TESTHUB TECHNOLOGIES AS

0177 OSLO

Finances

Return on Equity

−99,23 %

Current Ratio

5,18

Debt-to-Equity Ratio

3,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 179 000	370 000	74 000	0
Net Income	−259 000	−388 000	−714 000	−74 000
Total Assets	1 563 000	539 000	778 000	121 000
Total Equity	261 000	410 000	712 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 179 000	370 000	74 000	0
Expenditure	1 446 000	758 000	788 000	74 000
Operating Profit	−268 000	−388 000	−713 000	−74 000
Financial Income	9 000	3 000	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	8 000	0	−1 000	0
Earnings Before Tax	−259 000	−388 000	−714 000	−74 000
Tax	0	0	0	0
Net Income	−259 000	−388 000	−714 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	1 000	0	0
Total Current Assets	1 544 000	538 000	778 000	121 000
Total Assets	1 563 000	539 000	778 000	121 000
Total Retained Equity	−1 435 000	−1 176 000	−788 000	−74 000
Total Equity	261 000	410 000	712 000	108 000
Total Long-Term Debt	1 004 000	6 000	3 000	4 000
Total Current Debt	298 000	123 000	63 000	9 000
Total Equity and Debt	1 563 000	539 000	778 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 179 000	370 000	74 000	0
Other Income	0	0	0	0
Revenue	1 179 000	370 000	74 000	0
Cost of Goods Sold	203 000	221 000	0	0
Salary Costs	938 000	396 000	256 000	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 446 000	758 000	788 000	74 000
Operating Profit	−268 000	−388 000	−713 000	−74 000
Financial Income	9 000	3 000	0	0
Financial Costs	1 000	3 000	1 000	0
Financial Balance	8 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−259 000	−388 000	−714 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	0	1 000	0	0
Total Fixed Assets	19 000	1 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	609 000	462 000	735 000	121 000
Total Current Assets	1 544 000	538 000	778 000	121 000
Total Assets	1 563 000	539 000	778 000	121 000
Total Equity	261 000	410 000	712 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 004 000	6 000	3 000	4 000
Creditors	1 000	0	2 000	2 000
Unpaid Taxes	191 000	31 000	31 000	0
Dividends	0	0	0	0
Other Current Debt	106 000	92 000	30 000	7 000
Total Current Debt	298 000	123 000	63 000	9 000
Total Equity and Debt	1 563 000	539 000	778 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,23 %	−94,63 %	−100,28 %	−68,52 %
Debt-to-Equity Ratio	3,85	0,01	0	0,04
Operating Profit Margin	−22,73 %	−104,86 %	−963,51 %	-
Current Ratio	5,18	4,37	12,35	13,44
Quick Ratio	5,18	4,37	12,35	13,44
Equity Ratio	0,17	0,76	0,92	0,89
Gross Profit Margin	82,78 %	40,27 %	100 %	-