SETTLE GROUP AS

0180 OSLO

Finances

Return on Equity

−368,17 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	311 000	7 144 000	556 000	399 000
Net Income	−21 004 000	−14 468 000	−13 866 000	−32 354 000
Total Assets	13 429 000	26 367 000	20 544 000	16 775 000
Total Equity	5 705 000	12 243 000	11 003 000	11 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	311 000	7 144 000	556 000	399 000
Expenditure	18 552 000	19 771 000	14 296 000	32 728 000
Operating Profit	−18 241 000	−12 627 000	−13 740 000	−32 328 000
Financial Income	94 000	51 000	83 000	49 000
Financial Costs	2 857 000	1 893 000	208 000	75 000
Financial Balance	−2 763 000	−1 842 000	−125 000	−26 000
Earnings Before Tax	−21 004 000	−14 468 000	−13 866 000	−32 354 000
Tax	0	0	0	0
Net Income	−21 004 000	−14 468 000	−13 866 000	−32 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 279 000	8 175 000	7 092 000	345 000
Total Current Assets	4 149 000	18 192 000	13 453 000	16 430 000
Total Assets	13 429 000	26 367 000	20 544 000	16 775 000
Total Retained Equity	0	0	0	0
Total Equity	5 705 000	12 243 000	11 003 000	11 773 000
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	0
Total Current Debt	2 723 000	9 123 000	4 542 000	5 002 000
Total Equity and Debt	13 429 000	26 367 000	20 544 000	16 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	311 000	567 000	528 000	399 000
Other Income	0	6 577 000	28 000	0
Revenue	311 000	7 144 000	556 000	399 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 670 000	7 481 000	6 341 000	22 027 000
Depreciation	1 781 000	1 279 000	82 000	154 000
Impairment	0	0	0	0
Expenditure	18 552 000	19 771 000	14 296 000	32 728 000
Operating Profit	−18 241 000	−12 627 000	−13 740 000	−32 328 000
Financial Income	94 000	51 000	83 000	49 000
Financial Costs	2 857 000	1 893 000	208 000	75 000
Financial Balance	−2 763 000	−1 842 000	−125 000	−26 000
Dividends	0	0	0	0
Net Income	−21 004 000	−14 468 000	−13 866 000	−32 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 089 000	7 641 000	6 317 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	15 000	97 000
Total Tangible Assets	0	0	15 000	97 000
Total Fiancial Fixed Assets	190 000	534 000	760 000	248 000
Total Fixed Assets	9 279 000	8 175 000	7 092 000	345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 861 000	5 833 000	10 381 000	12 966 000
Total Current Assets	4 149 000	18 192 000	13 453 000	16 430 000
Total Assets	13 429 000	26 367 000	20 544 000	16 775 000
Total Equity	5 705 000	12 243 000	11 003 000	11 773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	0
Creditors	1 145 000	1 097 000	2 438 000	966 000
Unpaid Taxes	586 000	5 404 000	625 000	1 434 000
Dividends	0	0	0	0
Other Current Debt	993 000	2 622 000	1 479 000	2 601 000
Total Current Debt	2 723 000	9 123 000	4 542 000	5 002 000
Total Equity and Debt	13 429 000	26 367 000	20 544 000	16 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−368,17 %	−118,17 %	−126,02 %	−274,82 %
Debt-to-Equity Ratio	0,88	0,41	0,45	0
Operating Profit Margin	−5 865,27 %	−176,75 %	−2 471,22 %	−8 102,26 %
Current Ratio	1,52	1,99	2,96	3,28
Quick Ratio	1,52	1,99	2,96	3,28
Equity Ratio	0,42	0,46	0,54	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %