NAVIC SOLUTIONS AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−92,09 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 893 000	4 672 000	3 550 000	8 888 000
Net Income	862 000	1 159 000	−1 025 000	−426 000
Total Assets	1 636 000	1 059 000	1 530 000	1 932 000
Total Equity	−936 000	−1 798 000	−3 991 000	−2 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 893 000	4 672 000	3 550 000	8 888 000
Expenditure	3 951 000	3 481 000	4 458 000	9 128 000
Operating Profit	942 000	1 191 000	−909 000	−240 000
Financial Income	2 000	67 000	14 000	93 000
Financial Costs	82 000	100 000	131 000	279 000
Financial Balance	−80 000	−33 000	−117 000	−186 000
Earnings Before Tax	862 000	1 159 000	−1 025 000	−426 000
Tax	0	0	0	0
Net Income	862 000	1 159 000	−1 025 000	−426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 636 000	1 059 000	1 530 000	1 932 000
Total Assets	1 636 000	1 059 000	1 530 000	1 932 000
Total Retained Equity	−2 071 000	−2 933 000	−4 091 000	−3 066 000
Total Equity	−936 000	−1 798 000	−3 991 000	−2 966 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 572 000	2 857 000	5 521 000	4 899 000
Total Equity and Debt	1 636 000	1 059 000	1 530 000	1 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 893 000	4 672 000	3 550 000	8 888 000
Other Income	0	0	0	0
Revenue	4 893 000	4 672 000	3 550 000	8 888 000
Cost of Goods Sold	2 843 000	2 733 000	1 553 000	1 560 000
Salary Costs	0	−1 000	1 700 000	5 305 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 951 000	3 481 000	4 458 000	9 128 000
Operating Profit	942 000	1 191 000	−909 000	−240 000
Financial Income	2 000	67 000	14 000	93 000
Financial Costs	82 000	100 000	131 000	279 000
Financial Balance	−80 000	−33 000	−117 000	−186 000
Dividends	0	0	0	0
Net Income	862 000	1 159 000	−1 025 000	−426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	0	0	212 000
Total Current Assets	1 636 000	1 059 000	1 530 000	1 932 000
Total Assets	1 636 000	1 059 000	1 530 000	1 932 000
Total Equity	−936 000	−1 798 000	−3 991 000	−2 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	63 000	3 000	10 000	153 000
Unpaid Taxes	228 000	256 000	331 000	587 000
Dividends	0	0	0	0
Other Current Debt	2 281 000	2 141 000	3 279 000	2 771 000
Total Current Debt	2 572 000	2 857 000	5 521 000	4 899 000
Total Equity and Debt	1 636 000	1 059 000	1 530 000	1 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,09 %	−64,46 %	25,68 %	14,36 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	19,25 %	25,49 %	−25,61 %	−2,7 %
Current Ratio	0,64	0,37	0,28	0,39
Quick Ratio	0,64	0,37	0,28	0,39
Equity Ratio	−0,57	−1,7	−2,61	−1,54
Gross Profit Margin	41,9 %	41,5 %	56,25 %	82,45 %