ZTL PAYMENT SOLUTION AS

0164 OSLO

Finances

Return on Equity

−94,28 %

Current Ratio

3,15

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	11 000	0	0
Net Income	−34 796 000	−20 626 000	−18 031 000	−16 604 000
Total Assets	43 171 000	60 908 000	56 543 000	13 529 000
Total Equity	36 907 000	52 708 000	49 203 000	8 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	11 000	0	0
Expenditure	34 702 000	20 372 000	17 862 000	16 605 000
Operating Profit	−34 624 000	−20 361 000	−17 862 000	−16 605 000
Financial Income	148 000	13 000	1 000	2 000
Financial Costs	321 000	278 000	170 000	1 000
Financial Balance	−173 000	−265 000	−169 000	1 000
Earnings Before Tax	−34 796 000	−20 626 000	−18 031 000	−16 604 000
Tax	0	0	0	0
Net Income	−34 796 000	−20 626 000	−18 031 000	−16 604 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 870 000	28 597 000	18 327 000	455 000
Total Current Assets	15 300 000	32 311 000	38 216 000	13 073 000
Total Assets	43 171 000	60 908 000	56 543 000	13 529 000
Total Retained Equity	−92 487 000	−57 691 000	−37 064 000	−19 033 000
Total Equity	36 907 000	52 708 000	49 203 000	8 034 000
Total Long-Term Debt	1 400 000	2 400 000	2 400 000	1 000 000
Total Current Debt	4 864 000	5 800 000	4 941 000	4 495 000
Total Equity and Debt	43 171 000	60 908 000	56 543 000	13 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	11 000	0	0
Other Income	0	0	0	0
Revenue	78 000	11 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	19 471 000	17 664 000	8 076 000	2 895 000
Depreciation	6 336 000	156 000	52 000	10 000
Impairment	0	0	0	0
Expenditure	34 702 000	20 372 000	17 862 000	16 605 000
Operating Profit	−34 624 000	−20 361 000	−17 862 000	−16 605 000
Financial Income	148 000	13 000	1 000	2 000
Financial Costs	321 000	278 000	170 000	1 000
Financial Balance	−173 000	−265 000	−169 000	1 000
Dividends	0	0	0	0
Net Income	−34 796 000	−20 626 000	−18 031 000	−16 604 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 289 000	25 109 000	15 042 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	393 000	425 000	343 000	130 000
Total Tangible Assets	393 000	425 000	343 000	130 000
Total Fiancial Fixed Assets	3 188 000	3 063 000	2 943 000	325 000
Total Fixed Assets	27 870 000	28 597 000	18 327 000	455 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 192 000	26 728 000	33 374 000	1 861 000
Total Current Assets	15 300 000	32 311 000	38 216 000	13 073 000
Total Assets	43 171 000	60 908 000	56 543 000	13 529 000
Total Equity	36 907 000	52 708 000	49 203 000	8 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 400 000	2 400 000	2 400 000	1 000 000
Creditors	1 229 000	2 135 000	1 914 000	3 034 000
Unpaid Taxes	1 149 000	1 734 000	848 000	260 000
Dividends	0	0	0	0
Other Current Debt	2 487 000	1 931 000	2 179 000	1 200 000
Total Current Debt	4 864 000	5 800 000	4 941 000	4 495 000
Total Equity and Debt	43 171 000	60 908 000	56 543 000	13 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,28 %	−39,13 %	−36,65 %	−206,67 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,12
Operating Profit Margin	−44 389,74 %	−185 100 %	-	-
Current Ratio	3,15	5,57	7,73	2,91
Quick Ratio	3,15	5,57	7,73	2,91
Equity Ratio	0,85	0,87	0,87	0,59
Gross Profit Margin	100 %	100 %	-	-