FRIEND SOFTWARE CORPORATION AS

4015 STAVANGER

Finances

Return on Equity

3 490,82 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	0	1 050 000	366 000
Net Income	−3 421 000	−40 876 000	−535 000	−2 985 000
Total Assets	95 000	3 372 000	41 660 000	39 741 000
Total Equity	−98 000	3 322 000	41 160 000	13 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	0	1 050 000	366 000
Expenditure	90 000	363 000	2 150 000	4 137 000
Operating Profit	−15 000	−363 000	−1 100 000	−3 772 000
Financial Income	0	0	589 000	810 000
Financial Costs	3 406 000	40 514 000	25 000	23 000
Financial Balance	−3 406 000	−40 514 000	564 000	787 000
Earnings Before Tax	−3 421 000	−40 876 000	−535 000	−2 985 000
Tax	0	0	0	0
Net Income	−3 421 000	−40 876 000	−535 000	−2 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 327 000	41 125 000	31 842 000
Total Current Assets	95 000	45 000	535 000	7 900 000
Total Assets	95 000	3 372 000	41 660 000	39 741 000
Total Retained Equity	−305 000	0	0	0
Total Equity	−98 000	3 322 000	41 160 000	13 455 000
Total Long-Term Debt	0	0	0	19 989 000
Total Current Debt	194 000	50 000	500 000	6 297 000
Total Equity and Debt	95 000	3 372 000	41 660 000	39 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	0	1 050 000	366 000
Other Income	0	0	0	0
Revenue	75 000	0	1 050 000	366 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−23 000	1 317 000	2 296 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	90 000	363 000	2 150 000	4 137 000
Operating Profit	−15 000	−363 000	−1 100 000	−3 772 000
Financial Income	0	0	589 000	810 000
Financial Costs	3 406 000	40 514 000	25 000	23 000
Financial Balance	−3 406 000	−40 514 000	564 000	787 000
Dividends	0	0	0	0
Net Income	−3 421 000	−40 876 000	−535 000	−2 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	3 327 000	41 125 000	31 842 000
Total Fixed Assets	0	3 327 000	41 125 000	31 842 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	10 000	259 000	7 723 000
Total Current Assets	95 000	45 000	535 000	7 900 000
Total Assets	95 000	3 372 000	41 660 000	39 741 000
Total Equity	−98 000	3 322 000	41 160 000	13 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	19 989 000
Creditors	45 000	50 000	139 000	6 000
Unpaid Taxes	16 000	0	41 000	416 000
Dividends	0	0	0	0
Other Current Debt	132 000	0	320 000	5 875 000
Total Current Debt	194 000	50 000	500 000	6 297 000
Total Equity and Debt	95 000	3 372 000	41 660 000	39 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 490,82 %	−1 230,46 %	−1,3 %	−22,19 %
Debt-to-Equity Ratio	−0	0	0	1,49
Operating Profit Margin	−20 %	-	−104,76 %	−1 030,6 %
Current Ratio	0,49	0,9	1,07	1,25
Quick Ratio	0,49	0,9	1,07	1,25
Equity Ratio	−1,03	0,99	0,99	0,34
Gross Profit Margin	100 %	-	100 %	100 %