GLOBAL HEALTH TECHNOLOGY AS

4007 STAVANGER

Finances

Return on Equity

−216,24 %

Current Ratio

3,63

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 490 000	697 000	324 000	38 000
Net Income	−7 951 000	−4 597 000	−4 147 000	−1 198 000
Total Assets	11 202 000	12 883 000	7 464 000	5 028 000
Total Equity	3 677 000	11 628 000	6 301 000	4 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 490 000	697 000	324 000	38 000
Expenditure	9 343 000	5 275 000	3 267 000	1 568 000
Operating Profit	−7 852 000	−4 579 000	−2 942 000	−1 531 000
Financial Income	−8 000	8 000	1 000	1 000
Financial Costs	90 000	26 000	99 000	6 000
Financial Balance	−98 000	−18 000	−98 000	−5 000
Earnings Before Tax	−7 951 000	−4 597 000	−3 040 000	−1 535 000
Tax	0	0	1 107 000	−338 000
Net Income	−7 951 000	−4 597 000	−4 147 000	−1 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 043 000	2 284 000	2 488 000	3 752 000
Total Current Assets	9 159 000	10 600 000	4 976 000	1 276 000
Total Assets	11 202 000	12 883 000	7 464 000	5 028 000
Total Retained Equity	−6 347 000	0	−6 580 000	−2 433 000
Total Equity	3 677 000	11 628 000	6 301 000	4 110 000
Total Long-Term Debt	5 000 000	0	0	0
Total Current Debt	2 525 000	1 256 000	1 163 000	918 000
Total Equity and Debt	11 202 000	12 883 000	7 464 000	5 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 490 000	697 000	324 000	38 000
Other Income	0	0	0	0
Revenue	1 490 000	697 000	324 000	38 000
Cost of Goods Sold	931 000	603 000	189 000	26 000
Salary Costs	3 655 000	1 986 000	1 165 000	535 000
Depreciation	241 000	244 000	193 000	26 000
Impairment	0	0	0	0
Expenditure	9 343 000	5 275 000	3 267 000	1 568 000
Operating Profit	−7 852 000	−4 579 000	−2 942 000	−1 531 000
Financial Income	−8 000	8 000	1 000	1 000
Financial Costs	90 000	26 000	99 000	6 000
Financial Balance	−98 000	−18 000	−98 000	−5 000
Dividends	0	0	0	0
Net Income	−7 951 000	−4 597 000	−4 147 000	−1 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 972 000	2 186 000	1 786 000	3 082 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	98 000	32 000	0
Total Tangible Assets	71 000	98 000	32 000	0
Total Fiancial Fixed Assets	0	0	670 000	670 000
Total Fixed Assets	2 043 000	2 284 000	2 488 000	3 752 000
Stock	2 564 000	916 000	869 000	1 024 000
Total Investments	0	0	0	0
Cash, Bank	6 317 000	9 344 000	3 685 000	56 000
Total Current Assets	9 159 000	10 600 000	4 976 000	1 276 000
Total Assets	11 202 000	12 883 000	7 464 000	5 028 000
Total Equity	3 677 000	11 628 000	6 301 000	4 110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	0	0	0
Creditors	1 719 000	387 000	263 000	654 000
Unpaid Taxes	254 000	187 000	95 000	32 000
Dividends	0	0	0	0
Other Current Debt	552 000	681 000	805 000	232 000
Total Current Debt	2 525 000	1 256 000	1 163 000	918 000
Total Equity and Debt	11 202 000	12 883 000	7 464 000	5 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−216,24 %	−39,53 %	−65,81 %	−29,15 %
Debt-to-Equity Ratio	1,36	0	0	0
Operating Profit Margin	−526,98 %	−656,96 %	−908,02 %	−4 028,95 %
Current Ratio	3,63	8,44	4,28	1,39
Quick Ratio	−234,85	31,18	16,93	−12,04
Equity Ratio	0,33	0,9	0,84	0,82
Gross Profit Margin	37,52 %	13,49 %	41,67 %	31,58 %