SETTL AS

0275 OSLO

Finances

Share Ownership

Return on Equity

−126,02 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 226 000	7 355 000	6 757 000	3 356 000
Net Income	−5 574 000	−4 895 000	−2 941 000	−6 123 000
Total Assets	8 445 000	13 429 000	5 275 000	6 501 000
Total Equity	4 423 000	9 997 000	1 748 000	4 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 226 000	7 355 000	6 757 000	3 356 000
Expenditure	14 886 000	12 204 000	9 713 000	9 296 000
Operating Profit	−5 660 000	−4 848 000	−2 956 000	−5 941 000
Financial Income	215 000	87 000	66 000	52 000
Financial Costs	128 000	134 000	50 000	234 000
Financial Balance	87 000	−47 000	16 000	−182 000
Earnings Before Tax	−5 574 000	−4 895 000	−2 941 000	−6 123 000
Tax	0	0	0	0
Net Income	−5 574 000	−4 895 000	−2 941 000	−6 123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	1 018 000	1 741 000	2 724 000
Total Current Assets	8 230 000	12 411 000	3 533 000	3 777 000
Total Assets	8 445 000	13 429 000	5 275 000	6 501 000
Total Retained Equity	−35 064 000	−29 491 000	−24 596 000	−21 655 000
Total Equity	4 423 000	9 997 000	1 748 000	4 689 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 022 000	3 432 000	3 527 000	1 812 000
Total Equity and Debt	8 445 000	13 429 000	5 275 000	6 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 130 000	7 120 000	6 757 000	3 356 000
Other Income	97 000	235 000	0	0
Revenue	9 226 000	7 355 000	6 757 000	3 356 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 702 000	5 840 000	5 210 000	4 426 000
Depreciation	865 000	1 090 000	1 023 000	998 000
Impairment	0	0	0	0
Expenditure	14 886 000	12 204 000	9 713 000	9 296 000
Operating Profit	−5 660 000	−4 848 000	−2 956 000	−5 941 000
Financial Income	215 000	87 000	66 000	52 000
Financial Costs	128 000	134 000	50 000	234 000
Financial Balance	87 000	−47 000	16 000	−182 000
Dividends	0	0	0	0
Net Income	−5 574 000	−4 895 000	−2 941 000	−6 123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	161 000	974 000	1 635 000	2 579 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	44 000	106 000	145 000
Total Tangible Assets	55 000	44 000	106 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 000	1 018 000	1 741 000	2 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 860 000	10 636 000	1 382 000	2 211 000
Total Current Assets	8 230 000	12 411 000	3 533 000	3 777 000
Total Assets	8 445 000	13 429 000	5 275 000	6 501 000
Total Equity	4 423 000	9 997 000	1 748 000	4 689 000
Short-Term Group Debt	1 500 000	1 500 000	1 500 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 127 000	760 000	745 000	1 107 000
Unpaid Taxes	474 000	438 000	602 000	218 000
Dividends	0	0	0	0
Other Current Debt	921 000	734 000	680 000	487 000
Total Current Debt	4 022 000	3 432 000	3 527 000	1 812 000
Total Equity and Debt	8 445 000	13 429 000	5 275 000	6 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−126,02 %	−48,96 %	−168,25 %	−130,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−61,35 %	−65,91 %	−43,75 %	−177,03 %
Current Ratio	2,05	3,62	1	2,08
Quick Ratio	2,05	3,62	1	2,08
Equity Ratio	0,52	0,74	0,33	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %