APOLLOTECH AS

2827 HUNNDALEN

Finances

Return on Equity

−7,1 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020
Revenue	11 589 000	2 479 000	250 000
Net Income	−818 000	−2 040 000	−408 000
Total Assets	24 061 000	15 517 000	10 380 000
Total Equity	11 520 000	12 338 000	7 044 000

Income (NOK)	2022	2021	2020
Revenue	11 589 000	2 479 000	250 000
Expenditure	12 450 000	5 023 000	772 000
Operating Profit	−860 000	−2 544 000	−522 000
Financial Income	3 000	22 000	0
Financial Costs	190 000	85 000	1 000
Financial Balance	−187 000	−63 000	−1 000
Earnings Before Tax	−1 047 000	−2 607 000	−523 000
Tax	−230 000	−566 000	−115 000
Net Income	−818 000	−2 040 000	−408 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 360 000	11 265 000	10 030 000
Total Current Assets	13 701 000	4 252 000	350 000
Total Assets	24 061 000	15 517 000	10 380 000
Total Retained Equity	−3 266 000	−2 448 000	−408 000
Total Equity	11 520 000	12 338 000	7 044 000
Total Long-Term Debt	2 500 000	2 488 000	3 334 000
Total Current Debt	10 041 000	692 000	1 000
Total Equity and Debt	24 061 000	15 517 000	10 380 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 239 000	2 479 000	250 000
Other Income	350 000	0	0
Revenue	11 589 000	2 479 000	250 000
Cost of Goods Sold	9 085 000	2 512 000	0
Salary Costs	1 186 000	349 000	0
Depreciation	1 134 000	50 000	0
Impairment	0	0	0
Expenditure	12 450 000	5 023 000	772 000
Operating Profit	−860 000	−2 544 000	−522 000
Financial Income	3 000	22 000	0
Financial Costs	190 000	85 000	1 000
Financial Balance	−187 000	−63 000	−1 000
Dividends	0	0	0
Net Income	−818 000	−2 040 000	−408 000

Balance details (NOK)	2022	2021	2020
Goodwill	490 000	612 000	0
Total Intangible Assets	10 260 000	11 165 000	10 030 000
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	100 000	100 000	0
Total Fixed Assets	10 360 000	11 265 000	10 030 000
Stock	4 765 000	0	0
Total Investments	0	0	0
Cash, Bank	630 000	2 840 000	100 000
Total Current Assets	13 701 000	4 252 000	350 000
Total Assets	24 061 000	15 517 000	10 380 000
Total Equity	11 520 000	12 338 000	7 044 000
Short-Term Group Debt	0	211 000	0
Total Long-Term Debt	2 500 000	2 488 000	3 334 000
Creditors	5 132 000	418 000	1 000
Unpaid Taxes	579 000	41 000	0
Dividends	0	0	0
Other Current Debt	371 000	21 000	0
Total Current Debt	10 041 000	692 000	1 000
Total Equity and Debt	24 061 000	15 517 000	10 380 000

Financial indicators	2022	2021	2020
Return on Equity	−7,1 %	−16,53 %	−5,79 %
Debt-to-Equity Ratio	0,22	0,2	0,47
Operating Profit Margin	−7,42 %	−102,62 %	−208,8 %
Current Ratio	1,36	6,14	350
Quick Ratio	2,6	6,14	350
Equity Ratio	0,48	0,8	0,68
Gross Profit Margin	21,61 %	−1,33 %	100 %