OVERO AS

0279 OSLO

Finances

Share Ownership

Return on Equity

−37,87 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 915 000	305 000	80 000
Net Income	−5 082 000	−3 522 000	−2 008 000
Total Assets	16 850 000	8 161 000	3 111 000
Total Equity	13 421 000	6 264 000	1 793 000

Income (NOK)	2022	2021	2020
Revenue	1 915 000	305 000	80 000
Expenditure	6 941 000	3 749 000	2 088 000
Operating Profit	−5 026 000	−3 444 000	−2 009 000
Financial Income	3 000	0	0
Financial Costs	58 000	79 000	0
Financial Balance	−55 000	−79 000	0
Earnings Before Tax	−5 082 000	−3 522 000	−2 008 000
Tax	0	0	0
Net Income	−5 082 000	−3 522 000	−2 008 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 755 000	5 725 000	2 125 000
Total Current Assets	4 095 000	2 437 000	987 000
Total Assets	16 850 000	8 161 000	3 111 000
Total Retained Equity	−10 613 000	−5 530 000	−2 008 000
Total Equity	13 421 000	6 264 000	1 793 000
Total Long-Term Debt	0	0	500 000
Total Current Debt	3 429 000	1 897 000	818 000
Total Equity and Debt	16 850 000	8 161 000	3 111 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 912 000	305 000	80 000
Other Income	2 000	0	0
Revenue	1 915 000	305 000	80 000
Cost of Goods Sold	37 000	3 000	2 000
Salary Costs	3 873 000	2 198 000	1 559 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 941 000	3 749 000	2 088 000
Operating Profit	−5 026 000	−3 444 000	−2 009 000
Financial Income	3 000	0	0
Financial Costs	58 000	79 000	0
Financial Balance	−55 000	−79 000	0
Dividends	0	0	0
Net Income	−5 082 000	−3 522 000	−2 008 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 708 000	5 693 000	2 093 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	15 000	0	0
Total Tangible Assets	15 000	0	0
Total Fiancial Fixed Assets	32 000	32 000	32 000
Total Fixed Assets	12 755 000	5 725 000	2 125 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 981 000	98 000	222 000
Total Current Assets	4 095 000	2 437 000	987 000
Total Assets	16 850 000	8 161 000	3 111 000
Total Equity	13 421 000	6 264 000	1 793 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	500 000
Creditors	1 720 000	713 000	655 000
Unpaid Taxes	305 000	259 000	−13 000
Dividends	0	0	0
Other Current Debt	1 403 000	925 000	176 000
Total Current Debt	3 429 000	1 897 000	818 000
Total Equity and Debt	16 850 000	8 161 000	3 111 000

Financial indicators	2022	2021	2020
Return on Equity	−37,87 %	−56,23 %	−111,99 %
Debt-to-Equity Ratio	0	0	0,28
Operating Profit Margin	−262,45 %	−1 129,18 %	−2 511,25 %
Current Ratio	1,19	1,28	1,21
Quick Ratio	1,19	1,28	1,21
Equity Ratio	0,8	0,77	0,58
Gross Profit Margin	98,07 %	99,02 %	97,5 %