IOT VALUE AS

1396 BILLINGSTAD

Finances

Return on Equity

727,59 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 883 000	2 265 000	1 076 000	616 000
Net Income	633 000	290 000	43 000	288 000
Total Assets	1 696 000	1 004 000	448 000	140 000
Total Equity	87 000	254 000	164 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 883 000	2 265 000	1 076 000	616 000
Expenditure	3 144 000	1 910 000	1 126 000	327 000
Operating Profit	814 000	374 000	60 000	288 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	814 000	374 000	60 000	288 000
Tax	181 000	84 000	16 000	0
Net Income	633 000	290 000	43 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	0	0	0
Total Current Assets	1 659 000	1 004 000	448 000	140 000
Total Assets	1 696 000	1 004 000	448 000	140 000
Total Retained Equity	93 000	260 000	170 000	127 000
Total Equity	87 000	254 000	164 000	121 000
Total Long-Term Debt	1 000	0	16 000	0
Total Current Debt	1 607 000	750 000	267 000	19 000
Total Equity and Debt	1 696 000	1 004 000	448 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 883 000	2 265 000	1 076 000	616 000
Other Income	0	0	0	0
Revenue	3 883 000	2 265 000	1 076 000	616 000
Cost of Goods Sold	1 764 000	1 016 000	747 000	1 000
Salary Costs	1 174 000	785 000	282 000	−7 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 144 000	1 910 000	1 126 000	327 000
Operating Profit	814 000	374 000	60 000	288 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	800 000	200 000	0	0
Net Income	633 000	290 000	43 000	288 000

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	37 000	0	0	0
Total Tangible Assets	37 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	0	0	0
Stock	204 000	129 000	110 000	0
Total Investments	15 000	0	0	0
Cash, Bank	874 000	468 000	145 000	118 000
Total Current Assets	1 659 000	1 004 000	448 000	140 000
Total Assets	1 696 000	1 004 000	448 000	140 000
Total Equity	87 000	254 000	164 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	16 000	0
Creditors	133 000	141 000	147 000	0
Unpaid Taxes	282 000	237 000	96 000	0
Dividends	800 000	200 000	0	0
Other Current Debt	212 000	71 000	24 000	19 000
Total Current Debt	1 607 000	750 000	267 000	19 000
Total Equity and Debt	1 696 000	1 004 000	448 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	727,59 %	114,17 %	26,22 %	238,02 %
Debt-to-Equity Ratio	0,01	0	0,1	0
Operating Profit Margin	20,96 %	16,51 %	5,58 %	46,75 %
Current Ratio	1,03	1,34	1,68	7,37
Quick Ratio	1,18	1,62	2,85	7,37
Equity Ratio	0,05	0,25	0,37	0,86
Gross Profit Margin	54,57 %	55,14 %	30,58 %	99,84 %