EDGE INNOVATION GROUP AS

0262 OSLO

Finances

Return on Equity

−1 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	804 000	645 000	400 000	100 000
Net Income	27 000	483 000	−425 000	−1 446 000
Total Assets	4 625 000	3 960 000	3 179 000	2 211 000
Total Equity	−2 712 000	−2 739 000	−3 222 000	−2 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	804 000	645 000	400 000	100 000
Expenditure	776 000	162 000	825 000	1 544 000
Operating Profit	28 000	483 000	−425 000	−1 444 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	27 000	483 000	−425 000	−1 446 000
Tax	0	0	0	0
Net Income	27 000	483 000	−425 000	−1 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	27 000	27 000	27 000
Total Current Assets	4 598 000	3 933 000	3 152 000	2 184 000
Total Assets	4 625 000	3 960 000	3 179 000	2 211 000
Total Retained Equity	−2 752 000	−2 779 000	−3 262 000	−2 837 000
Total Equity	−2 712 000	−2 739 000	−3 222 000	−2 797 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 337 000	6 699 000	6 402 000	5 008 000
Total Equity and Debt	4 625 000	3 960 000	3 179 000	2 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	804 000	645 000	400 000	100 000
Other Income	0	0	0	0
Revenue	804 000	645 000	400 000	100 000
Cost of Goods Sold	0	75 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	776 000	162 000	825 000	1 544 000
Operating Profit	28 000	483 000	−425 000	−1 444 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	27 000	483 000	−425 000	−1 446 000

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	27 000	27 000	27 000	27 000
Total Fixed Assets	27 000	27 000	27 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	111 000	5 000	20 000
Total Current Assets	4 598 000	3 933 000	3 152 000	2 184 000
Total Assets	4 625 000	3 960 000	3 179 000	2 211 000
Total Equity	−2 712 000	−2 739 000	−3 222 000	−2 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 203 000	6 545 000	6 375 000	3 503 000
Unpaid Taxes	−109 000	127 000	0	0
Dividends	0	0	0	0
Other Current Debt	243 000	27 000	27 000	1 505 000
Total Current Debt	7 337 000	6 699 000	6 402 000	5 008 000
Total Equity and Debt	4 625 000	3 960 000	3 179 000	2 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 %	−17,63 %	13,19 %	51,7 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	3,48 %	74,88 %	−106,25 %	−1 444 %
Current Ratio	0,63	0,59	0,49	0,44
Quick Ratio	0,63	0,59	0,49	0,44
Equity Ratio	−0,59	−0,69	−1,01	−1,27
Gross Profit Margin	100 %	88,37 %	100 %	100 %