INSTECH SOLUTIONS AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

3,62 %

Current Ratio

1,33

Debt-to-Equity Ratio

7,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 112 000	32 763 000	15 777 000	11 493 000
Net Income	290 000	−998 000	−854 000	−2 726 000
Total Assets	77 241 000	73 049 000	50 068 000	26 357 000
Total Equity	8 015 000	7 725 000	7 164 000	7 380 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 112 000	32 763 000	15 777 000	11 493 000
Expenditure	47 183 000	32 999 000	16 652 000	14 656 000
Operating Profit	1 929 000	−235 000	−875 000	−3 163 000
Financial Income	167 000	31 000	29 000	61 000
Financial Costs	1 726 000	1 074 000	422 000	223 000
Financial Balance	−1 559 000	−1 043 000	−393 000	−162 000
Earnings Before Tax	370 000	−1 278 000	−1 268 000	−3 325 000
Tax	80 000	−280 000	−414 000	−599 000
Net Income	290 000	−998 000	−854 000	−2 726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 951 000	59 328 000	39 839 000	16 995 000
Total Current Assets	7 289 000	13 720 000	10 229 000	9 362 000
Total Assets	77 241 000	73 049 000	50 068 000	26 357 000
Total Retained Equity	−9 623 000	−9 913 000	−8 915 000	−8 061 000
Total Equity	8 015 000	7 725 000	7 164 000	7 380 000
Total Long-Term Debt	63 729 000	59 724 000	36 504 000	3 477 000
Total Current Debt	5 496 000	5 599 000	6 400 000	15 500 000
Total Equity and Debt	77 241 000	73 049 000	50 068 000	26 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 112 000	32 763 000	15 777 000	11 493 000
Other Income	0	0	0	0
Revenue	49 112 000	32 763 000	15 777 000	11 493 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 226 000	8 678 000	6 815 000	8 343 000
Depreciation	20 853 000	12 343 000	249 000	165 000
Impairment	0	0	0	0
Expenditure	47 183 000	32 999 000	16 652 000	14 656 000
Operating Profit	1 929 000	−235 000	−875 000	−3 163 000
Financial Income	167 000	31 000	29 000	61 000
Financial Costs	1 726 000	1 074 000	422 000	223 000
Financial Balance	−1 559 000	−1 043 000	−393 000	−162 000
Dividends	0	0	0	0
Net Income	290 000	−998 000	−854 000	−2 726 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 992 000	54 889 000	36 131 000	13 570 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	896 000	562 000	354 000	378 000
Total Tangible Assets	896 000	562 000	354 000	378 000
Total Fiancial Fixed Assets	4 063 000	3 876 000	3 354 000	3 047 000
Total Fixed Assets	69 951 000	59 328 000	39 839 000	16 995 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	825 000	747 000	3 093 000	679 000
Total Current Assets	7 289 000	13 720 000	10 229 000	9 362 000
Total Assets	77 241 000	73 049 000	50 068 000	26 357 000
Total Equity	8 015 000	7 725 000	7 164 000	7 380 000
Short-Term Group Debt	10 000	0	1 763 000	10 260 000
Total Long-Term Debt	63 729 000	59 724 000	36 504 000	3 477 000
Creditors	3 303 000	3 016 000	4 568 000	2 426 000
Unpaid Taxes	122 000	157 000	69 000	1 223 000
Dividends	0	0	0	0
Other Current Debt	2 061 000	2 427 000	0	1 211 000
Total Current Debt	5 496 000	5 599 000	6 400 000	15 500 000
Total Equity and Debt	77 241 000	73 049 000	50 068 000	26 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	−12,92 %	−11,92 %	−36,94 %
Debt-to-Equity Ratio	7,95	7,73	5,1	0,47
Operating Profit Margin	3,93 %	−0,72 %	−5,55 %	−27,52 %
Current Ratio	1,33	2,45	1,6	0,6
Quick Ratio	1,33	2,45	1,6	0,6
Equity Ratio	0,1	0,11	0,14	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %