NORDIC NEUROTECH AS

0050 OSLO

Finances

Share Ownership

Return on Equity

−91,17 %

Current Ratio

4,76

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 927 000	5 292 000	618 000	163 000
Net Income	−5 061 000	2 085 000	−1 213 000	−37 000
Total Assets	6 527 000	11 444 000	407 000	227 000
Total Equity	5 551 000	10 613 000	−1 220 000	−7 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 927 000	5 292 000	618 000	163 000
Expenditure	6 989 000	2 956 000	1 791 000	199 000
Operating Profit	−5 062 000	2 336 000	−1 173 000	−37 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	5 000	40 000	0
Financial Balance	0	−5 000	−40 000	0
Earnings Before Tax	−5 061 000	2 331 000	−1 213 000	−37 000
Tax	0	246 000	0	0
Net Income	−5 061 000	2 085 000	−1 213 000	−37 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 146 000	1 790 000	332 000	164 000
Total Current Assets	4 380 000	9 654 000	75 000	63 000
Total Assets	6 527 000	11 444 000	407 000	227 000
Total Retained Equity	−4 226 000	835 000	−1 250 000	−37 000
Total Equity	5 551 000	10 613 000	−1 220 000	−7 000
Total Long-Term Debt	55 000	32 000	1 170 000	250 000
Total Current Debt	920 000	800 000	457 000	−16 000
Total Equity and Debt	6 527 000	11 444 000	407 000	227 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	696 000	292 000	160 000	63 000
Other Income	1 231 000	5 000 000	458 000	100 000
Revenue	1 927 000	5 292 000	618 000	163 000
Cost of Goods Sold	0	0	96 000	32 000
Salary Costs	3 629 000	1 680 000	1 019 000	6 000
Depreciation	137 000	96 000	75 000	0
Impairment	0	0	0	0
Expenditure	6 989 000	2 956 000	1 791 000	199 000
Operating Profit	−5 062 000	2 336 000	−1 173 000	−37 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	5 000	40 000	0
Financial Balance	0	−5 000	−40 000	0
Dividends	0	0	0	0
Net Income	−5 061 000	2 085 000	−1 213 000	−37 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	234 000	234 000	164 000	164 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	489 000	133 000	168 000	0
Total Tangible Assets	489 000	133 000	168 000	0
Total Fiancial Fixed Assets	1 423 000	1 423 000	0	0
Total Fixed Assets	2 146 000	1 790 000	332 000	164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 106 000	9 634 000	46 000	63 000
Total Current Assets	4 380 000	9 654 000	75 000	63 000
Total Assets	6 527 000	11 444 000	407 000	227 000
Total Equity	5 551 000	10 613 000	−1 220 000	−7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	32 000	1 170 000	250 000
Creditors	184 000	205 000	268 000	12 000
Unpaid Taxes	393 000	197 000	98 000	0
Dividends	0	0	0	0
Other Current Debt	344 000	152 000	91 000	−28 000
Total Current Debt	920 000	800 000	457 000	−16 000
Total Equity and Debt	6 527 000	11 444 000	407 000	227 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−91,17 %	19,65 %	99,43 %	528,57 %
Debt-to-Equity Ratio	0,01	0	−0,96	−35,71
Operating Profit Margin	−262,69 %	44,14 %	−189,81 %	−22,7 %
Current Ratio	4,76	12,07	0,16	−3,94
Quick Ratio	4,76	12,07	0,16	−3,94
Equity Ratio	0,85	0,93	−3	−0,03
Gross Profit Margin	100 %	100 %	84,47 %	80,37 %