PELAGIA INNOVATION AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

−128,35 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−25 074 000	−11 948 000	−23 021 000	−21 382 000
Total Assets	57 915 000	34 810 000	43 646 000	38 874 000
Total Equity	19 536 000	14 778 000	11 099 000	8 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	33 655 000	16 358 000	30 337 000	28 268 000
Operating Profit	−33 655 000	−16 358 000	−30 337 000	−28 268 000
Financial Income	167 000	3 000	32 000	37 000
Financial Costs	0	0	0	0
Financial Balance	167 000	3 000	32 000	37 000
Earnings Before Tax	−33 489 000	−16 355 000	−30 305 000	−28 232 000
Tax	−8 414 000	−4 407 000	−7 284 000	−6 849 000
Net Income	−25 074 000	−11 948 000	−23 021 000	−21 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	57 915 000	34 810 000	43 646 000	38 874 000
Total Assets	57 915 000	34 810 000	43 646 000	38 874 000
Total Retained Equity	0	0	0	−39 621 000
Total Equity	19 536 000	14 778 000	11 099 000	8 296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 379 000	20 032 000	32 547 000	30 578 000
Total Equity and Debt	57 915 000	34 810 000	43 646 000	38 874 000

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	33 655 000	16 358 000	30 337 000	28 268 000
Operating Profit	−33 655 000	−16 358 000	−30 337 000	−28 268 000
Financial Income	167 000	3 000	32 000	37 000
Financial Costs	0	0	0	0
Financial Balance	167 000	3 000	32 000	37 000
Dividends	0	0	0	0
Net Income	−25 074 000	−11 948 000	−23 021 000	−21 382 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	57 915 000	34 810 000	43 646 000	38 874 000
Total Assets	57 915 000	34 810 000	43 646 000	38 874 000
Total Equity	19 536 000	14 778 000	11 099 000	8 296 000
Short-Term Group Debt	0	0	0	100 000
Total Long-Term Debt	0	0	0	0
Creditors	37 832 000	19 362 000	31 997 000	30 478 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	547 000	670 000	550 000	0
Total Current Debt	38 379 000	20 032 000	32 547 000	30 578 000
Total Equity and Debt	57 915 000	34 810 000	43 646 000	38 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,35 %	−80,85 %	−207,42 %	−257,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,51	1,74	1,34	1,27
Quick Ratio	1,51	1,74	1,34	1,27
Equity Ratio	0,34	0,42	0,25	0,21
Gross Profit Margin	-	-	-	-