KLAVENESS DIGITAL AS

0283 OSLO

Finances

Return on Equity

−23,32 %

Current Ratio

2,77

Debt-to-Equity Ratio

1,31

Key figures (USD)	2022	2021	2020	2019
Revenue	6 350 000	5 156 000	4 007 000	2 811 000
Net Income	−3 023 000	−2 319 000	−1 268 000	−939 000
Total Assets	31 358 000	33 982 000	17 358 000	10 855 000
Total Equity	12 964 000	15 987 000	2 251 000	3 519 000

Income (USD)	2022	2021	2020	2019
Revenue	6 350 000	5 156 000	4 007 000	2 811 000
Expenditure	8 856 000	6 905 000	5 660 000	3 767 000
Operating Profit	−2 507 000	−1 748 000	−1 653 000	−955 000
Financial Income	795 000	285 000	553 000	70 000
Financial Costs	303 000	856 000	168 000	257 000
Financial Balance	492 000	−571 000	385 000	−187 000
Earnings Before Tax	−2 015 000	−2 319 000	−1 268 000	−1 143 000
Tax	1 008 000	0	0	−204 000
Net Income	−3 023 000	−2 319 000	−1 268 000	−939 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	27 288 000	28 615 000	8 678 000	6 907 000
Total Current Assets	4 070 000	5 366 000	8 681 000	3 948 000
Total Assets	31 358 000	33 982 000	17 358 000	10 855 000
Total Retained Equity	−6 610 000	−3 587 000	−1 268 000	0
Total Equity	12 964 000	15 987 000	2 251 000	3 519 000
Total Long-Term Debt	16 925 000	7 164 000	0	4 164 000
Total Current Debt	1 469 000	10 831 000	15 107 000	3 171 000
Total Equity and Debt	31 358 000	33 982 000	17 358 000	10 855 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	6 350 000	5 156 000	4 007 000	2 811 000
Other Income	0	0	0	0
Revenue	6 350 000	5 156 000	4 007 000	2 811 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 289 000	4 038 000	2 668 000	1 896 000
Depreciation	220 000	2 638 000	163 000	91 000
Impairment	0	0	0	0
Expenditure	8 856 000	6 905 000	5 660 000	3 767 000
Operating Profit	−2 507 000	−1 748 000	−1 653 000	−955 000
Financial Income	795 000	285 000	553 000	70 000
Financial Costs	303 000	856 000	168 000	257 000
Financial Balance	492 000	−571 000	385 000	−187 000
Dividends	0	0	0	0
Net Income	−3 023 000	−2 319 000	−1 268 000	−939 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	251 000	1 386 000	1 474 000	1 303 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	27 037 000	27 230 000	7 204 000	5 604 000
Total Fixed Assets	27 288 000	28 615 000	8 678 000	6 907 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 195 000	3 839 000	3 819 000	2 152 000
Total Current Assets	4 070 000	5 366 000	8 681 000	3 948 000
Total Assets	31 358 000	33 982 000	17 358 000	10 855 000
Total Equity	12 964 000	15 987 000	2 251 000	3 519 000
Short-Term Group Debt	165 000	10 019 000	14 395 000	2 754 000
Total Long-Term Debt	16 925 000	7 164 000	0	4 164 000
Creditors	129 000	80 000	143 000	66 000
Unpaid Taxes	361 000	290 000	236 000	155 000
Dividends	0	0	0	0
Other Current Debt	814 000	441 000	333 000	197 000
Total Current Debt	1 469 000	10 831 000	15 107 000	3 171 000
Total Equity and Debt	31 358 000	33 982 000	17 358 000	10 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,32 %	−14,51 %	−56,33 %	−26,68 %
Debt-to-Equity Ratio	1,31	0,45	0	1,18
Operating Profit Margin	−39,48 %	−33,9 %	−41,25 %	−33,97 %
Current Ratio	2,77	0,5	0,57	1,25
Quick Ratio	2,77	0,5	0,57	1,25
Equity Ratio	0,41	0,47	0,13	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %