IC TARGETS AS

0585 OSLO

Finances

Share Ownership

Return on Equity

105,08 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 587 000	2 944 000	0	0
Net Income	−2 069 000	−2 175 000	−2 316 000	−1 371 000
Total Assets	4 359 000	7 990 000	6 888 000	4 702 000
Total Equity	−1 969 000	100 000	2 275 000	−407 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 587 000	2 944 000	0	0
Expenditure	7 653 000	5 102 000	2 311 000	1 363 000
Operating Profit	−2 066 000	−2 158 000	−2 311 000	−1 364 000
Financial Income	1 000	0	5 000	0
Financial Costs	4 000	17 000	10 000	7 000
Financial Balance	−3 000	−17 000	−5 000	−7 000
Earnings Before Tax	−2 069 000	−2 175 000	−2 316 000	−1 371 000
Tax	0	0	0	0
Net Income	−2 069 000	−2 175 000	−2 316 000	−1 371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 063 000	1 299 000	1 535 000	1 771 000
Total Current Assets	3 296 000	6 691 000	5 353 000	2 931 000
Total Assets	4 359 000	7 990 000	6 888 000	4 702 000
Total Retained Equity	−11 736 000	−33 404 000	−31 229 000	−28 767 000
Total Equity	−1 969 000	100 000	2 275 000	−407 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 328 000	7 890 000	4 614 000	5 109 000
Total Equity and Debt	4 359 000	7 990 000	6 888 000	4 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 104 000	2 944 000	0	0
Other Income	4 483 000	0	0	0
Revenue	5 587 000	2 944 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 557 000	778 000	351 000	309 000
Depreciation	236 000	236 000	236 000	236 000
Impairment	0	0	0	0
Expenditure	7 653 000	5 102 000	2 311 000	1 363 000
Operating Profit	−2 066 000	−2 158 000	−2 311 000	−1 364 000
Financial Income	1 000	0	5 000	0
Financial Costs	4 000	17 000	10 000	7 000
Financial Balance	−3 000	−17 000	−5 000	−7 000
Dividends	0	0	0	0
Net Income	−2 069 000	−2 175 000	−2 316 000	−1 371 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 063 000	1 299 000	1 535 000	1 771 000
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	1 063 000	1 299 000	1 535 000	1 771 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 094 000	1 598 000	2 428 000	63 000
Total Current Assets	3 296 000	6 691 000	5 353 000	2 931 000
Total Assets	4 359 000	7 990 000	6 888 000	4 702 000
Total Equity	−1 969 000	100 000	2 275 000	−407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 450 000	2 709 000	184 000	0
Unpaid Taxes	248 000	150 000	62 000	106 000
Dividends	0	0	0	0
Other Current Debt	1 629 000	5 031 000	4 367 000	5 003 000
Total Current Debt	6 328 000	7 890 000	4 614 000	5 109 000
Total Equity and Debt	4 359 000	7 990 000	6 888 000	4 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,08 %	−2 175 %	−101,8 %	336,86 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−36,98 %	−73,3 %	-	-
Current Ratio	0,52	0,85	1,16	0,57
Quick Ratio	0,52	0,85	1,16	0,57
Equity Ratio	−0,45	0,01	0,33	−0,09
Gross Profit Margin	100 %	100 %	-	-