FOLIO AS

0181 OSLO

Finances

Share Ownership

Return on Equity

−33,31 %

Current Ratio

5,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 449 000	1 121 000	75 000	23 000
Net Income	−16 695 000	−7 613 000	−10 913 000	−11 259 000
Total Assets	53 635 000	36 386 000	17 288 000	3 328 000
Total Equity	50 113 000	26 896 000	13 513 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 449 000	1 121 000	75 000	23 000
Expenditure	21 109 000	8 671 000	10 867 000	12 638 000
Operating Profit	−16 660 000	−7 550 000	−10 792 000	−12 616 000
Financial Income	202 000	−38 000	46 000	39 000
Financial Costs	237 000	25 000	166 000	1 000
Financial Balance	−35 000	−63 000	−120 000	38 000
Earnings Before Tax	−16 695 000	−7 613 000	−10 913 000	−12 578 000
Tax	0	0	0	−1 319 000
Net Income	−16 695 000	−7 613 000	−10 913 000	−11 259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 101 000	30 980 000	62 000	341 000
Total Current Assets	20 534 000	5 406 000	17 226 000	2 987 000
Total Assets	53 635 000	36 386 000	17 288 000	3 328 000
Total Retained Equity	−32 837 000	−16 142 000	−29 400 000	−18 487 000
Total Equity	50 113 000	26 896 000	13 513 000	212 000
Total Long-Term Debt	0	0	1 500 000	1 500 000
Total Current Debt	3 522 000	9 490 000	2 275 000	1 616 000
Total Equity and Debt	53 635 000	36 386 000	17 288 000	3 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 420 000	1 104 000	75 000	23 000
Other Income	29 000	17 000	0	0
Revenue	4 449 000	1 121 000	75 000	23 000
Cost of Goods Sold	2 936 000	441 000	182 000	87 000
Salary Costs	5 834 000	2 323 000	5 892 000	9 419 000
Depreciation	4 429 000	0	11 000	13 000
Impairment	0	0	0	0
Expenditure	21 109 000	8 671 000	10 867 000	12 638 000
Operating Profit	−16 660 000	−7 550 000	−10 792 000	−12 616 000
Financial Income	202 000	−38 000	46 000	39 000
Financial Costs	237 000	25 000	166 000	1 000
Financial Balance	−35 000	−63 000	−120 000	38 000
Dividends	0	0	0	0
Net Income	−16 695 000	−7 613 000	−10 913 000	−11 259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 038 000	30 980 000	62 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	0	0	11 000
Total Tangible Assets	63 000	0	0	11 000
Total Fiancial Fixed Assets	0	0	0	268 000
Total Fixed Assets	33 101 000	30 980 000	62 000	341 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 482 000	2 558 000	15 124 000	2 983 000
Total Current Assets	20 534 000	5 406 000	17 226 000	2 987 000
Total Assets	53 635 000	36 386 000	17 288 000	3 328 000
Total Equity	50 113 000	26 896 000	13 513 000	212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 500 000	1 500 000
Creditors	352 000	948 000	751 000	242 000
Unpaid Taxes	844 000	713 000	529 000	542 000
Dividends	0	0	0	0
Other Current Debt	2 326 000	2 829 000	995 000	832 000
Total Current Debt	3 522 000	9 490 000	2 275 000	1 616 000
Total Equity and Debt	53 635 000	36 386 000	17 288 000	3 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,31 %	−28,31 %	−80,76 %	−5 310,85 %
Debt-to-Equity Ratio	0	0	0,11	7,08
Operating Profit Margin	−374,47 %	−673,51 %	−14 389,33 %	−54 852,17 %
Current Ratio	5,83	0,57	7,57	1,85
Quick Ratio	5,83	0,57	7,57	1,85
Equity Ratio	0,93	0,74	0,78	0,06
Gross Profit Margin	34,01 %	60,66 %	−142,67 %	−278,26 %