ZIOT SOLUTIONS AS

3182 HORTEN

Finances

Return on Equity

−181,53 %

Current Ratio

0,43

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020
Revenue	4 311 000	4 153 000	2 767 000
Net Income	−19 756 000	−7 150 000	−3 513 000
Total Assets	29 216 000	28 541 000	16 380 000
Total Equity	10 883 000	14 234 000	5 787 000

Income (NOK)	2022	2021	2020
Revenue	4 311 000	4 153 000	2 767 000
Expenditure	23 533 000	14 108 000	6 230 000
Operating Profit	−19 222 000	−9 955 000	−3 464 000
Financial Income	18 000	15 000	3 000
Financial Costs	552 000	174 000	52 000
Financial Balance	−534 000	−159 000	−49 000
Earnings Before Tax	−19 756 000	−10 114 000	−3 513 000
Tax	0	−2 964 000	0
Net Income	−19 756 000	−7 150 000	−3 513 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	24 413 000	20 599 000	9 999 000
Total Current Assets	4 803 000	7 942 000	6 382 000
Total Assets	29 216 000	28 541 000	16 380 000
Total Retained Equity	0	−13 154 000	−3 513 000
Total Equity	10 883 000	14 234 000	5 787 000
Total Long-Term Debt	7 274 000	5 720 000	3 822 000
Total Current Debt	11 059 000	8 587 000	6 771 000
Total Equity and Debt	29 216 000	28 541 000	16 380 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 311 000	4 319 000	1 958 000
Other Income	0	−167 000	809 000
Revenue	4 311 000	4 153 000	2 767 000
Cost of Goods Sold	1 718 000	345 000	879 000
Salary Costs	10 604 000	7 382 000	991 000
Depreciation	612 000	467 000	167 000
Impairment	2 871 000	0	0
Expenditure	23 533 000	14 108 000	6 230 000
Operating Profit	−19 222 000	−9 955 000	−3 464 000
Financial Income	18 000	15 000	3 000
Financial Costs	552 000	174 000	52 000
Financial Balance	−534 000	−159 000	−49 000
Dividends	0	0	0
Net Income	−19 756 000	−7 150 000	−3 513 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	23 082 000	18 728 000	9 642 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 331 000	1 871 000	356 000
Total Tangible Assets	1 331 000	1 871 000	356 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	24 413 000	20 599 000	9 999 000
Stock	883 000	1 251 000	0
Total Investments	0	0	0
Cash, Bank	435 000	1 006 000	3 873 000
Total Current Assets	4 803 000	7 942 000	6 382 000
Total Assets	29 216 000	28 541 000	16 380 000
Total Equity	10 883 000	14 234 000	5 787 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 274 000	5 720 000	3 822 000
Creditors	3 953 000	3 532 000	618 000
Unpaid Taxes	688 000	1 375 000	656 000
Dividends	0	0	0
Other Current Debt	6 417 000	3 681 000	5 497 000
Total Current Debt	11 059 000	8 587 000	6 771 000
Total Equity and Debt	29 216 000	28 541 000	16 380 000

Financial indicators	2022	2021	2020
Return on Equity	−181,53 %	−50,23 %	−60,71 %
Debt-to-Equity Ratio	0,67	0,4	0,66
Operating Profit Margin	−445,88 %	−239,71 %	−125,19 %
Current Ratio	0,43	0,92	0,94
Quick Ratio	0,47	1,08	0,94
Equity Ratio	0,37	0,5	0,35
Gross Profit Margin	60,15 %	91,69 %	68,23 %