CHOOOSE AS

0164 OSLO

Finances

Share Ownership

Return on Equity

−11,09 %

Current Ratio

7,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 670 000	22 377 000	12 833 000	7 201 000
Net Income	−22 606 000	−19 151 000	−8 647 000	−10 720 000
Total Assets	230 039 000	52 753 000	45 059 000	30 274 000
Total Equity	203 826 000	41 100 000	20 781 000	25 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 670 000	22 377 000	12 833 000	7 201 000
Expenditure	73 761 000	41 163 000	21 436 000	17 931 000
Operating Profit	−26 091 000	−18 786 000	−8 603 000	−10 731 000
Financial Income	7 995 000	415 000	161 000	36 000
Financial Costs	−5 065 000	780 000	205 000	24 000
Financial Balance	13 060 000	−365 000	−44 000	12 000
Earnings Before Tax	−22 606 000	−19 151 000	−8 647 000	−10 720 000
Tax	0	0	0	0
Net Income	−22 606 000	−19 151 000	−8 647 000	−10 720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 683 000	12 772 000	9 669 000	2 259 000
Total Current Assets	207 356 000	39 981 000	35 390 000	28 015 000
Total Assets	230 039 000	52 753 000	45 059 000	30 274 000
Total Retained Equity	0	0	0	0
Total Equity	203 826 000	41 100 000	20 781 000	25 303 000
Total Long-Term Debt	0	45 000	0	0
Total Current Debt	26 213 000	11 608 000	4 278 000	4 971 000
Total Equity and Debt	230 039 000	52 753 000	25 059 000	30 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 920 000	21 327 000	12 833 000	7 201 000
Other Income	1 750 000	1 050 000	0	0
Revenue	47 670 000	22 377 000	12 833 000	7 201 000
Cost of Goods Sold	34 118 000	16 537 000	7 857 000	6 090 000
Salary Costs	13 941 000	12 888 000	7 044 000	5 453 000
Depreciation	4 034 000	2 475 000	1 649 000	200 000
Impairment	0	0	0	0
Expenditure	73 761 000	41 163 000	21 436 000	17 931 000
Operating Profit	−26 091 000	−18 786 000	−8 603 000	−10 731 000
Financial Income	7 995 000	415 000	161 000	36 000
Financial Costs	−5 065 000	780 000	205 000	24 000
Financial Balance	13 060 000	−365 000	−44 000	12 000
Dividends	0	0	0	0
Net Income	−22 606 000	−19 151 000	−8 647 000	−10 720 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 796 000	9 482 000	6 420 000	2 228 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	14 000	23 000	31 000
Total Tangible Assets	6 000	14 000	23 000	31 000
Total Fiancial Fixed Assets	3 881 000	3 276 000	3 227 000	0
Total Fixed Assets	22 683 000	12 772 000	9 669 000	2 259 000
Stock	112 000	205 000	381 000	317 000
Total Investments	0	0	10 000	10 000
Cash, Bank	180 100 000	31 083 000	28 285 000	24 475 000
Total Current Assets	207 356 000	39 981 000	35 390 000	28 015 000
Total Assets	230 039 000	52 753 000	45 059 000	30 274 000
Total Equity	203 826 000	41 100 000	20 781 000	25 303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	45 000	0	0
Creditors	13 742 000	1 895 000	334 000	1 977 000
Unpaid Taxes	3 101 000	2 850 000	718 000	382 000
Dividends	0	0	0	0
Other Current Debt	9 371 000	6 864 000	3 226 000	2 613 000
Total Current Debt	26 213 000	11 608 000	4 278 000	4 971 000
Total Equity and Debt	230 039 000	52 753 000	25 059 000	30 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,09 %	−46,6 %	−41,61 %	−42,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−54,73 %	−83,95 %	−67,04 %	−149,02 %
Current Ratio	7,91	3,44	8,27	5,64
Quick Ratio	7,94	3,51	9,08	6,02
Equity Ratio	0,89	0,78	0,46	0,84
Gross Profit Margin	28,43 %	26,1 %	38,78 %	15,43 %