IPZONE NETWORKS AS

0776 OSLO

Finances

Return on Equity

10,55 %

Current Ratio

4,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	351 000	72 000	95 000	282 000
Net Income	857 000	187 000	625 000	4 393 000
Total Assets	8 283 000	7 650 000	9 696 000	10 876 000
Total Equity	8 120 000	7 263 000	9 576 000	8 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	351 000	72 000	95 000	282 000
Expenditure	520 000	600 000	505 000	369 000
Operating Profit	−169 000	−527 000	−411 000	−87 000
Financial Income	1 026 000	775 000	986 000	4 488 000
Financial Costs	0	0	0	0
Financial Balance	1 026 000	775 000	986 000	4 488 000
Earnings Before Tax	857 000	247 000	575 000	4 400 000
Tax	0	60 000	−50 000	7 000
Net Income	857 000	187 000	625 000	4 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 628 000	6 742 000	8 018 000	8 637 000
Total Current Assets	655 000	908 000	1 678 000	2 240 000
Total Assets	8 283 000	7 650 000	9 696 000	10 876 000
Total Retained Equity	8 020 000	7 163 000	9 476 000	8 851 000
Total Equity	8 120 000	7 263 000	9 576 000	8 951 000
Total Long-Term Debt	0	0	88 000	0
Total Current Debt	163 000	387 000	32 000	1 926 000
Total Equity and Debt	8 283 000	7 650 000	9 696 000	10 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	72 000	95 000	280 000
Other Income	300 000	0	0	2 000
Revenue	351 000	72 000	95 000	282 000
Cost of Goods Sold	0	0	11 000	0
Salary Costs	46 000	235 000	163 000	133 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	520 000	600 000	505 000	369 000
Operating Profit	−169 000	−527 000	−411 000	−87 000
Financial Income	1 026 000	775 000	986 000	4 488 000
Financial Costs	0	0	0	0
Financial Balance	1 026 000	775 000	986 000	4 488 000
Dividends	0	2 500 000	0	2 000 000
Net Income	857 000	187 000	625 000	4 393 000

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	49 000	0	0	0
Total Tangible Assets	49 000	0	0	0
Total Fiancial Fixed Assets	7 579 000	6 742 000	8 018 000	8 637 000
Total Fixed Assets	7 628 000	6 742 000	8 018 000	8 637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	836 000	965 000	515 000
Total Current Assets	655 000	908 000	1 678 000	2 240 000
Total Assets	8 283 000	7 650 000	9 696 000	10 876 000
Total Equity	8 120 000	7 263 000	9 576 000	8 951 000
Short-Term Group Debt	0	0	3 000	3 000
Total Long-Term Debt	0	0	88 000	0
Creditors	64 000	206 000	10 000	0
Unpaid Taxes	16 000	−20 000	−7 000	−54 000
Dividends	0	2 500 000	0	2 000 000
Other Current Debt	229 000	52 000	−174 000	−30 000
Total Current Debt	163 000	387 000	32 000	1 926 000
Total Equity and Debt	8 283 000	7 650 000	9 696 000	10 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,55 %	2,57 %	6,53 %	49,08 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−48,15 %	−731,94 %	−432,63 %	−30,85 %
Current Ratio	4,02	2,35	52,44	1,16
Quick Ratio	4,02	2,35	52,44	1,16
Equity Ratio	0,98	0,95	0,99	0,82
Gross Profit Margin	100 %	100 %	88,42 %	100 %