KARNOV GROUP NORWAY AS

0164 OSLO

Finances

Share Ownership

Return on Equity

84,96 %

Current Ratio

0,49

Debt-to-Equity Ratio

−2,02

Key figures (NOK)	2022	2021	2020
Revenue	15 280 000	1 263 000	46 000
Net Income	−20 452 000	−12 537 000	−6 233 000
Total Assets	47 925 000	39 335 000	15 578 000
Total Equity	−24 072 000	−3 620 000	8 917 000

Income (NOK)	2022	2021	2020
Revenue	15 280 000	1 263 000	46 000
Expenditure	47 647 000	29 363 000	18 556 000
Operating Profit	−18 408 000	−11 364 000	−6 106 000
Financial Income	7 000	3 000	1 000
Financial Costs	2 051 000	1 176 000	128 000
Financial Balance	−2 044 000	−1 173 000	−127 000
Earnings Before Tax	−20 452 000	−12 537 000	−6 233 000
Tax	0	0	0
Net Income	−20 452 000	−12 537 000	−6 233 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	36 537 000	27 603 000	12 482 000
Total Current Assets	11 388 000	11 732 000	3 096 000
Total Assets	47 925 000	39 335 000	15 578 000
Total Retained Equity	−24 322 000	−3 870 000	−6 233 000
Total Equity	−24 072 000	−3 620 000	8 917 000
Total Long-Term Debt	48 744 000	30 709 000	4 028 000
Total Current Debt	23 253 000	12 247 000	2 633 000
Total Equity and Debt	47 925 000	39 335 000	15 578 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 279 000	1 161 000	46 000
Other Income	0	102 000	0
Revenue	15 280 000	1 263 000	46 000
Cost of Goods Sold	9 115 000	2 465 000	250 000
Salary Costs	25 217 000	17 619 000	13 894 000
Depreciation	5 926 000	1 226 000	51 000
Impairment	0	0	0
Expenditure	47 647 000	29 363 000	18 556 000
Operating Profit	−18 408 000	−11 364 000	−6 106 000
Financial Income	7 000	3 000	1 000
Financial Costs	2 051 000	1 176 000	128 000
Financial Balance	−2 044 000	−1 173 000	−127 000
Dividends	0	0	0
Net Income	−20 452 000	−12 537 000	−6 233 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	34 128 000	26 741 000	11 792 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	409 000	863 000	616 000
Total Tangible Assets	409 000	863 000	616 000
Total Fiancial Fixed Assets	2 000 000	0	74 000
Total Fixed Assets	36 537 000	27 603 000	12 482 000
Stock	357 000	328 000	111 000
Total Investments	0	0	0
Cash, Bank	7 120 000	9 318 000	1 948 000
Total Current Assets	11 388 000	11 732 000	3 096 000
Total Assets	47 925 000	39 335 000	15 578 000
Total Equity	−24 072 000	−3 620 000	8 917 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	48 744 000	30 709 000	4 028 000
Creditors	3 357 000	994 000	528 000
Unpaid Taxes	2 793 000	1 896 000	872 000
Dividends	0	0	0
Other Current Debt	17 104 000	9 357 000	1 233 000
Total Current Debt	23 253 000	12 247 000	2 633 000
Total Equity and Debt	47 925 000	39 335 000	15 578 000

Financial indicators	2022	2021	2020
Return on Equity	84,96 %	346,33 %	−69,9 %
Debt-to-Equity Ratio	−2,02	−8,48	0,45
Operating Profit Margin	−120,47 %	−899,76 %	−13 273,91 %
Current Ratio	0,49	0,96	1,18
Quick Ratio	0,5	0,98	1,23
Equity Ratio	−0,5	−0,09	0,57
Gross Profit Margin	40,35 %	−95,17 %	−443,48 %