DISRUPTIVE TECHNOLOGIES RESEARCH AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

353,24 %

Current Ratio

2,39

Debt-to-Equity Ratio

−4,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 994 000	31 378 000	18 949 000	31 529 000
Net Income	−82 082 000	−84 550 000	−97 449 000	−86 609 000
Total Assets	111 950 000	115 663 000	107 845 000	138 758 000
Total Equity	−23 237 000	49 664 000	28 851 000	118 048 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 994 000	31 378 000	18 949 000	31 529 000
Expenditure	124 932 000	114 698 000	115 921 000	117 292 000
Operating Profit	−80 938 000	−83 320 000	−96 973 000	−85 763 000
Financial Income	403 000	53 000	3 000	64 000
Financial Costs	1 547 000	821 000	−4 000	910 000
Financial Balance	−1 144 000	−768 000	7 000	−846 000
Earnings Before Tax	−82 082 000	−84 088 000	−96 965 000	−86 609 000
Tax	0	462 000	484 000	0
Net Income	−82 082 000	−84 550 000	−97 449 000	−86 609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 378 000	41 891 000	59 194 000	65 006 000
Total Current Assets	84 572 000	73 772 000	48 650 000	73 752 000
Total Assets	111 950 000	115 663 000	107 845 000	138 758 000
Total Retained Equity	−32 237 000	−61 000	−184 061 000	−86 612 000
Total Equity	−23 237 000	49 664 000	28 851 000	118 048 000
Total Long-Term Debt	99 796 000	15 000 000	0	0
Total Current Debt	35 391 000	51 000 000	78 994 000	20 710 000
Total Equity and Debt	111 950 000	115 663 000	107 845 000	138 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 460 000	31 378 000	18 949 000	12 370 000
Other Income	1 534 000	0	0	19 159 000
Revenue	43 994 000	31 378 000	18 949 000	31 529 000
Cost of Goods Sold	27 251 000	24 553 000	19 407 000	11 889 000
Salary Costs	52 916 000	54 278 000	42 791 000	54 878 000
Depreciation	18 003 000	16 365 000	17 294 000	12 389 000
Impairment	0	0	16 266 000	0
Expenditure	124 932 000	114 698 000	115 921 000	117 292 000
Operating Profit	−80 938 000	−83 320 000	−96 973 000	−85 763 000
Financial Income	403 000	53 000	3 000	64 000
Financial Costs	1 547 000	821 000	−4 000	910 000
Financial Balance	−1 144 000	−768 000	7 000	−846 000
Dividends	0	0	0	0
Net Income	−82 082 000	−84 550 000	−97 449 000	−86 609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 675 000	14 802 000	25 627 000	28 387 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	36 440 000
Fixtures	17 594 000	25 519 000	33 480 000	0
Total Tangible Assets	17 594 000	25 519 000	33 480 000	36 440 000
Total Fiancial Fixed Assets	2 109 000	1 569 000	88 000	179 000
Total Fixed Assets	27 378 000	41 891 000	59 194 000	65 006 000
Stock	13 145 000	11 352 000	14 804 000	14 304 000
Total Investments	0	0	0	0
Cash, Bank	21 311 000	19 394 000	16 220 000	38 231 000
Total Current Assets	84 572 000	73 772 000	48 650 000	73 752 000
Total Assets	111 950 000	115 663 000	107 845 000	138 758 000
Total Equity	−23 237 000	49 664 000	28 851 000	118 048 000
Short-Term Group Debt	−36 000	28 925 000	62 329 000	0
Total Long-Term Debt	99 796 000	15 000 000	0	0
Creditors	7 461 000	3 408 000	5 277 000	4 408 000
Unpaid Taxes	2 613 000	2 503 000	2 048 000	3 787 000
Dividends	0	0	0	0
Other Current Debt	25 352 000	16 165 000	9 340 000	12 515 000
Total Current Debt	35 391 000	51 000 000	78 994 000	20 710 000
Total Equity and Debt	111 950 000	115 663 000	107 845 000	138 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	353,24 %	−170,24 %	−337,77 %	−73,37 %
Debt-to-Equity Ratio	−4,29	0,3	0	0
Operating Profit Margin	−183,98 %	−265,54 %	−511,76 %	−272,01 %
Current Ratio	2,39	1,45	0,62	3,56
Quick Ratio	3,8	1,86	0,76	11,51
Equity Ratio	−0,21	0,43	0,27	0,85
Gross Profit Margin	38,06 %	21,75 %	−2,42 %	62,29 %