IP-ONLY NETWORKS AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

0,49 %

Current Ratio

5,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 543 000	35 939 000	37 601 000	45 421 000
Net Income	181 000	−2 804 000	−5 316 000	316 000
Total Assets	43 336 000	45 486 000	52 057 000	55 875 000
Total Equity	37 282 000	37 101 000	39 672 000	44 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 543 000	35 939 000	37 601 000	45 421 000
Expenditure	39 917 000	39 146 000	43 110 000	45 046 000
Operating Profit	−374 000	−3 207 000	−5 509 000	374 000
Financial Income	624 000	706 000	417 000	98 000
Financial Costs	69 000	303 000	225 000	156 000
Financial Balance	555 000	403 000	192 000	−58 000
Earnings Before Tax	181 000	−2 804 000	−5 316 000	316 000
Tax	0	0	0	0
Net Income	181 000	−2 804 000	−5 316 000	316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 918 000	13 262 000	19 872 000	19 096 000
Total Current Assets	34 418 000	32 225 000	32 186 000	36 779 000
Total Assets	43 336 000	45 486 000	52 057 000	55 875 000
Total Retained Equity	−2 623 000	−2 804 000	−5 331 000	−14 000
Total Equity	37 282 000	37 101 000	39 672 000	44 989 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 054 000	8 385 000	12 385 000	10 886 000
Total Equity and Debt	43 336 000	45 486 000	52 057 000	55 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 543 000	35 939 000	37 601 000	45 421 000
Other Income	0	0	0	0
Revenue	39 543 000	35 939 000	37 601 000	45 421 000
Cost of Goods Sold	28 832 000	24 792 000	27 676 000	27 386 000
Salary Costs	373 000	863 000	1 751 000	3 826 000
Depreciation	5 207 000	6 611 000	6 739 000	6 843 000
Impairment	0	0	0	0
Expenditure	39 917 000	39 146 000	43 110 000	45 046 000
Operating Profit	−374 000	−3 207 000	−5 509 000	374 000
Financial Income	624 000	706 000	417 000	98 000
Financial Costs	69 000	303 000	225 000	156 000
Financial Balance	555 000	403 000	192 000	−58 000
Dividends	0	0	0	0
Net Income	181 000	−2 804 000	−5 316 000	316 000

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	19 096 000
Fixtures	8 918 000	13 262 000	19 872 000	0
Total Tangible Assets	8 918 000	13 262 000	19 872 000	19 096 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 918 000	13 262 000	19 872 000	19 096 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	3 088 000	2 876 000	98 000
Total Current Assets	34 418 000	32 225 000	32 186 000	36 779 000
Total Assets	43 336 000	45 486 000	52 057 000	55 875 000
Total Equity	37 282 000	37 101 000	39 672 000	44 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	300 000	1 829 000	5 564 000	3 997 000
Unpaid Taxes	0	69 000	103 000	175 000
Dividends	0	0	0	0
Other Current Debt	5 754 000	6 487 000	6 718 000	6 715 000
Total Current Debt	6 054 000	8 385 000	12 385 000	10 886 000
Total Equity and Debt	43 336 000	45 486 000	52 057 000	55 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,49 %	−7,56 %	−13,4 %	0,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,95 %	−8,92 %	−14,65 %	0,82 %
Current Ratio	5,69	3,84	2,6	3,38
Quick Ratio	5,69	3,84	2,6	3,38
Equity Ratio	0,86	0,82	0,76	0,81
Gross Profit Margin	27,09 %	31,02 %	26,4 %	39,71 %