EXOTEK AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

−293,89 %

Current Ratio

0,69

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020
Revenue	592 000	2 350 000	94 000
Net Income	−2 548 000	206 000	−172 000
Total Assets	6 217 000	819 000	277 000
Total Equity	867 000	64 000	−142 000

Income (NOK)	2022	2021	2020
Revenue	592 000	2 350 000	94 000
Expenditure	3 023 000	2 135 000	265 000
Operating Profit	−2 430 000	215 000	−173 000
Financial Income	23 000	0	0
Financial Costs	151 000	0	0
Financial Balance	−128 000	0	0
Earnings Before Tax	−2 558 000	215 000	−172 000
Tax	−10 000	10 000	0
Net Income	−2 548 000	206 000	−172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 912 000	423 000	156 000
Total Current Assets	2 305 000	396 000	121 000
Total Assets	6 217 000	819 000	277 000
Total Retained Equity	−2 514 000	34 000	−172 000
Total Equity	867 000	64 000	−142 000
Total Long-Term Debt	2 000 000	10 000	0
Total Current Debt	3 350 000	746 000	419 000
Total Equity and Debt	6 217 000	819 000	277 000

Cash flow (NOK)	2022	2021	2020
Sales Income	472 000	420 000	0
Other Income	120 000	1 930 000	94 000
Revenue	592 000	2 350 000	94 000
Cost of Goods Sold	1 068 000	110 000	76 000
Salary Costs	799 000	934 000	0
Depreciation	109 000	77 000	2 000
Impairment	0	0	0
Expenditure	3 023 000	2 135 000	265 000
Operating Profit	−2 430 000	215 000	−173 000
Financial Income	23 000	0	0
Financial Costs	151 000	0	0
Financial Balance	−128 000	0	0
Dividends	0	0	0
Net Income	−2 548 000	206 000	−172 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 581 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	296 000	397 000	139 000
Fixtures	18 000	27 000	17 000
Total Tangible Assets	314 000	423 000	156 000
Total Fiancial Fixed Assets	17 000	0	0
Total Fixed Assets	3 912 000	423 000	156 000
Stock	1 791 000	229 000	0
Total Investments	0	0	0
Cash, Bank	181 000	130 000	51 000
Total Current Assets	2 305 000	396 000	121 000
Total Assets	6 217 000	819 000	277 000
Total Equity	867 000	64 000	−142 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000 000	10 000	0
Creditors	378 000	146 000	50 000
Unpaid Taxes	235 000	167 000	0
Dividends	0	0	0
Other Current Debt	2 194 000	433 000	369 000
Total Current Debt	3 350 000	746 000	419 000
Total Equity and Debt	6 217 000	819 000	277 000

Financial indicators	2022	2021	2020
Return on Equity	−293,89 %	321,88 %	121,13 %
Debt-to-Equity Ratio	2,31	0,16	−0
Operating Profit Margin	−410,47 %	9,15 %	−184,04 %
Current Ratio	0,69	0,53	0,29
Quick Ratio	1,48	0,77	0,29
Equity Ratio	0,14	0,08	−0,51
Gross Profit Margin	−80,41 %	95,32 %	19,15 %