VARIABLE AS

0183 OSLO

Finances

Share Ownership

Return on Equity

−57,01 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	599 000	283 000	788 000	61 000
Net Income	−679 000	−2 241 000	−1 887 000	−113 000
Total Assets	1 502 000	576 000	1 874 000	3 565 000
Total Equity	1 191 000	−4 206 000	−1 965 000	−78 000

Income (NOK)	2022	2021	2020	2019
Revenue	599 000	283 000	788 000	61 000
Expenditure	1 287 000	2 514 000	2 678 000	176 000
Operating Profit	−688 000	−2 230 000	−1 891 000	−116 000
Financial Income	10 000	12 000	14 000	5 000
Financial Costs	1 000	22 000	11 000	2 000
Financial Balance	9 000	−10 000	3 000	3 000
Earnings Before Tax	−679 000	−2 241 000	−1 887 000	−113 000
Tax	0	0	0	0
Net Income	−679 000	−2 241 000	−1 887 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	914 000	38 000	83 000	23 000
Total Current Assets	588 000	538 000	1 792 000	3 542 000
Total Assets	1 502 000	576 000	1 874 000	3 565 000
Total Retained Equity	−4 920 000	−4 241 000	−2 000 000	−113 000
Total Equity	1 191 000	−4 206 000	−1 965 000	−78 000
Total Long-Term Debt	0	4 485 000	3 550 000	3 550 000
Total Current Debt	311 000	297 000	290 000	93 000
Total Equity and Debt	1 502 000	576 000	1 874 000	3 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	599 000	283 000	38 000	61 000
Other Income	0	0	750 000	0
Revenue	599 000	283 000	788 000	61 000
Cost of Goods Sold	0	0	0	0
Salary Costs	848 000	1 635 000	2 217 000	106 000
Depreciation	47 000	26 000	17 000	0
Impairment	0	0	0	0
Expenditure	1 287 000	2 514 000	2 678 000	176 000
Operating Profit	−688 000	−2 230 000	−1 891 000	−116 000
Financial Income	10 000	12 000	14 000	5 000
Financial Costs	1 000	22 000	11 000	2 000
Financial Balance	9 000	−10 000	3 000	3 000
Dividends	0	0	0	0
Net Income	−679 000	−2 241 000	−1 887 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	880 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	38 000	83 000	23 000
Total Tangible Assets	34 000	38 000	83 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	914 000	38 000	83 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	490 000	516 000	1 693 000	3 531 000
Total Current Assets	588 000	538 000	1 792 000	3 542 000
Total Assets	1 502 000	576 000	1 874 000	3 565 000
Total Equity	1 191 000	−4 206 000	−1 965 000	−78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 485 000	3 550 000	3 550 000
Creditors	12 000	50 000	58 000	18 000
Unpaid Taxes	120 000	132 000	93 000	38 000
Dividends	0	0	0	0
Other Current Debt	179 000	115 000	139 000	37 000
Total Current Debt	311 000	297 000	290 000	93 000
Total Equity and Debt	1 502 000	576 000	1 874 000	3 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,01 %	53,28 %	96,03 %	144,87 %
Debt-to-Equity Ratio	0	−1,07	−1,81	−45,51
Operating Profit Margin	−114,86 %	−787,99 %	−239,97 %	−190,16 %
Current Ratio	1,89	1,81	6,18	38,09
Quick Ratio	1,89	1,81	6,18	38,09
Equity Ratio	0,79	−7,3	−1,05	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %