IOT SOLUTIONS AS

4621 KRISTIANSAND S

Finances

Return on Equity

0,91 %

Current Ratio

2,35

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 539 000	5 476 000	9 561 000	4 546 000
Net Income	89 000	55 000	1 439 000	79 000
Total Assets	24 626 000	14 623 000	11 665 000	7 580 000
Total Equity	9 819 000	7 230 000	7 175 000	5 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 539 000	5 476 000	9 561 000	4 546 000
Expenditure	8 995 000	5 218 000	6 858 000	4 284 000
Operating Profit	544 000	259 000	1 914 000	172 000
Financial Income	3 000	1 000	9 000	5 000
Financial Costs	435 000	181 000	79 000	75 000
Financial Balance	−432 000	−180 000	−70 000	−70 000
Earnings Before Tax	112 000	79 000	1 845 000	102 000
Tax	23 000	24 000	405 000	23 000
Net Income	89 000	55 000	1 439 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 799 000	10 521 000	5 903 000	5 318 000
Total Current Assets	8 826 000	4 102 000	5 762 000	2 262 000
Total Assets	24 626 000	14 623 000	11 665 000	7 580 000
Total Retained Equity	1 374 000	1 285 000	1 230 000	−210 000
Total Equity	9 819 000	7 230 000	7 175 000	5 590 000
Total Long-Term Debt	11 055 000	5 825 000	2 100 000	1 000 000
Total Current Debt	3 752 000	1 568 000	2 390 000	990 000
Total Equity and Debt	24 626 000	14 623 000	11 665 000	7 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 539 000	3 426 000	9 055 000	4 517 000
Other Income	0	2 050 000	506 000	30 000
Revenue	9 539 000	5 476 000	9 561 000	4 546 000
Cost of Goods Sold	3 118 000	681 000	0	0
Salary Costs	2 957 000	2 995 000	5 433 000	3 004 000
Depreciation	990 000	460 000	460 000	0
Impairment	0	0	0	0
Expenditure	8 995 000	5 218 000	6 858 000	4 284 000
Operating Profit	544 000	259 000	1 914 000	172 000
Financial Income	3 000	1 000	9 000	5 000
Financial Costs	435 000	181 000	79 000	75 000
Financial Balance	−432 000	−180 000	−70 000	−70 000
Dividends	0	0	0	0
Net Income	89 000	55 000	1 439 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 365 000	10 458 000	5 840 000	5 255 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	234 000	0	0	0
Total Tangible Assets	234 000	0	0	0
Total Fiancial Fixed Assets	201 000	63 000	63 000	63 000
Total Fixed Assets	15 799 000	10 521 000	5 903 000	5 318 000
Stock	179 000	93 000	73 000	64 000
Total Investments	0	0	0	0
Cash, Bank	5 974 000	3 274 000	678 000	1 583 000
Total Current Assets	8 826 000	4 102 000	5 762 000	2 262 000
Total Assets	24 626 000	14 623 000	11 665 000	7 580 000
Total Equity	9 819 000	7 230 000	7 175 000	5 590 000
Short-Term Group Debt	104 000	0	0	0
Total Long-Term Debt	11 055 000	5 825 000	2 100 000	1 000 000
Creditors	1 039 000	186 000	157 000	306 000
Unpaid Taxes	1 456 000	614 000	1 243 000	454 000
Dividends	0	0	0	0
Other Current Debt	1 153 000	744 000	640 000	591 000
Total Current Debt	3 752 000	1 568 000	2 390 000	990 000
Total Equity and Debt	24 626 000	14 623 000	11 665 000	7 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,91 %	0,76 %	20,06 %	1,41 %
Debt-to-Equity Ratio	1,13	0,81	0,29	0,18
Operating Profit Margin	5,7 %	4,73 %	20,02 %	3,78 %
Current Ratio	2,35	2,62	2,41	2,28
Quick Ratio	2,47	2,78	2,49	2,44
Equity Ratio	0,4	0,49	0,62	0,74
Gross Profit Margin	67,31 %	87,56 %	100 %	100 %