IOTNETT AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

40,91 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	54 000	100 000	1 176 000
Net Income	9 000	−19 000	3 000	7 000
Total Assets	46 000	30 000	31 000	180 000
Total Equity	22 000	13 000	33 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	54 000	100 000	1 176 000
Expenditure	36 000	74 000	96 000	1 168 000
Operating Profit	12 000	−19 000	4 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	12 000	−19 000	4 000	9 000
Tax	3 000	0	1 000	2 000
Net Income	9 000	−19 000	3 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	46 000	30 000	31 000	180 000
Total Assets	46 000	30 000	31 000	180 000
Total Retained Equity	−8 000	−10 000	10 000	7 000
Total Equity	22 000	13 000	33 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	16 000	−1 000	150 000
Total Equity and Debt	46 000	30 000	31 000	180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	61 000	25 000	1 176 000
Other Income	0	−8 000	75 000	0
Revenue	48 000	54 000	100 000	1 176 000
Cost of Goods Sold	18 000	27 000	1 000	0
Salary Costs	0	3 000	8 000	1 126 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 000	74 000	96 000	1 168 000
Operating Profit	12 000	−19 000	4 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	9 000	−19 000	3 000	7 000

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	45 000	30 000	31 000	180 000
Total Current Assets	46 000	30 000	31 000	180 000
Total Assets	46 000	30 000	31 000	180 000
Total Equity	22 000	13 000	33 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	20 000	2 000	0
Unpaid Taxes	−2 000	−6 000	−7 000	28 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	120 000
Total Current Debt	24 000	16 000	−1 000	150 000
Total Equity and Debt	46 000	30 000	31 000	180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,91 %	−146,15 %	9,09 %	24,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	−35,19 %	4 %	0,77 %
Current Ratio	1,92	1,88	−31	1,2
Quick Ratio	1,92	1,88	−31	1,2
Equity Ratio	0,48	0,43	1,06	0,16
Gross Profit Margin	62,5 %	50 %	99 %	100 %