ISEALATE AS

4032 STAVANGER

Finances

Share Ownership

Return on Equity

−135,3 %

Current Ratio

4,29

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 177 000	2 583 000	867 000	7 020 000
Net Income	−5 416 000	−2 007 000	−1 850 000	2 202 000
Total Assets	7 686 000	3 662 000	2 270 000	3 043 000
Total Equity	4 003 000	−1 581 000	286 000	1 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 177 000	2 583 000	867 000	7 020 000
Expenditure	9 449 000	4 613 000	2 686 000	4 886 000
Operating Profit	−5 271 000	−2 030 000	−1 818 000	2 134 000
Financial Income	42 000	40 000	17 000	113 000
Financial Costs	187 000	17 000	54 000	42 000
Financial Balance	−145 000	23 000	−37 000	71 000
Earnings Before Tax	−5 416 000	−2 007 000	−1 855 000	2 206 000
Tax	0	0	−4 000	4 000
Net Income	−5 416 000	−2 007 000	−1 850 000	2 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 174 000	0	0	0
Total Current Assets	5 512 000	3 662 000	2 270 000	3 043 000
Total Assets	7 686 000	3 662 000	2 270 000	3 043 000
Total Retained Equity	−1 756 000	−1 756 000	0	1 391 000
Total Equity	4 003 000	−1 581 000	286 000	1 836 000
Total Long-Term Debt	2 400 000	2 714 000	1 512 000	312 000
Total Current Debt	1 284 000	2 530 000	472 000	896 000
Total Equity and Debt	7 686 000	3 662 000	2 270 000	3 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 177 000	2 188 000	0	0
Other Income	0	395 000	867 000	7 020 000
Revenue	4 177 000	2 583 000	867 000	7 020 000
Cost of Goods Sold	2 924 000	489 000	0	0
Salary Costs	2 185 000	1 362 000	894 000	1 466 000
Depreciation	276 000	0	0	0
Impairment	0	0	0	0
Expenditure	9 449 000	4 613 000	2 686 000	4 886 000
Operating Profit	−5 271 000	−2 030 000	−1 818 000	2 134 000
Financial Income	42 000	40 000	17 000	113 000
Financial Costs	187 000	17 000	54 000	42 000
Financial Balance	−145 000	23 000	−37 000	71 000
Dividends	0	0	0	0
Net Income	−5 416 000	−2 007 000	−1 850 000	2 202 000

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	2 174 000	0	0	0
Total Tangible Assets	2 174 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 174 000	0	0	0
Stock	0	932 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 532 000	550 000	864 000	776 000
Total Current Assets	5 512 000	3 662 000	2 270 000	3 043 000
Total Assets	7 686 000	3 662 000	2 270 000	3 043 000
Total Equity	4 003 000	−1 581 000	286 000	1 836 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 714 000	1 512 000	312 000
Creditors	758 000	822 000	182 000	644 000
Unpaid Taxes	204 000	137 000	109 000	114 000
Dividends	0	0	0	0
Other Current Debt	322 000	1 570 000	181 000	134 000
Total Current Debt	1 284 000	2 530 000	472 000	896 000
Total Equity and Debt	7 686 000	3 662 000	2 270 000	3 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−135,3 %	126,94 %	−646,85 %	119,93 %
Debt-to-Equity Ratio	0,6	−1,72	5,29	0,17
Operating Profit Margin	−126,19 %	−78,59 %	−209,69 %	30,4 %
Current Ratio	4,29	1,45	4,81	3,4
Quick Ratio	4,29	2,29	4,81	3,4
Equity Ratio	0,52	−0,43	0,13	0,6
Gross Profit Margin	30 %	81,07 %	100 %	100 %