GREENTECH INNOVATORS AS

5258 BLOMSTERDALEN

Finances

Return on Equity

−198,41 %

Current Ratio

0,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	249 000	2 191 000	1 280 000	0
Net Income	−3 111 000	−1 511 000	−1 205 000	−334 000
Total Assets	3 253 000	5 745 000	4 412 000	2 671 000
Total Equity	1 568 000	4 679 000	3 267 000	1 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	249 000	2 191 000	1 280 000	0
Expenditure	3 357 000	3 710 000	2 486 000	334 000
Operating Profit	−3 109 000	−1 520 000	−1 206 000	−334 000
Financial Income	7 000	12 000	5 000	0
Financial Costs	10 000	3 000	4 000	0
Financial Balance	−3 000	9 000	1 000	0
Earnings Before Tax	−3 111 000	−1 511 000	−1 205 000	−334 000
Tax	0	0	0	0
Net Income	−3 111 000	−1 511 000	−1 205 000	−334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 809 000	2 864 000	2 095 000	1 115 000
Total Current Assets	444 000	2 881 000	2 316 000	1 557 000
Total Assets	3 253 000	5 745 000	4 412 000	2 671 000
Total Retained Equity	−6 354 000	−3 243 000	−1 731 000	−527 000
Total Equity	1 568 000	4 679 000	3 267 000	1 463 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 686 000	1 066 000	1 145 000	1 209 000
Total Equity and Debt	3 253 000	5 745 000	4 412 000	2 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	249 000	2 191 000	1 280 000	0
Other Income	0	0	0	0
Revenue	249 000	2 191 000	1 280 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 197 000	1 477 000	624 000	0
Depreciation	17 000	17 000	15 000	0
Impairment	0	0	0	0
Expenditure	3 357 000	3 710 000	2 486 000	334 000
Operating Profit	−3 109 000	−1 520 000	−1 206 000	−334 000
Financial Income	7 000	12 000	5 000	0
Financial Costs	10 000	3 000	4 000	0
Financial Balance	−3 000	9 000	1 000	0
Dividends	0	0	0	0
Net Income	−3 111 000	−1 511 000	−1 205 000	−334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 014 000	936 000	466 000	0
Fixtures	3 000	20 000	38 000	0
Total Tangible Assets	1 017 000	956 000	504 000	0
Total Fiancial Fixed Assets	1 792 000	1 908 000	1 592 000	1 115 000
Total Fixed Assets	2 809 000	2 864 000	2 095 000	1 115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	757 000	1 765 000	1 448 000
Total Current Assets	444 000	2 881 000	2 316 000	1 557 000
Total Assets	3 253 000	5 745 000	4 412 000	2 671 000
Total Equity	1 568 000	4 679 000	3 267 000	1 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	273 000	305 000	174 000	260 000
Unpaid Taxes	40 000	81 000	64 000	0
Dividends	0	0	0	0
Other Current Debt	158 000	679 000	907 000	948 000
Total Current Debt	1 686 000	1 066 000	1 145 000	1 209 000
Total Equity and Debt	3 253 000	5 745 000	4 412 000	2 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−198,41 %	−32,29 %	−36,88 %	−22,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 248,59 %	−69,37 %	−94,22 %	-
Current Ratio	0,26	2,7	2,02	1,29
Quick Ratio	0,26	2,7	2,02	1,29
Equity Ratio	0,48	0,81	0,74	0,55
Gross Profit Margin	100 %	100 %	100 %	-