ISVANNET AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

−30,84 %

Current Ratio

1,23

Debt-to-Equity Ratio

−3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 493 000	1 609 000	1 391 000	1 128 000
Net Income	99 000	15 000	21 000	−84 000
Total Assets	990 000	1 004 000	1 063 000	1 093 000
Total Equity	−321 000	−420 000	−435 000	−455 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 493 000	1 609 000	1 391 000	1 128 000
Expenditure	2 314 000	1 541 000	1 312 000	1 180 000
Operating Profit	178 000	69 000	79 000	−53 000
Financial Income	0	0	0	0
Financial Costs	52 000	46 000	52 000	54 000
Financial Balance	−52 000	−46 000	−52 000	−54 000
Earnings Before Tax	127 000	22 000	27 000	−107 000
Tax	28 000	7 000	7 000	−23 000
Net Income	99 000	15 000	21 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	710 000	842 000	948 000
Total Current Assets	354 000	294 000	221 000	145 000
Total Assets	990 000	1 004 000	1 063 000	1 093 000
Total Retained Equity	−351 000	−450 000	−465 000	−485 000
Total Equity	−321 000	−420 000	−435 000	−455 000
Total Long-Term Debt	1 023 000	1 094 000	1 165 000	1 231 000
Total Current Debt	288 000	330 000	332 000	317 000
Total Equity and Debt	990 000	1 004 000	1 063 000	1 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 490 000	1 599 000	1 391 000	1 117 000
Other Income	3 000	10 000	0	11 000
Revenue	2 493 000	1 609 000	1 391 000	1 128 000
Cost of Goods Sold	1 383 000	810 000	620 000	372 000
Salary Costs	468 000	372 000	342 000	420 000
Depreciation	126 000	125 000	125 000	136 000
Impairment	0	0	0	0
Expenditure	2 314 000	1 541 000	1 312 000	1 180 000
Operating Profit	178 000	69 000	79 000	−53 000
Financial Income	0	0	0	0
Financial Costs	52 000	46 000	52 000	54 000
Financial Balance	−52 000	−46 000	−52 000	−54 000
Dividends	0	0	0	0
Net Income	99 000	15 000	21 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	327 000	396 000	464 000	533 000
Total Intangible Assets	420 000	517 000	593 000	668 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	145 000	96 000	125 000	155 000
Fixtures	46 000	72 000	98 000	125 000
Total Tangible Assets	191 000	168 000	224 000	280 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	0
Total Fixed Assets	636 000	710 000	842 000	948 000
Stock	141 000	127 000	117 000	38 000
Total Investments	0	0	0	0
Cash, Bank	73 000	103 000	60 000	39 000
Total Current Assets	354 000	294 000	221 000	145 000
Total Assets	990 000	1 004 000	1 063 000	1 093 000
Total Equity	−321 000	−420 000	−435 000	−455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 023 000	1 094 000	1 165 000	1 231 000
Creditors	55 000	72 000	66 000	72 000
Unpaid Taxes	44 000	30 000	27 000	34 000
Dividends	0	0	0	0
Other Current Debt	189 000	228 000	239 000	205 000
Total Current Debt	288 000	330 000	332 000	317 000
Total Equity and Debt	990 000	1 004 000	1 063 000	1 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,84 %	−3,57 %	−4,83 %	18,46 %
Debt-to-Equity Ratio	−3,19	−2,6	−2,68	−2,71
Operating Profit Margin	7,14 %	4,29 %	5,68 %	−4,7 %
Current Ratio	1,23	0,89	0,67	0,46
Quick Ratio	2,41	1,45	1,03	0,52
Equity Ratio	−0,32	−0,42	−0,41	−0,42
Gross Profit Margin	44,52 %	49,66 %	55,43 %	67,02 %