EDGE INNOVATION OSLO AS

0262 OSLO

Finances

Share Ownership

Return on Equity

−541,67 %

Current Ratio

0,97

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 391 000	94 000	0	0
Net Income	65 000	−70 000	−11 000	−10 000
Total Assets	2 603 000	226 000	46 000	46 000
Total Equity	−12 000	−77 000	−7 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 391 000	94 000	0	0
Expenditure	9 332 000	164 000	11 000	10 000
Operating Profit	59 000	−70 000	−11 000	−10 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	6 000	0	0	0
Earnings Before Tax	65 000	−70 000	−11 000	−10 000
Tax	0	0	0	0
Net Income	65 000	−70 000	−11 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	27 000	0	0
Total Current Assets	2 543 000	199 000	46 000	46 000
Total Assets	2 603 000	226 000	46 000	46 000
Total Retained Equity	−32 000	−97 000	−27 000	−17 000
Total Equity	−12 000	−77 000	−7 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 615 000	304 000	53 000	43 000
Total Equity and Debt	2 603 000	226 000	46 000	46 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 391 000	55 000	0	0
Other Income	0	39 000	0	0
Revenue	9 391 000	94 000	0	0
Cost of Goods Sold	4 714 000	0	0	0
Salary Costs	3 320 000	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	9 332 000	164 000	11 000	10 000
Operating Profit	59 000	−70 000	−11 000	−10 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	6 000	0	0	0
Dividends	0	0	0	0
Net Income	65 000	−70 000	−11 000	−10 000

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	33 000	0	0	0
Total Tangible Assets	33 000	0	0	0
Total Fiancial Fixed Assets	27 000	27 000	0	0
Total Fixed Assets	60 000	27 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 142 000	86 000	34 000	34 000
Total Current Assets	2 543 000	199 000	46 000	46 000
Total Assets	2 603 000	226 000	46 000	46 000
Total Equity	−12 000	−77 000	−7 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 973 000	69 000	0	0
Unpaid Taxes	412 000	8 000	0	0
Dividends	0	0	0	0
Other Current Debt	230 000	227 000	53 000	43 000
Total Current Debt	2 615 000	304 000	53 000	43 000
Total Equity and Debt	2 603 000	226 000	46 000	46 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−541,67 %	90,91 %	157,14 %	−333,33 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	0,63 %	−74,47 %	-	-
Current Ratio	0,97	0,65	0,87	1,07
Quick Ratio	0,97	0,65	0,87	1,07
Equity Ratio	−0	−0,34	−0,15	0,07
Gross Profit Margin	49,8 %	100 %	-	-