NEUROWAVE AS

1446 DRØBAK

Finances

Share Ownership

Return on Equity

8,96 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 000	167 000	416 000	279 000
Net Income	−270 000	−314 000	−226 000	−722 000
Total Assets	1 210 000	1 577 000	2 074 000	2 623 000
Total Equity	−3 013 000	−2 742 000	−2 428 000	−2 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 000	167 000	416 000	279 000
Expenditure	364 000	466 000	599 000	962 000
Operating Profit	−225 000	−299 000	−184 000	−683 000
Financial Income	0	29 000	0	0
Financial Costs	46 000	44 000	42 000	39 000
Financial Balance	−46 000	−15 000	−42 000	−39 000
Earnings Before Tax	−270 000	−314 000	−226 000	−722 000
Tax	0	0	0	0
Net Income	−270 000	−314 000	−226 000	−722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 147 000	1 508 000	1 944 000	2 437 000
Total Current Assets	62 000	69 000	129 000	186 000
Total Assets	1 210 000	1 577 000	2 074 000	2 623 000
Total Retained Equity	−3 669 000	−3 399 000	−3 085 000	−2 859 000
Total Equity	−3 013 000	−2 742 000	−2 428 000	−2 203 000
Total Long-Term Debt	100 000	200 000	300 000	500 000
Total Current Debt	4 122 000	4 119 000	4 202 000	4 325 000
Total Equity and Debt	1 210 000	1 577 000	2 074 000	2 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	67 000	181 000	279 000
Other Income	100 000	100 000	234 000	0
Revenue	139 000	167 000	416 000	279 000
Cost of Goods Sold	19 000	9 000	30 000	86 000
Salary Costs	0	0	0	0
Depreciation	360 000	407 000	425 000	430 000
Impairment	0	0	0	0
Expenditure	364 000	466 000	599 000	962 000
Operating Profit	−225 000	−299 000	−184 000	−683 000
Financial Income	0	29 000	0	0
Financial Costs	46 000	44 000	42 000	39 000
Financial Balance	−46 000	−15 000	−42 000	−39 000
Dividends	0	0	0	0
Net Income	−270 000	−314 000	−226 000	−722 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 147 000	1 508 000	1 914 000	2 339 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	30 000	98 000
Total Fixed Assets	1 147 000	1 508 000	1 944 000	2 437 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	65 000	87 000	84 000
Total Current Assets	62 000	69 000	129 000	186 000
Total Assets	1 210 000	1 577 000	2 074 000	2 623 000
Total Equity	−3 013 000	−2 742 000	−2 428 000	−2 203 000
Short-Term Group Debt	0	0	57 000	62 000
Total Long-Term Debt	100 000	200 000	300 000	500 000
Creditors	377 000	370 000	368 000	525 000
Unpaid Taxes	−2 000	0	15 000	−16 000
Dividends	0	0	0	0
Other Current Debt	3 747 000	3 750 000	3 762 000	3 755 000
Total Current Debt	4 122 000	4 119 000	4 202 000	4 325 000
Total Equity and Debt	1 210 000	1 577 000	2 074 000	2 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,96 %	11,45 %	9,31 %	32,77 %
Debt-to-Equity Ratio	−0,03	−0,07	−0,12	−0,23
Operating Profit Margin	−161,87 %	−179,04 %	−44,23 %	−244,8 %
Current Ratio	0,02	0,02	0,03	0,04
Quick Ratio	0,02	0,02	0,03	0,04
Equity Ratio	−2,49	−1,74	−1,17	−0,84
Gross Profit Margin	86,33 %	94,61 %	92,79 %	69,18 %