IZETTLE MERCHANT SERVICES AS

0195 OSLO

Finances

Share Ownership

Return on Equity

5,2 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 942 000	10 545 000	13 865 000	17 717 000
Net Income	251 000	338 000	358 000	1 191 000
Total Assets	6 375 000	13 376 000	11 172 000	3 113 000
Total Equity	4 823 000	4 572 000	4 232 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 942 000	10 545 000	13 865 000	17 717 000
Expenditure	13 527 000	9 994 000	13 005 000	16 390 000
Operating Profit	415 000	552 000	859 000	1 327 000
Financial Income	685 000	361 000	56 000	8 000
Financial Costs	779 000	779 000	244 000	0
Financial Balance	−94 000	−418 000	−188 000	8 000
Earnings Before Tax	322 000	134 000	672 000	1 335 000
Tax	71 000	−204 000	313 000	143 000
Net Income	251 000	338 000	358 000	1 191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	311 000	0	105 000
Total Current Assets	6 111 000	13 065 000	11 172 000	3 008 000
Total Assets	6 375 000	13 376 000	11 172 000	3 113 000
Total Retained Equity	3 593 000	3 342 000	3 002 000	428 000
Total Equity	4 823 000	4 572 000	4 232 000	1 658 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 552 000	8 804 000	6 940 000	1 455 000
Total Equity and Debt	6 375 000	13 376 000	11 172 000	3 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 173 000	10 545 000	13 865 000	17 640 000
Other Income	1 769 000	0	0	78 000
Revenue	13 942 000	10 545 000	13 865 000	17 717 000
Cost of Goods Sold	12 475 000	9 093 000	11 025 000	15 007 000
Salary Costs	0	0	1 000	106 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 527 000	9 994 000	13 005 000	16 390 000
Operating Profit	415 000	552 000	859 000	1 327 000
Financial Income	685 000	361 000	56 000	8 000
Financial Costs	779 000	779 000	244 000	0
Financial Balance	−94 000	−418 000	−188 000	8 000
Dividends	0	0	0	0
Net Income	251 000	338 000	358 000	1 191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	265 000	311 000	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	0	0	0	105 000
Total Fixed Assets	265 000	311 000	0	105 000
Stock	4 025 000	3 423 000	3 586 000	0
Total Investments	0	0	0	0
Cash, Bank	108 000	179 000	119 000	−107 000
Total Current Assets	6 111 000	13 065 000	11 172 000	3 008 000
Total Assets	6 375 000	13 376 000	11 172 000	3 113 000
Total Equity	4 823 000	4 572 000	4 232 000	1 658 000
Short-Term Group Debt	635 000	6 901 000	958 000	443 000
Total Long-Term Debt	0	0	0	0
Creditors	10 000	707 000	397 000	0
Unpaid Taxes	279 000	374 000	168 000	359 000
Dividends	0	0	0	0
Other Current Debt	603 000	716 000	4 496 000	510 000
Total Current Debt	1 552 000	8 804 000	6 940 000	1 455 000
Total Equity and Debt	6 375 000	13 376 000	11 172 000	3 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,2 %	7,39 %	8,46 %	71,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,98 %	5,23 %	6,2 %	7,49 %
Current Ratio	3,94	1,48	1,61	2,07
Quick Ratio	−2,47	2,43	3,33	2,07
Equity Ratio	0,76	0,34	0,38	0,53
Gross Profit Margin	10,52 %	13,77 %	20,48 %	15,3 %