NAARDIC TECH AS

0484 OSLO

Finances

Share Ownership

Return on Equity

24,68 %

Current Ratio

0,76

Debt-to-Equity Ratio

−4,34

Key figures (NOK)	2022	2021	2020
Revenue	660 000	385 000	80 000
Net Income	−939 000	−1 747 000	−1 149 000
Total Assets	15 230 000	11 992 000	3 469 000
Total Equity	−3 805 000	−2 866 000	−1 119 000

Income (NOK)	2022	2021	2020
Revenue	660 000	385 000	80 000
Expenditure	1 002 000	2 134 000	1 229 000
Operating Profit	−342 000	−1 749 000	−1 148 000
Financial Income	16 000	26 000	0
Financial Costs	613 000	24 000	1 000
Financial Balance	−597 000	2 000	−1 000
Earnings Before Tax	−939 000	−1 747 000	−1 149 000
Tax	0	0	0
Net Income	−939 000	−1 747 000	−1 149 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 309 000	8 042 000	2 417 000
Total Current Assets	1 922 000	3 951 000	1 052 000
Total Assets	15 230 000	11 992 000	3 469 000
Total Retained Equity	−3 835 000	−2 896 000	−1 149 000
Total Equity	−3 805 000	−2 866 000	−1 119 000
Total Long-Term Debt	16 506 000	13 727 000	4 225 000
Total Current Debt	2 530 000	1 131 000	363 000
Total Equity and Debt	15 230 000	11 992 000	3 469 000

Cash flow (NOK)	2022	2021	2020
Sales Income	660 000	385 000	80 000
Other Income	0	0	0
Revenue	660 000	385 000	80 000
Cost of Goods Sold	0	0	5 000
Salary Costs	0	72 000	−44 000
Depreciation	121 000	84 000	14 000
Impairment	0	0	0
Expenditure	1 002 000	2 134 000	1 229 000
Operating Profit	−342 000	−1 749 000	−1 148 000
Financial Income	16 000	26 000	0
Financial Costs	613 000	24 000	1 000
Financial Balance	−597 000	2 000	−1 000
Dividends	0	0	0
Net Income	−939 000	−1 747 000	−1 149 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	11 993 000	7 564 000	2 417 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	357 000	478 000	0
Total Tangible Assets	357 000	478 000	0
Total Fiancial Fixed Assets	959 000	0	0
Total Fixed Assets	13 309 000	8 042 000	2 417 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	108 000	334 000	233 000
Total Current Assets	1 922 000	3 951 000	1 052 000
Total Assets	15 230 000	11 992 000	3 469 000
Total Equity	−3 805 000	−2 866 000	−1 119 000
Short-Term Group Debt	729 000	0	0
Total Long-Term Debt	16 506 000	13 727 000	4 225 000
Creditors	1 801 000	1 052 000	355 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	79 000	8 000
Total Current Debt	2 530 000	1 131 000	363 000
Total Equity and Debt	15 230 000	11 992 000	3 469 000

Financial indicators	2022	2021	2020
Return on Equity	24,68 %	60,96 %	102,68 %
Debt-to-Equity Ratio	−4,34	−4,79	−3,78
Operating Profit Margin	−51,82 %	−454,29 %	−1 435 %
Current Ratio	0,76	3,49	2,9
Quick Ratio	0,76	3,49	2,9
Equity Ratio	−0,25	−0,24	−0,32
Gross Profit Margin	100 %	100 %	93,75 %