EVOLTEC AS

5357 FJELL

Finances

Return on Equity

85,17 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−2 813 000	−63 000	−440 000	−16 000
Total Assets	1 138 000	4 641 000	2 553 000	1 107 000
Total Equity	−3 303 000	−490 000	−427 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 863 000	63 000	429 000	64 000
Operating Profit	−1 863 000	−63 000	−430 000	−64 000
Financial Income	0	0	0	50 000
Financial Costs	950 000	0	10 000	1 000
Financial Balance	−950 000	0	−10 000	49 000
Earnings Before Tax	−2 813 000	−63 000	−440 000	−16 000
Tax	0	0	0	0
Net Income	−2 813 000	−63 000	−440 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 086 000	4 559 000	2 464 000	646 000
Total Current Assets	52 000	82 000	89 000	461 000
Total Assets	1 138 000	4 641 000	2 553 000	1 107 000
Total Retained Equity	−3 397 000	−585 000	−522 000	−82 000
Total Equity	−3 303 000	−490 000	−427 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 441 000	5 131 000	2 980 000	1 095 000
Total Equity and Debt	1 138 000	4 641 000	2 553 000	1 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	4 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 863 000	63 000	429 000	64 000
Operating Profit	−1 863 000	−63 000	−430 000	−64 000
Financial Income	0	0	0	50 000
Financial Costs	950 000	0	10 000	1 000
Financial Balance	−950 000	0	−10 000	49 000
Dividends	0	0	0	0
Net Income	−2 813 000	−63 000	−440 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 009 000	1 009 000	646 000	646 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	14 000	18 000	0
Total Tangible Assets	10 000	14 000	18 000	0
Total Fiancial Fixed Assets	66 000	3 535 000	1 800 000	0
Total Fixed Assets	1 086 000	4 559 000	2 464 000	646 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	81 000	87 000	427 000
Total Current Assets	52 000	82 000	89 000	461 000
Total Assets	1 138 000	4 641 000	2 553 000	1 107 000
Total Equity	−3 303 000	−490 000	−427 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	16 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 440 000	5 115 000	2 976 000	1 095 000
Total Current Debt	4 441 000	5 131 000	2 980 000	1 095 000
Total Equity and Debt	1 138 000	4 641 000	2 553 000	1 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,17 %	12,86 %	103,04 %	−133,33 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,02	0,03	0,42
Quick Ratio	0,01	0,02	0,03	0,42
Equity Ratio	−2,9	−0,11	−0,17	0,01
Gross Profit Margin	-	-	-	-