FAIR ALLOCATION OF INFOTECH RESOURCES

1482 NITTEDAL

Finances

Return on Equity

−30,59 %

Current Ratio

6,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	697 000	906 000	1 082 000
Net Income	−130 000	−28 000	31 000	323 000
Total Assets	492 000	669 000	642 000	662 000
Total Equity	425 000	554 000	582 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	697 000	906 000	1 082 000
Expenditure	631 000	725 000	874 000	758 000
Operating Profit	−130 000	−28 000	32 000	323 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−130 000	−28 000	31 000	323 000
Tax	0	0	0	0
Net Income	−130 000	−28 000	31 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	50 000	60 000	70 000
Total Current Assets	452 000	619 000	582 000	592 000
Total Assets	492 000	669 000	642 000	662 000
Total Retained Equity	425 000	554 000	582 000	550 000
Total Equity	425 000	554 000	582 000	550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	115 000	61 000	111 000
Total Equity and Debt	492 000	669 000	642 000	662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	697 000	906 000	1 082 000
Other Income	1 000	1 000	0	0
Revenue	501 000	697 000	906 000	1 082 000
Cost of Goods Sold	0	40 000	114 000	94 000
Salary Costs	192 000	192 000	190 000	190 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	631 000	725 000	874 000	758 000
Operating Profit	−130 000	−28 000	32 000	323 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−130 000	−28 000	31 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 000	50 000	60 000	70 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 000	50 000	60 000	70 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	50 000	60 000	70 000
Stock	0	0	40 000	155 000
Total Investments	30 000	30 000	15 000	15 000
Cash, Bank	283 000	517 000	397 000	386 000
Total Current Assets	452 000	619 000	582 000	592 000
Total Assets	492 000	669 000	642 000	662 000
Total Equity	425 000	554 000	582 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	84 000	24 000	82 000
Unpaid Taxes	13 000	10 000	17 000	10 000
Dividends	0	0	0	0
Other Current Debt	22 000	22 000	19 000	19 000
Total Current Debt	68 000	115 000	61 000	111 000
Total Equity and Debt	492 000	669 000	642 000	662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,59 %	−5,05 %	5,33 %	58,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,95 %	−4,02 %	3,53 %	29,85 %
Current Ratio	6,65	5,38	9,54	5,33
Quick Ratio	6,65	5,38	27,71	−13,45
Equity Ratio	0,86	0,83	0,91	0,83
Gross Profit Margin	100 %	94,26 %	87,42 %	91,31 %