EDGE INNOVATION GROUP NORWAY AS

0262 OSLO

Finances

Return on Equity

0,56 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 004 000	6 355 000	6 544 000	3 997 000
Net Income	16 000	9 000	674 000	−153 000
Total Assets	8 494 000	8 877 000	8 620 000	5 517 000
Total Equity	2 850 000	2 834 000	2 825 000	2 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 004 000	6 355 000	6 544 000	3 997 000
Expenditure	2 955 000	6 311 000	5 737 000	4 108 000
Operating Profit	49 000	44 000	806 000	−111 000
Financial Income	1 000	3 000	11 000	1 000
Financial Costs	34 000	38 000	143 000	43 000
Financial Balance	−33 000	−35 000	−132 000	−42 000
Earnings Before Tax	16 000	9 000	674 000	−153 000
Tax	0	0	0	0
Net Income	16 000	9 000	674 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	104 000	136 000	226 000
Total Current Assets	8 349 000	8 773 000	8 483 000	5 290 000
Total Assets	8 494 000	8 877 000	8 620 000	5 517 000
Total Retained Equity	2 820 000	2 804 000	2 795 000	2 121 000
Total Equity	2 850 000	2 834 000	2 825 000	2 151 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 644 000	6 043 000	5 795 000	3 366 000
Total Equity and Debt	8 494 000	8 877 000	8 620 000	5 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 004 000	6 355 000	6 544 000	3 997 000
Other Income	0	0	0	0
Revenue	3 004 000	6 355 000	6 544 000	3 997 000
Cost of Goods Sold	712 000	122 000	277 000	274 000
Salary Costs	1 627 000	4 512 000	3 730 000	2 698 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 955 000	6 311 000	5 737 000	4 108 000
Operating Profit	49 000	44 000	806 000	−111 000
Financial Income	1 000	3 000	11 000	1 000
Financial Costs	34 000	38 000	143 000	43 000
Financial Balance	−33 000	−35 000	−132 000	−42 000
Dividends	0	0	0	0
Net Income	16 000	9 000	674 000	−153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	145 000	104 000	136 000	226 000
Total Fixed Assets	145 000	104 000	136 000	226 000
Stock	0	0	0	0
Total Investments	20 000	20 000	0	0
Cash, Bank	222 000	595 000	1 147 000	155 000
Total Current Assets	8 349 000	8 773 000	8 483 000	5 290 000
Total Assets	8 494 000	8 877 000	8 620 000	5 517 000
Total Equity	2 850 000	2 834 000	2 825 000	2 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 117 000	4 517 000	4 034 000	2 258 000
Unpaid Taxes	230 000	699 000	584 000	53 000
Dividends	0	0	0	0
Other Current Debt	1 021 000	1 081 000	1 442 000	1 095 000
Total Current Debt	5 644 000	6 043 000	5 795 000	3 366 000
Total Equity and Debt	8 494 000	8 877 000	8 620 000	5 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,56 %	0,32 %	23,86 %	−7,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,63 %	0,69 %	12,32 %	−2,78 %
Current Ratio	1,48	1,45	1,46	1,57
Quick Ratio	1,48	1,45	1,46	1,57
Equity Ratio	0,34	0,32	0,33	0,39
Gross Profit Margin	76,3 %	98,08 %	95,77 %	93,14 %