IFA TECH AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

480,94 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 580 000	4 265 000	1 655 000	1 523 000
Net Income	−1 438 000	88 000	−1 214 000	−3 209 000
Total Assets	5 244 000	3 974 000	4 678 000	4 878 000
Total Equity	−299 000	1 140 000	−449 000	766 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 580 000	4 265 000	1 655 000	1 523 000
Expenditure	5 118 000	3 900 000	2 956 000	5 487 000
Operating Profit	−1 538 000	365 000	−1 301 000	−3 964 000
Financial Income	9 000	4 000	8 000	8 000
Financial Costs	314 000	255 000	264 000	150 000
Financial Balance	−305 000	−251 000	−256 000	−142 000
Earnings Before Tax	−1 844 000	114 000	−1 557 000	−4 106 000
Tax	−405 000	25 000	−342 000	−896 000
Net Income	−1 438 000	88 000	−1 214 000	−3 209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 858 000	2 452 000	2 478 000	2 181 000
Total Current Assets	2 386 000	1 522 000	2 200 000	2 698 000
Total Assets	5 244 000	3 974 000	4 678 000	4 878 000
Total Retained Equity	−2 067 000	−629 000	−717 000	497 000
Total Equity	−299 000	1 140 000	−449 000	766 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 543 000	2 834 000	5 126 000	4 113 000
Total Equity and Debt	5 244 000	3 974 000	4 678 000	4 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 580 000	4 265 000	1 655 000	1 523 000
Other Income	0	0	0	0
Revenue	3 580 000	4 265 000	1 655 000	1 523 000
Cost of Goods Sold	2 473 000	2 624 000	1 087 000	871 000
Salary Costs	1 755 000	442 000	824 000	2 745 000
Depreciation	0	0	38 000	68 000
Impairment	0	0	0	0
Expenditure	5 118 000	3 900 000	2 956 000	5 487 000
Operating Profit	−1 538 000	365 000	−1 301 000	−3 964 000
Financial Income	9 000	4 000	8 000	8 000
Financial Costs	314 000	255 000	264 000	150 000
Financial Balance	−305 000	−251 000	−256 000	−142 000
Dividends	0	0	0	0
Net Income	−1 438 000	88 000	−1 214 000	−3 209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 856 000	2 450 000	2 476 000	2 134 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	38 000
Total Tangible Assets	0	0	0	38 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	9 000
Total Fixed Assets	2 858 000	2 452 000	2 478 000	2 181 000
Stock	946 000	1 410 000	1 788 000	1 941 000
Total Investments	0	0	0	0
Cash, Bank	84 000	15 000	15 000	143 000
Total Current Assets	2 386 000	1 522 000	2 200 000	2 698 000
Total Assets	5 244 000	3 974 000	4 678 000	4 878 000
Total Equity	−299 000	1 140 000	−449 000	766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	901 000	190 000	211 000	158 000
Unpaid Taxes	695 000	167 000	113 000	379 000
Dividends	0	0	0	0
Other Current Debt	1 144 000	506 000	1 949 000	885 000
Total Current Debt	5 543 000	2 834 000	5 126 000	4 113 000
Total Equity and Debt	5 244 000	3 974 000	4 678 000	4 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	480,94 %	7,72 %	270,38 %	−418,93 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−42,96 %	8,56 %	−78,61 %	−260,28 %
Current Ratio	0,43	0,54	0,43	0,66
Quick Ratio	0,52	1,07	0,66	1,24
Equity Ratio	−0,06	0,29	−0,1	0,16
Gross Profit Margin	30,92 %	38,48 %	34,32 %	42,81 %