IT VISION AS

5183 OLSVIK

Finances

Share Ownership

Return on Equity

−11,97 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 000	327 000	410 000	484 000
Net Income	17 000	−82 000	−221 000	−28 000
Total Assets	192 000	277 000	489 000	690 000
Total Equity	−142 000	−159 000	−77 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 000	327 000	410 000	484 000
Expenditure	415 000	407 000	630 000	511 000
Operating Profit	17 000	−81 000	−219 000	−27 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Earnings Before Tax	17 000	−82 000	−221 000	−28 000
Tax	0	0	0	0
Net Income	17 000	−82 000	−221 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	10 000	19 000	27 000
Total Current Assets	189 000	267 000	470 000	663 000
Total Assets	192 000	277 000	489 000	690 000
Total Retained Equity	−242 000	−259 000	−177 000	43 000
Total Equity	−142 000	−159 000	−77 000	143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	334 000	436 000	566 000	546 000
Total Equity and Debt	192 000	277 000	489 000	690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	431 000	378 000	423 000	471 000
Other Income	0	−51 000	−13 000	13 000
Revenue	431 000	327 000	410 000	484 000
Cost of Goods Sold	81 000	127 000	200 000	178 000
Salary Costs	91 000	81 000	292 000	248 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	415 000	407 000	630 000	511 000
Operating Profit	17 000	−81 000	−219 000	−27 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	17 000	−82 000	−221 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	10 000	19 000	27 000
Total Tangible Assets	2 000	10 000	19 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	10 000	19 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	64 000	358 000	525 000
Total Current Assets	189 000	267 000	470 000	663 000
Total Assets	192 000	277 000	489 000	690 000
Total Equity	−142 000	−159 000	−77 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	20 000	46 000	57 000
Unpaid Taxes	7 000	35 000	18 000	55 000
Dividends	0	0	0	0
Other Current Debt	322 000	382 000	502 000	434 000
Total Current Debt	334 000	436 000	566 000	546 000
Total Equity and Debt	192 000	277 000	489 000	690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,97 %	51,57 %	287,01 %	−19,58 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	3,94 %	−24,77 %	−53,41 %	−5,58 %
Current Ratio	0,57	0,61	0,83	1,21
Quick Ratio	0,57	0,61	0,83	1,21
Equity Ratio	−0,74	−0,57	−0,16	0,21
Gross Profit Margin	81,21 %	61,16 %	51,22 %	63,22 %