IGNITE PROCUREMENT AS

0166 OSLO

Finances

Return on Equity

−60,04 %

Current Ratio

2,61

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 024 000	13 744 000	7 783 000	4 824 000
Net Income	−35 546 000	−11 688 000	−2 891 000	−1 795 000
Total Assets	79 822 000	41 405 000	14 522 000	11 888 000
Total Equity	59 202 000	29 205 000	7 563 000	8 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 024 000	13 744 000	7 783 000	4 824 000
Expenditure	55 647 000	25 492 000	10 617 000	6 612 000
Operating Profit	−35 622 000	−11 748 000	−2 833 000	−1 789 000
Financial Income	751 000	210 000	60 000	8 000
Financial Costs	675 000	150 000	118 000	14 000
Financial Balance	76 000	60 000	−58 000	−6 000
Earnings Before Tax	−35 546 000	−11 688 000	−2 891 000	−1 795 000
Tax	0	0	0	0
Net Income	−35 546 000	−11 688 000	−2 891 000	−1 795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 025 000	29 069 000	10 826 000	2 739 000
Total Current Assets	38 797 000	12 336 000	3 696 000	9 149 000
Total Assets	79 822 000	41 405 000	14 522 000	11 888 000
Total Retained Equity	−54 649 000	−18 506 000	−6 819 000	−3 927 000
Total Equity	59 202 000	29 205 000	7 563 000	8 748 000
Total Long-Term Debt	5 774 000	4 242 000	3 244 000	1 715 000
Total Current Debt	14 847 000	7 958 000	3 715 000	1 425 000
Total Equity and Debt	79 822 000	41 405 000	14 522 000	11 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 192 000	8 871 000	6 111 000	4 583 000
Other Income	832 000	4 873 000	1 672 000	241 000
Revenue	20 024 000	13 744 000	7 783 000	4 824 000
Cost of Goods Sold	3 839 000	2 335 000	143 000	133 000
Salary Costs	22 791 000	12 320 000	5 132 000	4 358 000
Depreciation	12 395 000	4 709 000	2 533 000	704 000
Impairment	6 949 000	0	0	0
Expenditure	55 647 000	25 492 000	10 617 000	6 612 000
Operating Profit	−35 622 000	−11 748 000	−2 833 000	−1 789 000
Financial Income	751 000	210 000	60 000	8 000
Financial Costs	675 000	150 000	118 000	14 000
Financial Balance	76 000	60 000	−58 000	−6 000
Dividends	0	0	0	1 500 000
Net Income	−35 546 000	−11 688 000	−2 891 000	−1 795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 339 000	24 999 000	9 171 000	2 632 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	462 000	405 000	70 000
Total Tangible Assets	332 000	462 000	405 000	70 000
Total Fiancial Fixed Assets	3 355 000	3 607 000	1 251 000	38 000
Total Fixed Assets	41 025 000	29 069 000	10 826 000	2 739 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 460 000	11 160 000	535 000	7 591 000
Total Current Assets	38 797 000	12 336 000	3 696 000	9 149 000
Total Assets	79 822 000	41 405 000	14 522 000	11 888 000
Total Equity	59 202 000	29 205 000	7 563 000	8 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 774 000	4 242 000	3 244 000	1 715 000
Creditors	1 673 000	924 000	1 027 000	254 000
Unpaid Taxes	3 233 000	2 567 000	1 070 000	565 000
Dividends	0	0	0	1 500 000
Other Current Debt	9 941 000	4 466 000	986 000	605 000
Total Current Debt	14 847 000	7 958 000	3 715 000	1 425 000
Total Equity and Debt	79 822 000	41 405 000	14 522 000	11 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,04 %	−40,02 %	−38,23 %	−20,52 %
Debt-to-Equity Ratio	0,1	0,15	0,43	0,2
Operating Profit Margin	−177,9 %	−85,48 %	−36,4 %	−37,09 %
Current Ratio	2,61	1,55	0,99	6,42
Quick Ratio	2,61	1,55	0,99	6,42
Equity Ratio	0,74	0,71	0,52	0,74
Gross Profit Margin	80,83 %	83,01 %	98,16 %	97,24 %