RELEASE AS

0164 OSLO

Finances

Return on Equity

−1 857,55 %

Current Ratio

Debt-to-Equity Ratio

10,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 178 000	83 096 000	6 811 000	8 125 000
Net Income	−178 102 000	−37 203 000	−14 036 000	−1 401 000
Total Assets	230 787 000	109 241 000	5 866 000	2 711 000
Total Equity	9 588 000	26 007 000	−3 869 000	1 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 178 000	83 096 000	6 811 000	8 125 000
Expenditure	458 295 000	119 237 000	20 687 000	9 511 000
Operating Profit	−172 118 000	−36 141 000	−13 876 000	−1 385 000
Financial Income	1 737 000	368 000	1 000	4 000
Financial Costs	7 721 000	1 545 000	161 000	20 000
Financial Balance	−5 984 000	−1 177 000	−160 000	−16 000
Earnings Before Tax	−178 102 000	−37 318 000	−14 036 000	−1 401 000
Tax	0	−115 000	0	0
Net Income	−178 102 000	−37 203 000	−14 036 000	−1 401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 578 000	57 999 000	2 124 000	924 000
Total Current Assets	120 208 000	51 242 000	3 741 000	1 787 000
Total Assets	230 787 000	109 241 000	5 866 000	2 711 000
Total Retained Equity	−232 355 000	−53 243 000	−15 960 000	−1 925 000
Total Equity	9 588 000	26 007 000	−3 869 000	1 998 000
Total Long-Term Debt	101 186 000	28 161 000	4 400 000	0
Total Current Debt	120 012 000	55 074 000	5 334 000	713 000
Total Equity and Debt	230 787 000	109 241 000	5 866 000	2 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 919 000	82 920 000	6 671 000	8 125 000
Other Income	6 259 000	175 000	140 000	0
Revenue	286 178 000	83 096 000	6 811 000	8 125 000
Cost of Goods Sold	180 224 000	72 165 000	5 193 000	5 275 000
Salary Costs	110 212 000	15 604 000	4 443 000	2 182 000
Depreciation	26 761 000	7 987 000	174 000	67 000
Impairment	34 805 000	0	200 000	0
Expenditure	458 295 000	119 237 000	20 687 000	9 511 000
Operating Profit	−172 118 000	−36 141 000	−13 876 000	−1 385 000
Financial Income	1 737 000	368 000	1 000	4 000
Financial Costs	7 721 000	1 545 000	161 000	20 000
Financial Balance	−5 984 000	−1 177 000	−160 000	−16 000
Dividends	0	0	0	0
Net Income	−178 102 000	−37 203 000	−14 036 000	−1 401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	86 769 000	53 051 000	0	0
Total Intangible Assets	101 481 000	56 006 000	1 697 000	863 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 045 000	1 882 000	338 000	31 000
Total Tangible Assets	5 045 000	1 882 000	338 000	31 000
Total Fiancial Fixed Assets	4 053 000	110 000	90 000	30 000
Total Fixed Assets	110 578 000	57 999 000	2 124 000	924 000
Stock	66 315 000	6 545 000	1 494 000	816 000
Total Investments	0	0	0	0
Cash, Bank	37 841 000	17 401 000	1 026 000	449 000
Total Current Assets	120 208 000	51 242 000	3 741 000	1 787 000
Total Assets	230 787 000	109 241 000	5 866 000	2 711 000
Total Equity	9 588 000	26 007 000	−3 869 000	1 998 000
Short-Term Group Debt	0	0	1 729 000	0
Total Long-Term Debt	101 186 000	28 161 000	4 400 000	0
Creditors	26 169 000	11 005 000	1 747 000	153 000
Unpaid Taxes	20 934 000	3 787 000	332 000	267 000
Dividends	0	0	0	0
Other Current Debt	57 757 000	40 282 000	1 526 000	293 000
Total Current Debt	120 012 000	55 074 000	5 334 000	713 000
Total Equity and Debt	230 787 000	109 241 000	5 866 000	2 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 857,55 %	−143,05 %	362,78 %	−70,12 %
Debt-to-Equity Ratio	10,55	1,08	−1,14	0
Operating Profit Margin	−60,14 %	−43,49 %	−203,73 %	−17,05 %
Current Ratio	1	0,93	0,7	2,51
Quick Ratio	2,24	1,06	0,97	−17,35
Equity Ratio	0,04	0,24	−0,66	0,74
Gross Profit Margin	37,02 %	13,15 %	23,76 %	35,08 %