PARALLEL POWER AS

0281 OSLO

Finances

Share Ownership

Return on Equity

634,78 %

Current Ratio

0,92

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	958 000	1 053 000	51 000	0
Net Income	−146 000	−50 000	−321 000	0
Total Assets	278 000	396 000	223 000	494 000
Total Equity	−23 000	123 000	173 000	494 000

Income (NOK)	2022	2021	2020
Revenue	958 000	1 053 000	51 000
Expenditure	1 104 000	1 103 000	372 000
Operating Profit	−146 000	−50 000	−321 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−146 000	−50 000	−321 000
Tax	0	0	0
Net Income	−146 000	−50 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	278 000	396 000	223 000	494 000
Total Assets	278 000	396 000	223 000	494 000
Total Retained Equity	−523 000	−372 000	−321 000	0
Total Equity	−23 000	123 000	173 000	494 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	301 000	273 000	50 000	0
Total Equity and Debt	278 000	396 000	223 000	494 000

Cash flow (NOK)	2022	2021	2020
Sales Income	958 000	1 053 000	51 000
Other Income	0	0	0
Revenue	958 000	1 053 000	51 000
Cost of Goods Sold	38 000	165 000	0
Salary Costs	870 000	767 000	313 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 104 000	1 103 000	372 000
Operating Profit	−146 000	−50 000	−321 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−146 000	−50 000	−321 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	165 000	0
Total Investments	0	0	0	0
Cash, Bank	34 000	54 000	54 000	494 000
Total Current Assets	278 000	396 000	223 000	494 000
Total Assets	278 000	396 000	223 000	494 000
Total Equity	−23 000	123 000	173 000	494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	63 000	138 000	12 000	0
Dividends	0	0	0	0
Other Current Debt	238 000	132 000	39 000	0
Total Current Debt	301 000	273 000	50 000	0
Total Equity and Debt	278 000	396 000	223 000	494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	634,78 %	−40,65 %	−185,55 %	0 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−15,24 %	−4,75 %	−629,41 %	-
Current Ratio	0,92	1,45	4,46	-
Quick Ratio	0,92	1,45	−1,94	-
Equity Ratio	−0,08	0,31	0,78	1
Gross Profit Margin	96,03 %	84,33 %	100 %	-