ISVATNET AS

0191 OSLO

Finances

Return on Equity

−4,62 %

Current Ratio

1,46

Debt-to-Equity Ratio

4,23

Key figures (NOK)	2022	2021	2020
Revenue	2 239 000	2 698 000	2 660 000
Net Income	−6 000	923 000	226 000
Total Assets	1 388 000	2 114 000	1 368 000
Total Equity	130 000	709 000	136 000

Income (NOK)	2022	2021	2020
Revenue	2 239 000	2 698 000	2 660 000
Expenditure	3 169 000	1 680 000	2 348 000
Operating Profit	−930 000	1 018 000	312 000
Financial Income	937 000	140 000	0
Financial Costs	13 000	13 000	20 000
Financial Balance	924 000	127 000	−20 000
Earnings Before Tax	−6 000	1 145 000	291 000
Tax	0	222 000	65 000
Net Income	−6 000	923 000	226 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	354 000	990 000	878 000
Total Current Assets	1 033 000	1 124 000	489 000
Total Assets	1 388 000	2 114 000	1 368 000
Total Retained Equity	90 000	669 000	96 000
Total Equity	130 000	709 000	136 000
Total Long-Term Debt	550 000	617 000	683 000
Total Current Debt	707 000	788 000	548 000
Total Equity and Debt	1 388 000	2 114 000	1 368 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 239 000	2 698 000	2 660 000
Other Income	0	0	0
Revenue	2 239 000	2 698 000	2 660 000
Cost of Goods Sold	291 000	5 000	38 000
Salary Costs	2 468 000	1 477 000	2 070 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 169 000	1 680 000	2 348 000
Operating Profit	−930 000	1 018 000	312 000
Financial Income	937 000	140 000	0
Financial Costs	13 000	13 000	20 000
Financial Balance	924 000	127 000	−20 000
Dividends	573 000	350 000	130 000
Net Income	−6 000	923 000	226 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	11 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	354 000	350 000	68 000
Total Tangible Assets	354 000	350 000	68 000
Total Fiancial Fixed Assets	0	640 000	800 000
Total Fixed Assets	354 000	990 000	878 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	651 000	1 072 000	151 000
Total Current Assets	1 033 000	1 124 000	489 000
Total Assets	1 388 000	2 114 000	1 368 000
Total Equity	130 000	709 000	136 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	550 000	617 000	683 000
Creditors	2 000	2 000	5 000
Unpaid Taxes	254 000	53 000	136 000
Dividends	573 000	350 000	130 000
Other Current Debt	452 000	522 000	331 000
Total Current Debt	707 000	788 000	548 000
Total Equity and Debt	1 388 000	2 114 000	1 368 000

Financial indicators	2022	2021	2020
Return on Equity	−4,62 %	130,18 %	166,18 %
Debt-to-Equity Ratio	4,23	0,87	5,02
Operating Profit Margin	−41,54 %	37,73 %	11,73 %
Current Ratio	1,46	1,43	0,89
Quick Ratio	1,46	1,43	0,89
Equity Ratio	0,09	0,34	0,1
Gross Profit Margin	87 %	99,81 %	98,57 %