EMPOWER AS

0191 OSLO

Finances

Return on Equity

−83,81 %

Current Ratio

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 835 000	4 060 000	8 706 000	2 333 000
Net Income	−6 445 000	−4 303 000	−492 000	−1 287 000
Total Assets	11 628 000	10 348 000	7 154 000	1 215 000
Total Equity	7 690 000	8 322 000	3 576 000	−755 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 835 000	4 060 000	8 706 000	2 333 000
Expenditure	11 186 000	8 375 000	9 168 000	3 619 000
Operating Profit	−6 352 000	−4 315 000	−462 000	−1 285 000
Financial Income	166 000	49 000	11 000	0
Financial Costs	259 000	36 000	41 000	2 000
Financial Balance	−93 000	13 000	−30 000	−2 000
Earnings Before Tax	−6 445 000	−4 303 000	−492 000	−1 287 000
Tax	0	0	0	0
Net Income	−6 445 000	−4 303 000	−492 000	−1 287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 752 000	4 003 000	23 000	0
Total Current Assets	4 876 000	6 345 000	7 131 000	1 215 000
Total Assets	11 628 000	10 348 000	7 154 000	1 215 000
Total Retained Equity	0	0	−2 655 000	−1 235 000
Total Equity	7 690 000	8 322 000	3 576 000	−755 000
Total Long-Term Debt	1 500 000	0	0	1 055 000
Total Current Debt	2 438 000	2 026 000	3 578 000	915 000
Total Equity and Debt	11 628 000	10 348 000	7 154 000	1 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 034 000	800 000	1 427 000	332 000
Other Income	3 801 000	3 261 000	7 279 000	2 002 000
Revenue	4 835 000	4 060 000	8 706 000	2 333 000
Cost of Goods Sold	1 077 000	1 840 000	645 000	629 000
Salary Costs	5 678 000	4 811 000	5 662 000	2 310 000
Depreciation	19 000	19 000	0	0
Impairment	0	0	0	0
Expenditure	11 186 000	8 375 000	9 168 000	3 619 000
Operating Profit	−6 352 000	−4 315 000	−462 000	−1 285 000
Financial Income	166 000	49 000	11 000	0
Financial Costs	259 000	36 000	41 000	2 000
Financial Balance	−93 000	13 000	−30 000	−2 000
Dividends	0	0	0	0
Net Income	−6 445 000	−4 303 000	−492 000	−1 287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 651 000	3 903 000	23 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	0	0	0
Total Tangible Assets	1 000	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	6 752 000	4 003 000	23 000	0
Stock	0	0	0	0
Total Investments	62 000	0	0	0
Cash, Bank	834 000	4 442 000	3 287 000	698 000
Total Current Assets	4 876 000	6 345 000	7 131 000	1 215 000
Total Assets	11 628 000	10 348 000	7 154 000	1 215 000
Total Equity	7 690 000	8 322 000	3 576 000	−755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	0	0	1 055 000
Creditors	721 000	446 000	46 000	152 000
Unpaid Taxes	691 000	812 000	457 000	302 000
Dividends	0	0	0	0
Other Current Debt	1 026 000	769 000	3 076 000	461 000
Total Current Debt	2 438 000	2 026 000	3 578 000	915 000
Total Equity and Debt	11 628 000	10 348 000	7 154 000	1 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,81 %	−51,71 %	−13,76 %	170,46 %
Debt-to-Equity Ratio	0,2	0	0	−1,4
Operating Profit Margin	−131,38 %	−106,28 %	−5,31 %	−55,08 %
Current Ratio	2	3,13	1,99	1,33
Quick Ratio	2	3,13	1,99	1,33
Equity Ratio	0,66	0,8	0,5	−0,62
Gross Profit Margin	77,72 %	54,68 %	92,59 %	73,04 %