DOLPHITECH AS

2821 GJØVIK

Finances

Return on Equity

−298,61 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 039 000	18 544 000	12 090 000	5 644 000
Net Income	−48 653 000	−31 427 000	−16 985 000	−21 985 000
Total Assets	40 546 000	56 870 000	36 064 000	26 537 000
Total Equity	16 293 000	19 139 000	28 536 000	14 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 039 000	18 544 000	12 090 000	5 644 000
Expenditure	73 449 000	49 411 000	28 157 000	27 454 000
Operating Profit	−48 409 000	−30 867 000	−16 066 000	−21 811 000
Financial Income	613 000	506 000	540 000	200 000
Financial Costs	856 000	1 066 000	1 459 000	375 000
Financial Balance	−243 000	−560 000	−919 000	−175 000
Earnings Before Tax	−48 653 000	−31 427 000	−16 985 000	−21 985 000
Tax	0	0	0	0
Net Income	−48 653 000	−31 427 000	−16 985 000	−21 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 645 000	32 691 000	22 047 000	19 055 000
Total Current Assets	10 901 000	24 180 000	14 017 000	7 482 000
Total Assets	40 546 000	56 870 000	36 064 000	26 537 000
Total Retained Equity	0	0	−11 327 000	0
Total Equity	16 293 000	19 139 000	28 536 000	14 480 000
Total Long-Term Debt	3 260 000	4 031 000	5 043 000	5 550 000
Total Current Debt	20 994 000	33 701 000	2 485 000	6 508 000
Total Equity and Debt	40 546 000	56 870 000	36 064 000	26 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 731 000	18 544 000	12 084 000	5 644 000
Other Income	13 308 000	0	6 000	0
Revenue	25 039 000	18 544 000	12 090 000	5 644 000
Cost of Goods Sold	14 064 000	7 341 000	3 890 000	4 675 000
Salary Costs	21 058 000	11 227 000	7 232 000	6 543 000
Depreciation	1 357 000	8 189 000	6 462 000	5 726 000
Impairment	0	0	0	0
Expenditure	73 449 000	49 411 000	28 157 000	27 454 000
Operating Profit	−48 409 000	−30 867 000	−16 066 000	−21 811 000
Financial Income	613 000	506 000	540 000	200 000
Financial Costs	856 000	1 066 000	1 459 000	375 000
Financial Balance	−243 000	−560 000	−919 000	−175 000
Dividends	0	0	0	0
Net Income	−48 653 000	−31 427 000	−16 985 000	−21 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 654 000	30 375 000	21 738 000	18 685 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	944 000	89 000	129 000	152 000
Fixtures	9 000	1 003 000	174 000	218 000
Total Tangible Assets	953 000	1 092 000	304 000	370 000
Total Fiancial Fixed Assets	24 039 000	1 224 000	5 000	0
Total Fixed Assets	29 645 000	32 691 000	22 047 000	19 055 000
Stock	0	3 161 000	2 486 000	659 000
Total Investments	0	0	0	0
Cash, Bank	3 876 000	7 388 000	5 269 000	3 149 000
Total Current Assets	10 901 000	24 180 000	14 017 000	7 482 000
Total Assets	40 546 000	56 870 000	36 064 000	26 537 000
Total Equity	16 293 000	19 139 000	28 536 000	14 480 000
Short-Term Group Debt	594 000	0	0	0
Total Long-Term Debt	3 260 000	4 031 000	5 043 000	5 550 000
Creditors	6 937 000	9 535 000	2 263 000	3 279 000
Unpaid Taxes	1 385 000	1 500 000	1 122 000	858 000
Dividends	0	0	0	0
Other Current Debt	12 078 000	22 667 000	1 199 000	2 370 000
Total Current Debt	20 994 000	33 701 000	2 485 000	6 508 000
Total Equity and Debt	40 546 000	56 870 000	36 064 000	26 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−298,61 %	−164,2 %	−59,52 %	−151,83 %
Debt-to-Equity Ratio	0,2	0,21	0,18	0,38
Operating Profit Margin	−193,33 %	−166,45 %	−132,89 %	−386,45 %
Current Ratio	0,52	0,72	5,64	1,15
Quick Ratio	0,52	0,79	−14 017	1,28
Equity Ratio	0,4	0,34	0,79	0,55
Gross Profit Margin	43,83 %	60,41 %	67,82 %	17,17 %