IOT NORDIC AS

1553 SON

Finances

Return on Equity

−10 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	25 000	164 000	22 000
Net Income	−55 000	−33 000	93 000	−47 000
Total Assets	559 000	608 000	650 000	565 000
Total Equity	550 000	604 000	637 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	25 000	164 000	22 000
Expenditure	153 000	66 000	44 000	142 000
Operating Profit	−74 000	−42 000	120 000	−121 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	4 000	0	0	−2 000
Earnings Before Tax	−70 000	−42 000	120 000	−122 000
Tax	−15 000	−9 000	26 000	−75 000
Net Income	−55 000	−33 000	93 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	58 000	49 000	75 000
Total Current Assets	486 000	550 000	601 000	489 000
Total Assets	559 000	608 000	650 000	565 000
Total Retained Equity	6 000	61 000	93 000	0
Total Equity	550 000	604 000	637 000	544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000	4 000	13 000	21 000
Total Equity and Debt	559 000	608 000	650 000	565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	25 000	164 000	22 000
Other Income	0	0	0	0
Revenue	78 000	25 000	164 000	22 000
Cost of Goods Sold	19 000	19 000	1 000	64 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	153 000	66 000	44 000	142 000
Operating Profit	−74 000	−42 000	120 000	−121 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	4 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	−55 000	−33 000	93 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	73 000	58 000	49 000	75 000
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	73 000	58 000	49 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	381 000	449 000	420 000	484 000
Total Current Assets	486 000	550 000	601 000	489 000
Total Assets	559 000	608 000	650 000	565 000
Total Equity	550 000	604 000	637 000	544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	1 000	0	9 000
Unpaid Taxes	10 000	0	13 000	12 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	9 000	4 000	13 000	21 000
Total Equity and Debt	559 000	608 000	650 000	565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10 %	−5,46 %	14,6 %	−8,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−94,87 %	−168 %	73,17 %	−550 %
Current Ratio	54	137,5	46,23	23,29
Quick Ratio	54	137,5	46,23	23,29
Equity Ratio	0,98	0,99	0,98	0,96
Gross Profit Margin	75,64 %	24 %	99,39 %	−190,91 %