PSIT SOFTWARE AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

73,63 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 488 000	3 528 000	2 336 000	2 070 000
Net Income	754 000	339 000	197 000	59 000
Total Assets	2 175 000	1 301 000	882 000	576 000
Total Equity	1 024 000	270 000	281 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 488 000	3 528 000	2 336 000	2 070 000
Expenditure	3 517 000	3 091 000	2 082 000	1 990 000
Operating Profit	971 000	437 000	254 000	80 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	9 000	3 000	3 000	6 000
Financial Balance	−5 000	−2 000	−2 000	−5 000
Earnings Before Tax	966 000	435 000	252 000	75 000
Tax	213 000	96 000	56 000	17 000
Net Income	754 000	339 000	197 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	180 000	114 000	156 000
Total Current Assets	1 508 000	1 121 000	767 000	420 000
Total Assets	2 175 000	1 301 000	882 000	576 000
Total Retained Equity	793 000	39 000	50 000	53 000
Total Equity	1 024 000	270 000	281 000	284 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	1 148 000	1 031 000	601 000	293 000
Total Equity and Debt	2 175 000	1 301 000	882 000	576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 488 000	3 528 000	2 336 000	2 070 000
Other Income	0	0	0	0
Revenue	4 488 000	3 528 000	2 336 000	2 070 000
Cost of Goods Sold	59 000	434 000	124 000	217 000
Salary Costs	1 821 000	1 697 000	1 365 000	1 253 000
Depreciation	38 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	3 517 000	3 091 000	2 082 000	1 990 000
Operating Profit	971 000	437 000	254 000	80 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	9 000	3 000	3 000	6 000
Financial Balance	−5 000	−2 000	−2 000	−5 000
Dividends	0	150 000	200 000	0
Net Income	754 000	339 000	197 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	2 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	336 000	0	20 000	26 000
Fixtures	233 000	78 000	93 000	122 000
Total Tangible Assets	570 000	78 000	113 000	148 000
Total Fiancial Fixed Assets	97 000	97 000	0	0
Total Fixed Assets	666 000	180 000	114 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 500 000	930 000	683 000	340 000
Total Current Assets	1 508 000	1 121 000	767 000	420 000
Total Assets	2 175 000	1 301 000	882 000	576 000
Total Equity	1 024 000	270 000	281 000	284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	174 000	180 000	129 000	122 000
Unpaid Taxes	214 000	282 000	105 000	73 000
Dividends	0	150 000	200 000	0
Other Current Debt	406 000	319 000	118 000	97 000
Total Current Debt	1 148 000	1 031 000	601 000	293 000
Total Equity and Debt	2 175 000	1 301 000	882 000	576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,63 %	125,56 %	70,11 %	20,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,64 %	12,39 %	10,87 %	3,86 %
Current Ratio	1,31	1,09	1,28	1,43
Quick Ratio	1,31	1,09	1,28	1,43
Equity Ratio	0,47	0,21	0,32	0,49
Gross Profit Margin	98,69 %	87,7 %	94,69 %	89,52 %