ON IT TECHNOLOGIES AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

88,83 %

Current Ratio

2,14

Debt-to-Equity Ratio

−1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	298 000	98 000	95 000
Net Income	−183 000	−161 000	34 000	90 000
Total Assets	280 000	256 000	255 000	168 000
Total Equity	−206 000	−23 000	138 000	−196 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	298 000	98 000	95 000
Expenditure	208 000	491 000	62 000	68 000
Operating Profit	−73 000	−193 000	35 000	27 000
Financial Income	1 000	−2 000	1 000	0
Financial Costs	1 000	11 000	4 000	1 000
Financial Balance	0	−13 000	−3 000	−1 000
Earnings Before Tax	−73 000	−205 000	32 000	26 000
Tax	110 000	−44 000	−2 000	0
Net Income	−183 000	−161 000	34 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 000	201 000	225 000	64 000
Total Current Assets	178 000	55 000	30 000	104 000
Total Assets	280 000	256 000	255 000	168 000
Total Retained Equity	−531 000	−348 000	−186 000	−221 000
Total Equity	−206 000	−23 000	138 000	−196 000
Total Long-Term Debt	404 000	273 000	111 000	301 000
Total Current Debt	83 000	6 000	5 000	64 000
Total Equity and Debt	280 000	256 000	255 000	168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	298 000	98 000	95 000
Other Income	0	0	0	0
Revenue	135 000	298 000	98 000	95 000
Cost of Goods Sold	43 000	245 000	−37 000	23 000
Salary Costs	0	0	0	0
Depreciation	38 000	68 000	63 000	0
Impairment	0	0	0	0
Expenditure	208 000	491 000	62 000	68 000
Operating Profit	−73 000	−193 000	35 000	27 000
Financial Income	1 000	−2 000	1 000	0
Financial Costs	1 000	11 000	4 000	1 000
Financial Balance	0	−13 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−183 000	−161 000	34 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	110 000	66 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	102 000	91 000	159 000	0
Fixtures	0	0	0	0
Total Tangible Assets	102 000	91 000	159 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	102 000	201 000	225 000	64 000
Stock	44 000	46 000	16 000	35 000
Total Investments	0	0	0	0
Cash, Bank	62 000	8 000	3 000	13 000
Total Current Assets	178 000	55 000	30 000	104 000
Total Assets	280 000	256 000	255 000	168 000
Total Equity	−206 000	−23 000	138 000	−196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	404 000	273 000	111 000	301 000
Creditors	8 000	5 000	0	54 000
Unpaid Taxes	75 000	4 000	5 000	9 000
Dividends	0	0	0	0
Other Current Debt	0	−3 000	0	0
Total Current Debt	83 000	6 000	5 000	64 000
Total Equity and Debt	280 000	256 000	255 000	168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,83 %	700 %	24,64 %	−45,92 %
Debt-to-Equity Ratio	−1,96	−11,87	0,8	−1,54
Operating Profit Margin	−54,07 %	−64,77 %	35,71 %	28,42 %
Current Ratio	2,14	9,17	6	1,63
Quick Ratio	4,56	−1,38	−2,73	3,59
Equity Ratio	−0,74	−0,09	0,54	−1,17
Gross Profit Margin	68,15 %	17,79 %	137,76 %	75,79 %