GENIE IT SOLUTIONS AS

3229 SANDEFJORD

Finances

Share Ownership

Return on Equity

27,84 %

Current Ratio

4,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 344 000	6 921 000	2 315 000	3 276 000
Net Income	1 124 000	2 753 000	−274 000	476 000
Total Assets	5 254 000	4 266 000	614 000	1 379 000
Total Equity	4 037 000	2 913 000	309 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 344 000	6 921 000	2 315 000	3 276 000
Expenditure	4 854 000	3 548 000	2 592 000	2 668 000
Operating Profit	1 490 000	3 373 000	−276 000	609 000
Financial Income	32 000	3 000	2 000	2 000
Financial Costs	3 000	0	0	1 000
Financial Balance	29 000	3 000	2 000	1 000
Earnings Before Tax	1 519 000	3 375 000	−274 000	610 000
Tax	395 000	622 000	0	134 000
Net Income	1 124 000	2 753 000	−274 000	476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 254 000	4 266 000	614 000	1 379 000
Total Assets	5 254 000	4 266 000	614 000	1 379 000
Total Retained Equity	4 007 000	2 883 000	279 000	554 000
Total Equity	4 037 000	2 913 000	309 000	584 000
Total Long-Term Debt	0	0	0	200 000
Total Current Debt	1 217 000	1 354 000	305 000	595 000
Total Equity and Debt	5 254 000	4 266 000	614 000	1 379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 344 000	6 921 000	2 315 000	3 276 000
Other Income	0	0	0	0
Revenue	6 344 000	6 921 000	2 315 000	3 276 000
Cost of Goods Sold	103 000	28 000	106 000	51 000
Salary Costs	2 134 000	1 891 000	1 226 000	1 592 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 854 000	3 548 000	2 592 000	2 668 000
Operating Profit	1 490 000	3 373 000	−276 000	609 000
Financial Income	32 000	3 000	2 000	2 000
Financial Costs	3 000	0	0	1 000
Financial Balance	29 000	3 000	2 000	1 000
Dividends	0	150 000	0	0
Net Income	1 124 000	2 753 000	−274 000	476 000

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	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	4 296 000	4 266 000	260 000	619 000
Total Current Assets	5 254 000	4 266 000	614 000	1 379 000
Total Assets	5 254 000	4 266 000	614 000	1 379 000
Total Equity	4 037 000	2 913 000	309 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	200 000
Creditors	163 000	4 000	5 000	16 000
Unpaid Taxes	450 000	472 000	178 000	284 000
Dividends	0	150 000	0	0
Other Current Debt	269 000	46 000	122 000	161 000
Total Current Debt	1 217 000	1 354 000	305 000	595 000
Total Equity and Debt	5 254 000	4 266 000	614 000	1 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,84 %	94,51 %	−88,67 %	81,51 %
Debt-to-Equity Ratio	0	0	0	0,34
Operating Profit Margin	23,49 %	48,74 %	−11,92 %	18,59 %
Current Ratio	4,32	3,15	2,01	2,32
Quick Ratio	4,32	3,15	2,01	2,32
Equity Ratio	0,77	0,68	0,5	0,42
Gross Profit Margin	98,38 %	99,6 %	95,42 %	98,44 %