IT FORCES AS

4077 HUNDVÅG

Finances

Return on Equity

10,13 %

Current Ratio

131,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	178 000	62 000	100 000
Net Income	2 479 000	2 852 000	−797 000	−485 000
Total Assets	24 630 000	22 353 000	19 962 000	20 967 000
Total Equity	24 471 000	21 992 000	19 540 000	20 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	178 000	62 000	100 000
Expenditure	984 000	999 000	977 000	1 025 000
Operating Profit	−932 000	−821 000	−914 000	−925 000
Financial Income	3 976 000	4 015 000	1 419 000	612 000
Financial Costs	565 000	342 000	1 301 000	173 000
Financial Balance	3 411 000	3 673 000	118 000	439 000
Earnings Before Tax	2 479 000	2 852 000	−797 000	−485 000
Tax	0	0	0	0
Net Income	2 479 000	2 852 000	−797 000	−485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 716 000	4 600 000	4 499 000	20 771 000
Total Current Assets	20 914 000	17 752 000	15 463 000	196 000
Total Assets	24 630 000	22 353 000	19 962 000	20 967 000
Total Retained Equity	23 712 000	21 233 000	18 781 000	19 878 000
Total Equity	24 471 000	21 992 000	19 540 000	20 637 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	159 000	361 000	423 000	330 000
Total Equity and Debt	24 630 000	22 353 000	19 962 000	20 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	62 000	62 000	100 000
Other Income	0	116 000	0	0
Revenue	51 000	178 000	62 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	709 000	717 000	704 000	750 000
Depreciation	99 000	99 000	58 000	50 000
Impairment	0	0	0	0
Expenditure	984 000	999 000	977 000	1 025 000
Operating Profit	−932 000	−821 000	−914 000	−925 000
Financial Income	3 976 000	4 015 000	1 419 000	612 000
Financial Costs	565 000	342 000	1 301 000	173 000
Financial Balance	3 411 000	3 673 000	118 000	439 000
Dividends	0	400 000	300 000	0
Net Income	2 479 000	2 852 000	−797 000	−485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	485 000	584 000	736 000	104 000
Total Tangible Assets	485 000	584 000	736 000	104 000
Total Fiancial Fixed Assets	3 231 000	4 017 000	3 763 000	20 667 000
Total Fixed Assets	3 716 000	4 600 000	4 499 000	20 771 000
Stock	0	0	0	0
Total Investments	10 877 000	14 527 000	13 215 000	0
Cash, Bank	10 000 000	3 165 000	2 226 000	193 000
Total Current Assets	20 914 000	17 752 000	15 463 000	196 000
Total Assets	24 630 000	22 353 000	19 962 000	20 967 000
Total Equity	24 471 000	21 992 000	19 540 000	20 637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−7 000	5 000	3 000	4 000
Unpaid Taxes	51 000	52 000	153 000	66 000
Dividends	0	400 000	300 000	0
Other Current Debt	114 000	304 000	266 000	261 000
Total Current Debt	159 000	361 000	423 000	330 000
Total Equity and Debt	24 630 000	22 353 000	19 962 000	20 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,13 %	12,97 %	−4,08 %	−2,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 827,45 %	−461,24 %	−1 474,19 %	−925 %
Current Ratio	131,53	49,17	36,56	0,59
Quick Ratio	131,53	49,17	36,56	0,59
Equity Ratio	0,99	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %