IT SYSTEMER AS

0871 OSLO

Finances

Share Ownership

Return on Equity

−89,33 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 000	429 000	855 000	4 876 000
Net Income	−67 000	−886 000	−883 000	442 000
Total Assets	1 089 000	1 393 000	2 258 000	4 882 000
Total Equity	75 000	142 000	1 029 000	1 911 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 000	429 000	855 000	4 876 000
Expenditure	297 000	1 317 000	2 042 000	4 288 000
Operating Profit	−70 000	−887 000	−1 188 000	588 000
Financial Income	4 000	3 000	56 000	7 000
Financial Costs	1 000	2 000	0	26 000
Financial Balance	3 000	1 000	56 000	−19 000
Earnings Before Tax	−67 000	−886 000	−1 132 000	569 000
Tax	0	0	−249 000	126 000
Net Income	−67 000	−886 000	−883 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 089 000	1 393 000	2 258 000	4 882 000
Total Assets	1 089 000	1 393 000	2 258 000	4 882 000
Total Retained Equity	−25 000	42 000	929 000	1 811 000
Total Equity	75 000	142 000	1 029 000	1 911 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 013 000	1 251 000	1 229 000	2 971 000
Total Equity and Debt	1 089 000	1 393 000	2 258 000	4 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	227 000	429 000	855 000	4 876 000
Other Income	0	0	0	0
Revenue	227 000	429 000	855 000	4 876 000
Cost of Goods Sold	201 000	448 000	796 000	2 324 000
Salary Costs	40 000	707 000	1 252 000	1 401 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	297 000	1 317 000	2 042 000	4 288 000
Operating Profit	−70 000	−887 000	−1 188 000	588 000
Financial Income	4 000	3 000	56 000	7 000
Financial Costs	1 000	2 000	0	26 000
Financial Balance	3 000	1 000	56 000	−19 000
Dividends	0	0	0	0
Net Income	−67 000	−886 000	−883 000	442 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	665 000	433 000	348 000	1 186 000
Total Current Assets	1 089 000	1 393 000	2 258 000	4 882 000
Total Assets	1 089 000	1 393 000	2 258 000	4 882 000
Total Equity	75 000	142 000	1 029 000	1 911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	23 000	63 000	279 000
Unpaid Taxes	1 000	118 000	266 000	733 000
Dividends	0	0	0	0
Other Current Debt	1 007 000	1 109 000	899 000	1 832 000
Total Current Debt	1 013 000	1 251 000	1 229 000	2 971 000
Total Equity and Debt	1 089 000	1 393 000	2 258 000	4 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,33 %	−623,94 %	−85,81 %	23,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−30,84 %	−206,76 %	−138,95 %	12,06 %
Current Ratio	1,08	1,11	1,84	1,64
Quick Ratio	1,08	1,11	1,84	1,64
Equity Ratio	0,07	0,1	0,46	0,39
Gross Profit Margin	11,45 %	−4,43 %	6,9 %	52,34 %