NORDOVO BIOSCIENCES AS

0585 OSLO

Finances

Share Ownership

Return on Equity

−35,37 %

Current Ratio

4,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 477 000	20 000	300 000	0
Net Income	−4 198 000	−4 095 000	−15 000	−14 000
Total Assets	15 576 000	7 839 000	3 250 000	432 000
Total Equity	11 868 000	6 292 000	1 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 477 000	20 000	300 000	0
Expenditure	5 681 000	4 108 000	315 000	12 000
Operating Profit	−4 203 000	−4 088 000	−16 000	−12 000
Financial Income	25 000	5 000	2 000	0
Financial Costs	19 000	12 000	2 000	1 000
Financial Balance	6 000	−7 000	0	−1 000
Earnings Before Tax	−4 198 000	−4 095 000	−15 000	−14 000
Tax	0	0	0	0
Net Income	−4 198 000	−4 095 000	−15 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 216 000	0	2 441 000	369 000
Total Current Assets	14 360 000	7 839 000	809 000	64 000
Total Assets	15 576 000	7 839 000	3 250 000	432 000
Total Retained Equity	−8 321 000	−4 124 000	−29 000	−14 000
Total Equity	11 868 000	6 292 000	1 000	16 000
Total Long-Term Debt	169 000	0	2 043 000	416 000
Total Current Debt	3 540 000	1 547 000	1 206 000	0
Total Equity and Debt	15 576 000	7 839 000	3 250 000	432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 000	20 000	0	0
Other Income	1 441 000	0	300 000	0
Revenue	1 477 000	20 000	300 000	0
Cost of Goods Sold	172 000	186 000	0	0
Salary Costs	4 411 000	366 000	102 000	0
Depreciation	59 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 681 000	4 108 000	315 000	12 000
Operating Profit	−4 203 000	−4 088 000	−16 000	−12 000
Financial Income	25 000	5 000	2 000	0
Financial Costs	19 000	12 000	2 000	1 000
Financial Balance	6 000	−7 000	0	−1 000
Dividends	0	0	0	0
Net Income	−4 198 000	−4 095 000	−15 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 441 000	369 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 024 000	0	0	0
Total Tangible Assets	1 024 000	0	0	0
Total Fiancial Fixed Assets	192 000	0	0	0
Total Fixed Assets	1 216 000	0	2 441 000	369 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 003 000	6 271 000	483 000	64 000
Total Current Assets	14 360 000	7 839 000	809 000	64 000
Total Assets	15 576 000	7 839 000	3 250 000	432 000
Total Equity	11 868 000	6 292 000	1 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	0	2 043 000	416 000
Creditors	1 160 000	967 000	1 052 000	0
Unpaid Taxes	326 000	198 000	85 000	0
Dividends	0	0	0	0
Other Current Debt	2 053 000	381 000	70 000	0
Total Current Debt	3 540 000	1 547 000	1 206 000	0
Total Equity and Debt	15 576 000	7 839 000	3 250 000	432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,37 %	−65,08 %	−1 500 %	−87,5 %
Debt-to-Equity Ratio	0,01	0	2 043	26
Operating Profit Margin	−284,56 %	−20 440 %	−5,33 %	-
Current Ratio	4,06	5,07	0,67	-
Quick Ratio	4,06	5,07	0,67	-
Equity Ratio	0,76	0,8	0	0,04
Gross Profit Margin	88,35 %	−830 %	100 %	-