Hello!
Now, recovery procedure can be following:
Delete database netxms_db.
Delete SQL user netxms if it's exist (under Security -> Logins).
Ensure that you have mixed mode authentication: in SQL Server Management Studio right click on server object, select Properties, select "Security", and ensure that under "Server authentication" selected "SQL Server and Windows Authentication mode".
Reinstall NetXMS, and when on database configuration tab, enter any random password for database user "netxms".
Best regards,
Victor