WIND CATCHING SYSTEMS AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−10,3 %

Current Ratio

25,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	0	72 000	0
Net Income	−11 023 000	−5 083 000	−1 118 000	−333 000
Total Assets	110 798 000	28 455 000	9 801 000	2 000
Total Equity	107 034 000	25 361 000	8 060 000	−822 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	0	72 000	0
Expenditure	12 038 000	5 107 000	1 175 000	321 000
Operating Profit	−12 028 000	−5 106 000	−1 103 000	−321 000
Financial Income	1 031 000	35 000	0	0
Financial Costs	25 000	11 000	14 000	12 000
Financial Balance	1 006 000	24 000	−14 000	−12 000
Earnings Before Tax	−11 023 000	−5 083 000	−1 118 000	−333 000
Tax	0	0	0	0
Net Income	−11 023 000	−5 083 000	−1 118 000	−333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 827 000	9 217 000	0	0
Total Current Assets	94 970 000	19 238 000	9 801 000	2 000
Total Assets	110 798 000	28 455 000	9 801 000	2 000
Total Retained Equity	−18 136 000	−7 113 000	−2 030 000	−912 000
Total Equity	107 034 000	25 361 000	8 060 000	−822 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 763 000	3 094 000	1 741 000	824 000
Total Equity and Debt	110 798 000	28 455 000	9 801 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	72 000	0
Other Income	10 000	0	0	0
Revenue	10 000	0	72 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	8 720 000	3 500 000	360 000	0
Depreciation	75 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	12 038 000	5 107 000	1 175 000	321 000
Operating Profit	−12 028 000	−5 106 000	−1 103 000	−321 000
Financial Income	1 031 000	35 000	0	0
Financial Costs	25 000	11 000	14 000	12 000
Financial Balance	1 006 000	24 000	−14 000	−12 000
Dividends	0	0	0	0
Net Income	−11 023 000	−5 083 000	−1 118 000	−333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 079 000	7 657 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	345 000	124 000	0	0
Total Tangible Assets	345 000	124 000	0	0
Total Fiancial Fixed Assets	1 404 000	1 435 000	0	0
Total Fixed Assets	15 827 000	9 217 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 373 000	16 634 000	9 593 000	2 000
Total Current Assets	94 970 000	19 238 000	9 801 000	2 000
Total Assets	110 798 000	28 455 000	9 801 000	2 000
Total Equity	107 034 000	25 361 000	8 060 000	−822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 602 000	1 960 000	598 000	42 000
Unpaid Taxes	487 000	413 000	157 000	−11 000
Dividends	0	0	0	0
Other Current Debt	1 674 000	721 000	986 000	793 000
Total Current Debt	3 763 000	3 094 000	1 741 000	824 000
Total Equity and Debt	110 798 000	28 455 000	9 801 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,3 %	−20,04 %	−13,87 %	40,51 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−120 280 %	-	−1 531,94 %	-
Current Ratio	25,24	6,22	5,63	0
Quick Ratio	25,24	6,22	5,63	0
Equity Ratio	0,97	0,89	0,82	−411
Gross Profit Margin	100 %	-	100 %	-