COSGEAR AS

0165 OSLO

Finances

Return on Equity

197,6 %

Current Ratio

0,97

Debt-to-Equity Ratio

−2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 458 000	3 993 000	2 337 000	500 000
Net Income	−4 523 000	−4 462 000	71 000	26 000
Total Assets	4 905 000	4 354 000	3 015 000	1 311 000
Total Equity	−2 289 000	2 234 000	930 000	862 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 458 000	3 993 000	2 337 000	500 000
Expenditure	6 699 000	8 402 000	2 162 000	465 000
Operating Profit	−4 242 000	−4 410 000	175 000	35 000
Financial Income	34 000	86 000	6 000	0
Financial Costs	316 000	168 000	88 000	2 000
Financial Balance	−282 000	−82 000	−82 000	−2 000
Earnings Before Tax	−4 523 000	−4 491 000	93 000	33 000
Tax	0	−29 000	22 000	7 000
Net Income	−4 523 000	−4 462 000	71 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 194 000	2 279 000	1 398 000	527 000
Total Current Assets	1 710 000	2 075 000	1 618 000	785 000
Total Assets	4 905 000	4 354 000	3 015 000	1 311 000
Total Retained Equity	−2 329 000	0	153 000	82 000
Total Equity	−2 289 000	2 234 000	930 000	862 000
Total Long-Term Debt	5 424 000	949 000	1 707 000	7 000
Total Current Debt	1 769 000	1 171 000	378 000	442 000
Total Equity and Debt	4 905 000	4 354 000	3 015 000	1 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 448 000	3 791 000	2 337 000	1 149 000
Other Income	10 000	202 000	0	−649 000
Revenue	2 458 000	3 993 000	2 337 000	500 000
Cost of Goods Sold	797 000	761 000	196 000	0
Salary Costs	1 270 000	2 661 000	546 000	15 000
Depreciation	698 000	399 000	177 000	0
Impairment	0	0	0	0
Expenditure	6 699 000	8 402 000	2 162 000	465 000
Operating Profit	−4 242 000	−4 410 000	175 000	35 000
Financial Income	34 000	86 000	6 000	0
Financial Costs	316 000	168 000	88 000	2 000
Financial Balance	−282 000	−82 000	−82 000	−2 000
Dividends	0	0	0	0
Net Income	−4 523 000	−4 462 000	71 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 149 000	2 206 000	1 342 000	527 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	32 000	14 000	0
Total Tangible Assets	45 000	32 000	14 000	0
Total Fiancial Fixed Assets	0	41 000	41 000	0
Total Fixed Assets	3 194 000	2 279 000	1 398 000	527 000
Stock	1 272 000	1 356 000	800 000	0
Total Investments	0	0	0	0
Cash, Bank	141 000	441 000	49 000	677 000
Total Current Assets	1 710 000	2 075 000	1 618 000	785 000
Total Assets	4 905 000	4 354 000	3 015 000	1 311 000
Total Equity	−2 289 000	2 234 000	930 000	862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 424 000	949 000	1 707 000	7 000
Creditors	259 000	738 000	151 000	359 000
Unpaid Taxes	155 000	177 000	82 000	33 000
Dividends	0	0	0	0
Other Current Debt	259 000	256 000	145 000	51 000
Total Current Debt	1 769 000	1 171 000	378 000	442 000
Total Equity and Debt	4 905 000	4 354 000	3 015 000	1 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,6 %	−199,73 %	7,63 %	3,02 %
Debt-to-Equity Ratio	−2,37	0,42	1,84	0,01
Operating Profit Margin	−172,58 %	−110,44 %	7,49 %	7 %
Current Ratio	0,97	1,77	4,28	1,78
Quick Ratio	3,44	−11,22	−3,83	1,78
Equity Ratio	−0,47	0,51	0,31	0,66
Gross Profit Margin	67,58 %	80,94 %	91,61 %	100 %