ICTS NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

−1,87 %

Current Ratio

162,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	149 000	1 333 000
Net Income	−35 000	−37 000	−137 000	−226 000
Total Assets	1 881 000	1 917 000	2 109 000	3 389 000
Total Equity	1 871 000	1 906 000	1 942 000	2 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	149 000	1 333 000
Expenditure	45 000	51 000	307 000	1 630 000
Operating Profit	−45 000	−51 000	−159 000	−297 000
Financial Income	0	7 000	17 000	102 000
Financial Costs	0	3 000	34 000	95 000
Financial Balance	0	4 000	−17 000	7 000
Earnings Before Tax	−45 000	−47 000	−176 000	−290 000
Tax	−10 000	−10 000	−39 000	−64 000
Net Income	−35 000	−37 000	−137 000	−226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	80 000	109 000	71 000
Total Current Assets	1 792 000	1 837 000	2 000 000	3 318 000
Total Assets	1 881 000	1 917 000	2 109 000	3 389 000
Total Retained Equity	1 711 000	1 746 000	1 782 000	1 919 000
Total Equity	1 871 000	1 906 000	1 942 000	2 079 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	11 000	167 000	1 310 000
Total Equity and Debt	1 881 000	1 917 000	2 109 000	3 389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	149 000	1 333 000
Other Income	0	0	0	0
Revenue	0	0	149 000	1 333 000
Cost of Goods Sold	0	0	78 000	0
Salary Costs	0	0	105 000	818 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	51 000	307 000	1 630 000
Operating Profit	−45 000	−51 000	−159 000	−297 000
Financial Income	0	7 000	17 000	102 000
Financial Costs	0	3 000	34 000	95 000
Financial Balance	0	4 000	−17 000	7 000
Dividends	0	0	0	0
Net Income	−35 000	−37 000	−137 000	−226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	80 000	109 000	71 000
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	90 000	80 000	109 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 764 000	1 807 000	1 976 000	3 166 000
Total Current Assets	1 792 000	1 837 000	2 000 000	3 318 000
Total Assets	1 881 000	1 917 000	2 109 000	3 389 000
Total Equity	1 871 000	1 906 000	1 942 000	2 079 000
Short-Term Group Debt	5 000	5 000	159 000	1 101 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	59 000
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	7 000	147 000
Total Current Debt	11 000	11 000	167 000	1 310 000
Total Equity and Debt	1 881 000	1 917 000	2 109 000	3 389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,87 %	−1,94 %	−7,05 %	−10,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−106,71 %	−22,28 %
Current Ratio	162,91	167	11,98	2,53
Quick Ratio	162,91	167	11,98	2,53
Equity Ratio	0,99	0,99	0,92	0,61
Gross Profit Margin	-	-	47,65 %	100 %