NEXTWAY SOFTWARE NORWAY AS

0185 OSLO

Finances

Share Ownership

Return on Equity

5,46 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 026 000	6 892 000	8 066 000	8 675 000
Net Income	377 000	−121 000	146 000	162 000
Total Assets	9 891 000	9 969 000	10 724 000	9 116 000
Total Equity	6 899 000	6 522 000	6 643 000	6 497 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 026 000	6 892 000	8 066 000	8 675 000
Expenditure	5 548 000	6 456 000	7 823 000	8 415 000
Operating Profit	479 000	437 000	243 000	260 000
Financial Income	0	−3 000	4 000	14 000
Financial Costs	−3 000	−33 000	38 000	5 000
Financial Balance	3 000	30 000	−34 000	9 000
Earnings Before Tax	482 000	467 000	208 000	270 000
Tax	105 000	588 000	62 000	108 000
Net Income	377 000	−121 000	146 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 167 000	4 452 000	1 090 000	1 294 000
Total Current Assets	3 725 000	5 517 000	9 633 000	7 822 000
Total Assets	9 891 000	9 969 000	10 724 000	9 116 000
Total Retained Equity	564 000	187 000	308 000	162 000
Total Equity	6 899 000	6 522 000	6 643 000	6 497 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 993 000	3 447 000	4 081 000	2 619 000
Total Equity and Debt	9 891 000	9 969 000	10 724 000	9 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 026 000	6 810 000	8 065 000	8 674 000
Other Income	0	82 000	1 000	1 000
Revenue	6 026 000	6 892 000	8 066 000	8 675 000
Cost of Goods Sold	4 484 000	5 027 000	2 936 000	1 781 000
Salary Costs	862 000	982 000	3 716 000	4 920 000
Depreciation	4 000	32 000	141 000	137 000
Impairment	0	0	0	0
Expenditure	5 548 000	6 456 000	7 823 000	8 415 000
Operating Profit	479 000	437 000	243 000	260 000
Financial Income	0	−3 000	4 000	14 000
Financial Costs	−3 000	−33 000	38 000	5 000
Financial Balance	3 000	30 000	−34 000	9 000
Dividends	0	0	0	0
Net Income	377 000	−121 000	146 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	245 000	351 000	939 000	1 001 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	1 000	151 000	293 000
Total Tangible Assets	20 000	1 000	151 000	293 000
Total Fiancial Fixed Assets	5 901 000	4 100 000	0	0
Total Fixed Assets	6 167 000	4 452 000	1 090 000	1 294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 674 000	2 179 000	1 170 000	584 000
Total Current Assets	3 725 000	5 517 000	9 633 000	7 822 000
Total Assets	9 891 000	9 969 000	10 724 000	9 116 000
Total Equity	6 899 000	6 522 000	6 643 000	6 497 000
Short-Term Group Debt	0	11 000	290 000	263 000
Total Long-Term Debt	0	0	0	0
Creditors	202 000	174 000	298 000	180 000
Unpaid Taxes	527 000	672 000	710 000	528 000
Dividends	0	0	0	0
Other Current Debt	2 263 000	2 590 000	2 783 000	1 636 000
Total Current Debt	2 993 000	3 447 000	4 081 000	2 619 000
Total Equity and Debt	9 891 000	9 969 000	10 724 000	9 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,46 %	−1,86 %	2,2 %	2,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,95 %	6,34 %	3,01 %	3 %
Current Ratio	1,24	1,6	2,36	2,99
Quick Ratio	1,24	1,6	2,36	2,99
Equity Ratio	0,7	0,65	0,62	0,71
Gross Profit Margin	25,59 %	27,06 %	63,6 %	79,47 %