2S IT AS

4614 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

188,41 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	468 000	444 000	804 000	172 000
Net Income	−309 000	−80 000	217 000	59 000
Total Assets	44 000	141 000	396 000	116 000
Total Equity	−164 000	146 000	226 000	59 000

Income (NOK)	2021	2020	2019	2018
Revenue	468 000	444 000	804 000	172 000
Expenditure	717 000	524 000	526 000	94 000
Operating Profit	−249 000	−80 000	278 000	79 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−249 000	−80 000	279 000	79 000
Tax	60 000	0	62 000	20 000
Net Income	−309 000	−80 000	217 000	59 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	44 000	141 000	396 000	116 000
Total Assets	44 000	141 000	396 000	116 000
Total Retained Equity	−194 000	116 000	196 000	29 000
Total Equity	−164 000	146 000	226 000	59 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	−4 000	170 000	57 000
Total Equity and Debt	44 000	141 000	396 000	116 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	468 000	444 000	804 000	172 000
Other Income	0	0	0	0
Revenue	468 000	444 000	804 000	172 000
Cost of Goods Sold	40 000	301 000	481 000	79 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	717 000	524 000	526 000	94 000
Operating Profit	−249 000	−80 000	278 000	79 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	50 000	30 000
Net Income	−309 000	−80 000	217 000	59 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	138 000	192 000	114 000
Total Current Assets	44 000	141 000	396 000	116 000
Total Assets	44 000	141 000	396 000	116 000
Total Equity	−164 000	146 000	226 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	0	29 000	−1 000
Unpaid Taxes	1 000	−5 000	28 000	7 000
Dividends	0	0	50 000	30 000
Other Current Debt	118 000	0	0	0
Total Current Debt	208 000	−4 000	170 000	57 000
Total Equity and Debt	44 000	141 000	396 000	116 000

Financial indicators	2021	2020	2019	2018
Return on Equity	188,41 %	−54,79 %	96,02 %	100 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−53,21 %	−18,02 %	34,58 %	45,93 %
Current Ratio	0,21	−35,25	2,33	2,04
Quick Ratio	0,21	−35,25	2,33	2,04
Equity Ratio	−3,73	1,04	0,57	0,51
Gross Profit Margin	91,45 %	32,21 %	40,17 %	54,07 %