NORSE BIO AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

310 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	18 000	127 000	80 000
Net Income	−31 000	1 000	3 000	−7 000
Total Assets	16 000	21 000	21 000	29 000
Total Equity	−10 000	21 000	20 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	18 000	127 000	80 000
Expenditure	21 000	18 000	120 000	79 000
Operating Profit	−20 000	0	6 000	1 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	2 000	8 000
Financial Balance	−5 000	0	−2 000	−8 000
Earnings Before Tax	−25 000	0	4 000	−7 000
Tax	6 000	−1 000	1 000	1 000
Net Income	−31 000	1 000	3 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	16 000	21 000	21 000	29 000
Total Assets	16 000	21 000	21 000	29 000
Total Retained Equity	−31 000	0	−1 000	−5 000
Total Equity	−10 000	21 000	20 000	16 000
Total Long-Term Debt	0	0	−4 000	0
Total Current Debt	26 000	0	6 000	13 000
Total Equity and Debt	16 000	21 000	21 000	29 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	18 000	127 000	80 000
Other Income	0	0	0	0
Revenue	1 000	18 000	127 000	80 000
Cost of Goods Sold	0	0	111 000	43 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	18 000	120 000	79 000
Operating Profit	−20 000	0	6 000	1 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	2 000	8 000
Financial Balance	−5 000	0	−2 000	−8 000
Dividends	0	0	0	0
Net Income	−31 000	1 000	3 000	−7 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	10 000	10 000	19 000
Total Investments	0	0	0	0
Cash, Bank	16 000	7 000	12 000	−15 000
Total Current Assets	16 000	21 000	21 000	29 000
Total Assets	16 000	21 000	21 000	29 000
Total Equity	−10 000	21 000	20 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−4 000	0
Creditors	4 000	10 000	−4 000	4 000
Unpaid Taxes	−3 000	−2 000	5 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	8 000
Total Current Debt	26 000	0	6 000	13 000
Total Equity and Debt	16 000	21 000	21 000	29 000

Financial indicators	2022	2021	2020	2019
Return on Equity	310 %	4,76 %	15 %	−43,75 %
Debt-to-Equity Ratio	−0	0	−0,2	0
Operating Profit Margin	−2 000 %	0 %	4,72 %	1,25 %
Current Ratio	0,62	-	3,5	2,23
Quick Ratio	0,62	−2,1	−5,25	−4,83
Equity Ratio	−0,63	1	0,95	0,55
Gross Profit Margin	100 %	100 %	12,6 %	46,25 %