NORTHBYTE AS

5412 STORD

Finances

Share Ownership

Return on Equity

28,93 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 000	242 000	108 000	52 000
Net Income	−412 000	−269 000	−445 000	−323 000
Total Assets	483 000	179 000	55 000	35 000
Total Equity	−1 424 000	−1 012 000	−743 000	−298 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 000	242 000	108 000	52 000
Expenditure	580 000	511 000	554 000	375 000
Operating Profit	−412 000	−268 000	−445 000	−323 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−412 000	−269 000	−445 000	−323 000
Tax	0	0	0	0
Net Income	−412 000	−269 000	−445 000	−323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	45 000	0	0
Total Current Assets	455 000	134 000	54 000	35 000
Total Assets	483 000	179 000	55 000	35 000
Total Retained Equity	−1 454 000	−1 036 000	−768 000	−323 000
Total Equity	−1 424 000	−1 012 000	−743 000	−298 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 907 000	1 191 000	798 000	333 000
Total Equity and Debt	483 000	179 000	55 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	169 000	236 000	90 000	52 000
Other Income	0	6 000	18 000	0
Revenue	169 000	242 000	108 000	52 000
Cost of Goods Sold	28 000	69 000	41 000	16 000
Salary Costs	0	1 000	4 000	5 000
Depreciation	17 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	580 000	511 000	554 000	375 000
Operating Profit	−412 000	−268 000	−445 000	−323 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−412 000	−269 000	−445 000	−323 000

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	27 000	44 000	0	0
Total Tangible Assets	27 000	44 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	45 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	132 000	51 000	32 000
Total Current Assets	455 000	134 000	54 000	35 000
Total Assets	483 000	179 000	55 000	35 000
Total Equity	−1 424 000	−1 012 000	−743 000	−298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 159 000	848 000	517 000	105 000
Unpaid Taxes	0	−133 000	−96 000	−81 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 907 000	1 191 000	798 000	333 000
Total Equity and Debt	483 000	179 000	55 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,93 %	26,58 %	59,89 %	108,39 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−243,79 %	−110,74 %	−412,04 %	−621,15 %
Current Ratio	0,24	0,11	0,07	0,11
Quick Ratio	0,24	0,11	0,07	0,11
Equity Ratio	−2,95	−5,65	−13,51	−8,51
Gross Profit Margin	83,43 %	71,49 %	62,04 %	69,23 %