MASTER WIZR AS

1363 HØVIK

Finances

Return on Equity

−27,74 %

Current Ratio

19,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	242 000	0	43 000
Net Income	−10 777 000	−2 825 000	−2 444 000
Total Assets	39 322 000	18 156 000	2 018 000
Total Equity	38 854 000	17 681 000	1 855 000

Income (NOK)	2022	2021	2020
Revenue	242 000	0	43 000
Expenditure	11 005 000	2 825 000	2 486 000
Operating Profit	−10 763 000	−2 825 000	−2 443 000
Financial Income	0	0	0
Financial Costs	14 000	0	1 000
Financial Balance	−14 000	0	−1 000
Earnings Before Tax	−10 777 000	−2 825 000	−2 444 000
Tax	0	0	0
Net Income	−10 777 000	−2 825 000	−2 444 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	30 280 000	6 449 000	0
Total Current Assets	9 042 000	11 707 000	2 018 000
Total Assets	39 322 000	18 156 000	2 018 000
Total Retained Equity	0	−5 269 000	−2 444 000
Total Equity	38 854 000	17 681 000	1 855 000
Total Long-Term Debt	0	0	0
Total Current Debt	468 000	475 000	162 000
Total Equity and Debt	39 322 000	18 156 000	2 018 000

Cash flow (NOK)	2022	2021	2020
Sales Income	242 000	0	43 000
Other Income	0	0	0
Revenue	242 000	0	43 000
Cost of Goods Sold	0	0	0
Salary Costs	1 761 000	1 129 000	815 000
Depreciation	1 389 000	0	0
Impairment	150 000	0	0
Expenditure	11 005 000	2 825 000	2 486 000
Operating Profit	−10 763 000	−2 825 000	−2 443 000
Financial Income	0	0	0
Financial Costs	14 000	0	1 000
Financial Balance	−14 000	0	−1 000
Dividends	0	0	0
Net Income	−10 777 000	−2 825 000	−2 444 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 500 000	6 449 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	17 780 000	0	0
Total Fixed Assets	30 280 000	6 449 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	8 690 000	11 707 000	2 015 000
Total Current Assets	9 042 000	11 707 000	2 018 000
Total Assets	39 322 000	18 156 000	2 018 000
Total Equity	38 854 000	17 681 000	1 855 000
Short-Term Group Debt	2 000	2 000	2 000
Total Long-Term Debt	0	0	0
Creditors	150 000	46 000	0
Unpaid Taxes	120 000	84 000	71 000
Dividends	0	0	0
Other Current Debt	195 000	344 000	90 000
Total Current Debt	468 000	475 000	162 000
Total Equity and Debt	39 322 000	18 156 000	2 018 000

Financial indicators	2022	2021	2020
Return on Equity	−27,74 %	−15,98 %	−131,75 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−4 447,52 %	-	−5 681,4 %
Current Ratio	19,32	24,65	12,46
Quick Ratio	19,32	24,65	12,46
Equity Ratio	0,99	0,97	0,92
Gross Profit Margin	100 %	-	100 %