INTERNATIONAL CENTRE FOR EDTECH IMPACT AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

−14,29 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	31 000	15 000	0
Net Income	1 000	−27 000	−24 000	−51 000
Total Assets	5 000	8 000	27 000	54 000
Total Equity	−7 000	8 000	20 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	31 000	15 000	0
Expenditure	9 000	58 000	39 000	50 000
Operating Profit	0	−27 000	−24 000	−51 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	1 000	−27 000	−24 000	−51 000
Tax	0	0	0	0
Net Income	1 000	−27 000	−24 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 000	8 000	27 000	54 000
Total Assets	5 000	8 000	27 000	54 000
Total Retained Equity	−101 000	−92 000	−75 000	−51 000
Total Equity	−7 000	8 000	20 000	43 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	0	7 000	11 000
Total Equity and Debt	5 000	8 000	27 000	54 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	31 000	15 000	0
Other Income	0	0	0	0
Revenue	9 000	31 000	15 000	0
Cost of Goods Sold	0	58 000	1 000	39 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	58 000	39 000	50 000
Operating Profit	0	−27 000	−24 000	−51 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	1 000	−27 000	−24 000	−51 000

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	5 000	5 000	25 000	54 000
Total Current Assets	5 000	8 000	27 000	54 000
Total Assets	5 000	8 000	27 000	54 000
Total Equity	−7 000	8 000	20 000	43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	7 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	0	0	2 000
Total Current Debt	11 000	0	7 000	11 000
Total Equity and Debt	5 000	8 000	27 000	54 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,29 %	−337,5 %	−120 %	−118,6 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	0 %	−87,1 %	−160 %	-
Current Ratio	0,45	-	3,86	4,91
Quick Ratio	0,45	-	3,86	4,91
Equity Ratio	−1,4	1	0,74	0,8
Gross Profit Margin	100 %	−87,1 %	93,33 %	-