SOLWR ROBOTICS AS

6009 ÅLESUND

Finances

Return on Equity

−361,54 %

Current Ratio

0,87

Debt-to-Equity Ratio

12,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 647 000	9 257 000	7 443 000	2 473 000
Net Income	−8 677 000	−3 176 000	−4 036 000	−216 000
Total Assets	38 940 000	29 964 000	19 564 000	15 699 000
Total Equity	2 400 000	1 078 000	−747 000	3 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 647 000	9 257 000	7 443 000	2 473 000
Expenditure	20 606 000	11 887 000	10 994 000	2 527 000
Operating Profit	−7 959 000	−2 631 000	−3 551 000	−53 000
Financial Income	20 000	1 000	19 000	7 000
Financial Costs	738 000	546 000	406 000	231 000
Financial Balance	−718 000	−545 000	−387 000	−224 000
Earnings Before Tax	−8 677 000	−3 176 000	−3 938 000	−277 000
Tax	0	0	97 000	−61 000
Net Income	−8 677 000	−3 176 000	−4 036 000	−216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 409 000	21 161 000	13 486 000	7 207 000
Total Current Assets	5 531 000	8 804 000	6 078 000	8 492 000
Total Assets	38 940 000	29 964 000	19 564 000	15 699 000
Total Retained Equity	−8 677 000	0	−4 391 000	−355 000
Total Equity	2 400 000	1 078 000	−747 000	3 289 000
Total Long-Term Debt	30 150 000	23 650 000	12 950 000	8 950 000
Total Current Debt	6 390 000	5 236 000	7 360 000	3 460 000
Total Equity and Debt	38 940 000	29 964 000	19 564 000	15 699 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 647 000	9 257 000	7 443 000	2 451 000
Other Income	0	0	0	22 000
Revenue	12 647 000	9 257 000	7 443 000	2 473 000
Cost of Goods Sold	599 000	113 000	1 977 000	595 000
Salary Costs	9 356 000	7 046 000	6 325 000	1 030 000
Depreciation	2 963 000	1 244 000	0	0
Impairment	0	0	0	0
Expenditure	20 606 000	11 887 000	10 994 000	2 527 000
Operating Profit	−7 959 000	−2 631 000	−3 551 000	−53 000
Financial Income	20 000	1 000	19 000	7 000
Financial Costs	738 000	546 000	406 000	231 000
Financial Balance	−718 000	−545 000	−387 000	−224 000
Dividends	0	0	0	0
Net Income	−8 677 000	−3 176 000	−4 036 000	−216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 634 000	13 500 000	8 500 000	6 754 000
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	19 775 000	7 660 000	4 986 000	453 000
Total Fixed Assets	33 409 000	21 161 000	13 486 000	7 207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 945 000	1 412 000	451 000	4 441 000
Total Current Assets	5 531 000	8 804 000	6 078 000	8 492 000
Total Assets	38 940 000	29 964 000	19 564 000	15 699 000
Total Equity	2 400 000	1 078 000	−747 000	3 289 000
Short-Term Group Debt	0	30 000	0	0
Total Long-Term Debt	30 150 000	23 650 000	12 950 000	8 950 000
Creditors	3 059 000	2 806 000	990 000	2 475 000
Unpaid Taxes	998 000	986 000	1 559 000	416 000
Dividends	0	0	0	0
Other Current Debt	2 333 000	1 415 000	1 971 000	570 000
Total Current Debt	6 390 000	5 236 000	7 360 000	3 460 000
Total Equity and Debt	38 940 000	29 964 000	19 564 000	15 699 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−361,54 %	−294,62 %	540,29 %	−6,57 %
Debt-to-Equity Ratio	12,56	21,94	−17,34	2,72
Operating Profit Margin	−62,93 %	−28,42 %	−47,71 %	−2,14 %
Current Ratio	0,87	1,68	0,83	2,45
Quick Ratio	0,87	1,68	0,83	2,45
Equity Ratio	0,06	0,04	−0,04	0,21
Gross Profit Margin	95,26 %	98,78 %	73,44 %	75,94 %