ZELO AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−410,35 %

Current Ratio

0,45

Debt-to-Equity Ratio

10,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 436 000	1 402 000	1 725 000	801 000
Net Income	−3 053 000	−3 576 000	−2 418 000	−2 453 000
Total Assets	13 084 000	18 541 000	17 061 000	12 053 000
Total Equity	744 000	3 796 000	6 557 000	3 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 436 000	1 402 000	1 725 000	801 000
Expenditure	5 484 000	6 058 000	5 045 000	4 054 000
Operating Profit	−4 048 000	−4 656 000	−3 321 000	−3 253 000
Financial Income	3 000	86 000	19 000	3 000
Financial Costs	201 000	305 000	195 000	73 000
Financial Balance	−198 000	−219 000	−176 000	−70 000
Earnings Before Tax	−4 246 000	−4 874 000	−3 497 000	−3 323 000
Tax	−1 193 000	−1 299 000	−1 079 000	−869 000
Net Income	−3 053 000	−3 576 000	−2 418 000	−2 453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 059 000	9 660 000	9 321 000	6 198 000
Total Current Assets	2 026 000	8 882 000	7 740 000	5 855 000
Total Assets	13 084 000	18 541 000	17 061 000	12 053 000
Total Retained Equity	0	0	0	−2 453 000
Total Equity	744 000	3 796 000	6 557 000	3 528 000
Total Long-Term Debt	7 861 000	2 773 000	2 773 000	623 000
Total Current Debt	4 480 000	11 972 000	7 731 000	7 903 000
Total Equity and Debt	13 084 000	18 541 000	17 061 000	12 053 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 436 000	1 402 000	1 725 000	769 000
Other Income	0	0	0	32 000
Revenue	1 436 000	1 402 000	1 725 000	801 000
Cost of Goods Sold	0	0	0	0
Salary Costs	86 000	174 000	391 000	240 000
Depreciation	4 670 000	5 018 000	3 834 000	2 214 000
Impairment	0	0	0	0
Expenditure	5 484 000	6 058 000	5 045 000	4 054 000
Operating Profit	−4 048 000	−4 656 000	−3 321 000	−3 253 000
Financial Income	3 000	86 000	19 000	3 000
Financial Costs	201 000	305 000	195 000	73 000
Financial Balance	−198 000	−219 000	−176 000	−70 000
Dividends	0	0	0	0
Net Income	−3 053 000	−3 576 000	−2 418 000	−2 453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 059 000	9 660 000	9 321 000	6 198 000
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	11 059 000	9 660 000	9 321 000	6 198 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	366 000	160 000	127 000
Total Current Assets	2 026 000	8 882 000	7 740 000	5 855 000
Total Assets	13 084 000	18 541 000	17 061 000	12 053 000
Total Equity	744 000	3 796 000	6 557 000	3 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 861 000	2 773 000	2 773 000	623 000
Creditors	158 000	184 000	2 200 000	1 990 000
Unpaid Taxes	105 000	134 000	65 000	174 000
Dividends	0	0	0	0
Other Current Debt	576 000	11 605 000	4 414 000	5 739 000
Total Current Debt	4 480 000	11 972 000	7 731 000	7 903 000
Total Equity and Debt	13 084 000	18 541 000	17 061 000	12 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−410,35 %	−94,2 %	−36,88 %	−69,53 %
Debt-to-Equity Ratio	10,57	0,73	0,42	0,18
Operating Profit Margin	−281,89 %	−332,1 %	−192,52 %	−406,12 %
Current Ratio	0,45	0,74	1	0,74
Quick Ratio	0,45	0,74	1	0,74
Equity Ratio	0,06	0,2	0,38	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %