IFE SYSTEM AS

4647 BRENNÅSEN

Finances

Share Ownership

Return on Equity

63,71 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 232 000	718 000	19 000
Net Income	502 000	149 000	−13 000
Total Assets	3 204 000	460 000	162 000
Total Equity	788 000	286 000	137 000

Income (NOK)	2022	2021	2020
Revenue	2 232 000	718 000	19 000
Expenditure	1 758 000	539 000	32 000
Operating Profit	474 000	180 000	−13 000
Financial Income	172 000	9 000	0
Financial Costs	2 000	1 000	0
Financial Balance	170 000	8 000	0
Earnings Before Tax	644 000	188 000	−13 000
Tax	142 000	38 000	0
Net Income	502 000	149 000	−13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	3 204 000	460 000	162 000
Total Assets	3 204 000	460 000	162 000
Total Retained Equity	638 000	136 000	−13 000
Total Equity	788 000	286 000	137 000
Total Long-Term Debt	2 000	0	0
Total Current Debt	2 414 000	173 000	25 000
Total Equity and Debt	3 204 000	460 000	162 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 232 000	718 000	19 000
Other Income	0	0	0
Revenue	2 232 000	718 000	19 000
Cost of Goods Sold	1 700 000	480 000	17 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 758 000	539 000	32 000
Operating Profit	474 000	180 000	−13 000
Financial Income	172 000	9 000	0
Financial Costs	2 000	1 000	0
Financial Balance	170 000	8 000	0
Dividends	0	0	0
Net Income	502 000	149 000	−13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 498 000	438 000	143 000
Total Current Assets	3 204 000	460 000	162 000
Total Assets	3 204 000	460 000	162 000
Total Equity	788 000	286 000	137 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	0	0
Creditors	361 000	94 000	25 000
Unpaid Taxes	476 000	27 000	0
Dividends	0	0	0
Other Current Debt	1 437 000	13 000	0
Total Current Debt	2 414 000	173 000	25 000
Total Equity and Debt	3 204 000	460 000	162 000

Financial indicators	2022	2021	2020
Return on Equity	63,71 %	52,1 %	−9,49 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	21,24 %	25,07 %	−68,42 %
Current Ratio	1,33	2,66	6,48
Quick Ratio	1,33	2,66	6,48
Equity Ratio	0,25	0,62	0,85
Gross Profit Margin	23,84 %	33,15 %	10,53 %