ITSLEARNING AS

5059 BERGEN

Finances

Return on Equity

128,66 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 197 000	207 055 000	191 586 000	316 099 000
Net Income	−101 223 000	−56 026 000	−69 683 000	−13 339 000
Total Assets	135 741 000	243 929 000	268 236 000	308 230 000
Total Equity	−78 674 000	22 549 000	78 575 000	104 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 197 000	207 055 000	191 586 000	316 099 000
Expenditure	215 681 000	218 967 000	244 479 000	335 357 000
Operating Profit	−36 484 000	−11 913 000	−52 892 000	−19 258 000
Financial Income	17 615 000	7 947 000	2 921 000	8 186 000
Financial Costs	22 221 000	52 060 000	19 712 000	6 150 000
Financial Balance	−4 606 000	−44 113 000	−16 791 000	2 036 000
Earnings Before Tax	−41 090 000	−56 026 000	−69 683 000	−17 222 000
Tax	60 133 000	0	0	−3 883 000
Net Income	−101 223 000	−56 026 000	−69 683 000	−13 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 927 000	174 680 000	180 199 000	221 317 000
Total Current Assets	54 814 000	69 249 000	88 037 000	86 913 000
Total Assets	135 741 000	243 929 000	268 236 000	308 230 000
Total Retained Equity	0	0	−191 265 000	−115 369 000
Total Equity	−78 674 000	22 549 000	78 575 000	104 471 000
Total Long-Term Debt	0	0	0	14 072 000
Total Current Debt	214 415 000	221 380 000	189 661 000	189 686 000
Total Equity and Debt	135 741 000	243 929 000	268 236 000	308 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 334 000	187 025 000	169 790 000	316 099 000
Other Income	7 863 000	20 030 000	21 796 000	0
Revenue	179 197 000	207 055 000	191 586 000	316 099 000
Cost of Goods Sold	69 007 000	32 511 000	37 891 000	14 901 000
Salary Costs	71 076 000	93 122 000	116 432 000	204 490 000
Depreciation	7 846 000	6 914 000	6 863 000	14 095 000
Impairment	0	0	0	0
Expenditure	215 681 000	218 967 000	244 479 000	335 357 000
Operating Profit	−36 484 000	−11 913 000	−52 892 000	−19 258 000
Financial Income	17 615 000	7 947 000	2 921 000	8 186 000
Financial Costs	22 221 000	52 060 000	19 712 000	6 150 000
Financial Balance	−4 606 000	−44 113 000	−16 791 000	2 036 000
Dividends	0	0	0	0
Net Income	−101 223 000	−56 026 000	−69 683 000	−13 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	31 635 000	35 589 000	39 543 000	121 979 000
Total Intangible Assets	60 371 000	110 897 000	109 377 000	196 413 000
Real Eastate	580 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	510 000	258 000	24 704 000
Total Tangible Assets	587 000	510 000	258 000	24 704 000
Total Fiancial Fixed Assets	19 969 000	63 272 000	70 564 000	200 000
Total Fixed Assets	80 927 000	174 680 000	180 199 000	221 317 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 037 000	5 693 000	10 362 000	37 885 000
Total Current Assets	54 814 000	69 249 000	88 037 000	86 913 000
Total Assets	135 741 000	243 929 000	268 236 000	308 230 000
Total Equity	−78 674 000	22 549 000	78 575 000	104 471 000
Short-Term Group Debt	80 579 000	90 724 000	49 597 000	0
Total Long-Term Debt	0	0	0	14 072 000
Creditors	3 596 000	483 000	3 303 000	12 869 000
Unpaid Taxes	6 705 000	7 194 000	8 294 000	15 483 000
Dividends	0	0	0	0
Other Current Debt	123 535 000	122 979 000	128 467 000	160 928 000
Total Current Debt	214 415 000	221 380 000	189 661 000	189 686 000
Total Equity and Debt	135 741 000	243 929 000	268 236 000	308 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,66 %	−248,46 %	−88,68 %	−12,77 %
Debt-to-Equity Ratio	−0	0	0	0,13
Operating Profit Margin	−20,36 %	−5,75 %	−27,61 %	−6,09 %
Current Ratio	0,26	0,31	0,46	0,46
Quick Ratio	0,26	0,31	0,46	0,46
Equity Ratio	−0,58	0,09	0,29	0,34
Gross Profit Margin	61,49 %	84,3 %	80,22 %	95,29 %