IOT TECHNOLOGY AS

4103 JØRPELAND

Finances

Share Ownership

Return on Equity

100 %

Current Ratio

0,67

Debt-to-Equity Ratio

−1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	102 000	13 000	38 000
Net Income	−39 000	−6 000	−18 000	2 000
Total Assets	66 000	62 000	57 000	27 000
Total Equity	−39 000	0	6 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	102 000	13 000	38 000
Expenditure	51 000	104 000	32 000	37 000
Operating Profit	−45 000	−3 000	−19 000	1 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	0
Financial Balance	−5 000	−5 000	−5 000	0
Earnings Before Tax	−50 000	−8 000	−24 000	1 000
Tax	−11 000	−2 000	−5 000	−1 000
Net Income	−39 000	−6 000	−18 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	27 000	30 000	1 000
Total Current Assets	34 000	35 000	27 000	25 000
Total Assets	66 000	62 000	57 000	27 000
Total Retained Equity	−69 000	−30 000	−24 000	2 000
Total Equity	−39 000	0	6 000	25 000
Total Long-Term Debt	54 000	54 000	21 000	0
Total Current Debt	51 000	7 000	29 000	2 000
Total Equity and Debt	66 000	62 000	57 000	27 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	102 000	13 000	38 000
Other Income	0	0	0	0
Revenue	6 000	102 000	13 000	38 000
Cost of Goods Sold	2 000	63 000	0	25 000
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	3 000	0
Impairment	0	0	0	0
Expenditure	51 000	104 000	32 000	37 000
Operating Profit	−45 000	−3 000	−19 000	1 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	0
Financial Balance	−5 000	−5 000	−5 000	0
Dividends	0	0	0	0
Net Income	−39 000	−6 000	−18 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	8 000	7 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	18 000	23 000	0
Fixtures	0	0	0	0
Total Tangible Assets	13 000	18 000	23 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	27 000	30 000	1 000
Stock	23 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	16 000	27 000	10 000
Total Current Assets	34 000	35 000	27 000	25 000
Total Assets	66 000	62 000	57 000	27 000
Total Equity	−39 000	0	6 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	54 000	21 000	0
Creditors	18 000	0	0	0
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	0	29 000	2 000
Total Current Debt	51 000	7 000	29 000	2 000
Total Equity and Debt	66 000	62 000	57 000	27 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100 %	-	−300 %	8 %
Debt-to-Equity Ratio	−1,38	-	3,5	0
Operating Profit Margin	−750 %	−2,94 %	−146,15 %	2,63 %
Current Ratio	0,67	5	0,93	12,5
Quick Ratio	1,21	5	0,93	12,5
Equity Ratio	−0,59	0	0,11	0,93
Gross Profit Margin	66,67 %	38,24 %	100 %	34,21 %