NORTHERN ISLANDS TECHNOLOGY AS

6293 LONGVA

Finances

Share Ownership

Return on Equity

5,83 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 154 000	0	0	0
Net Income	384 000	−11 000	−19 000	−1 000
Total Assets	30 772 000	120 000	120 000	120 000
Total Equity	6 590 000	106 000	120 000	120 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 154 000	0	0	0
Expenditure	30 121 000	11 000	23 000	0
Operating Profit	1 033 000	−11 000	−23 000	0
Financial Income	76 000	1 000	0	0
Financial Costs	613 000	3 000	1 000	1 000
Financial Balance	−537 000	−2 000	−1 000	−1 000
Earnings Before Tax	496 000	−14 000	−24 000	−1 000
Tax	111 000	−3 000	−5 000	0
Net Income	384 000	−11 000	−19 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 025 000	0	0	0
Total Current Assets	28 747 000	120 000	120 000	120 000
Total Assets	30 772 000	120 000	120 000	120 000
Total Retained Equity	384 000	0	0	0
Total Equity	6 590 000	106 000	120 000	120 000
Total Long-Term Debt	93 000	0	0	0
Total Current Debt	24 088 000	14 000	0	0
Total Equity and Debt	30 772 000	120 000	120 000	120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 018 000	0	0	0
Other Income	136 000	0	0	0
Revenue	31 154 000	0	0	0
Cost of Goods Sold	8 538 000	0	0	0
Salary Costs	17 073 000	0	0	0
Depreciation	262 000	0	0	0
Impairment	0	0	0	0
Expenditure	30 121 000	11 000	23 000	0
Operating Profit	1 033 000	−11 000	−23 000	0
Financial Income	76 000	1 000	0	0
Financial Costs	613 000	3 000	1 000	1 000
Financial Balance	−537 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	384 000	−11 000	−19 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	160 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	688 000	0	0	0
Fixtures	1 177 000	0	0	0
Total Tangible Assets	1 865 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 025 000	0	0	0
Stock	15 706 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 015 000	0	0	0
Total Current Assets	28 747 000	120 000	120 000	120 000
Total Assets	30 772 000	120 000	120 000	120 000
Total Equity	6 590 000	106 000	120 000	120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 000	0	0	0
Creditors	5 612 000	0	0	0
Unpaid Taxes	2 971 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 365 000	14 000	0	0
Total Current Debt	24 088 000	14 000	0	0
Total Equity and Debt	30 772 000	120 000	120 000	120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,83 %	−10,38 %	−15,83 %	−0,83 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	3,32 %	-	-	-
Current Ratio	1,19	8,57	-	-
Quick Ratio	3,43	8,57	-	-
Equity Ratio	0,21	0,88	1	1
Gross Profit Margin	72,59 %	-	-	-