IOTNORDIC AS

5114 TERTNES

Finances

Return on Equity

0 %

Current Ratio

0,38

Debt-to-Equity Ratio

9,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	319 000	679 000	711 000
Net Income	0	−254 000	42 000	132 000
Total Assets	1 686 000	1 750 000	1 640 000	1 778 000
Total Equity	86 000	85 000	90 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	319 000	679 000	711 000
Expenditure	403 000	509 000	624 000	541 000
Operating Profit	34 000	−190 000	55 000	169 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	34 000	−190 000	54 000	169 000
Tax	33 000	64 000	12 000	37 000
Net Income	0	−254 000	42 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 389 000	1 446 000	1 374 000	1 322 000
Total Current Assets	297 000	304 000	266 000	456 000
Total Assets	1 686 000	1 750 000	1 640 000	1 778 000
Total Retained Equity	−194 000	−195 000	60 000	17 000
Total Equity	86 000	85 000	90 000	47 000
Total Long-Term Debt	821 000	821 000	1 000 000	1 000 000
Total Current Debt	780 000	844 000	550 000	730 000
Total Equity and Debt	1 687 000	1 750 000	1 640 000	1 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	436 000	307 000	679 000	711 000
Other Income	0	12 000	0	0
Revenue	436 000	319 000	679 000	711 000
Cost of Goods Sold	65 000	7 000	34 000	0
Salary Costs	20 000	52 000	27 000	24 000
Depreciation	0	7 000	6 000	0
Impairment	0	0	0	0
Expenditure	403 000	509 000	624 000	541 000
Operating Profit	34 000	−190 000	55 000	169 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Dividends	0	0	0	100 000
Net Income	0	−254 000	42 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	57 000	58 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	11 000	16 000	22 000
Total Tangible Assets	11 000	67 000	74 000	22 000
Total Fiancial Fixed Assets	1 378 000	1 378 000	1 300 000	1 300 000
Total Fixed Assets	1 389 000	1 446 000	1 374 000	1 322 000
Stock	0	0	0	0
Total Investments	228 000	228 000	228 000	228 000
Cash, Bank	66 000	33 000	−25 000	466 000
Total Current Assets	297 000	304 000	266 000	456 000
Total Assets	1 686 000	1 750 000	1 640 000	1 778 000
Total Equity	86 000	85 000	90 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	821 000	821 000	1 000 000	1 000 000
Creditors	540 000	557 000	399 000	314 000
Unpaid Taxes	0	−11 000	−3 000	−12 000
Dividends	0	0	0	100 000
Other Current Debt	108 000	198 000	102 000	300 000
Total Current Debt	780 000	844 000	550 000	730 000
Total Equity and Debt	1 687 000	1 750 000	1 640 000	1 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−298,82 %	46,67 %	280,85 %
Debt-to-Equity Ratio	9,55	9,66	11,11	21,28
Operating Profit Margin	7,8 %	−59,56 %	8,1 %	23,77 %
Current Ratio	0,38	0,36	0,48	0,62
Quick Ratio	0,38	0,36	0,48	0,62
Equity Ratio	0,05	0,05	0,05	0,03
Gross Profit Margin	85,09 %	97,81 %	94,99 %	100 %