INSU EL TECH AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

−12,99 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	260 000	0	100 000	0
Net Income	−119 000	16 000	−48 000	−1 000
Total Assets	1 263 000	573 000	49 000	24 000
Total Equity	916 000	−8 000	−24 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	260 000	0	100 000	0
Expenditure	377 000	−16 000	148 000	1 000
Operating Profit	−117 000	16 000	−48 000	−1 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	−119 000	16 000	−48 000	−1 000
Tax	0	0	0	0
Net Income	−119 000	16 000	−48 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	660 000	215 000	0	0
Total Current Assets	603 000	358 000	49 000	24 000
Total Assets	1 263 000	573 000	49 000	24 000
Total Retained Equity	−152 000	−33 000	−49 000	−1 000
Total Equity	916 000	−8 000	−24 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	347 000	581 000	74 000	1 000
Total Equity and Debt	1 263 000	573 000	49 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	260 000	0	0	0
Other Income	0	0	100 000	0
Revenue	260 000	0	100 000	0
Cost of Goods Sold	89 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	377 000	−16 000	148 000	1 000
Operating Profit	−117 000	16 000	−48 000	−1 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	−119 000	16 000	−48 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	660 000	215 000	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	660 000	215 000	0	0
Stock	216 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	250 000	49 000	24 000
Total Current Assets	603 000	358 000	49 000	24 000
Total Assets	1 263 000	573 000	49 000	24 000
Total Equity	916 000	−8 000	−24 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	338 000	81 000	72 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	500 000	2 000	0
Total Current Debt	347 000	581 000	74 000	1 000
Total Equity and Debt	1 263 000	573 000	49 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,99 %	−200 %	200 %	−4,35 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	−45 %	-	−48 %	-
Current Ratio	1,74	0,62	0,66	24
Quick Ratio	4,6	0,62	0,66	24
Equity Ratio	0,73	−0,01	−0,49	0,96
Gross Profit Margin	65,77 %	-	100 %	-