N2 APPLIED AS

0191 OSLO

Finances

Return on Equity

−247,4 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 463 000	31 911 000	14 137 000	6 886 000
Net Income	−72 811 000	−44 808 000	−36 574 000	−28 697 000
Total Assets	130 980 000	113 476 000	95 394 000	103 181 000
Total Equity	29 431 000	99 615 000	60 199 000	91 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 463 000	31 911 000	14 137 000	6 886 000
Expenditure	75 140 000	72 399 000	51 662 000	35 518 000
Operating Profit	−53 677 000	−40 487 000	−37 526 000	−28 632 000
Financial Income	1 394 000	790 000	1 378 000	40 000
Financial Costs	20 528 000	5 111 000	426 000	105 000
Financial Balance	−19 134 000	−4 321 000	952 000	−65 000
Earnings Before Tax	−72 811 000	−44 808 000	−36 574 000	−28 697 000
Tax	0	0	0	0
Net Income	−72 811 000	−44 808 000	−36 574 000	−28 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 293 000	11 090 000	9 472 000	3 110 000
Total Current Assets	126 687 000	102 386 000	85 922 000	100 071 000
Total Assets	130 980 000	113 476 000	95 394 000	103 181 000
Total Retained Equity	0	83 805 000	48 798 000	83 350 000
Total Equity	29 431 000	99 615 000	60 199 000	91 106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 549 000	13 861 000	35 195 000	12 075 000
Total Equity and Debt	130 980 000	113 476 000	95 394 000	103 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 027 000	3 999 000	422 000	1 688 000
Other Income	18 436 000	27 913 000	13 715 000	5 198 000
Revenue	21 463 000	31 911 000	14 137 000	6 886 000
Cost of Goods Sold	4 069 000	6 405 000	3 597 000	1 705 000
Salary Costs	38 637 000	33 765 000	22 559 000	15 940 000
Depreciation	3 853 000	3 118 000	311 000	333 000
Impairment	0	0	0	0
Expenditure	75 140 000	72 399 000	51 662 000	35 518 000
Operating Profit	−53 677 000	−40 487 000	−37 526 000	−28 632 000
Financial Income	1 394 000	790 000	1 378 000	40 000
Financial Costs	20 528 000	5 111 000	426 000	105 000
Financial Balance	−19 134 000	−4 321 000	952 000	−65 000
Dividends	0	0	0	0
Net Income	−72 811 000	−44 808 000	−36 574 000	−28 697 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	6 449 000	0
Machinery and Plant Facilities	3 932 000	10 712 000	0	0
Fixtures	226 000	348 000	475 000	431 000
Total Tangible Assets	4 158 000	11 060 000	6 924 000	431 000
Total Fiancial Fixed Assets	135 000	30 000	2 548 000	2 679 000
Total Fixed Assets	4 293 000	11 090 000	9 472 000	3 110 000
Stock	5 426 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 843 000	78 922 000	63 284 000	10 678 000
Total Current Assets	126 687 000	102 386 000	85 922 000	100 071 000
Total Assets	130 980 000	113 476 000	95 394 000	103 181 000
Total Equity	29 431 000	99 615 000	60 199 000	91 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 944 000	5 728 000	4 376 000	5 499 000
Unpaid Taxes	2 333 000	2 575 000	1 681 000	1 379 000
Dividends	0	0	0	0
Other Current Debt	4 955 000	5 558 000	29 138 000	5 197 000
Total Current Debt	101 549 000	13 861 000	35 195 000	12 075 000
Total Equity and Debt	130 980 000	113 476 000	95 394 000	103 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−247,4 %	−44,98 %	−60,76 %	−31,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−250,09 %	−126,87 %	−265,45 %	−415,8 %
Current Ratio	1,25	7,39	2,44	8,29
Quick Ratio	1,32	7,39	2,44	8,29
Equity Ratio	0,22	0,88	0,63	0,88
Gross Profit Margin	81,04 %	79,93 %	74,56 %	75,24 %