NEVER OFFSIDE TECHNOLOGIES AS

2317 HAMAR

Finances

Share Ownership

Return on Equity

−105,71 %

Current Ratio

0,69

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 487 000	1 933 000	0	60 000
Net Income	−2 667 000	−3 182 000	−1 090 000	−3 183 000
Total Assets	10 355 000	6 600 000	4 283 000	1 910 000
Total Equity	2 523 000	−943 000	1 224 000	−3 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 487 000	1 933 000	0	60 000
Expenditure	6 672 000	5 881 000	976 000	3 102 000
Operating Profit	−3 185 000	−3 948 000	−976 000	−3 042 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	233 000	132 000	117 000	142 000
Financial Balance	−232 000	−132 000	−114 000	−141 000
Earnings Before Tax	−3 417 000	−4 079 000	−1 090 000	−3 183 000
Tax	−750 000	−897 000	0	0
Net Income	−2 667 000	−3 182 000	−1 090 000	−3 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 247 000	6 237 000	1 703 000	1 275 000
Total Current Assets	1 108 000	363 000	2 580 000	636 000
Total Assets	10 355 000	6 600 000	4 283 000	1 910 000
Total Retained Equity	−9 460 000	−6 793 000	−4 626 000	−3 537 000
Total Equity	2 523 000	−943 000	1 224 000	−3 207 000
Total Long-Term Debt	6 225 000	2 188 000	2 375 000	2 750 000
Total Current Debt	1 607 000	5 356 000	685 000	2 367 000
Total Equity and Debt	10 355 000	6 600 000	4 283 000	1 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 487 000	1 833 000	0	60 000
Other Income	0	100 000	0	0
Revenue	3 487 000	1 933 000	0	60 000
Cost of Goods Sold	1 317 000	2 334 000	0	1 842 000
Salary Costs	1 217 000	708 000	3 000	0
Depreciation	2 166 000	1 785 000	771 000	771 000
Impairment	0	0	0	0
Expenditure	6 672 000	5 881 000	976 000	3 102 000
Operating Profit	−3 185 000	−3 948 000	−976 000	−3 042 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	233 000	132 000	117 000	142 000
Financial Balance	−232 000	−132 000	−114 000	−141 000
Dividends	0	0	0	0
Net Income	−2 667 000	−3 182 000	−1 090 000	−3 183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 221 000	6 185 000	1 626 000	1 275 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	52 000	78 000	0
Total Tangible Assets	26 000	52 000	78 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 247 000	6 237 000	1 703 000	1 275 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	133 000	2 541 000	552 000
Total Current Assets	1 108 000	363 000	2 580 000	636 000
Total Assets	10 355 000	6 600 000	4 283 000	1 910 000
Total Equity	2 523 000	−943 000	1 224 000	−3 207 000
Short-Term Group Debt	0	1 734 000	0	0
Total Long-Term Debt	6 225 000	2 188 000	2 375 000	2 750 000
Creditors	1 312 000	3 420 000	657 000	1 357 000
Unpaid Taxes	57 000	39 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	238 000	163 000	10 000	1 011 000
Total Current Debt	1 607 000	5 356 000	685 000	2 367 000
Total Equity and Debt	10 355 000	6 600 000	4 283 000	1 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−105,71 %	337,43 %	−89,05 %	99,25 %
Debt-to-Equity Ratio	2,47	−2,32	1,94	−0,86
Operating Profit Margin	−91,34 %	−204,24 %	-	−5 070 %
Current Ratio	0,69	0,07	3,77	0,27
Quick Ratio	0,69	0,07	3,77	0,27
Equity Ratio	0,24	−0,14	0,29	−1,68
Gross Profit Margin	62,23 %	−20,74 %	-	−2 970 %