EXCELERITY INNOVATION AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

56,52 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	11 000	0	11 000
Net Income	26 000	7 000	−20 000	−1 000
Total Assets	80 000	27 000	20 000	35 000
Total Equity	46 000	20 000	13 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	11 000	0	11 000
Expenditure	29 000	4 000	20 000	7 000
Operating Profit	30 000	7 000	−20 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Earnings Before Tax	30 000	7 000	−20 000	−1 000
Tax	4 000	0	0	0
Net Income	26 000	7 000	−20 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	80 000	27 000	20 000	35 000
Total Assets	80 000	27 000	20 000	35 000
Total Retained Equity	16 000	−10 000	−17 000	3 000
Total Equity	46 000	20 000	13 000	33 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	6 000	7 000	2 000
Total Equity and Debt	80 000	27 000	20 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 000	11 000	0	11 000
Other Income	0	0	0	0
Revenue	59 000	11 000	0	11 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 000	4 000	20 000	7 000
Operating Profit	30 000	7 000	−20 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Dividends	0	0	0	0
Net Income	26 000	7 000	−20 000	−1 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	27 000	20 000	35 000
Total Current Assets	80 000	27 000	20 000	35 000
Total Assets	80 000	27 000	20 000	35 000
Total Equity	46 000	20 000	13 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	6 000	7 000	2 000
Total Current Debt	34 000	6 000	7 000	2 000
Total Equity and Debt	80 000	27 000	20 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,52 %	35 %	−153,85 %	−3,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,85 %	63,64 %	-	36,36 %
Current Ratio	2,35	4,5	2,86	17,5
Quick Ratio	2,35	4,5	2,86	17,5
Equity Ratio	0,58	0,74	0,65	0,94
Gross Profit Margin	100 %	100 %	-	100 %