IT KIDS AS

5081 BERGEN

Finances

Share Ownership

Return on Equity

13,88 %

Current Ratio

3,27

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 650 000	0	0	0
Net Income	44 000	−14 000	−12 000	−1 000
Total Assets	1 802 000	33 000	46 000	59 000
Total Equity	317 000	33 000	46 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 650 000	0	0	0
Expenditure	3 604 000	14 000	13 000	1 000
Operating Profit	46 000	−14 000	−13 000	−1 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	45 000	−14 000	−12 000	−1 000
Tax	1 000	0	0	0
Net Income	44 000	−14 000	−12 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	0	0	0
Total Current Assets	1 682 000	33 000	46 000	59 000
Total Assets	1 802 000	33 000	46 000	59 000
Total Retained Equity	17 000	−27 000	−14 000	−1 000
Total Equity	317 000	33 000	46 000	59 000
Total Long-Term Debt	970 000	0	0	0
Total Current Debt	515 000	0	0	0
Total Equity and Debt	1 802 000	33 000	46 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 650 000	0	0	0
Other Income	0	0	0	0
Revenue	3 650 000	0	0	0
Cost of Goods Sold	1 887 000	0	0	0
Salary Costs	1 034 000	0	0	0
Depreciation	30 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 604 000	14 000	13 000	1 000
Operating Profit	46 000	−14 000	−13 000	−1 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	44 000	−14 000	−12 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	80 000	0	0	0
Total Intangible Assets	80 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	0	0	0
Total Tangible Assets	40 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	0	0	0
Stock	747 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	935 000	33 000	46 000	59 000
Total Current Assets	1 682 000	33 000	46 000	59 000
Total Assets	1 802 000	33 000	46 000	59 000
Total Equity	317 000	33 000	46 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	970 000	0	0	0
Creditors	115 000	0	0	0
Unpaid Taxes	201 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	197 000	0	0	0
Total Current Debt	515 000	0	0	0
Total Equity and Debt	1 802 000	33 000	46 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,88 %	−42,42 %	−26,09 %	−1,69 %
Debt-to-Equity Ratio	3,06	0	0	0
Operating Profit Margin	1,26 %	-	-	-
Current Ratio	3,27	-	-	-
Quick Ratio	−7,25	-	-	-
Equity Ratio	0,18	1	1	1
Gross Profit Margin	48,3 %	-	-	-