NOWWELL AS

5750 ODDA

Finances

Share Ownership

Return on Equity

−591,25 %

Current Ratio

3,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 849 000	2 126 000	4 000 000	600 000
Net Income	−26 967 000	−7 938 000	−4 157 000	−891 000
Total Assets	6 266 000	15 911 000	2 592 000	3 988 000
Total Equity	4 561 000	15 243 000	1 493 000	−351 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 849 000	2 126 000	4 000 000	600 000
Expenditure	31 518 000	9 974 000	8 133 000	1 741 000
Operating Profit	−26 668 000	−7 847 000	−4 134 000	−1 142 000
Financial Income	197 000	11 000	3 000	0
Financial Costs	251 000	103 000	26 000	0
Financial Balance	−54 000	−92 000	−23 000	0
Earnings Before Tax	−26 722 000	−7 938 000	−4 157 000	−1 142 000
Tax	245 000	0	0	−251 000
Net Income	−26 967 000	−7 938 000	−4 157 000	−891 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	245 000	245 000	245 000
Total Current Assets	6 230 000	15 666 000	2 347 000	3 743 000
Total Assets	6 266 000	15 911 000	2 592 000	3 988 000
Total Retained Equity	0	−13 075 000	−5 136 000	−979 000
Total Equity	4 561 000	15 243 000	1 493 000	−351 000
Total Long-Term Debt	0	0	400 000	0
Total Current Debt	1 705 000	668 000	699 000	4 339 000
Total Equity and Debt	6 266 000	15 911 000	2 592 000	3 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	99 000	227 000	0	0
Other Income	4 750 000	1 899 000	4 000 000	600 000
Revenue	4 849 000	2 126 000	4 000 000	600 000
Cost of Goods Sold	5 000	996 000	0	0
Salary Costs	3 058 000	1 546 000	614 000	124 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 518 000	9 974 000	8 133 000	1 741 000
Operating Profit	−26 668 000	−7 847 000	−4 134 000	−1 142 000
Financial Income	197 000	11 000	3 000	0
Financial Costs	251 000	103 000	26 000	0
Financial Balance	−54 000	−92 000	−23 000	0
Dividends	0	0	0	0
Net Income	−26 967 000	−7 938 000	−4 157 000	−891 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	245 000	245 000	245 000
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	0	0
Total Fixed Assets	36 000	245 000	245 000	245 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 372 000	13 303 000	124 000	3 093 000
Total Current Assets	6 230 000	15 666 000	2 347 000	3 743 000
Total Assets	6 266 000	15 911 000	2 592 000	3 988 000
Total Equity	4 561 000	15 243 000	1 493 000	−351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	400 000	0
Creditors	710 000	278 000	71 000	1 011 000
Unpaid Taxes	318 000	186 000	152 000	0
Dividends	0	0	0	0
Other Current Debt	677 000	204 000	476 000	3 328 000
Total Current Debt	1 705 000	668 000	699 000	4 339 000
Total Equity and Debt	6 266 000	15 911 000	2 592 000	3 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−591,25 %	−52,08 %	−278,43 %	253,85 %
Debt-to-Equity Ratio	0	0	0,27	−0
Operating Profit Margin	−549,97 %	−369,1 %	−103,35 %	−190,33 %
Current Ratio	3,65	23,45	3,36	0,86
Quick Ratio	3,65	23,45	3,36	0,86
Equity Ratio	0,73	0,96	0,58	−0,09
Gross Profit Margin	99,9 %	53,15 %	100 %	100 %