NORQUANT AS

0152 OSLO

Finances

Return on Equity

−10 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	414 000	1 778 000	2 414 000	55 000
Net Income	−2 734 000	−4 753 000	−2 392 000	−1 720 000
Total Assets	33 179 000	19 869 000	6 741 000	3 620 000
Total Equity	27 341 000	15 378 000	6 081 000	2 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	414 000	1 778 000	2 414 000	55 000
Expenditure	3 145 000	6 544 000	4 827 000	1 773 000
Operating Profit	−2 731 000	−4 767 000	−2 413 000	−1 718 000
Financial Income	20 000	18 000	29 000	0
Financial Costs	22 000	5 000	8 000	2 000
Financial Balance	−2 000	13 000	21 000	−2 000
Earnings Before Tax	−2 734 000	−4 753 000	−2 392 000	−1 720 000
Tax	0	0	0	0
Net Income	−2 734 000	−4 753 000	−2 392 000	−1 720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 291 000	17 920 000	4 920 000	1 020 000
Total Current Assets	3 889 000	1 949 000	1 821 000	2 600 000
Total Assets	33 179 000	19 869 000	6 741 000	3 620 000
Total Retained Equity	−11 958 000	−9 224 000	−4 470 000	−2 079 000
Total Equity	27 341 000	15 378 000	6 081 000	2 721 000
Total Long-Term Debt	56 000	0	0	350 000
Total Current Debt	5 782 000	4 490 000	660 000	549 000
Total Equity and Debt	33 179 000	19 869 000	6 741 000	3 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 000	407 000	1 164 000	55 000
Other Income	0	1 371 000	1 250 000	0
Revenue	414 000	1 778 000	2 414 000	55 000
Cost of Goods Sold	0	3 179 000	597 000	246 000
Salary Costs	993 000	2 144 000	2 346 000	1 291 000
Depreciation	1 471 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 145 000	6 544 000	4 827 000	1 773 000
Operating Profit	−2 731 000	−4 767 000	−2 413 000	−1 718 000
Financial Income	20 000	18 000	29 000	0
Financial Costs	22 000	5 000	8 000	2 000
Financial Balance	−2 000	13 000	21 000	−2 000
Dividends	0	0	0	0
Net Income	−2 734 000	−4 753 000	−2 392 000	−1 720 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 886 000	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	23 405 000	17 920 000	4 920 000	1 020 000
Total Fixed Assets	29 291 000	17 920 000	4 920 000	1 020 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 182 000	341 000	678 000	2 511 000
Total Current Assets	3 889 000	1 949 000	1 821 000	2 600 000
Total Assets	33 179 000	19 869 000	6 741 000	3 620 000
Total Equity	27 341 000	15 378 000	6 081 000	2 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	0	0	350 000
Creditors	5 427 000	84 000	30 000	46 000
Unpaid Taxes	21 000	47 000	361 000	161 000
Dividends	0	0	0	0
Other Current Debt	333 000	4 359 000	269 000	341 000
Total Current Debt	5 782 000	4 490 000	660 000	549 000
Total Equity and Debt	33 179 000	19 869 000	6 741 000	3 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10 %	−30,91 %	−39,34 %	−63,21 %
Debt-to-Equity Ratio	0	0	0	0,13
Operating Profit Margin	−659,66 %	−268,11 %	−99,96 %	−3 123,64 %
Current Ratio	0,67	0,43	2,76	4,74
Quick Ratio	0,67	0,43	2,76	4,74
Equity Ratio	0,82	0,77	0,9	0,75
Gross Profit Margin	100 %	−78,8 %	75,27 %	−347,27 %