IOTIX SYSTEMS AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

38,76 %

Current Ratio

0,36

Debt-to-Equity Ratio

2,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	852 000	769 000	695 000	652 000
Net Income	207 000	208 000	−2 186 000	−2 686 000
Total Assets	3 393 000	3 036 000	2 855 000	3 232 000
Total Equity	534 000	326 000	426 000	1 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	852 000	769 000	695 000	652 000
Expenditure	539 000	560 000	2 879 000	3 333 000
Operating Profit	312 000	208 000	−2 185 000	−2 681 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	107 000	1 000	3 000	9 000
Financial Balance	−105 000	0	−1 000	−5 000
Earnings Before Tax	207 000	208 000	−2 186 000	−2 686 000
Tax	0	0	0	0
Net Income	207 000	208 000	−2 186 000	−2 686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 900 000	2 547 000	2 253 000	2 839 000
Total Current Assets	493 000	490 000	603 000	393 000
Total Assets	3 393 000	3 036 000	2 855 000	3 232 000
Total Retained Equity	−5 285 000	−5 493 000	−5 135 000	−2 949 000
Total Equity	534 000	326 000	426 000	1 212 000
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	1 500 000
Total Current Debt	1 360 000	1 210 000	930 000	520 000
Total Equity and Debt	3 393 000	3 036 000	2 855 000	3 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	852 000	769 000	695 000	620 000
Other Income	0	0	0	32 000
Revenue	852 000	769 000	695 000	652 000
Cost of Goods Sold	429 000	392 000	340 000	117 000
Salary Costs	8 000	12 000	503 000	1 645 000
Depreciation	38 000	39 000	740 000	163 000
Impairment	0	0	946 000	0
Expenditure	539 000	560 000	2 879 000	3 333 000
Operating Profit	312 000	208 000	−2 185 000	−2 681 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	107 000	1 000	3 000	9 000
Financial Balance	−105 000	0	−1 000	−5 000
Dividends	0	0	0	0
Net Income	207 000	208 000	−2 186 000	−2 686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 900 000	2 547 000	2 186 000	2 737 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	67 000	102 000
Total Tangible Assets	0	0	67 000	102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 900 000	2 547 000	2 253 000	2 839 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	292 000	520 000	333 000
Total Current Assets	493 000	490 000	603 000	393 000
Total Assets	3 393 000	3 036 000	2 855 000	3 232 000
Total Equity	534 000	326 000	426 000	1 212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	1 500 000
Creditors	150 000	165 000	73 000	86 000
Unpaid Taxes	50 000	16 000	28 000	186 000
Dividends	0	0	0	0
Other Current Debt	1 160 000	1 028 000	828 000	248 000
Total Current Debt	1 360 000	1 210 000	930 000	520 000
Total Equity and Debt	3 393 000	3 036 000	2 855 000	3 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,76 %	63,8 %	−513,15 %	−221,62 %
Debt-to-Equity Ratio	2,81	4,6	3,52	1,24
Operating Profit Margin	36,62 %	27,05 %	−314,39 %	−411,2 %
Current Ratio	0,36	0,4	0,65	0,76
Quick Ratio	0,36	0,4	0,65	0,76
Equity Ratio	0,16	0,11	0,15	0,38
Gross Profit Margin	49,65 %	49,02 %	51,08 %	82,06 %