CORVUS ACCOUNTING AS

0164 OSLO

Finances

Return on Equity

−1 625 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	888 000	595 000	154 000	0
Net Income	−130 000	−201 000	11 000	−24 000
Total Assets	312 000	253 000	367 000	353 000
Total Equity	8 000	138 000	339 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	888 000	595 000	154 000	0
Expenditure	959 000	506 000	139 000	31 000
Operating Profit	−71 000	89 000	15 000	−31 000
Financial Income	0	0	0	0
Financial Costs	81 000	270 000	0	0
Financial Balance	−81 000	−270 000	0	0
Earnings Before Tax	−152 000	−181 000	14 000	−31 000
Tax	−22 000	20 000	3 000	−7 000
Net Income	−130 000	−201 000	11 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	80 000	350 000	350 000
Total Current Assets	295 000	173 000	17 000	3 000
Total Assets	312 000	253 000	367 000	353 000
Total Retained Equity	−92 000	38 000	239 000	227 000
Total Equity	8 000	138 000	339 000	327 000
Total Long-Term Debt	0	5 000	6 000	2 000
Total Current Debt	305 000	110 000	22 000	23 000
Total Equity and Debt	312 000	253 000	367 000	353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	595 000	154 000	0
Other Income	50 000	0	0	0
Revenue	888 000	595 000	154 000	0
Cost of Goods Sold	0	0	116 000	0
Salary Costs	681 000	120 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	959 000	506 000	139 000	31 000
Operating Profit	−71 000	89 000	15 000	−31 000
Financial Income	0	0	0	0
Financial Costs	81 000	270 000	0	0
Financial Balance	−81 000	−270 000	0	0
Dividends	0	0	0	0
Net Income	−130 000	−201 000	11 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	80 000	350 000	350 000
Total Fixed Assets	17 000	80 000	350 000	350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	41 000	14 000	2 000
Total Current Assets	295 000	173 000	17 000	3 000
Total Assets	312 000	253 000	367 000	353 000
Total Equity	8 000	138 000	339 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	6 000	2 000
Creditors	0	0	1 000	11 000
Unpaid Taxes	176 000	39 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	129 000	51 000	21 000	11 000
Total Current Debt	305 000	110 000	22 000	23 000
Total Equity and Debt	312 000	253 000	367 000	353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 625 %	−145,65 %	3,24 %	−7,34 %
Debt-to-Equity Ratio	0	0,04	0,02	0,01
Operating Profit Margin	−8 %	14,96 %	9,74 %	-
Current Ratio	0,97	1,57	0,77	0,13
Quick Ratio	0,97	1,57	0,77	0,13
Equity Ratio	0,03	0,55	0,92	0,93
Gross Profit Margin	100 %	100 %	24,68 %	-