EXCITUS AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

−14,65 %

Current Ratio

3,89

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	75 000	34 000	88 000
Net Income	−2 439 000	−3 438 000	−2 909 000	−1 376 000
Total Assets	27 384 000	17 958 000	15 532 000	4 947 000
Total Equity	16 646 000	9 816 000	3 266 000	3 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	75 000	34 000	88 000
Expenditure	1 967 000	3 216 000	2 825 000	1 451 000
Operating Profit	−1 967 000	−3 141 000	−2 791 000	−1 363 000
Financial Income	21 000	16 000	20 000	5 000
Financial Costs	493 000	313 000	137 000	18 000
Financial Balance	−472 000	−297 000	−117 000	−13 000
Earnings Before Tax	−2 439 000	−3 438 000	−2 909 000	−1 376 000
Tax	0	0	0	0
Net Income	−2 439 000	−3 438 000	−2 909 000	−1 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 382 000	13 360 000	8 431 000	3 104 000
Total Current Assets	11 002 000	4 598 000	7 101 000	1 843 000
Total Assets	27 384 000	17 958 000	15 532 000	4 947 000
Total Retained Equity	0	0	0	−1 715 000
Total Equity	16 646 000	9 816 000	3 266 000	3 075 000
Total Long-Term Debt	7 910 000	400 000	0	0
Total Current Debt	2 827 000	7 742 000	12 266 000	1 872 000
Total Equity and Debt	27 384 000	17 958 000	15 532 000	4 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	26 000	0	73 000
Other Income	0	49 000	34 000	15 000
Revenue	0	75 000	34 000	88 000
Cost of Goods Sold	0	0	0	93 000
Salary Costs	815 000	1 634 000	1 124 000	12 000
Depreciation	28 000	38 000	30 000	8 000
Impairment	0	0	0	0
Expenditure	1 967 000	3 216 000	2 825 000	1 451 000
Operating Profit	−1 967 000	−3 141 000	−2 791 000	−1 363 000
Financial Income	21 000	16 000	20 000	5 000
Financial Costs	493 000	313 000	137 000	18 000
Financial Balance	−472 000	−297 000	−117 000	−13 000
Dividends	0	0	0	0
Net Income	−2 439 000	−3 438 000	−2 909 000	−1 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 358 000	13 307 000	8 314 000	3 033 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	53 000	117 000	71 000
Total Tangible Assets	25 000	53 000	117 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 382 000	13 360 000	8 431 000	3 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 733 000	994 000	5 513 000	493 000
Total Current Assets	11 002 000	4 598 000	7 101 000	1 843 000
Total Assets	27 384 000	17 958 000	15 532 000	4 947 000
Total Equity	16 646 000	9 816 000	3 266 000	3 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 910 000	400 000	0	0
Creditors	1 345 000	1 990 000	1 091 000	668 000
Unpaid Taxes	21 000	62 000	144 000	577 000
Dividends	0	0	0	0
Other Current Debt	1 462 000	790 000	1 632 000	628 000
Total Current Debt	2 827 000	7 742 000	12 266 000	1 872 000
Total Equity and Debt	27 384 000	17 958 000	15 532 000	4 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,65 %	−35,02 %	−89,07 %	−44,75 %
Debt-to-Equity Ratio	0,48	0,04	0	0
Operating Profit Margin	-	−4 188 %	−8 208,82 %	−1 548,86 %
Current Ratio	3,89	0,59	0,58	0,98
Quick Ratio	3,89	0,59	0,58	0,98
Equity Ratio	0,61	0,55	0,21	0,62
Gross Profit Margin	-	100 %	100 %	−5,68 %