INFOTECH AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

−7,91 %

Current Ratio

1,02

Debt-to-Equity Ratio

4,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 053 000	23 065 000	23 104 000	21 933 000
Net Income	−77 000	−683 000	−97 000	1 800 000
Total Assets	9 052 000	9 482 000	15 344 000	14 072 000
Total Equity	973 000	1 050 000	1 733 000	1 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 053 000	23 065 000	23 104 000	21 933 000
Expenditure	23 942 000	23 534 000	22 914 000	19 420 000
Operating Profit	111 000	−469 000	190 000	2 513 000
Financial Income	10 000	14 000	8 000	9 000
Financial Costs	198 000	228 000	187 000	196 000
Financial Balance	−188 000	−214 000	−179 000	−187 000
Earnings Before Tax	−77 000	−683 000	11 000	2 326 000
Tax	0	0	108 000	526 000
Net Income	−77 000	−683 000	−97 000	1 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 115 000	5 886 000	10 655 000	10 176 000
Total Current Assets	3 937 000	3 596 000	4 689 000	3 897 000
Total Assets	9 052 000	9 482 000	15 344 000	14 072 000
Total Retained Equity	943 000	1 020 000	1 703 000	1 800 000
Total Equity	973 000	1 050 000	1 733 000	1 830 000
Total Long-Term Debt	4 232 000	3 564 000	9 369 000	7 578 000
Total Current Debt	3 846 000	4 868 000	4 241 000	4 664 000
Total Equity and Debt	9 052 000	9 482 000	15 344 000	14 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 030 000	23 005 000	23 069 000	21 807 000
Other Income	23 000	61 000	34 000	126 000
Revenue	24 053 000	23 065 000	23 104 000	21 933 000
Cost of Goods Sold	215 000	405 000	166 000	142 000
Salary Costs	10 629 000	12 103 000	12 814 000	11 809 000
Depreciation	2 306 000	1 359 000	1 826 000	1 533 000
Impairment	0	0	0	0
Expenditure	23 942 000	23 534 000	22 914 000	19 420 000
Operating Profit	111 000	−469 000	190 000	2 513 000
Financial Income	10 000	14 000	8 000	9 000
Financial Costs	198 000	228 000	187 000	196 000
Financial Balance	−188 000	−214 000	−179 000	−187 000
Dividends	0	0	0	0
Net Income	−77 000	−683 000	−97 000	1 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 767 000	1 200 000	0	0
Real Eastate	0	0	6 289 000	5 069 000
Machinery and Plant Facilities	2 854 000	1 510 000	774 000	1 722 000
Fixtures	242 000	2 923 000	3 292 000	2 958 000
Total Tangible Assets	3 096 000	4 433 000	10 355 000	9 750 000
Total Fiancial Fixed Assets	252 000	252 000	300 000	426 000
Total Fixed Assets	5 115 000	5 886 000	10 655 000	10 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	381 000	584 000	727 000	620 000
Total Current Assets	3 937 000	3 596 000	4 689 000	3 897 000
Total Assets	9 052 000	9 482 000	15 344 000	14 072 000
Total Equity	973 000	1 050 000	1 733 000	1 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 232 000	3 564 000	9 369 000	7 578 000
Creditors	0	0	0	0
Unpaid Taxes	2 178 000	2 513 000	1 804 000	1 704 000
Dividends	0	0	0	0
Other Current Debt	1 668 000	2 355 000	2 330 000	2 433 000
Total Current Debt	3 846 000	4 868 000	4 241 000	4 664 000
Total Equity and Debt	9 052 000	9 482 000	15 344 000	14 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,91 %	−65,05 %	−5,6 %	98,36 %
Debt-to-Equity Ratio	4,35	3,39	5,41	4,14
Operating Profit Margin	0,46 %	−2,03 %	0,82 %	11,46 %
Current Ratio	1,02	0,74	1,11	0,84
Quick Ratio	1,02	0,74	1,11	0,84
Equity Ratio	0,11	0,11	0,11	0,13
Gross Profit Margin	99,11 %	98,24 %	99,28 %	99,35 %