IDENTEC SOLUTIONS NORWAY AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

16,13 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 670 000	18 323 000	15 094 000	28 564 000
Net Income	3 541 000	2 447 000	−3 924 000	11 931 000
Total Assets	33 092 000	22 945 000	26 179 000	31 894 000
Total Equity	21 956 000	18 415 000	15 968 000	19 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 670 000	18 323 000	15 094 000	28 564 000
Expenditure	23 300 000	14 734 000	18 907 000	23 322 000
Operating Profit	4 369 000	3 590 000	−3 813 000	5 242 000
Financial Income	717 000	403 000	1 192 000	705 000
Financial Costs	546 000	856 000	2 409 000	1 077 000
Financial Balance	171 000	−453 000	−1 217 000	−372 000
Earnings Before Tax	4 540 000	3 137 000	−5 030 000	4 871 000
Tax	999 000	690 000	−1 106 000	−7 060 000
Net Income	3 541 000	2 447 000	−3 924 000	11 931 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 391 000	14 304 000	15 001 000	13 766 000
Total Current Assets	19 701 000	8 641 000	11 178 000	18 128 000
Total Assets	33 092 000	22 945 000	26 179 000	31 894 000
Total Retained Equity	5 988 000	2 447 000	0	0
Total Equity	21 956 000	18 415 000	15 968 000	19 892 000
Total Long-Term Debt	750 000	1 750 000	2 500 000	0
Total Current Debt	10 386 000	2 780 000	7 711 000	12 002 000
Total Equity and Debt	33 092 000	22 945 000	26 179 000	31 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 670 000	18 323 000	15 094 000	28 564 000
Other Income	0	0	0	0
Revenue	27 670 000	18 323 000	15 094 000	28 564 000
Cost of Goods Sold	2 147 000	1 337 000	1 745 000	4 095 000
Salary Costs	13 134 000	12 094 000	12 851 000	12 542 000
Depreciation	46 000	59 000	34 000	51 000
Impairment	0	0	0	0
Expenditure	23 300 000	14 734 000	18 907 000	23 322 000
Operating Profit	4 369 000	3 590 000	−3 813 000	5 242 000
Financial Income	717 000	403 000	1 192 000	705 000
Financial Costs	546 000	856 000	2 409 000	1 077 000
Financial Balance	171 000	−453 000	−1 217 000	−372 000
Dividends	0	0	0	0
Net Income	3 541 000	2 447 000	−3 924 000	11 931 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 307 000	14 225 000	14 916 000	13 684 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	78 000	86 000	81 000
Total Tangible Assets	84 000	78 000	86 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 391 000	14 304 000	15 001 000	13 766 000
Stock	102 000	151 000	329 000	524 000
Total Investments	0	0	0	0
Cash, Bank	1 407 000	2 372 000	7 155 000	2 364 000
Total Current Assets	19 701 000	8 641 000	11 178 000	18 128 000
Total Assets	33 092 000	22 945 000	26 179 000	31 894 000
Total Equity	21 956 000	18 415 000	15 968 000	19 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	750 000	1 750 000	2 500 000	0
Creditors	2 900 000	11 000	202 000	2 303 000
Unpaid Taxes	1 146 000	584 000	743 000	718 000
Dividends	0	0	0	0
Other Current Debt	6 340 000	2 185 000	6 766 000	8 981 000
Total Current Debt	10 386 000	2 780 000	7 711 000	12 002 000
Total Equity and Debt	33 092 000	22 945 000	26 179 000	31 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,13 %	13,29 %	−24,57 %	59,98 %
Debt-to-Equity Ratio	0,03	0,1	0,16	0
Operating Profit Margin	15,79 %	19,59 %	−25,26 %	18,35 %
Current Ratio	1,9	3,11	1,45	1,51
Quick Ratio	1,92	3,29	1,51	1,58
Equity Ratio	0,66	0,8	0,61	0,62
Gross Profit Margin	92,24 %	92,7 %	88,44 %	85,66 %