XAL AS

0277 OSLO

Finances

Share Ownership

Return on Equity

45,59 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2023	2022	2021
Revenue	5 203 000	2 590 000	544 000
Net Income	−2 880 000	−2 344 000	−1 293 000
Total Assets	1 307 000	914 000	601 000
Total Equity	−6 317 000	−3 436 000	−1 093 000

Income (NOK)	2023	2022	2021
Revenue	5 203 000	2 590 000	544 000
Expenditure	7 935 000	4 886 000	1 831 000
Operating Profit	−2 732 000	−2 296 000	−1 288 000
Financial Income	58 000	25 000	0
Financial Costs	206 000	73 000	4 000
Financial Balance	−148 000	−48 000	−4 000
Earnings Before Tax	−2 880 000	−2 344 000	−1 293 000
Tax	0	0	0
Net Income	−2 880 000	−2 344 000	−1 293 000

Balance (NOK)	2023	2022	2021
Total Fixed Assets	194 000	181 000	181 000
Total Current Assets	1 113 000	733 000	420 000
Total Assets	1 307 000	914 000	601 000
Total Retained Equity	−6 517 000	−3 636 000	−1 293 000
Total Equity	−6 317 000	−3 436 000	−1 093 000
Total Long-Term Debt	2 833 000	2 471 000	854 000
Total Current Debt	4 791 000	1 879 000	840 000
Total Equity and Debt	1 307 000	914 000	601 000

Cash flow (NOK)	2023	2022	2021
Sales Income	3 528 000	148 000	0
Other Income	1 675 000	2 443 000	544 000
Revenue	5 203 000	2 590 000	544 000
Cost of Goods Sold	2 176 000	2 000	24 000
Salary Costs	3 142 000	3 065 000	858 000
Depreciation	14 000	8 000	1 000
Impairment	0	1 000	0
Expenditure	7 935 000	4 886 000	1 831 000
Operating Profit	−2 732 000	−2 296 000	−1 288 000
Financial Income	58 000	25 000	0
Financial Costs	206 000	73 000	4 000
Financial Balance	−148 000	−48 000	−4 000
Dividends	0	0	0
Net Income	−2 880 000	−2 344 000	−1 293 000

Balance details (NOK)	2023	2022	2021
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	29 000	17 000	17 000
Total Tangible Assets	29 000	17 000	17 000
Total Fiancial Fixed Assets	164 000	164 000	164 000
Total Fixed Assets	194 000	181 000	181 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	293 000	220 000	259 000
Total Current Assets	1 113 000	733 000	420 000
Total Assets	1 307 000	914 000	601 000
Total Equity	−6 317 000	−3 436 000	−1 093 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 833 000	2 471 000	854 000
Creditors	3 913 000	1 431 000	675 000
Unpaid Taxes	626 000	123 000	63 000
Dividends	0	0	0
Other Current Debt	251 000	325 000	102 000
Total Current Debt	4 791 000	1 879 000	840 000
Total Equity and Debt	1 307 000	914 000	601 000

Financial indicators	2023	2022	2021
Return on Equity	45,59 %	68,22 %	118,3 %
Debt-to-Equity Ratio	−0,45	−0,72	−0,78
Operating Profit Margin	−52,51 %	−88,65 %	−236,76 %
Current Ratio	0,23	0,39	0,5
Quick Ratio	0,23	0,39	0,5
Equity Ratio	−4,83	−3,76	−1,82
Gross Profit Margin	58,18 %	99,92 %	95,59 %