IGNITAS INVEST AS

1338 SANDVIKA

Finances

Return on Equity

−22,23 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 000	654 000	20 000	0
Net Income	−223 000	473 000	−37 000	−159 000
Total Assets	1 369 000	2 330 000	1 778 000	1 834 000
Total Equity	1 003 000	1 227 000	753 000	792 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 000	654 000	20 000	0
Expenditure	35 000	1 000	2 000	310 000
Operating Profit	151 000	653 000	18 000	−310 000
Financial Income	0	0	0	0
Financial Costs	341 000	0	36 000	0
Financial Balance	−341 000	0	−36 000	0
Earnings Before Tax	−190 000	653 000	−18 000	−310 000
Tax	33 000	179 000	19 000	−151 000
Net Income	−223 000	473 000	−37 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	138 000	138 000	480 000
Total Current Assets	1 198 000	2 193 000	1 640 000	1 354 000
Total Assets	1 369 000	2 330 000	1 778 000	1 834 000
Total Retained Equity	0	1 207 000	733 000	772 000
Total Equity	1 003 000	1 227 000	753 000	792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	325 000	1 104 000	1 024 000	1 043 000
Total Equity and Debt	1 329 000	2 330 000	1 778 000	1 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 000	654 000	20 000	0
Other Income	0	0	0	0
Revenue	186 000	654 000	20 000	0
Cost of Goods Sold	0	0	0	4 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 000	1 000	2 000	310 000
Operating Profit	151 000	653 000	18 000	−310 000
Financial Income	0	0	0	0
Financial Costs	341 000	0	36 000	0
Financial Balance	−341 000	0	−36 000	0
Dividends	0	0	0	0
Net Income	−223 000	473 000	−37 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	170 000	138 000	138 000	480 000
Total Fixed Assets	170 000	138 000	138 000	480 000
Stock	0	0	0	0
Total Investments	599 000	1 637 000	1 637 000	1 348 000
Cash, Bank	56 000	1 000	2 000	0
Total Current Assets	1 198 000	2 193 000	1 640 000	1 354 000
Total Assets	1 369 000	2 330 000	1 778 000	1 834 000
Total Equity	1 003 000	1 227 000	753 000	792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	0	0	371 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	295 000	1 004 000	1 004 000	672 000
Total Current Debt	325 000	1 104 000	1 024 000	1 043 000
Total Equity and Debt	1 329 000	2 330 000	1 778 000	1 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,23 %	38,55 %	−4,91 %	−20,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	81,18 %	99,85 %	90 %	-
Current Ratio	3,69	1,99	1,6	1,3
Quick Ratio	3,69	1,99	1,6	1,3
Equity Ratio	0,73	0,53	0,42	0,43
Gross Profit Margin	100 %	100 %	100 %	-