XTEND TECHNOLOGY AS

4033 STAVANGER

Finances

Return on Equity

51,22 %

Current Ratio

1,58

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	875 000	659 000	53 000
Net Income	−2 179 000	−2 591 000	−1 821 000	−948 000
Total Assets	618 000	1 191 000	1 949 000	849 000
Total Equity	−4 254 000	−2 075 000	−1 276 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	875 000	659 000	53 000
Expenditure	2 291 000	3 283 000	2 451 000	1 001 000
Operating Profit	−2 173 000	−2 407 000	−1 792 000	−948 000
Financial Income	4 000	4 000	2 000	0
Financial Costs	11 000	188 000	31 000	0
Financial Balance	−7 000	−184 000	−29 000	0
Earnings Before Tax	−2 179 000	−2 591 000	−1 821 000	−948 000
Tax	0	0	0	0
Net Income	−2 179 000	−2 591 000	−1 821 000	−948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	150 000	150 000
Total Current Assets	618 000	1 191 000	1 799 000	699 000
Total Assets	618 000	1 191 000	1 949 000	849 000
Total Retained Equity	−7 576 000	−5 397 000	−2 806 000	−985 000
Total Equity	−4 254 000	−2 075 000	−1 276 000	545 000
Total Long-Term Debt	4 481 000	2 481 000	2 400 000	0
Total Current Debt	392 000	785 000	825 000	304 000
Total Equity and Debt	618 000	1 191 000	1 949 000	849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 000	875 000	659 000	53 000
Other Income	0	0	0	0
Revenue	118 000	875 000	659 000	53 000
Cost of Goods Sold	1 514 000	2 258 000	1 907 000	860 000
Salary Costs	0	0	0	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 291 000	3 283 000	2 451 000	1 001 000
Operating Profit	−2 173 000	−2 407 000	−1 792 000	−948 000
Financial Income	4 000	4 000	2 000	0
Financial Costs	11 000	188 000	31 000	0
Financial Balance	−7 000	−184 000	−29 000	0
Dividends	0	0	0	0
Net Income	−2 179 000	−2 591 000	−1 821 000	−948 000

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	150 000	150 000
Total Fixed Assets	0	0	150 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	462 000	1 645 000	421 000
Total Current Assets	618 000	1 191 000	1 799 000	699 000
Total Assets	618 000	1 191 000	1 949 000	849 000
Total Equity	−4 254 000	−2 075 000	−1 276 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 481 000	2 481 000	2 400 000	0
Creditors	392 000	744 000	327 000	184 000
Unpaid Taxes	0	−36 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	77 000	498 000	120 000
Total Current Debt	392 000	785 000	825 000	304 000
Total Equity and Debt	618 000	1 191 000	1 949 000	849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,22 %	124,87 %	142,71 %	−173,94 %
Debt-to-Equity Ratio	−1,05	−1,2	−1,88	0
Operating Profit Margin	−1 841,53 %	−275,09 %	−271,93 %	−1 788,68 %
Current Ratio	1,58	1,52	2,18	2,3
Quick Ratio	1,58	1,52	2,18	2,3
Equity Ratio	−6,88	−1,74	−0,65	0,64
Gross Profit Margin	−1 183,05 %	−158,06 %	−189,38 %	−1 522,64 %