ZAPP AS

3970 LANGESUND

Finances

Return on Equity

−1 762,5 %

Current Ratio

0,97

Debt-to-Equity Ratio

43,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	590 000	415 000	459 000
Net Income	−141 000	−49 000	3 000	0
Total Assets	2 375 000	2 449 000	2 492 000	947 000
Total Equity	8 000	149 000	197 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	590 000	415 000	459 000
Expenditure	562 000	497 000	282 000	555 000
Operating Profit	20 000	94 000	132 000	155 000
Financial Income	0	0	0	0
Financial Costs	160 000	142 000	129 000	155 000
Financial Balance	−160 000	−142 000	−129 000	−155 000
Earnings Before Tax	−140 000	−49 000	3 000	0
Tax	1 000	0	1 000	0
Net Income	−141 000	−49 000	3 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	511 000	511 000	511 000
Total Current Assets	1 964 000	1 938 000	1 981 000	436 000
Total Assets	2 375 000	2 449 000	2 492 000	947 000
Total Retained Equity	−92 000	49 000	97 000	94 000
Total Equity	8 000	149 000	197 000	194 000
Total Long-Term Debt	350 000	400 000	450 000	496 000
Total Current Debt	2 017 000	1 901 000	1 845 000	258 000
Total Equity and Debt	2 375 000	2 449 000	2 492 000	947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	565 000	503 000	415 000	459 000
Other Income	17 000	88 000	0	0
Revenue	582 000	590 000	415 000	459 000
Cost of Goods Sold	24 000	12 000	7 000	21 000
Salary Costs	456 000	474 000	171 000	230 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	562 000	497 000	282 000	555 000
Operating Profit	20 000	94 000	132 000	155 000
Financial Income	0	0	0	0
Financial Costs	160 000	142 000	129 000	155 000
Financial Balance	−160 000	−142 000	−129 000	−155 000
Dividends	0	0	0	0
Net Income	−141 000	−49 000	3 000	0

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	411 000	511 000	511 000	511 000
Total Fixed Assets	411 000	511 000	511 000	511 000
Stock	150 000	150 000	185 000	555 000
Total Investments	0	0	0	0
Cash, Bank	0	10 000	1 000	−1 780 000
Total Current Assets	1 964 000	1 938 000	1 981 000	436 000
Total Assets	2 375 000	2 449 000	2 492 000	947 000
Total Equity	8 000	149 000	197 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	350 000	400 000	450 000	496 000
Creditors	44 000	26 000	53 000	233 000
Unpaid Taxes	7 000	41 000	7 000	19 000
Dividends	0	0	0	0
Other Current Debt	179 000	44 000	15 000	6 000
Total Current Debt	2 017 000	1 901 000	1 845 000	258 000
Total Equity and Debt	2 375 000	2 449 000	2 492 000	947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 762,5 %	−32,89 %	1,52 %	0 %
Debt-to-Equity Ratio	43,75	2,68	2,28	2,56
Operating Profit Margin	3,44 %	15,93 %	31,81 %	33,77 %
Current Ratio	0,97	1,02	1,07	1,69
Quick Ratio	1,05	1,11	1,19	−1,47
Equity Ratio	0	0,06	0,08	0,2
Gross Profit Margin	95,88 %	97,97 %	98,31 %	95,42 %