NTNU TECHNOLOGY TRANSFER AS

7051 TRONDHEIM

Finances

Return on Equity

3,14 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 749 000	52 354 000	60 487 000	64 586 000
Net Income	1 763 000	1 353 000	4 112 000	3 067 000
Total Assets	83 980 000	78 735 000	87 180 000	81 454 000
Total Equity	56 066 000	54 303 000	52 950 000	48 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 749 000	52 354 000	60 487 000	64 586 000
Expenditure	62 277 000	51 007 000	56 446 000	68 192 000
Operating Profit	1 473 000	1 347 000	4 040 000	−3 606 000
Financial Income	465 000	94 000	342 000	6 703 000
Financial Costs	174 000	89 000	269 000	30 000
Financial Balance	291 000	5 000	73 000	6 673 000
Earnings Before Tax	1 763 000	1 353 000	4 112 000	3 067 000
Tax	0	0	0	0
Net Income	1 763 000	1 353 000	4 112 000	3 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 482 000	39 322 000	38 522 000	35 855 000
Total Current Assets	45 498 000	39 413 000	48 658 000	45 599 000
Total Assets	83 980 000	78 735 000	87 180 000	81 454 000
Total Retained Equity	38 114 000	36 351 000	34 998 000	30 886 000
Total Equity	56 066 000	54 303 000	52 950 000	48 837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 914 000	24 432 000	34 230 000	32 617 000
Total Equity and Debt	83 980 000	78 735 000	87 180 000	81 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 285 000	30 458 000	28 742 000	25 241 000
Other Income	26 464 000	21 896 000	31 745 000	39 346 000
Revenue	63 749 000	52 354 000	60 487 000	64 586 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 839 000	32 027 000	30 160 000	29 350 000
Depreciation	36 000	15 000	51 000	54 000
Impairment	698 000	283 000	300 000	−24 000
Expenditure	62 277 000	51 007 000	56 446 000	68 192 000
Operating Profit	1 473 000	1 347 000	4 040 000	−3 606 000
Financial Income	465 000	94 000	342 000	6 703 000
Financial Costs	174 000	89 000	269 000	30 000
Financial Balance	291 000	5 000	73 000	6 673 000
Dividends	0	0	0	0
Net Income	1 763 000	1 353 000	4 112 000	3 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	165 000	0	51 000
Total Tangible Assets	129 000	165 000	0	51 000
Total Fiancial Fixed Assets	38 353 000	39 157 000	38 522 000	35 804 000
Total Fixed Assets	38 482 000	39 322 000	38 522 000	35 855 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 781 000	28 151 000	34 963 000	21 030 000
Total Current Assets	45 498 000	39 413 000	48 658 000	45 599 000
Total Assets	83 980 000	78 735 000	87 180 000	81 454 000
Total Equity	56 066 000	54 303 000	52 950 000	48 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 105 000	2 601 000	4 124 000	3 982 000
Unpaid Taxes	3 211 000	2 482 000	2 037 000	1 877 000
Dividends	0	0	0	0
Other Current Debt	21 598 000	19 348 000	28 070 000	26 758 000
Total Current Debt	27 914 000	24 432 000	34 230 000	32 617 000
Total Equity and Debt	83 980 000	78 735 000	87 180 000	81 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,14 %	2,49 %	7,77 %	6,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,31 %	2,57 %	6,68 %	−5,58 %
Current Ratio	1,63	1,61	1,42	1,4
Quick Ratio	1,63	1,61	1,42	1,4
Equity Ratio	0,67	0,69	0,61	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %