DISRUPTIVE INNOVATION AS

5590 ETNE

Finances

Return on Equity

−1,01 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−127 000	5 476 000	392 000	15 996 000
Total Assets	19 685 000	21 248 000	8 566 000	10 559 000
Total Equity	12 550 000	12 577 000	8 551 000	9 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	39 000	16 000	17 000	9 000
Operating Profit	−39 000	−16 000	−17 000	−9 000
Financial Income	257 000	5 852 000	521 000	16 005 000
Financial Costs	345 000	319 000	98 000	0
Financial Balance	−88 000	5 533 000	423 000	16 005 000
Earnings Before Tax	−127 000	5 518 000	407 000	15 996 000
Tax	0	42 000	15 000	0
Net Income	−127 000	5 476 000	392 000	15 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 956 000	7 450 000	3 446 000	3 035 000
Total Current Assets	9 729 000	13 799 000	5 120 000	7 524 000
Total Assets	19 685 000	21 248 000	8 566 000	10 559 000
Total Retained Equity	12 420 000	12 547 000	8 521 000	9 129 000
Total Equity	12 550 000	12 577 000	8 551 000	9 159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 135 000	8 671 000	15 000	1 400 000
Total Equity and Debt	19 685 000	21 248 000	8 566 000	10 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 000	16 000	17 000	9 000
Operating Profit	−39 000	−16 000	−17 000	−9 000
Financial Income	257 000	5 852 000	521 000	16 005 000
Financial Costs	345 000	319 000	98 000	0
Financial Balance	−88 000	5 533 000	423 000	16 005 000
Dividends	0	0	0	1 400 000
Net Income	−127 000	5 476 000	392 000	15 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	411 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	411 000	0
Total Fiancial Fixed Assets	9 956 000	7 450 000	3 035 000	3 035 000
Total Fixed Assets	9 956 000	7 450 000	3 446 000	3 035 000
Stock	0	0	0	0
Total Investments	9 585 000	13 729 000	4 163 000	5 044 000
Cash, Bank	144 000	69 000	957 000	2 480 000
Total Current Assets	9 729 000	13 799 000	5 120 000	7 524 000
Total Assets	19 685 000	21 248 000	8 566 000	10 559 000
Total Equity	12 550 000	12 577 000	8 551 000	9 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	1 400 000
Other Current Debt	7 130 000	8 630 000	0	0
Total Current Debt	7 135 000	8 671 000	15 000	1 400 000
Total Equity and Debt	19 685 000	21 248 000	8 566 000	10 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,01 %	43,54 %	4,58 %	174,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,36	1,59	341,33	5,37
Quick Ratio	1,36	1,59	341,33	5,37
Equity Ratio	0,64	0,59	1	0,87
Gross Profit Margin	-	-	-	-