STARTECH AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

11,93 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	134 000	0	63 000	50 000
Net Income	52 000	−47 000	30 000	17 000
Total Assets	472 000	401 000	457 000	421 000
Total Equity	436 000	385 000	431 000	401 000

Income (NOK)	2022	2021	2020	2019
Revenue	134 000	0	63 000	50 000
Expenditure	82 000	47 000	34 000	33 000
Operating Profit	52 000	−47 000	30 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	52 000	−47 000	30 000	17 000
Tax	0	0	0	0
Net Income	52 000	−47 000	30 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	400 000	400 000	400 000	400 000
Total Current Assets	72 000	1 000	57 000	21 000
Total Assets	472 000	401 000	457 000	421 000
Total Retained Equity	406 000	355 000	401 000	371 000
Total Equity	436 000	385 000	431 000	401 000
Total Long-Term Debt	0	4 000	0	0
Total Current Debt	36 000	13 000	26 000	20 000
Total Equity and Debt	472 000	401 000	457 000	421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	134 000	0	63 000	50 000
Other Income	0	0	0	0
Revenue	134 000	0	63 000	50 000
Cost of Goods Sold	27 000	2 000	0	1 000
Salary Costs	26 000	26 000	26 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	82 000	47 000	34 000	33 000
Operating Profit	52 000	−47 000	30 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	52 000	−47 000	30 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	400 000	400 000	400 000	400 000
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	0	0	0	0
Total Fixed Assets	400 000	400 000	400 000	400 000
Stock	2 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	1 000	26 000	21 000
Total Current Assets	72 000	1 000	57 000	21 000
Total Assets	472 000	401 000	457 000	421 000
Total Equity	436 000	385 000	431 000	401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	32 000	1 000	17 000	13 000
Dividends	0	0	0	0
Other Current Debt	4 000	12 000	10 000	7 000
Total Current Debt	36 000	13 000	26 000	20 000
Total Equity and Debt	472 000	401 000	457 000	421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,93 %	−12,21 %	6,96 %	4,24 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	38,81 %	-	47,62 %	34 %
Current Ratio	2	0,08	2,19	1,05
Quick Ratio	2,12	0,08	2,19	1,05
Equity Ratio	0,92	0,96	0,94	0,95
Gross Profit Margin	79,85 %	-	100 %	98 %