IOT LABS AS

3616 KONGSBERG

Finances

Share Ownership

Return on Equity

143,17 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 246 000	2 764 000	2 149 000	3 355 000
Net Income	1 383 000	59 000	−749 000	549 000
Total Assets	2 768 000	2 043 000	547 000	1 778 000
Total Equity	966 000	449 000	198 000	947 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 246 000	2 764 000	2 149 000	3 355 000
Expenditure	3 467 000	2 689 000	3 044 000	3 092 000
Operating Profit	1 780 000	75 000	−895 000	264 000
Financial Income	3 000	2 000	6 000	2 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	0	2 000	5 000	1 000
Earnings Before Tax	1 779 000	76 000	−890 000	265 000
Tax	396 000	18 000	−141 000	−284 000
Net Income	1 383 000	59 000	−749 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	92 000	128 000	164 000
Total Current Assets	2 666 000	1 950 000	419 000	1 614 000
Total Assets	2 768 000	2 043 000	547 000	1 778 000
Total Retained Equity	866 000	349 000	98 000	847 000
Total Equity	966 000	449 000	198 000	947 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	1 802 000	1 593 000	349 000	828 000
Total Equity and Debt	2 768 000	2 043 000	547 000	1 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 246 000	2 516 000	2 119 000	3 356 000
Other Income	0	248 000	30 000	0
Revenue	5 246 000	2 764 000	2 149 000	3 355 000
Cost of Goods Sold	989 000	857 000	552 000	617 000
Salary Costs	2 064 000	1 652 000	2 296 000	2 235 000
Depreciation	41 000	36 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	3 467 000	2 689 000	3 044 000	3 092 000
Operating Profit	1 780 000	75 000	−895 000	264 000
Financial Income	3 000	2 000	6 000	2 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	0	2 000	5 000	1 000
Dividends	850 000	0	0	0
Net Income	1 383 000	59 000	−749 000	549 000

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	101 000	92 000	128 000	164 000
Total Tangible Assets	101 000	92 000	128 000	164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 000	92 000	128 000	164 000
Stock	0	0	35 000	0
Total Investments	0	0	0	0
Cash, Bank	1 670 000	525 000	217 000	755 000
Total Current Assets	2 666 000	1 950 000	419 000	1 614 000
Total Assets	2 768 000	2 043 000	547 000	1 778 000
Total Equity	966 000	449 000	198 000	947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	3 000	108 000	66 000	537 000
Unpaid Taxes	333 000	582 000	211 000	347 000
Dividends	850 000	0	0	0
Other Current Debt	220 000	884 000	211 000	228 000
Total Current Debt	1 802 000	1 593 000	349 000	828 000
Total Equity and Debt	2 768 000	2 043 000	547 000	1 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,17 %	13,14 %	−378,28 %	57,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,93 %	2,71 %	−41,65 %	7,87 %
Current Ratio	1,48	1,22	1,2	1,95
Quick Ratio	1,48	1,22	1,33	1,95
Equity Ratio	0,35	0,22	0,36	0,53
Gross Profit Margin	81,15 %	68,99 %	74,31 %	81,61 %