SKYTECH CONTROL AS

0158 OSLO

Finances

Return on Equity

−339,98 %

Current Ratio

1,08

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 660 000	1 002 000	2 410 000	326 000
Net Income	−29 864 000	7 388 000	−6 020 000	−1 609 000
Total Assets	49 381 000	44 504 000	82 054 000	36 509 000
Total Equity	8 784 000	22 811 000	8 096 000	14 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 660 000	1 002 000	2 410 000	326 000
Expenditure	33 853 000	3 766 000	4 098 000	1 617 000
Operating Profit	−16 193 000	−2 764 000	−1 688 000	−1 290 000
Financial Income	7 991 000	12 732 000	99 000	0
Financial Costs	21 662 000	2 580 000	4 430 000	319 000
Financial Balance	−13 671 000	10 152 000	−4 331 000	−319 000
Earnings Before Tax	−29 864 000	7 388 000	−6 020 000	−1 609 000
Tax	0	0	0	0
Net Income	−29 864 000	7 388 000	−6 020 000	−1 609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 932 000	40 163 000	68 780 000	32 796 000
Total Current Assets	31 449 000	4 341 000	13 274 000	3 713 000
Total Assets	49 381 000	44 504 000	82 054 000	36 509 000
Total Retained Equity	−14 681 000	0	0	0
Total Equity	8 784 000	22 811 000	8 096 000	14 115 000
Total Long-Term Debt	11 500 000	0	9 500 000	21 500 000
Total Current Debt	29 097 000	21 693 000	64 458 000	893 000
Total Equity and Debt	49 381 000	44 504 000	82 054 000	36 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 660 000	1 002 000	2 410 000	326 000
Other Income	0	0	0	0
Revenue	17 660 000	1 002 000	2 410 000	326 000
Cost of Goods Sold	904 000	897 000	2 557 000	0
Salary Costs	19 735 000	205 000	496 000	698 000
Depreciation	1 381 000	14 000	14 000	7 000
Impairment	68 000	0	0	0
Expenditure	33 853 000	3 766 000	4 098 000	1 617 000
Operating Profit	−16 193 000	−2 764 000	−1 688 000	−1 290 000
Financial Income	7 991 000	12 732 000	99 000	0
Financial Costs	21 662 000	2 580 000	4 430 000	319 000
Financial Balance	−13 671 000	10 152 000	−4 331 000	−319 000
Dividends	0	14 056 000	0	0
Net Income	−29 864 000	7 388 000	−6 020 000	−1 609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 764 000	1 028 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	7 000	21 000	35 000
Total Tangible Assets	180 000	7 000	21 000	35 000
Total Fiancial Fixed Assets	11 988 000	39 127 000	68 759 000	32 760 000
Total Fixed Assets	17 932 000	40 163 000	68 780 000	32 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 960 000	868 000	961 000	770 000
Total Current Assets	31 449 000	4 341 000	13 274 000	3 713 000
Total Assets	49 381 000	44 504 000	82 054 000	36 509 000
Total Equity	8 784 000	22 811 000	8 096 000	14 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 500 000	0	9 500 000	21 500 000
Creditors	943 000	120 000	160 000	0
Unpaid Taxes	1 880 000	0	19 000	186 000
Dividends	0	14 056 000	0	0
Other Current Debt	14 078 000	21 573 000	10 479 000	707 000
Total Current Debt	29 097 000	21 693 000	64 458 000	893 000
Total Equity and Debt	49 381 000	44 504 000	82 054 000	36 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−339,98 %	32,39 %	−74,36 %	−11,4 %
Debt-to-Equity Ratio	1,31	0	1,17	1,52
Operating Profit Margin	−91,69 %	−275,85 %	−70,04 %	−395,71 %
Current Ratio	1,08	0,2	0,21	4,16
Quick Ratio	1,08	0,2	0,21	4,16
Equity Ratio	0,18	0,51	0,1	0,39
Gross Profit Margin	94,88 %	10,48 %	−6,1 %	100 %