ISACHSEN TECHNOLOGY & ART DESIGN AS

0265 OSLO

Finances

Share Ownership

Return on Equity

−82,8 %

Current Ratio

0,92

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 648 000	26 876 000	26 038 000	19 481 000
Net Income	674 000	98 000	1 300 000	−1 137 000
Total Assets	11 476 000	7 593 000	5 607 000	5 130 000
Total Equity	−814 000	−1 488 000	−1 586 000	−2 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 648 000	26 876 000	26 038 000	19 481 000
Expenditure	27 681 000	26 628 000	24 441 000	20 433 000
Operating Profit	967 000	248 000	1 597 000	−951 000
Financial Income	14 000	36 000	147 000	31 000
Financial Costs	116 000	158 000	396 000	216 000
Financial Balance	−102 000	−122 000	−249 000	−185 000
Earnings Before Tax	865 000	126 000	1 348 000	−1 137 000
Tax	191 000	28 000	48 000	0
Net Income	674 000	98 000	1 300 000	−1 137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	819 000	856 000	919 000
Total Current Assets	10 840 000	6 774 000	4 751 000	4 211 000
Total Assets	11 476 000	7 593 000	5 607 000	5 130 000
Total Retained Equity	−1 872 000	−2 546 000	−2 644 000	−3 944 000
Total Equity	−814 000	−1 488 000	−1 586 000	−2 886 000
Total Long-Term Debt	510 000	510 000	510 000	510 000
Total Current Debt	11 779 000	8 570 000	6 683 000	7 506 000
Total Equity and Debt	11 476 000	7 593 000	5 607 000	5 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 537 000	26 876 000	26 032 000	19 421 000
Other Income	111 000	0	7 000	60 000
Revenue	28 648 000	26 876 000	26 038 000	19 481 000
Cost of Goods Sold	19 207 000	18 747 000	16 351 000	12 388 000
Salary Costs	5 183 000	4 978 000	4 752 000	5 028 000
Depreciation	7 000	9 000	15 000	9 000
Impairment	0	0	0	0
Expenditure	27 681 000	26 628 000	24 441 000	20 433 000
Operating Profit	967 000	248 000	1 597 000	−951 000
Financial Income	14 000	36 000	147 000	31 000
Financial Costs	116 000	158 000	396 000	216 000
Financial Balance	−102 000	−122 000	−249 000	−185 000
Dividends	0	0	0	0
Net Income	674 000	98 000	1 300 000	−1 137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	579 000	770 000	798 000	846 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	6 000	16 000	30 000
Total Tangible Assets	15 000	6 000	16 000	30 000
Total Fiancial Fixed Assets	43 000	43 000	43 000	43 000
Total Fixed Assets	636 000	819 000	856 000	919 000
Stock	2 718 000	1 887 000	2 027 000	1 640 000
Total Investments	0	0	0	0
Cash, Bank	272 000	272 000	272 000	261 000
Total Current Assets	10 840 000	6 774 000	4 751 000	4 211 000
Total Assets	11 476 000	7 593 000	5 607 000	5 130 000
Total Equity	−814 000	−1 488 000	−1 586 000	−2 886 000
Short-Term Group Debt	3 715 000	2 695 000	1 340 000	1 760 000
Total Long-Term Debt	510 000	510 000	510 000	510 000
Creditors	1 891 000	1 655 000	745 000	1 853 000
Unpaid Taxes	1 172 000	544 000	1 246 000	733 000
Dividends	0	0	0	0
Other Current Debt	4 748 000	2 886 000	2 649 000	2 463 000
Total Current Debt	11 779 000	8 570 000	6 683 000	7 506 000
Total Equity and Debt	11 476 000	7 593 000	5 607 000	5 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−82,8 %	−6,59 %	−81,97 %	39,4 %
Debt-to-Equity Ratio	−0,63	−0,34	−0,32	−0,18
Operating Profit Margin	3,38 %	0,92 %	6,13 %	−4,88 %
Current Ratio	0,92	0,79	0,71	0,56
Quick Ratio	1,2	1,01	1,02	0,72
Equity Ratio	−0,07	−0,2	−0,28	−0,56
Gross Profit Margin	32,96 %	30,25 %	37,2 %	36,41 %