NORGENOTECH AS

0379 OSLO

Finances

Return on Equity

−914,81 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 538 000	3 760 000	2 076 000	1 154 000
Net Income	−247 000	18 000	182 000	−87 000
Total Assets	1 271 000	1 934 000	2 279 000	2 976 000
Total Equity	27 000	273 000	256 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 538 000	3 760 000	2 076 000	1 154 000
Expenditure	3 831 000	3 711 000	2 019 000	1 368 000
Operating Profit	−293 000	49 000	56 000	−215 000
Financial Income	2 000	1 000	152 000	67 000
Financial Costs	23 000	28 000	3 000	0
Financial Balance	−21 000	−27 000	149 000	67 000
Earnings Before Tax	−314 000	21 000	205 000	−148 000
Tax	−67 000	4 000	23 000	−61 000
Net Income	−247 000	18 000	182 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	318 000	368 000	300 000
Total Current Assets	915 000	1 616 000	1 911 000	2 676 000
Total Assets	1 271 000	1 934 000	2 279 000	2 976 000
Total Retained Equity	−110 000	136 000	119 000	−63 000
Total Equity	27 000	273 000	256 000	74 000
Total Long-Term Debt	0	0	965 000	1 804 000
Total Current Debt	1 245 000	1 661 000	1 058 000	1 098 000
Total Equity and Debt	1 271 000	1 934 000	2 279 000	2 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 956 000	343 000	552 000	538 000
Other Income	1 583 000	3 417 000	1 523 000	616 000
Revenue	3 538 000	3 760 000	2 076 000	1 154 000
Cost of Goods Sold	88 000	100 000	−40 000	89 000
Salary Costs	2 725 000	2 625 000	1 425 000	769 000
Depreciation	47 000	46 000	47 000	14 000
Impairment	0	0	0	0
Expenditure	3 831 000	3 711 000	2 019 000	1 368 000
Operating Profit	−293 000	49 000	56 000	−215 000
Financial Income	2 000	1 000	152 000	67 000
Financial Costs	23 000	28 000	3 000	0
Financial Balance	−21 000	−27 000	149 000	67 000
Dividends	0	0	0	0
Net Income	−247 000	18 000	182 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	154 000	87 000	91 000	114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	58 000	104 000	13 000
Total Tangible Assets	29 000	58 000	104 000	13 000
Total Fiancial Fixed Assets	173 000	173 000	173 000	173 000
Total Fixed Assets	356 000	318 000	368 000	300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	848 000	801 000	1 622 000
Total Current Assets	915 000	1 616 000	1 911 000	2 676 000
Total Assets	1 271 000	1 934 000	2 279 000	2 976 000
Total Equity	27 000	273 000	256 000	74 000
Short-Term Group Debt	107 000	840 000	652 000	465 000
Total Long-Term Debt	0	0	965 000	1 804 000
Creditors	46 000	1 000	54 000	475 000
Unpaid Taxes	129 000	134 000	137 000	52 000
Dividends	0	0	0	0
Other Current Debt	962 000	687 000	215 000	106 000
Total Current Debt	1 245 000	1 661 000	1 058 000	1 098 000
Total Equity and Debt	1 271 000	1 934 000	2 279 000	2 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−914,81 %	6,59 %	71,09 %	−117,57 %
Debt-to-Equity Ratio	0	0	3,77	24,38
Operating Profit Margin	−8,28 %	1,3 %	2,7 %	−18,63 %
Current Ratio	0,73	0,97	1,81	2,44
Quick Ratio	0,73	0,97	1,81	2,44
Equity Ratio	0,02	0,14	0,11	0,02
Gross Profit Margin	97,51 %	97,34 %	101,93 %	92,29 %