FRIEND SOFTWARE LABS AS

4015 STAVANGER

Finances

Share Ownership

Return on Equity

1 122,58 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 000	763 000	1 129 000	763 000
Net Income	−13 819 000	−4 535 000	−4 937 000	−4 520 000
Total Assets	533 000	8 856 000	10 826 000	5 938 000
Total Equity	−1 231 000	6 988 000	4 440 000	−25 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 000	763 000	1 129 000	763 000
Expenditure	13 990 000	5 322 000	5 577 000	4 528 000
Operating Profit	−13 814 000	−4 558 000	−4 448 000	−3 764 000
Financial Income	5 000	33 000	23 000	0
Financial Costs	10 000	10 000	512 000	756 000
Financial Balance	−5 000	23 000	−489 000	−756 000
Earnings Before Tax	−13 819 000	−4 535 000	−4 937 000	−4 520 000
Tax	0	0	0	0
Net Income	−13 819 000	−4 535 000	−4 937 000	−4 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	6 737 000	6 341 000	3 757 000
Total Current Assets	500 000	2 118 000	4 485 000	2 181 000
Total Assets	533 000	8 856 000	10 826 000	5 938 000
Total Retained Equity	−9 631 000	0	−600 000	−25 641 000
Total Equity	−1 231 000	6 988 000	4 440 000	−25 623 000
Total Long-Term Debt	0	0	4 445 000	29 947 000
Total Current Debt	1 764 000	1 867 000	1 941 000	1 614 000
Total Equity and Debt	533 000	8 856 000	10 826 000	5 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 000	763 000	1 129 000	763 000
Other Income	0	0	0	0
Revenue	177 000	763 000	1 129 000	763 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 715 000	2 643 000	1 450 000	2 000 000
Depreciation	0	0	0	0
Impairment	6 704 000	0	0	0
Expenditure	13 990 000	5 322 000	5 577 000	4 528 000
Operating Profit	−13 814 000	−4 558 000	−4 448 000	−3 764 000
Financial Income	5 000	33 000	23 000	0
Financial Costs	10 000	10 000	512 000	756 000
Financial Balance	−5 000	23 000	−489 000	−756 000
Dividends	0	0	0	0
Net Income	−13 819 000	−4 535 000	−4 937 000	−4 520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	6 737 000	6 162 000	3 368 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	53 000	0
Total Tangible Assets	0	0	53 000	0
Total Fiancial Fixed Assets	0	0	126 000	389 000
Total Fixed Assets	34 000	6 737 000	6 341 000	3 757 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	348 000	778 000	2 486 000	323 000
Total Current Assets	500 000	2 118 000	4 485 000	2 181 000
Total Assets	533 000	8 856 000	10 826 000	5 938 000
Total Equity	−1 231 000	6 988 000	4 440 000	−25 623 000
Short-Term Group Debt	0	0	16 000	13 000
Total Long-Term Debt	0	0	4 445 000	29 947 000
Creditors	395 000	1 041 000	1 049 000	703 000
Unpaid Taxes	196 000	256 000	224 000	236 000
Dividends	0	0	0	0
Other Current Debt	1 173 000	571 000	653 000	662 000
Total Current Debt	1 764 000	1 867 000	1 941 000	1 614 000
Total Equity and Debt	533 000	8 856 000	10 826 000	5 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 122,58 %	−64,9 %	−111,19 %	17,64 %
Debt-to-Equity Ratio	−0	0	1	−1,17
Operating Profit Margin	−7 804,52 %	−597,38 %	−393,98 %	−493,32 %
Current Ratio	0,28	1,13	2,31	1,35
Quick Ratio	0,28	1,13	2,31	1,35
Equity Ratio	−2,31	0,79	0,41	−4,32
Gross Profit Margin	100 %	100 %	100 %	100 %