SEQUOIA UTVIKLING AS

0153 OSLO

Finances

Return on Equity

−41,53 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 028 000	424 000	83 000	78 000
Net Income	−748 000	596 000	−1 424 000	−10 000
Total Assets	3 464 000	3 997 000	1 731 000	975 000
Total Equity	1 801 000	3 383 000	1 314 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 028 000	424 000	83 000	78 000
Expenditure	5 376 000	4 032 000	2 175 000	85 000
Operating Profit	−3 348 000	−3 608 000	−2 091 000	−6 000
Financial Income	2 617 000	4 911 000	210 000	0
Financial Costs	17 000	252 000	0	0
Financial Balance	2 600 000	4 659 000	210 000	0
Earnings Before Tax	−748 000	1 051 000	−1 881 000	−6 000
Tax	0	455 000	−458 000	3 000
Net Income	−748 000	596 000	−1 424 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	90 000	1 187 000	677 000
Total Current Assets	3 009 000	3 907 000	544 000	298 000
Total Assets	3 464 000	3 997 000	1 731 000	975 000
Total Retained Equity	−2 464 000	−842 000	−1 439 000	−10 000
Total Equity	1 801 000	3 383 000	1 314 000	210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 663 000	615 000	417 000	765 000
Total Equity and Debt	3 464 000	3 997 000	1 731 000	975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 028 000	424 000	83 000	78 000
Other Income	0	0	0	0
Revenue	2 028 000	424 000	83 000	78 000
Cost of Goods Sold	155 000	0	12 000	0
Salary Costs	4 502 000	3 152 000	2 003 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 376 000	4 032 000	2 175 000	85 000
Operating Profit	−3 348 000	−3 608 000	−2 091 000	−6 000
Financial Income	2 617 000	4 911 000	210 000	0
Financial Costs	17 000	252 000	0	0
Financial Balance	2 600 000	4 659 000	210 000	0
Dividends	0	0	0	0
Net Income	−748 000	596 000	−1 424 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	455 000	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	455 000	90 000	732 000	677 000
Total Fixed Assets	455 000	90 000	1 187 000	677 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 362 000	2 978 000	393 000	220 000
Total Current Assets	3 009 000	3 907 000	544 000	298 000
Total Assets	3 464 000	3 997 000	1 731 000	975 000
Total Equity	1 801 000	3 383 000	1 314 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	91 000	56 000	6 000	79 000
Unpaid Taxes	524 000	214 000	110 000	0
Dividends	0	0	0	0
Other Current Debt	1 048 000	344 000	300 000	684 000
Total Current Debt	1 663 000	615 000	417 000	765 000
Total Equity and Debt	3 464 000	3 997 000	1 731 000	975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,53 %	17,62 %	−108,37 %	−4,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−165,09 %	−850,94 %	−2 519,28 %	−7,69 %
Current Ratio	1,81	6,35	1,3	0,39
Quick Ratio	1,81	6,35	1,3	0,39
Equity Ratio	0,52	0,85	0,76	0,22
Gross Profit Margin	92,36 %	100 %	85,54 %	100 %