NEVER NO AS

0484 OSLO

Finances

Share Ownership

Return on Equity

122,34 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 339 000	5 639 000	4 768 000	6 380 000
Net Income	−12 496 000	−6 654 000	−41 316 000	−10 149 000
Total Assets	4 846 000	11 511 000	13 025 000	40 807 000
Total Equity	−10 214 000	−47 017 000	−40 363 000	953 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 339 000	5 639 000	4 768 000	6 380 000
Expenditure	11 455 000	12 185 000	17 330 000	16 268 000
Operating Profit	−3 117 000	−6 547 000	−12 562 000	−9 888 000
Financial Income	22 000	24 000	67 000	133 000
Financial Costs	9 402 000	131 000	28 821 000	395 000
Financial Balance	−9 380 000	−107 000	−28 754 000	−262 000
Earnings Before Tax	−12 496 000	−6 654 000	−41 316 000	−10 149 000
Tax	0	0	0	0
Net Income	−12 496 000	−6 654 000	−41 316 000	−10 149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 036 000	3 700 000	8 202 000	35 204 000
Total Current Assets	2 811 000	7 811 000	4 823 000	5 603 000
Total Assets	4 846 000	11 511 000	13 025 000	40 807 000
Total Retained Equity	−59 514 000	−55 448 000	−48 794 000	−7 478 000
Total Equity	−10 214 000	−47 017 000	−40 363 000	953 000
Total Long-Term Debt	0	0	500 000	500 000
Total Current Debt	15 060 000	58 529 000	52 889 000	39 354 000
Total Equity and Debt	4 846 000	11 511 000	13 025 000	40 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 339 000	5 639 000	4 768 000	6 090 000
Other Income	0	0	0	290 000
Revenue	8 339 000	5 639 000	4 768 000	6 380 000
Cost of Goods Sold	2 443 000	2 412 000	1 625 000	1 824 000
Salary Costs	3 862 000	4 386 000	5 272 000	4 276 000
Depreciation	1 575 000	4 502 000	4 634 000	3 524 000
Impairment	0	0	0	0
Expenditure	11 455 000	12 185 000	17 330 000	16 268 000
Operating Profit	−3 117 000	−6 547 000	−12 562 000	−9 888 000
Financial Income	22 000	24 000	67 000	133 000
Financial Costs	9 402 000	131 000	28 821 000	395 000
Financial Balance	−9 380 000	−107 000	−28 754 000	−262 000
Dividends	0	0	0	0
Net Income	−12 496 000	−6 654 000	−41 316 000	−10 149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 034 000	3 609 000	8 111 000	12 745 000
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	2 000	91 000	91 000	22 459 000
Total Fixed Assets	2 036 000	3 700 000	8 202 000	35 204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 678 000	1 723 000	372 000	816 000
Total Current Assets	2 811 000	7 811 000	4 823 000	5 603 000
Total Assets	4 846 000	11 511 000	13 025 000	40 807 000
Total Equity	−10 214 000	−47 017 000	−40 363 000	953 000
Short-Term Group Debt	11 500 000	2 497 000	0	0
Total Long-Term Debt	0	0	500 000	500 000
Creditors	125 000	112 000	6 309 000	313 000
Unpaid Taxes	264 000	264 000	286 000	293 000
Dividends	0	0	0	0
Other Current Debt	3 171 000	55 656 000	46 294 000	38 748 000
Total Current Debt	15 060 000	58 529 000	52 889 000	39 354 000
Total Equity and Debt	4 846 000	11 511 000	13 025 000	40 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,34 %	14,15 %	102,36 %	−1 064,95 %
Debt-to-Equity Ratio	−0	−0	−0,01	0,52
Operating Profit Margin	−37,38 %	−116,1 %	−263,46 %	−154,98 %
Current Ratio	0,19	0,13	0,09	0,14
Quick Ratio	0,19	0,13	0,09	0,14
Equity Ratio	−2,11	−4,08	−3,1	0,02
Gross Profit Margin	70,7 %	57,23 %	65,92 %	71,41 %