NEROTECH NORGE AS

0488 OSLO

Finances

Share Ownership

Return on Equity

6,09 %

Current Ratio

0,31

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 000	36 000	32 000	84 000
Net Income	−51 000	−95 000	−45 000	−20 000
Total Assets	129 000	112 000	121 000	132 000
Total Equity	−838 000	−787 000	−692 000	−647 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 000	36 000	32 000	84 000
Expenditure	67 000	118 000	89 000	104 000
Operating Profit	−51 000	−82 000	−56 000	−20 000
Financial Income	0	0	−1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−51 000	−82 000	−57 000	−20 000
Tax	0	13 000	−13 000	0
Net Income	−51 000	−95 000	−45 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	90 000	103 000	90 000
Total Current Assets	39 000	22 000	18 000	42 000
Total Assets	129 000	112 000	121 000	132 000
Total Retained Equity	−860 000	−809 000	−715 000	−670 000
Total Equity	−838 000	−787 000	−692 000	−647 000
Total Long-Term Debt	841 000	832 000	739 000	735 000
Total Current Debt	127 000	67 000	74 000	44 000
Total Equity and Debt	130 000	112 000	121 000	132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	36 000	32 000	84 000
Other Income	0	0	0	0
Revenue	16 000	36 000	32 000	84 000
Cost of Goods Sold	28 000	24 000	7 000	1 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	67 000	118 000	89 000	104 000
Operating Profit	−51 000	−82 000	−56 000	−20 000
Financial Income	0	0	−1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−51 000	−95 000	−45 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	90 000	90 000	90 000
Total Tangible Assets	90 000	90 000	90 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	90 000	103 000	90 000
Stock	45 000	31 000	31 000	31 000
Total Investments	0	0	0	0
Cash, Bank	16 000	15 000	11 000	11 000
Total Current Assets	39 000	22 000	18 000	42 000
Total Assets	129 000	112 000	121 000	132 000
Total Equity	−838 000	−787 000	−692 000	−647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	841 000	832 000	739 000	735 000
Creditors	110 000	54 000	54 000	30 000
Unpaid Taxes	17 000	13 000	20 000	14 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	127 000	67 000	74 000	44 000
Total Equity and Debt	130 000	112 000	121 000	132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,09 %	12,07 %	6,5 %	3,09 %
Debt-to-Equity Ratio	−1	−1,06	−1,07	−1,14
Operating Profit Margin	−318,75 %	−227,78 %	−175 %	−23,81 %
Current Ratio	0,31	0,33	0,24	0,95
Quick Ratio	0,48	0,61	0,42	3,23
Equity Ratio	−6,5	−7,03	−5,72	−4,9
Gross Profit Margin	−75 %	33,33 %	78,13 %	98,81 %