IWATCH AS

5009 BERGEN

Finances

Return on Equity

14,04 %

Current Ratio

5,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	316 000	193 000	342 000	753 000
Net Income	144 000	53 000	−712 000	154 000
Total Assets	1 064 000	892 000	1 593 000	2 030 000
Total Equity	1 026 000	862 000	909 000	1 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	316 000	193 000	342 000	753 000
Expenditure	272 000	154 000	782 000	1 495 000
Operating Profit	45 000	38 000	−439 000	−742 000
Financial Income	0	0	27 000	903 000
Financial Costs	100 000	0	300 000	8 000
Financial Balance	−100 000	0	−273 000	895 000
Earnings Before Tax	−55 000	38 000	−712 000	154 000
Tax	−199 000	−16 000	0	0
Net Income	144 000	53 000	−712 000	154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	870 000	746 000	746 000	1 046 000
Total Current Assets	193 000	145 000	847 000	984 000
Total Assets	1 064 000	892 000	1 593 000	2 030 000
Total Retained Equity	996 000	832 000	879 000	1 791 000
Total Equity	1 026 000	862 000	909 000	1 821 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 000	30 000	684 000	209 000
Total Equity and Debt	1 064 000	892 000	1 593 000	2 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	316 000	193 000	342 000	753 000
Other Income	0	0	0	0
Revenue	316 000	193 000	342 000	753 000
Cost of Goods Sold	0	0	0	0
Salary Costs	157 000	41 000	576 000	1 166 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	272 000	154 000	782 000	1 495 000
Operating Profit	45 000	38 000	−439 000	−742 000
Financial Income	0	0	27 000	903 000
Financial Costs	100 000	0	300 000	8 000
Financial Balance	−100 000	0	−273 000	895 000
Dividends	0	0	200 000	0
Net Income	144 000	53 000	−712 000	154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	199 000	0	0	0
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	671 000	746 000	746 000	1 046 000
Total Fixed Assets	870 000	746 000	746 000	1 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	87 000	764 000	631 000
Total Current Assets	193 000	145 000	847 000	984 000
Total Assets	1 064 000	892 000	1 593 000	2 030 000
Total Equity	1 026 000	862 000	909 000	1 821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	20 000	5 000	125 000	102 000
Dividends	0	0	200 000	0
Other Current Debt	18 000	25 000	359 000	107 000
Total Current Debt	38 000	30 000	684 000	209 000
Total Equity and Debt	1 064 000	892 000	1 593 000	2 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,04 %	6,15 %	−78,33 %	8,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,24 %	19,69 %	−128,36 %	−98,54 %
Current Ratio	5,08	4,83	1,24	4,71
Quick Ratio	5,08	4,83	1,24	4,71
Equity Ratio	0,96	0,97	0,57	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %