EQON AS

4007 STAVANGER

Finances

Return on Equity

158,59 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	41 000	27 000	2 352 000
Net Income	−4 523 000	−2 482 000	−823 000	−1 606 000
Total Assets	22 187 000	9 935 000	6 638 000	3 598 000
Total Equity	−2 852 000	463 000	2 945 000	2 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	41 000	27 000	2 352 000
Expenditure	4 139 000	2 348 000	805 000	3 889 000
Operating Profit	−4 064 000	−2 307 000	−777 000	−1 537 000
Financial Income	5 000	0	5 000	2 000
Financial Costs	464 000	174 000	51 000	71 000
Financial Balance	−459 000	−174 000	−46 000	−69 000
Earnings Before Tax	−4 523 000	−2 482 000	−823 000	−1 606 000
Tax	0	0	0	0
Net Income	−4 523 000	−2 482 000	−823 000	−1 606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 792 000	7 424 000	5 278 000	2 706 000
Total Current Assets	3 395 000	2 512 000	1 361 000	891 000
Total Assets	22 187 000	9 935 000	6 638 000	3 598 000
Total Retained Equity	−9 258 000	−4 735 000	−2 253 000	−1 431 000
Total Equity	−2 852 000	463 000	2 945 000	2 567 000
Total Long-Term Debt	2 400 000	2 400 000	2 400 000	0
Total Current Debt	22 639 000	7 072 000	1 293 000	1 030 000
Total Equity and Debt	22 187 000	9 935 000	6 638 000	3 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	41 000	27 000	2 352 000
Other Income	0	0	0	0
Revenue	75 000	41 000	27 000	2 352 000
Cost of Goods Sold	390 000	28 000	20 000	1 143 000
Salary Costs	2 598 000	616 000	108 000	1 784 000
Depreciation	16 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	4 139 000	2 348 000	805 000	3 889 000
Operating Profit	−4 064 000	−2 307 000	−777 000	−1 537 000
Financial Income	5 000	0	5 000	2 000
Financial Costs	464 000	174 000	51 000	71 000
Financial Balance	−459 000	−174 000	−46 000	−69 000
Dividends	0	0	0	0
Net Income	−4 523 000	−2 482 000	−823 000	−1 606 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 721 000	7 391 000	5 263 000	2 691 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	18 000	0	0
Total Tangible Assets	61 000	18 000	0	0
Total Fiancial Fixed Assets	10 000	15 000	15 000	15 000
Total Fixed Assets	18 792 000	7 424 000	5 278 000	2 706 000
Stock	562 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	444 000	244 000	133 000	159 000
Total Current Assets	3 395 000	2 512 000	1 361 000	891 000
Total Assets	22 187 000	9 935 000	6 638 000	3 598 000
Total Equity	−2 852 000	463 000	2 945 000	2 567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	2 400 000	0
Creditors	2 589 000	802 000	389 000	120 000
Unpaid Taxes	740 000	407 000	238 000	261 000
Dividends	0	0	0	0
Other Current Debt	5 868 000	447 000	307 000	327 000
Total Current Debt	22 639 000	7 072 000	1 293 000	1 030 000
Total Equity and Debt	22 187 000	9 935 000	6 638 000	3 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,59 %	−536,07 %	−27,95 %	−62,56 %
Debt-to-Equity Ratio	−0,84	5,18	0,81	0
Operating Profit Margin	−5 418,67 %	−5 626,83 %	−2 877,78 %	−65,35 %
Current Ratio	0,15	0,36	1,05	0,87
Quick Ratio	0,15	0,36	1,05	0,87
Equity Ratio	−0,13	0,05	0,44	0,71
Gross Profit Margin	−420 %	31,71 %	25,93 %	51,4 %