LUCIDTECH AS

0469 OSLO

Finances

Return on Equity

174,3 %

Current Ratio

24,82

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 186 000	3 562 000	3 695 000	1 627 000
Net Income	4 035 000	−3 304 000	−2 572 000	−2 505 000
Total Assets	8 071 000	4 466 000	4 310 000	1 648 000
Total Equity	2 315 000	−1 720 000	−916 000	1 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 186 000	3 562 000	3 695 000	1 627 000
Expenditure	1 643 000	7 411 000	6 922 000	5 022 000
Operating Profit	3 543 000	−3 849 000	−3 227 000	−3 396 000
Financial Income	2 000	1 000	6 000	1 000
Financial Costs	274 000	223 000	126 000	0
Financial Balance	−272 000	−222 000	−120 000	1 000
Earnings Before Tax	3 270 000	−4 072 000	−3 346 000	−3 394 000
Tax	−764 000	−768 000	−774 000	−889 000
Net Income	4 035 000	−3 304 000	−2 572 000	−2 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 695 000	0	135 000	0
Total Current Assets	3 376 000	4 466 000	4 175 000	1 648 000
Total Assets	8 071 000	4 466 000	4 310 000	1 648 000
Total Retained Equity	2 275 000	−10 051 000	−6 747 000	−4 174 000
Total Equity	2 315 000	−1 720 000	−916 000	1 657 000
Total Long-Term Debt	5 620 000	5 348 000	5 125 000	0
Total Current Debt	136 000	838 000	101 000	−9 000
Total Equity and Debt	8 071 000	4 466 000	4 310 000	1 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 586 000	2 642 000	2 615 000	1 627 000
Other Income	1 600 000	920 000	1 080 000	0
Revenue	5 186 000	3 562 000	3 695 000	1 627 000
Cost of Goods Sold	0	3 000	0	50 000
Salary Costs	625 000	5 074 000	4 874 000	2 950 000
Depreciation	118 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 643 000	7 411 000	6 922 000	5 022 000
Operating Profit	3 543 000	−3 849 000	−3 227 000	−3 396 000
Financial Income	2 000	1 000	6 000	1 000
Financial Costs	274 000	223 000	126 000	0
Financial Balance	−272 000	−222 000	−120 000	1 000
Dividends	0	0	0	0
Net Income	4 035 000	−3 304 000	−2 572 000	−2 505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 695 000	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	135 000	0
Total Fixed Assets	4 695 000	0	135 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 715 000	2 123 000	3 502 000	1 398 000
Total Current Assets	3 376 000	4 466 000	4 175 000	1 648 000
Total Assets	8 071 000	4 466 000	4 310 000	1 648 000
Total Equity	2 315 000	−1 720 000	−916 000	1 657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 620 000	5 348 000	5 125 000	0
Creditors	74 000	64 000	147 000	2 000
Unpaid Taxes	387 000	298 000	332 000	281 000
Dividends	0	0	0	0
Other Current Debt	440 000	1 244 000	396 000	597 000
Total Current Debt	136 000	838 000	101 000	−9 000
Total Equity and Debt	8 071 000	4 466 000	4 310 000	1 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	174,3 %	192,09 %	280,79 %	−151,18 %
Debt-to-Equity Ratio	2,43	−3,11	−5,59	0
Operating Profit Margin	68,32 %	−108,06 %	−87,33 %	−208,73 %
Current Ratio	24,82	5,33	41,34	−183,11
Quick Ratio	24,82	5,33	41,34	−183,11
Equity Ratio	0,29	−0,39	−0,21	1,01
Gross Profit Margin	100 %	99,92 %	100 %	96,93 %