ICONFIRM AS

1170 OSLO

Finances

Share Ownership

Return on Equity

21,76 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 669 000	684 000	874 000	1 350 000
Net Income	−1 801 000	−4 012 000	−2 543 000	−2 547 000
Total Assets	232 000	1 929 000	2 571 000	4 230 000
Total Equity	−8 278 000	−6 477 000	−3 415 000	−1 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 669 000	684 000	874 000	1 350 000
Expenditure	3 210 000	4 471 000	3 202 000	2 796 000
Operating Profit	−1 540 000	−3 787 000	−2 329 000	−1 446 000
Financial Income	0	2 000	1 000	3 000
Financial Costs	261 000	228 000	215 000	199 000
Financial Balance	−261 000	−226 000	−214 000	−196 000
Earnings Before Tax	−1 801 000	−4 012 000	−2 543 000	−1 642 000
Tax	0	0	0	905 000
Net Income	−1 801 000	−4 012 000	−2 543 000	−2 547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	1 044 000	2 343 000	3 709 000
Total Current Assets	212 000	885 000	228 000	521 000
Total Assets	232 000	1 929 000	2 571 000	4 230 000
Total Retained Equity	−11 191 000	−9 390 000	−5 378 000	−2 835 000
Total Equity	−8 278 000	−6 477 000	−3 415 000	−1 478 000
Total Long-Term Debt	7 959 000	7 400 000	5 000 000	4 884 000
Total Current Debt	552 000	1 006 000	985 000	824 000
Total Equity and Debt	232 000	1 929 000	2 571 000	4 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 669 000	684 000	874 000	1 350 000
Other Income	0	0	0	0
Revenue	1 669 000	684 000	874 000	1 350 000
Cost of Goods Sold	0	0	43 000	0
Salary Costs	1 538 000	1 542 000	1 185 000	8 000
Depreciation	1 024 000	1 299 000	1 313 000	1 313 000
Impairment	0	0	0	0
Expenditure	3 210 000	4 471 000	3 202 000	2 796 000
Operating Profit	−1 540 000	−3 787 000	−2 329 000	−1 446 000
Financial Income	0	2 000	1 000	3 000
Financial Costs	261 000	228 000	215 000	199 000
Financial Balance	−261 000	−226 000	−214 000	−196 000
Dividends	0	0	0	0
Net Income	−1 801 000	−4 012 000	−2 543 000	−2 547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 024 000	2 323 000	3 708 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	1 000
Total Fixed Assets	20 000	1 044 000	2 343 000	3 709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	781 000	120 000	44 000
Total Current Assets	212 000	885 000	228 000	521 000
Total Assets	232 000	1 929 000	2 571 000	4 230 000
Total Equity	−8 278 000	−6 477 000	−3 415 000	−1 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 959 000	7 400 000	5 000 000	4 884 000
Creditors	69 000	268 000	226 000	351 000
Unpaid Taxes	65 000	74 000	81 000	0
Dividends	0	0	0	0
Other Current Debt	418 000	433 000	457 000	263 000
Total Current Debt	552 000	1 006 000	985 000	824 000
Total Equity and Debt	232 000	1 929 000	2 571 000	4 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,76 %	61,94 %	74,47 %	172,33 %
Debt-to-Equity Ratio	−0,96	−1,14	−1,46	−3,3
Operating Profit Margin	−92,27 %	−553,65 %	−266,48 %	−107,11 %
Current Ratio	0,38	0,88	0,23	0,63
Quick Ratio	0,38	0,88	0,23	0,63
Equity Ratio	−35,68	−3,36	−1,33	−0,35
Gross Profit Margin	100 %	100 %	95,08 %	100 %