UPWAVE TECHNOLOGIES AS

0484 OSLO

Finances

Share Ownership

Return on Equity

197,75 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 262 000	2 871 000	1 121 000	464 000
Net Income	−7 392 000	−4 991 000	−2 289 000	−566 000
Total Assets	2 957 000	7 527 000	7 054 000	5 330 000
Total Equity	−3 738 000	−5 076 000	−84 000	2 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 262 000	2 871 000	1 121 000	464 000
Expenditure	8 687 000	5 138 000	4 114 000	2 542 000
Operating Profit	−7 424 000	−2 266 000	−2 993 000	−2 078 000
Financial Income	100 000	20 000	12 000	7 000
Financial Costs	69 000	175 000	284 000	88 000
Financial Balance	31 000	−155 000	−272 000	−81 000
Earnings Before Tax	−7 392 000	−2 422 000	−3 266 000	−2 159 000
Tax	0	2 570 000	−976 000	−1 593 000
Net Income	−7 392 000	−4 991 000	−2 289 000	−566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 051 000	3 859 000	5 419 000	4 249 000
Total Current Assets	906 000	3 668 000	1 635 000	1 081 000
Total Assets	2 957 000	7 527 000	7 054 000	5 330 000
Total Retained Equity	−12 561 000	−5 169 000	−177 000	−3 999 000
Total Equity	−3 738 000	−5 076 000	−84 000	2 205 000
Total Long-Term Debt	1 442 000	2 021 000	5 795 000	2 044 000
Total Current Debt	5 253 000	10 581 000	1 343 000	1 081 000
Total Equity and Debt	2 957 000	7 527 000	7 054 000	5 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 014 000	946 000	1 121 000	464 000
Other Income	248 000	1 925 000	0	0
Revenue	1 262 000	2 871 000	1 121 000	464 000
Cost of Goods Sold	35 000	260 000	234 000	176 000
Salary Costs	4 328 000	1 799 000	740 000	483 000
Depreciation	1 842 000	2 072 000	1 647 000	1 068 000
Impairment	0	0	0	0
Expenditure	8 687 000	5 138 000	4 114 000	2 542 000
Operating Profit	−7 424 000	−2 266 000	−2 993 000	−2 078 000
Financial Income	100 000	20 000	12 000	7 000
Financial Costs	69 000	175 000	284 000	88 000
Financial Balance	31 000	−155 000	−272 000	−81 000
Dividends	0	0	0	0
Net Income	−7 392 000	−4 991 000	−2 289 000	−566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 949 000	3 788 000	5 347 000	4 130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	30 000	0	0	0
Fixtures	0	0	0	51 000
Total Tangible Assets	30 000	0	0	51 000
Total Fiancial Fixed Assets	72 000	72 000	72 000	68 000
Total Fixed Assets	2 051 000	3 859 000	5 419 000	4 249 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	718 000	143 000	278 000	118 000
Total Current Assets	906 000	3 668 000	1 635 000	1 081 000
Total Assets	2 957 000	7 527 000	7 054 000	5 330 000
Total Equity	−3 738 000	−5 076 000	−84 000	2 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	2 021 000	5 795 000	2 044 000
Creditors	0	556 000	148 000	184 000
Unpaid Taxes	164 000	198 000	197 000	135 000
Dividends	0	0	0	0
Other Current Debt	1 089 000	1 378 000	998 000	762 000
Total Current Debt	5 253 000	10 581 000	1 343 000	1 081 000
Total Equity and Debt	2 957 000	7 527 000	7 054 000	5 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,75 %	98,33 %	2 725 %	−25,67 %
Debt-to-Equity Ratio	−0,39	−0,4	−68,99	0,93
Operating Profit Margin	−588,27 %	−78,93 %	−266,99 %	−447,84 %
Current Ratio	0,17	0,35	1,22	1
Quick Ratio	0,17	0,35	1,22	1
Equity Ratio	−1,26	−0,67	−0,01	0,41
Gross Profit Margin	97,23 %	90,94 %	79,13 %	62,07 %