ICHANGE AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

−18,12 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	180 000	234 000	561 000
Net Income	−52 000	−131 000	−37 000	146 000
Total Assets	344 000	376 000	538 000	590 000
Total Equity	287 000	340 000	470 000	508 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	180 000	234 000	561 000
Expenditure	246 000	304 000	283 000	374 000
Operating Profit	−51 000	−124 000	−48 000	187 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−51 000	−124 000	−48 000	188 000
Tax	2 000	7 000	−11 000	41 000
Net Income	−52 000	−131 000	−37 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	270 000	277 000	266 000
Total Current Assets	76 000	106 000	261 000	324 000
Total Assets	344 000	376 000	538 000	590 000
Total Retained Equity	−341 000	−289 000	−158 000	−120 000
Total Equity	287 000	340 000	470 000	508 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 000	36 000	67 000	82 000
Total Equity and Debt	344 000	376 000	538 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	180 000	234 000	561 000
Other Income	0	0	0	0
Revenue	196 000	180 000	234 000	561 000
Cost of Goods Sold	38 000	78 000	64 000	126 000
Salary Costs	83 000	120 000	127 000	134 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	246 000	304 000	283 000	374 000
Operating Profit	−51 000	−124 000	−48 000	187 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−52 000	−131 000	−37 000	146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	268 000	270 000	277 000	266 000
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	268 000	270 000	277 000	266 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	60 000	123 000	151 000
Total Current Assets	76 000	106 000	261 000	324 000
Total Assets	344 000	376 000	538 000	590 000
Total Equity	287 000	340 000	470 000	508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	42 000	17 000	27 000	41 000
Unpaid Taxes	1 000	2 000	23 000	21 000
Dividends	0	0	0	0
Other Current Debt	13 000	17 000	17 000	19 000
Total Current Debt	57 000	36 000	67 000	82 000
Total Equity and Debt	344 000	376 000	538 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,12 %	−38,53 %	−7,87 %	28,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−26,02 %	−68,89 %	−20,51 %	33,33 %
Current Ratio	1,33	2,94	3,9	3,95
Quick Ratio	1,33	2,94	3,9	3,95
Equity Ratio	0,83	0,9	0,87	0,86
Gross Profit Margin	80,61 %	56,67 %	72,65 %	77,54 %