EVOLVE NORGE AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

86,66 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 807 000	28 677 000	14 996 000	10 548 000
Net Income	−56 987 000	−12 520 000	2 000	815 000
Total Assets	31 765 000	49 539 000	11 908 000	9 092 000
Total Equity	−65 759 000	8 417 000	395 000	393 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 807 000	28 677 000	14 996 000	10 548 000
Expenditure	127 299 000	44 568 000	14 884 000	9 495 000
Operating Profit	−43 492 000	−15 891 000	113 000	1 053 000
Financial Income	44 000	15 000	13 000	7 000
Financial Costs	1 049 000	174 000	122 000	7 000
Financial Balance	−1 005 000	−159 000	−109 000	0
Earnings Before Tax	−44 497 000	−16 051 000	4 000	1 053 000
Tax	12 489 000	−3 531 000	2 000	237 000
Net Income	−56 987 000	−12 520 000	2 000	815 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 415 000	7 002 000	7 529 000	5 114 000
Total Current Assets	19 350 000	42 537 000	4 379 000	3 978 000
Total Assets	31 765 000	49 539 000	11 908 000	9 092 000
Total Retained Equity	−129 737 000	−12 155 000	365 000	363 000
Total Equity	−65 759 000	8 417 000	395 000	393 000
Total Long-Term Debt	28 733 000	8 518 000	1 617 000	9 000
Total Current Debt	68 791 000	32 604 000	9 896 000	8 691 000
Total Equity and Debt	31 765 000	49 539 000	11 908 000	9 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 761 000	28 677 000	14 996 000	10 548 000
Other Income	45 000	0	0	0
Revenue	83 807 000	28 677 000	14 996 000	10 548 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 144 000	0	0	0
Depreciation	2 536 000	982 000	617 000	215 000
Impairment	154 000	0	0	0
Expenditure	127 299 000	44 568 000	14 884 000	9 495 000
Operating Profit	−43 492 000	−15 891 000	113 000	1 053 000
Financial Income	44 000	15 000	13 000	7 000
Financial Costs	1 049 000	174 000	122 000	7 000
Financial Balance	−1 005 000	−159 000	−109 000	0
Dividends	0	0	0	0
Net Income	−56 987 000	−12 520 000	2 000	815 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 566 000	3 511 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	171 000	0	0	0
Fixtures	7 678 000	3 491 000	3 266 000	1 360 000
Total Tangible Assets	7 849 000	3 491 000	3 266 000	1 360 000
Total Fiancial Fixed Assets	0	0	4 263 000	3 754 000
Total Fixed Assets	12 415 000	7 002 000	7 529 000	5 114 000
Stock	0	0	70 000	0
Total Investments	0	0	0	0
Cash, Bank	246 000	98 000	348 000	3 393 000
Total Current Assets	19 350 000	42 537 000	4 379 000	3 978 000
Total Assets	31 765 000	49 539 000	11 908 000	9 092 000
Total Equity	−65 759 000	8 417 000	395 000	393 000
Short-Term Group Debt	9 813 000	0	0	594 000
Total Long-Term Debt	28 733 000	8 518 000	1 617 000	9 000
Creditors	38 859 000	4 635 000	4 885 000	2 770 000
Unpaid Taxes	447 000	0	0	322 000
Dividends	0	0	0	0
Other Current Debt	19 671 000	27 969 000	5 011 000	4 906 000
Total Current Debt	68 791 000	32 604 000	9 896 000	8 691 000
Total Equity and Debt	31 765 000	49 539 000	11 908 000	9 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,66 %	−148,75 %	0,51 %	207,38 %
Debt-to-Equity Ratio	−0,44	1,01	4,09	0,02
Operating Profit Margin	−51,9 %	−55,41 %	0,75 %	9,98 %
Current Ratio	0,28	1,3	0,44	0,46
Quick Ratio	0,28	1,3	0,45	0,46
Equity Ratio	−2,07	0,17	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %