NORWEGIAN OCEAN SPACE TECHNOLOGY AS

6060 HAREID

Finances

Share Ownership

Return on Equity

−19,78 %

Current Ratio

3,05

Debt-to-Equity Ratio

4,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 000	105 000	0	0
Net Income	−110 000	−645 000	−50 000	−7 000
Total Assets	3 251 000	3 163 000	3 998 000	24 000
Total Equity	556 000	519 000	493 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 000	105 000	0	0
Expenditure	129 000	749 000	50 000	7 000
Operating Profit	−110 000	−644 000	−50 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−110 000	−645 000	−50 000	−7 000
Tax	0	0	0	0
Net Income	−110 000	−645 000	−50 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 316 000	1 959 000	1 618 000	0
Total Current Assets	935 000	1 205 000	2 380 000	24 000
Total Assets	3 251 000	3 163 000	3 998 000	24 000
Total Retained Equity	−819 000	−709 000	−64 000	−15 000
Total Equity	556 000	519 000	493 000	15 000
Total Long-Term Debt	2 388 000	2 388 000	3 012 000	8 000
Total Current Debt	307 000	257 000	493 000	0
Total Equity and Debt	3 251 000	3 163 000	3 998 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	55 000	0	0
Other Income	0	50 000	0	0
Revenue	19 000	105 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	74 000	142 000	0	0
Depreciation	9 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	129 000	749 000	50 000	7 000
Operating Profit	−110 000	−644 000	−50 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−110 000	−645 000	−50 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 192 000	1 926 000	1 595 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	0	0
Total Tangible Assets	0	9 000	0	0
Total Fiancial Fixed Assets	123 000	23 000	23 000	0
Total Fixed Assets	2 316 000	1 959 000	1 618 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	431 000	1 703 000	0
Total Current Assets	935 000	1 205 000	2 380 000	24 000
Total Assets	3 251 000	3 163 000	3 998 000	24 000
Total Equity	556 000	519 000	493 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 388 000	2 388 000	3 012 000	8 000
Creditors	74 000	54 000	108 000	0
Unpaid Taxes	2 000	0	16 000	0
Dividends	0	0	0	0
Other Current Debt	231 000	203 000	220 000	0
Total Current Debt	307 000	257 000	493 000	0
Total Equity and Debt	3 251 000	3 163 000	3 998 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,78 %	−124,28 %	−10,14 %	−46,67 %
Debt-to-Equity Ratio	4,29	4,6	6,11	0,53
Operating Profit Margin	−578,95 %	−613,33 %	-	-
Current Ratio	3,05	4,69	4,83	-
Quick Ratio	3,05	4,69	4,83	-
Equity Ratio	0,17	0,16	0,12	0,63
Gross Profit Margin	100 %	100 %	-	-