LEXOLVE AS

0153 OSLO

Finances

Share Ownership

Return on Equity

−58,1 %

Current Ratio

3,28

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 568 000	6 882 000	1 394 000	2 114 000
Net Income	−10 138 000	−1 747 000	−3 271 000	1 913 000
Total Assets	24 099 000	34 427 000	15 057 000	12 477 000
Total Equity	17 450 000	27 588 000	6 494 000	8 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 568 000	6 882 000	1 394 000	2 114 000
Expenditure	19 653 000	8 420 000	4 543 000	117 000
Operating Profit	−10 084 000	−1 538 000	−3 150 000	1 998 000
Financial Income	57 000	21 000	19 000	20 000
Financial Costs	111 000	230 000	140 000	105 000
Financial Balance	−54 000	−209 000	−121 000	−85 000
Earnings Before Tax	−10 138 000	−1 747 000	−3 271 000	1 913 000
Tax	0	0	0	0
Net Income	−10 138 000	−1 747 000	−3 271 000	1 913 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 091 000	19 835 000	11 178 000	7 727 000
Total Current Assets	9 008 000	14 591 000	3 879 000	4 749 000
Total Assets	24 099 000	34 427 000	15 057 000	12 477 000
Total Retained Equity	−10 138 000	0	0	−1 953 000
Total Equity	17 450 000	27 588 000	6 494 000	8 847 000
Total Long-Term Debt	3 900 000	4 400 000	7 180 000	2 500 000
Total Current Debt	2 749 000	2 438 000	1 383 000	1 130 000
Total Equity and Debt	24 099 000	34 427 000	15 057 000	12 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 718 000	2 578 000	1 394 000	1 452 000
Other Income	6 850 000	4 305 000	0	662 000
Revenue	9 568 000	6 882 000	1 394 000	2 114 000
Cost of Goods Sold	759 000	1 536 000	487 000	109 000
Salary Costs	9 653 000	928 000	2 414 000	0
Depreciation	4 796 000	2 592 000	842 000	0
Impairment	0	0	0	0
Expenditure	19 653 000	8 420 000	4 543 000	117 000
Operating Profit	−10 084 000	−1 538 000	−3 150 000	1 998 000
Financial Income	57 000	21 000	19 000	20 000
Financial Costs	111 000	230 000	140 000	105 000
Financial Balance	−54 000	−209 000	−121 000	−85 000
Dividends	0	0	0	0
Net Income	−10 138 000	−1 747 000	−3 271 000	1 913 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 928 000	19 650 000	11 105 000	7 700 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	127 000	15 000	27 000
Total Tangible Assets	106 000	127 000	15 000	27 000
Total Fiancial Fixed Assets	58 000	58 000	58 000	0
Total Fixed Assets	15 091 000	19 835 000	11 178 000	7 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 658 000	11 402 000	3 602 000	2 700 000
Total Current Assets	9 008 000	14 591 000	3 879 000	4 749 000
Total Assets	24 099 000	34 427 000	15 057 000	12 477 000
Total Equity	17 450 000	27 588 000	6 494 000	8 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 900 000	4 400 000	7 180 000	2 500 000
Creditors	153 000	945 000	102 000	121 000
Unpaid Taxes	802 000	601 000	374 000	329 000
Dividends	0	0	0	0
Other Current Debt	1 794 000	892 000	908 000	681 000
Total Current Debt	2 749 000	2 438 000	1 383 000	1 130 000
Total Equity and Debt	24 099 000	34 427 000	15 057 000	12 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,1 %	−6,33 %	−50,37 %	21,62 %
Debt-to-Equity Ratio	0,22	0,16	1,11	0,28
Operating Profit Margin	−105,39 %	−22,35 %	−225,97 %	94,51 %
Current Ratio	3,28	5,98	2,8	4,2
Quick Ratio	3,28	5,98	2,8	4,2
Equity Ratio	0,72	0,8	0,43	0,71
Gross Profit Margin	92,07 %	77,68 %	65,06 %	94,84 %