REMOVAID AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−49,83 %

Current Ratio

9,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	0	0	0
Net Income	−8 016 000	−9 386 000	−3 837 000	−1 890 000
Total Assets	17 371 000	15 481 000	23 735 000	14 252 000
Total Equity	16 086 000	13 077 000	22 463 000	10 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	0	0	0
Expenditure	8 030 000	9 353 000	3 749 000	1 868 000
Operating Profit	−8 022 000	−9 353 000	−3 748 000	−1 868 000
Financial Income	40 000	37 000	27 000	42 000
Financial Costs	34 000	70 000	115 000	64 000
Financial Balance	6 000	−33 000	−88 000	−22 000
Earnings Before Tax	−8 016 000	−9 386 000	−3 837 000	−1 890 000
Tax	0	0	0	0
Net Income	−8 016 000	−9 386 000	−3 837 000	−1 890 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 204 000	4 075 000	3 495 000	2 203 000
Total Current Assets	12 166 000	11 406 000	20 240 000	12 049 000
Total Assets	17 371 000	15 481 000	23 735 000	14 252 000
Total Retained Equity	−22 992 000	−14 975 000	−5 589 000	−1 752 000
Total Equity	16 086 000	13 077 000	22 463 000	10 570 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 285 000	2 404 000	1 272 000	3 682 000
Total Equity and Debt	17 371 000	15 481 000	23 735 000	14 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	0	0	0
Other Income	0	0	0	0
Revenue	8 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	3 597 000	4 023 000	1 168 000	1 631 000
Depreciation	96 000	95 000	85 000	63 000
Impairment	0	0	0	0
Expenditure	8 030 000	9 353 000	3 749 000	1 868 000
Operating Profit	−8 022 000	−9 353 000	−3 748 000	−1 868 000
Financial Income	40 000	37 000	27 000	42 000
Financial Costs	34 000	70 000	115 000	64 000
Financial Balance	6 000	−33 000	−88 000	−22 000
Dividends	0	0	0	0
Net Income	−8 016 000	−9 386 000	−3 837 000	−1 890 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 204 000	4 075 000	3 495 000	2 197 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	6 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 204 000	4 075 000	3 495 000	2 203 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 646 000	10 619 000	19 455 000	10 958 000
Total Current Assets	12 166 000	11 406 000	20 240 000	12 049 000
Total Assets	17 371 000	15 481 000	23 735 000	14 252 000
Total Equity	16 086 000	13 077 000	22 463 000	10 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	373 000	809 000	271 000	358 000
Unpaid Taxes	263 000	286 000	147 000	150 000
Dividends	0	0	0	0
Other Current Debt	649 000	1 310 000	854 000	3 174 000
Total Current Debt	1 285 000	2 404 000	1 272 000	3 682 000
Total Equity and Debt	17 371 000	15 481 000	23 735 000	14 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,83 %	−71,77 %	−17,08 %	−17,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−100 275 %	-	-	-
Current Ratio	9,47	4,74	15,91	3,27
Quick Ratio	9,47	4,74	15,91	3,27
Equity Ratio	0,93	0,84	0,95	0,74
Gross Profit Margin	100 %	-	-	-