GNIST INNOVATION AS

0252 OSLO

Finances

Return on Equity

57,49 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 029 000	1 291 000	1 450 000	197 000
Net Income	1 443 000	100 000	921 000	−1 122 000
Total Assets	4 556 000	1 872 000	1 873 000	259 000
Total Equity	2 510 000	1 067 000	968 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 029 000	1 291 000	1 450 000	197 000
Expenditure	3 139 000	1 185 000	528 000	1 281 000
Operating Profit	1 859 000	105 000	921 000	−1 084 000
Financial Income	156 000	0	0	300 000
Financial Costs	421 000	5 000	0	338 000
Financial Balance	−265 000	−5 000	0	−38 000
Earnings Before Tax	1 594 000	100 000	921 000	−1 122 000
Tax	152 000	0	0	0
Net Income	1 443 000	100 000	921 000	−1 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 595 000	1 153 000	134 000	107 000
Total Current Assets	2 962 000	719 000	1 739 000	152 000
Total Assets	4 556 000	1 872 000	1 873 000	259 000
Total Retained Equity	10 000	−1 433 000	−1 532 000	−2 454 000
Total Equity	2 510 000	1 067 000	968 000	46 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	2 043 000	805 000	905 000	212 000
Total Equity and Debt	4 556 000	1 872 000	1 873 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 029 000	1 291 000	1 450 000	197 000
Other Income	0	0	0	0
Revenue	5 029 000	1 291 000	1 450 000	197 000
Cost of Goods Sold	0	0	0	1 768 000
Salary Costs	2 663 000	895 000	0	31 000
Depreciation	5 000	6 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	3 139 000	1 185 000	528 000	1 281 000
Operating Profit	1 859 000	105 000	921 000	−1 084 000
Financial Income	156 000	0	0	300 000
Financial Costs	421 000	5 000	0	338 000
Financial Balance	−265 000	−5 000	0	−38 000
Dividends	0	0	0	800 000
Net Income	1 443 000	100 000	921 000	−1 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	111 000	84 000	19 000
Total Tangible Assets	105 000	111 000	84 000	19 000
Total Fiancial Fixed Assets	1 490 000	1 042 000	50 000	88 000
Total Fixed Assets	1 595 000	1 153 000	134 000	107 000
Stock	0	30 000	30 000	30 000
Total Investments	1 307 000	0	0	0
Cash, Bank	809 000	343 000	752 000	16 000
Total Current Assets	2 962 000	719 000	1 739 000	152 000
Total Assets	4 556 000	1 872 000	1 873 000	259 000
Total Equity	2 510 000	1 067 000	968 000	46 000
Short-Term Group Debt	72 000	30 000	54 000	54 000
Total Long-Term Debt	3 000	0	0	0
Creditors	27 000	52 000	101 000	106 000
Unpaid Taxes	1 466 000	170 000	357 000	8 000
Dividends	0	0	0	800 000
Other Current Debt	329 000	553 000	393 000	44 000
Total Current Debt	2 043 000	805 000	905 000	212 000
Total Equity and Debt	4 556 000	1 872 000	1 873 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,49 %	9,37 %	95,14 %	−2 439,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,97 %	8,13 %	63,52 %	−550,25 %
Current Ratio	1,45	0,89	1,92	0,72
Quick Ratio	1,45	0,93	1,99	0,84
Equity Ratio	0,55	0,57	0,52	0,18
Gross Profit Margin	100 %	100 %	100 %	−797,46 %