COVISER AS

0275 OSLO

Finances

Share Ownership

Return on Equity

607,73 %

Current Ratio

3,13

Debt-to-Equity Ratio

−3,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	605 000	439 000	205 000	13 000
Net Income	−1 179 000	−1 900 000	−2 977 000	−12 000
Total Assets	637 000	910 000	2 488 000	31 000
Total Equity	−194 000	110 000	2 010 000	−12 000

Income (NOK)	2022	2021	2020	2019
Revenue	605 000	439 000	205 000	13 000
Expenditure	1 784 000	2 467 000	3 183 000	24 000
Operating Profit	−1 179 000	−2 028 000	−2 978 000	−12 000
Financial Income	0	134 000	1 000	0
Financial Costs	0	5 000	1 000	0
Financial Balance	0	129 000	0	0
Earnings Before Tax	−1 179 000	−1 900 000	−2 977 000	−12 000
Tax	0	0	0	0
Net Income	−1 179 000	−1 900 000	−2 977 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	287 000	395 000	0
Total Current Assets	410 000	623 000	2 093 000	31 000
Total Assets	637 000	910 000	2 488 000	31 000
Total Retained Equity	−231 000	0	−3 020 000	−42 000
Total Equity	−194 000	110 000	2 010 000	−12 000
Total Long-Term Debt	700 000	700 000	0	0
Total Current Debt	131 000	100 000	477 000	44 000
Total Equity and Debt	637 000	910 000	2 488 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	605 000	346 000	205 000	11 000
Other Income	0	93 000	0	2 000
Revenue	605 000	439 000	205 000	13 000
Cost of Goods Sold	33 000	45 000	158 000	0
Salary Costs	376 000	141 000	1 251 000	0
Depreciation	60 000	58 000	15 000	0
Impairment	0	0	0	0
Expenditure	1 784 000	2 467 000	3 183 000	24 000
Operating Profit	−1 179 000	−2 028 000	−2 978 000	−12 000
Financial Income	0	134 000	1 000	0
Financial Costs	0	5 000	1 000	0
Financial Balance	0	129 000	0	0
Dividends	0	0	0	0
Net Income	−1 179 000	−1 900 000	−2 977 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	179 000	179 000	179 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	108 000	111 000	0
Total Tangible Assets	48 000	108 000	111 000	0
Total Fiancial Fixed Assets	0	0	105 000	0
Total Fixed Assets	227 000	287 000	395 000	0
Stock	254 000	287 000	31 000	0
Total Investments	0	0	0	0
Cash, Bank	59 000	196 000	1 972 000	19 000
Total Current Assets	410 000	623 000	2 093 000	31 000
Total Assets	637 000	910 000	2 488 000	31 000
Total Equity	−194 000	110 000	2 010 000	−12 000
Short-Term Group Debt	0	0	0	39 000
Total Long-Term Debt	700 000	700 000	0	0
Creditors	49 000	42 000	278 000	5 000
Unpaid Taxes	47 000	27 000	100 000	0
Dividends	0	0	0	0
Other Current Debt	35 000	31 000	100 000	0
Total Current Debt	131 000	100 000	477 000	44 000
Total Equity and Debt	637 000	910 000	2 488 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	607,73 %	−1 727,27 %	−148,11 %	100 %
Debt-to-Equity Ratio	−3,61	6,36	0	−0
Operating Profit Margin	−194,88 %	−461,96 %	−1 452,68 %	−92,31 %
Current Ratio	3,13	6,23	4,39	0,7
Quick Ratio	−3,33	−3,33	4,69	0,7
Equity Ratio	−0,3	0,12	0,81	−0,39
Gross Profit Margin	94,55 %	89,75 %	22,93 %	100 %