GODIGITALCHINA AS

0158 OSLO

Finances

Return on Equity

−24,37 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	25 900 000	13 703 000	4 644 000	4 557 000
Net Income	−4 724 000	−4 602 000	−2 667 000	128 000
Total Assets	25 847 000	11 990 000	8 044 000	1 437 000
Total Equity	19 385 000	7 516 000	6 931 000	449 000

Income (NOK)	2021	2020	2019	2018
Revenue	25 900 000	13 703 000	4 644 000	4 557 000
Expenditure	30 817 000	17 633 000	6 670 000	4 393 000
Operating Profit	−4 917 000	−3 930 000	−2 027 000	165 000
Financial Income	100 000	69 000	2 000	0
Financial Costs	131 000	550 000	643 000	3 000
Financial Balance	−31 000	−481 000	−641 000	−3 000
Earnings Before Tax	−4 948 000	−4 411 000	−2 667 000	162 000
Tax	0	190 000	0	35 000
Net Income	−4 724 000	−4 602 000	−2 667 000	128 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 053 000	1 523 000	97 000	50 000
Total Current Assets	21 794 000	10 467 000	7 947 000	1 387 000
Total Assets	25 847 000	11 990 000	8 044 000	1 437 000
Total Retained Equity	−11 746 000	−7 022 000	−2 318 000	349 000
Total Equity	19 385 000	7 516 000	6 931 000	449 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 461 000	4 474 000	1 112 000	988 000
Total Equity and Debt	25 847 000	11 990 000	8 044 000	1 437 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	24 336 000	12 703 000	4 787 000	4 557 000
Other Income	1 564 000	1 000 000	−143 000	0
Revenue	25 900 000	13 703 000	4 644 000	4 557 000
Cost of Goods Sold	17 453 000	11 304 000	0	1 509 000
Salary Costs	5 007 000	4 035 000	2 506 000	2 153 000
Depreciation	931 000	357 000	0	0
Impairment	0	0	0	0
Expenditure	30 817 000	17 633 000	6 670 000	4 393 000
Operating Profit	−4 917 000	−3 930 000	−2 027 000	165 000
Financial Income	100 000	69 000	2 000	0
Financial Costs	131 000	550 000	643 000	3 000
Financial Balance	−31 000	−481 000	−641 000	−3 000
Dividends	0	0	0	0
Net Income	−4 724 000	−4 602 000	−2 667 000	128 000

Balance details (NOK)	2021	2020	2019	2018
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	3 367 000	1 426 000	0	0
Total Tangible Assets	3 367 000	1 426 000	0	0
Total Fiancial Fixed Assets	686 000	97 000	97 000	50 000
Total Fixed Assets	4 053 000	1 523 000	97 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 820 000	6 495 000	5 538 000	958 000
Total Current Assets	21 794 000	10 467 000	7 947 000	1 387 000
Total Assets	25 847 000	11 990 000	8 044 000	1 437 000
Total Equity	19 385 000	7 516 000	6 931 000	449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 670 000	166 000	110 000	425 000
Unpaid Taxes	560 000	628 000	234 000	185 000
Dividends	0	0	0	0
Other Current Debt	3 231 000	3 680 000	659 000	344 000
Total Current Debt	6 461 000	4 474 000	1 112 000	988 000
Total Equity and Debt	25 847 000	11 990 000	8 044 000	1 437 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−24,37 %	−61,23 %	−38,48 %	28,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,98 %	−28,68 %	−43,65 %	3,62 %
Current Ratio	3,37	2,34	7,15	1,4
Quick Ratio	3,37	2,34	7,15	1,4
Equity Ratio	0,75	0,63	0,86	0,31
Gross Profit Margin	32,61 %	17,51 %	100 %	66,89 %