NORQUANT TECHNOLOGY AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−35,5 %

Current Ratio

3,14

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 476 000	5 867 000	50 000	0
Net Income	−1 622 000	−218 000	−2 197 000	−24 000
Total Assets	9 691 000	9 549 000	1 642 000	7 000
Total Equity	4 569 000	6 191 000	−1 591 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 476 000	5 867 000	50 000	0
Expenditure	5 070 000	6 065 000	2 235 000	24 000
Operating Profit	−1 595 000	−197 000	−2 184 000	−24 000
Financial Income	7 000	2 000	0	0
Financial Costs	34 000	23 000	13 000	0
Financial Balance	−27 000	−21 000	−13 000	0
Earnings Before Tax	−1 622 000	−218 000	−2 197 000	−24 000
Tax	0	0	0	0
Net Income	−1 622 000	−218 000	−2 197 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 085 000	0	0	0
Total Current Assets	7 606 000	9 549 000	1 642 000	7 000
Total Assets	9 691 000	9 549 000	1 642 000	7 000
Total Retained Equity	−4 061 000	−2 439 000	−2 221 000	−24 000
Total Equity	4 569 000	6 191 000	−1 591 000	6 000
Total Long-Term Debt	2 700 000	2 700 000	2 700 000	0
Total Current Debt	2 422 000	657 000	533 000	1 000
Total Equity and Debt	9 691 000	9 549 000	1 642 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	4 701 000	50 000	0
Other Income	3 459 000	1 167 000	0	0
Revenue	3 476 000	5 867 000	50 000	0
Cost of Goods Sold	1 412 000	1 938 000	1 315 000	0
Salary Costs	2 300 000	2 378 000	821 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 070 000	6 065 000	2 235 000	24 000
Operating Profit	−1 595 000	−197 000	−2 184 000	−24 000
Financial Income	7 000	2 000	0	0
Financial Costs	34 000	23 000	13 000	0
Financial Balance	−27 000	−21 000	−13 000	0
Dividends	0	0	0	0
Net Income	−1 622 000	−218 000	−2 197 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 085 000	0	0	0
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	2 085 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 340 000	5 060 000	1 589 000	7 000
Total Current Assets	7 606 000	9 549 000	1 642 000	7 000
Total Assets	9 691 000	9 549 000	1 642 000	7 000
Total Equity	4 569 000	6 191 000	−1 591 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 700 000	2 700 000	2 700 000	0
Creditors	1 659 000	64 000	3 000	1 000
Unpaid Taxes	375 000	257 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	388 000	337 000	502 000	0
Total Current Debt	2 422 000	657 000	533 000	1 000
Total Equity and Debt	9 691 000	9 549 000	1 642 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,5 %	−3,52 %	138,09 %	−400 %
Debt-to-Equity Ratio	0,59	0,44	−1,7	0
Operating Profit Margin	−45,89 %	−3,36 %	−4 368 %	-
Current Ratio	3,14	14,53	3,08	7
Quick Ratio	3,14	14,53	3,08	7
Equity Ratio	0,47	0,65	−0,97	0,86
Gross Profit Margin	59,38 %	66,97 %	−2 530 %	-