XPHAGE BIOSOLUTIONS AS

7034 TRONDHEIM

Finances

Return on Equity

108,01 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 257 000	0	0
Net Income	364 000	−134 000	−45 000
Total Assets	596 000	136 000	271 000
Total Equity	337 000	122 000	255 000

Income (NOK)	2022	2021	2020
Revenue	1 257 000	0	0
Expenditure	841 000	134 000	45 000
Operating Profit	416 000	−134 000	−45 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	416 000	−134 000	−45 000
Tax	52 000	0	0
Net Income	364 000	−134 000	−45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	105 000	0	35 000
Total Current Assets	491 000	136 000	236 000
Total Assets	596 000	136 000	271 000
Total Retained Equity	87 000	−178 000	−45 000
Total Equity	337 000	122 000	255 000
Total Long-Term Debt	1 000	0	14 000
Total Current Debt	258 000	14 000	1 000
Total Equity and Debt	596 000	136 000	271 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 257 000	0	0
Other Income	0	0	0
Revenue	1 257 000	0	0
Cost of Goods Sold	13 000	0	0
Salary Costs	518 000	0	0
Depreciation	21 000	0	0
Impairment	0	0	0
Expenditure	841 000	134 000	45 000
Operating Profit	416 000	−134 000	−45 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	364 000	−134 000	−45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	105 000	0	0
Total Tangible Assets	105 000	0	0
Total Fiancial Fixed Assets	0	0	35 000
Total Fixed Assets	105 000	0	35 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	358 000	99 000	236 000
Total Current Assets	491 000	136 000	236 000
Total Assets	596 000	136 000	271 000
Total Equity	337 000	122 000	255 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	14 000
Creditors	15 000	14 000	1 000
Unpaid Taxes	138 000	0	0
Dividends	0	0	0
Other Current Debt	53 000	0	0
Total Current Debt	258 000	14 000	1 000
Total Equity and Debt	596 000	136 000	271 000

Financial indicators	2022	2021	2020
Return on Equity	108,01 %	−109,84 %	−17,65 %
Debt-to-Equity Ratio	0	0	0,05
Operating Profit Margin	33,09 %	-	-
Current Ratio	1,9	9,71	236
Quick Ratio	1,9	9,71	236
Equity Ratio	0,57	0,9	0,94
Gross Profit Margin	98,97 %	-	-