EVOLO TECHNOLOGIES AS

9510 ALTA

Finances

Share Ownership

Return on Equity

−46,52 %

Current Ratio

5,73

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 018 000	1 255 000	730 000	108 000
Net Income	−508 000	49 000	19 000	29 000
Total Assets	2 926 000	802 000	598 000	193 000
Total Equity	1 092 000	600 000	551 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 018 000	1 255 000	730 000	108 000
Expenditure	2 135 000	1 421 000	1 085 000	70 000
Operating Profit	−501 000	64 000	24 000	38 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Earnings Before Tax	−508 000	64 000	24 000	38 000
Tax	0	16 000	5 000	8 000
Net Income	−508 000	49 000	19 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 010 000	527 000	374 000	5 000
Total Current Assets	1 915 000	275 000	225 000	188 000
Total Assets	2 926 000	802 000	598 000	193 000
Total Retained Equity	0	109 000	60 000	41 000
Total Equity	1 092 000	600 000	551 000	182 000
Total Long-Term Debt	1 500 000	0	0	1 000
Total Current Debt	334 000	202 000	47 000	10 000
Total Equity and Debt	2 926 000	802 000	598 000	193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	818 000	454 000	259 000	108 000
Other Income	200 000	802 000	470 000	0
Revenue	1 018 000	1 255 000	730 000	108 000
Cost of Goods Sold	87 000	0	0	0
Salary Costs	1 231 000	897 000	485 000	0
Depreciation	132 000	78 000	11 000	5 000
Impairment	0	0	0	0
Expenditure	2 135 000	1 421 000	1 085 000	70 000
Operating Profit	−501 000	64 000	24 000	38 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Dividends	0	0	0	0
Net Income	−508 000	49 000	19 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 010 000	527 000	374 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 010 000	527 000	374 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 641 000	261 000	159 000	187 000
Total Current Assets	1 915 000	275 000	225 000	188 000
Total Assets	2 926 000	802 000	598 000	193 000
Total Equity	1 092 000	600 000	551 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	0	0	1 000
Creditors	70 000	3 000	1 000	3 000
Unpaid Taxes	40 000	34 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	224 000	149 000	0	0
Total Current Debt	334 000	202 000	47 000	10 000
Total Equity and Debt	2 926 000	802 000	598 000	193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,52 %	8,17 %	3,45 %	15,93 %
Debt-to-Equity Ratio	1,37	0	0	0,01
Operating Profit Margin	−49,21 %	5,1 %	3,29 %	35,19 %
Current Ratio	5,73	1,36	4,79	18,8
Quick Ratio	5,73	1,36	4,79	18,8
Equity Ratio	0,37	0,75	0,92	0,94
Gross Profit Margin	91,45 %	100 %	100 %	100 %