ARDOQ AS

0159 OSLO

Finances

Return on Equity

−18,93 %

Current Ratio

7,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 006 000	77 775 000	45 090 000	26 644 000
Net Income	−141 772 000	−96 904 000	−18 231 000	−31 716 000
Total Assets	859 971 000	226 126 000	100 248 000	50 728 000
Total Equity	748 745 000	149 830 000	64 089 000	22 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 006 000	77 775 000	45 090 000	26 644 000
Expenditure	350 677 000	174 637 000	63 149 000	58 162 000
Operating Profit	−213 671 000	−96 864 000	−18 059 000	−31 519 000
Financial Income	91 228 000	977 000	1 448 000	303 000
Financial Costs	19 329 000	1 018 000	1 620 000	500 000
Financial Balance	71 899 000	−41 000	−172 000	−197 000
Earnings Before Tax	−141 772 000	−96 904 000	−18 231 000	−31 716 000
Tax	0	0	0	0
Net Income	−141 772 000	−96 904 000	−18 231 000	−31 716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 187 000	1 588 000	37 889 000	10 288 000
Total Current Assets	825 784 000	224 539 000	62 359 000	40 440 000
Total Assets	859 971 000	226 126 000	100 248 000	50 728 000
Total Retained Equity	−261 233 000	−139 689 000	−1 000	−73 421 000
Total Equity	748 745 000	149 830 000	64 089 000	22 186 000
Total Long-Term Debt	925 000	0	0	10 000 000
Total Current Debt	110 301 000	76 296 000	36 158 000	18 543 000
Total Equity and Debt	859 971 000	226 126 000	100 248 000	50 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 006 000	77 775 000	45 080 000	26 640 000
Other Income	0	0	10 000	4 000
Revenue	137 006 000	77 775 000	45 090 000	26 644 000
Cost of Goods Sold	3 080 000	1 586 000	1 731 000	0
Salary Costs	236 265 000	126 674 000	42 195 000	40 905 000
Depreciation	6 390 000	674 000	464 000	309 000
Impairment	0	0	0	0
Expenditure	350 677 000	174 637 000	63 149 000	58 162 000
Operating Profit	−213 671 000	−96 864 000	−18 059 000	−31 519 000
Financial Income	91 228 000	977 000	1 448 000	303 000
Financial Costs	19 329 000	1 018 000	1 620 000	500 000
Financial Balance	71 899 000	−41 000	−172 000	−197 000
Dividends	0	0	0	0
Net Income	−141 772 000	−96 904 000	−18 231 000	−31 716 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 918 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 582 000	1 323 000	825 000	510 000
Total Tangible Assets	2 582 000	1 323 000	825 000	510 000
Total Fiancial Fixed Assets	1 687 000	265 000	37 064 000	9 778 000
Total Fixed Assets	34 187 000	1 588 000	37 889 000	10 288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	799 217 000	178 493 000	52 637 000	33 056 000
Total Current Assets	825 784 000	224 539 000	62 359 000	40 440 000
Total Assets	859 971 000	226 126 000	100 248 000	50 728 000
Total Equity	748 745 000	149 830 000	64 089 000	22 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	925 000	0	0	10 000 000
Creditors	9 081 000	3 695 000	1 586 000	652 000
Unpaid Taxes	10 348 000	8 644 000	4 268 000	3 433 000
Dividends	0	0	0	0
Other Current Debt	90 872 000	63 956 000	30 304 000	14 458 000
Total Current Debt	110 301 000	76 296 000	36 158 000	18 543 000
Total Equity and Debt	859 971 000	226 126 000	100 248 000	50 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,93 %	−64,68 %	−28,45 %	−142,96 %
Debt-to-Equity Ratio	0	0	0	0,45
Operating Profit Margin	−155,96 %	−124,54 %	−40,05 %	−118,3 %
Current Ratio	7,49	2,94	1,72	2,18
Quick Ratio	7,49	2,94	1,72	2,18
Equity Ratio	0,87	0,66	0,64	0,44
Gross Profit Margin	97,75 %	97,96 %	96,16 %	100 %