SHIFTX AS

1528 MOSS

Finances

Return on Equity

−177,64 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 079 000	4 140 000	2 491 000	1 057 000
Net Income	−6 134 000	−8 612 000	−2 213 000	−834 000
Total Assets	6 400 000	13 561 000	15 440 000	1 592 000
Total Equity	3 453 000	10 415 000	13 704 000	−801 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 079 000	4 140 000	2 491 000	1 057 000
Expenditure	11 245 000	12 758 000	4 705 000	1 891 000
Operating Profit	−6 166 000	−8 618 000	−2 214 000	−834 000
Financial Income	36 000	8 000	1 000	0
Financial Costs	5 000	1 000	0	0
Financial Balance	31 000	7 000	1 000	0
Earnings Before Tax	−6 134 000	−8 612 000	−2 213 000	−834 000
Tax	0	0	0	0
Net Income	−6 134 000	−8 612 000	−2 213 000	−834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	986 000	82 000	0
Total Current Assets	6 097 000	12 574 000	15 358 000	1 592 000
Total Assets	6 400 000	13 561 000	15 440 000	1 592 000
Total Retained Equity	−827 000	0	−3 068 000	−855 000
Total Equity	3 453 000	10 415 000	13 704 000	−801 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 947 000	3 145 000	1 736 000	2 393 000
Total Equity and Debt	6 400 000	13 561 000	15 440 000	1 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 097 000	2 555 000	1 741 000	707 000
Other Income	1 982 000	1 585 000	750 000	350 000
Revenue	5 079 000	4 140 000	2 491 000	1 057 000
Cost of Goods Sold	101 000	105 000	38 000	356 000
Salary Costs	7 877 000	9 307 000	3 814 000	996 000
Depreciation	305 000	154 000	14 000	0
Impairment	0	0	0	0
Expenditure	11 245 000	12 758 000	4 705 000	1 891 000
Operating Profit	−6 166 000	−8 618 000	−2 214 000	−834 000
Financial Income	36 000	8 000	1 000	0
Financial Costs	5 000	1 000	0	0
Financial Balance	31 000	7 000	1 000	0
Dividends	0	0	0	0
Net Income	−6 134 000	−8 612 000	−2 213 000	−834 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	750 000	82 000	0
Total Tangible Assets	66 000	750 000	82 000	0
Total Fiancial Fixed Assets	237 000	237 000	0	0
Total Fixed Assets	304 000	986 000	82 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 831 000	10 547 000	14 435 000	813 000
Total Current Assets	6 097 000	12 574 000	15 358 000	1 592 000
Total Assets	6 400 000	13 561 000	15 440 000	1 592 000
Total Equity	3 453 000	10 415 000	13 704 000	−801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	30 000	72 000	8 000
Unpaid Taxes	623 000	710 000	332 000	222 000
Dividends	0	0	0	0
Other Current Debt	2 274 000	2 405 000	1 332 000	1 013 000
Total Current Debt	2 947 000	3 145 000	1 736 000	2 393 000
Total Equity and Debt	6 400 000	13 561 000	15 440 000	1 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−177,64 %	−82,69 %	−16,15 %	104,12 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−121,4 %	−208,16 %	−88,88 %	−78,9 %
Current Ratio	2,07	4	8,85	0,67
Quick Ratio	2,07	4	8,85	0,67
Equity Ratio	0,54	0,77	0,89	−0,5
Gross Profit Margin	98,01 %	97,46 %	98,47 %	66,32 %