ITAG SOLUTIONS AS

0167 OSLO

Finances

Return on Equity

−76,41 %

Current Ratio

0,41

Debt-to-Equity Ratio

1,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 372 000	6 793 000	5 778 000	3 120 000
Net Income	−311 000	673 000	299 000	−366 000
Total Assets	3 478 000	3 072 000	1 702 000	653 000
Total Equity	407 000	718 000	44 000	−254 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 372 000	6 793 000	5 778 000	3 120 000
Expenditure	5 435 000	6 056 000	5 414 000	3 349 000
Operating Profit	−63 000	737 000	363 000	−229 000
Financial Income	3 000	13 000	31 000	3 000
Financial Costs	250 000	77 000	96 000	139 000
Financial Balance	−247 000	−64 000	−65 000	−136 000
Earnings Before Tax	−311 000	673 000	299 000	−366 000
Tax	0	0	0	0
Net Income	−311 000	673 000	299 000	−366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 522 000	1 849 000	740 000	0
Total Current Assets	956 000	1 224 000	962 000	653 000
Total Assets	3 478 000	3 072 000	1 702 000	653 000
Total Retained Equity	−487 000	−177 000	−850 000	−1 149 000
Total Equity	407 000	718 000	44 000	−254 000
Total Long-Term Debt	745 000	693 000	293 000	55 000
Total Current Debt	2 326 000	1 662 000	1 365 000	852 000
Total Equity and Debt	3 478 000	3 072 000	1 702 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 372 000	6 793 000	5 778 000	3 120 000
Other Income	0	0	0	0
Revenue	5 372 000	6 793 000	5 778 000	3 120 000
Cost of Goods Sold	2 560 000	3 584 000	2 949 000	2 142 000
Salary Costs	1 202 000	889 000	483 000	192 000
Depreciation	9 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	5 435 000	6 056 000	5 414 000	3 349 000
Operating Profit	−63 000	737 000	363 000	−229 000
Financial Income	3 000	13 000	31 000	3 000
Financial Costs	250 000	77 000	96 000	139 000
Financial Balance	−247 000	−64 000	−65 000	−136 000
Dividends	0	0	0	0
Net Income	−311 000	673 000	299 000	−366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	833 000	552 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	17 000	0	0
Total Tangible Assets	9 000	17 000	0	0
Total Fiancial Fixed Assets	1 680 000	1 280 000	740 000	0
Total Fixed Assets	2 522 000	1 849 000	740 000	0
Stock	225 000	165 000	170 000	73 000
Total Investments	0	0	0	262 000
Cash, Bank	128 000	133 000	175 000	38 000
Total Current Assets	956 000	1 224 000	962 000	653 000
Total Assets	3 478 000	3 072 000	1 702 000	653 000
Total Equity	407 000	718 000	44 000	−254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	745 000	693 000	293 000	55 000
Creditors	1 861 000	958 000	818 000	720 000
Unpaid Taxes	245 000	561 000	512 000	132 000
Dividends	0	0	0	0
Other Current Debt	220 000	142 000	35 000	0
Total Current Debt	2 326 000	1 662 000	1 365 000	852 000
Total Equity and Debt	3 478 000	3 072 000	1 702 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,41 %	93,73 %	679,55 %	144,09 %
Debt-to-Equity Ratio	1,83	0,97	6,66	−0,22
Operating Profit Margin	−1,17 %	10,85 %	6,28 %	−7,34 %
Current Ratio	0,41	0,74	0,7	0,77
Quick Ratio	0,46	0,82	0,81	0,84
Equity Ratio	0,12	0,23	0,03	−0,39
Gross Profit Margin	52,35 %	47,24 %	48,96 %	31,35 %