Gross Profit Margin	−5,47 %	27,21 %	22,37 %	36,63 %