IT HOLDING AS

0753 OSLO

Finances

Return on Equity

1,48 %

Current Ratio

0,45

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2021	2020	2019	2018
Revenue	451 000	884 000	997 000	1 080 000
Net Income	−30 000	55 000	−38 000	32 000
Total Assets	671 000	577 000	587 000	805 000
Total Equity	−2 028 000	−1 998 000	−2 053 000	−2 015 000

Income (NOK)	2021	2020	2019	2018
Revenue	451 000	884 000	997 000	1 080 000
Expenditure	479 000	824 000	1 033 000	1 037 000
Operating Profit	−29 000	60 000	−36 000	43 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	−1 000	−1 000	−2 000	−2 000
Earnings Before Tax	−30 000	60 000	−38 000	41 000
Tax	0	5 000	0	10 000
Net Income	−30 000	55 000	−38 000	32 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	502 000	502 000	502 000	502 000
Total Current Assets	169 000	75 000	84 000	302 000
Total Assets	671 000	577 000	587 000	805 000
Total Retained Equity	−2 278 000	−2 248 000	−2 303 000	−2 265 000
Total Equity	−2 028 000	−1 998 000	−2 053 000	−2 015 000
Total Long-Term Debt	2 321 000	2 341 000	2 361 000	2 401 000
Total Current Debt	378 000	234 000	278 000	419 000
Total Equity and Debt	671 000	577 000	587 000	805 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	483 000	884 000	961 000	965 000
Other Income	−32 000	0	36 000	115 000
Revenue	451 000	884 000	997 000	1 080 000
Cost of Goods Sold	0	0	36 000	115 000
Salary Costs	396 000	756 000	901 000	875 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	479 000	824 000	1 033 000	1 037 000
Operating Profit	−29 000	60 000	−36 000	43 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	−1 000	−1 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	−30 000	55 000	−38 000	32 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	25 000	25 000	25 000	25 000
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	477 000	477 000	477 000	477 000
Total Fixed Assets	502 000	502 000	502 000	502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	31 000	35 000	37 000
Total Current Assets	169 000	75 000	84 000	302 000
Total Assets	671 000	577 000	587 000	805 000
Total Equity	−2 028 000	−1 998 000	−2 053 000	−2 015 000
Short-Term Group Debt	0	58 000	0	0
Total Long-Term Debt	2 321 000	2 341 000	2 361 000	2 401 000
Creditors	19 000	19 000	14 000	54 000
Unpaid Taxes	60 000	78 000	104 000	181 000
Dividends	0	0	0	0
Other Current Debt	299 000	75 000	160 000	173 000
Total Current Debt	378 000	234 000	278 000	419 000
Total Equity and Debt	671 000	577 000	587 000	805 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1,48 %	−2,75 %	1,85 %	−1,59 %
Debt-to-Equity Ratio	−1,14	−1,17	−1,15	−1,19
Operating Profit Margin	−6,43 %	6,79 %	−3,61 %	3,98 %
Current Ratio	0,45	0,32	0,3	0,72
Quick Ratio	0,45	0,32	0,3	0,72
Equity Ratio	−3,02	−3,46	−3,5	−2,5
Gross Profit Margin	100 %	100 %	96,39 %	89,35 %