ZZWITCH AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

4,67 %

Current Ratio

2,14

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2022	2021	2020
Revenue	1 445 000	150 000	162 000
Net Income	25 000	−18 000	3 000
Total Assets	3 113 000	444 000	88 000
Total Equity	535 000	510 000	28 000

Income (NOK)	2022	2021	2020
Revenue	1 445 000	150 000	162 000
Expenditure	1 417 000	167 000	157 000
Operating Profit	27 000	−18 000	4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	27 000	−18 000	4 000
Tax	2 000	0	1 000
Net Income	25 000	−18 000	3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	374 000	437 000	74 000
Total Current Assets	2 739 000	8 000	14 000
Total Assets	3 113 000	444 000	88 000
Total Retained Equity	5 000	−14 000	3 000
Total Equity	535 000	510 000	28 000
Total Long-Term Debt	1 300 000	0	0
Total Current Debt	1 277 000	−66 000	60 000
Total Equity and Debt	3 113 000	444 000	88 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 295 000	0	62 000
Other Income	150 000	150 000	100 000
Revenue	1 445 000	150 000	162 000
Cost of Goods Sold	495 000	0	93 000
Salary Costs	529 000	96 000	0
Depreciation	203 000	38 000	6 000
Impairment	0	0	0
Expenditure	1 417 000	167 000	157 000
Operating Profit	27 000	−18 000	4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	25 000	−18 000	3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	374 000	437 000	74 000
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	0	0	0
Total Fixed Assets	374 000	437 000	74 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	559 000	3 000	9 000
Total Current Assets	2 739 000	8 000	14 000
Total Assets	3 113 000	444 000	88 000
Total Equity	535 000	510 000	28 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 300 000	0	0
Creditors	601 000	12 000	87 000
Unpaid Taxes	352 000	−112 000	−28 000
Dividends	0	0	0
Other Current Debt	321 000	33 000	0
Total Current Debt	1 277 000	−66 000	60 000
Total Equity and Debt	3 113 000	444 000	88 000

Financial indicators	2022	2021	2020
Return on Equity	4,67 %	−3,53 %	10,71 %
Debt-to-Equity Ratio	2,43	0	0
Operating Profit Margin	1,87 %	−12 %	2,47 %
Current Ratio	2,14	−0,12	0,23
Quick Ratio	2,14	−0,12	0,23
Equity Ratio	0,17	1,15	0,32
Gross Profit Margin	65,74 %	100 %	42,59 %