XICADO AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

113,21 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	673 000	646 000	249 000	10 000
Net Income	−60 000	−46 000	39 000	−17 000
Total Assets	124 000	150 000	59 000	19 000
Total Equity	−53 000	6 000	53 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	673 000	646 000	249 000	10 000
Expenditure	749 000	703 000	198 000	33 000
Operating Profit	−75 000	−57 000	51 000	−23 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	−1 000	−3 000	−1 000	0
Earnings Before Tax	−76 000	−59 000	50 000	−23 000
Tax	−17 000	−13 000	11 000	−6 000
Net Income	−60 000	−46 000	39 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	36 000	0	6 000
Total Current Assets	39 000	114 000	59 000	12 000
Total Assets	124 000	150 000	59 000	19 000
Total Retained Equity	−83 000	−24 000	23 000	−17 000
Total Equity	−53 000	6 000	53 000	13 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	177 000	144 000	6 000	6 000
Total Equity and Debt	124 000	150 000	59 000	19 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	673 000	646 000	249 000	10 000
Other Income	0	0	0	0
Revenue	673 000	646 000	249 000	10 000
Cost of Goods Sold	20 000	6 000	10 000	0
Salary Costs	334 000	450 000	12 000	0
Depreciation	5 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	749 000	703 000	198 000	33 000
Operating Profit	−75 000	−57 000	51 000	−23 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	−1 000	−3 000	−1 000	0
Dividends	0	0	0	0
Net Income	−60 000	−46 000	39 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	13 000	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	23 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 000	23 000	0	0
Total Fiancial Fixed Assets	37 000	0	0	0
Total Fixed Assets	85 000	36 000	0	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 000	76 000	30 000	12 000
Total Current Assets	39 000	114 000	59 000	12 000
Total Assets	124 000	150 000	59 000	19 000
Total Equity	−53 000	6 000	53 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	5 000	−3 000	6 000
Unpaid Taxes	11 000	96 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	143 000	42 000	1 000	0
Total Current Debt	177 000	144 000	6 000	6 000
Total Equity and Debt	124 000	150 000	59 000	19 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,21 %	−766,67 %	73,58 %	−130,77 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−11,14 %	−8,82 %	20,48 %	−230 %
Current Ratio	0,22	0,79	9,83	2
Quick Ratio	0,22	0,79	9,83	2
Equity Ratio	−0,43	0,04	0,9	0,68
Gross Profit Margin	97,03 %	99,07 %	95,98 %	100 %