ZOARING AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−35,3 %

Current Ratio

0,92

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 197 000	9 400 000	8 751 000	10 434 000
Net Income	−526 000	153 000	282 000	4 000
Total Assets	5 631 000	9 196 000	6 111 000	4 116 000
Total Equity	1 490 000	2 016 000	1 864 000	1 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 197 000	9 400 000	8 751 000	10 434 000
Expenditure	7 918 000	9 231 000	8 425 000	10 369 000
Operating Profit	−721 000	169 000	327 000	66 000
Financial Income	156 000	175 000	145 000	4 000
Financial Costs	110 000	147 000	110 000	64 000
Financial Balance	46 000	28 000	35 000	−60 000
Earnings Before Tax	−675 000	197 000	362 000	5 000
Tax	−148 000	44 000	80 000	1 000
Net Income	−526 000	153 000	282 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 654 000	236 000	0	0
Total Current Assets	1 977 000	8 960 000	6 111 000	4 116 000
Total Assets	5 631 000	9 196 000	6 111 000	4 116 000
Total Retained Equity	0	0	0	0
Total Equity	1 490 000	2 016 000	1 864 000	1 582 000
Total Long-Term Debt	2 000 000	3 899 000	1 780 000	0
Total Current Debt	2 141 000	3 281 000	2 467 000	2 534 000
Total Equity and Debt	5 631 000	9 196 000	6 111 000	4 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 197 000	9 400 000	8 751 000	10 434 000
Other Income	0	0	0	0
Revenue	7 197 000	9 400 000	8 751 000	10 434 000
Cost of Goods Sold	1 040 000	2 018 000	1 872 000	2 298 000
Salary Costs	4 819 000	5 281 000	4 474 000	4 504 000
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 918 000	9 231 000	8 425 000	10 369 000
Operating Profit	−721 000	169 000	327 000	66 000
Financial Income	156 000	175 000	145 000	4 000
Financial Costs	110 000	147 000	110 000	64 000
Financial Balance	46 000	28 000	35 000	−60 000
Dividends	0	0	0	0
Net Income	−526 000	153 000	282 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 366 000	236 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	0	0	0
Total Tangible Assets	66 000	0	0	0
Total Fiancial Fixed Assets	2 223 000	0	0	0
Total Fixed Assets	3 654 000	236 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 280 000	3 704 000	1 143 000	401 000
Total Current Assets	1 977 000	8 960 000	6 111 000	4 116 000
Total Assets	5 631 000	9 196 000	6 111 000	4 116 000
Total Equity	1 490 000	2 016 000	1 864 000	1 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	3 899 000	1 780 000	0
Creditors	125 000	657 000	274 000	659 000
Unpaid Taxes	653 000	706 000	880 000	620 000
Dividends	0	0	0	0
Other Current Debt	1 363 000	1 918 000	1 313 000	1 256 000
Total Current Debt	2 141 000	3 281 000	2 467 000	2 534 000
Total Equity and Debt	5 631 000	9 196 000	6 111 000	4 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,3 %	7,59 %	15,13 %	0,25 %
Debt-to-Equity Ratio	1,34	1,93	0,95	0
Operating Profit Margin	−10,02 %	1,8 %	3,74 %	0,63 %
Current Ratio	0,92	2,73	2,48	1,62
Quick Ratio	0,92	2,73	2,48	1,62
Equity Ratio	0,26	0,22	0,31	0,38
Gross Profit Margin	85,55 %	78,53 %	78,61 %	77,98 %