ITASSIST AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−18,88 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 580 000	1 691 000	2 723 000	2 033 000
Net Income	−215 000	−978 000	−367 000	−306 000
Total Assets	2 034 000	2 362 000	1 419 000	1 815 000
Total Equity	1 139 000	1 354 000	831 000	599 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 580 000	1 691 000	2 723 000	2 033 000
Expenditure	2 736 000	2 596 000	3 209 000	2 409 000
Operating Profit	−156 000	−905 000	−486 000	−376 000
Financial Income	2 000	7 000	137 000	6 000
Financial Costs	60 000	79 000	17 000	5 000
Financial Balance	−58 000	−72 000	120 000	1 000
Earnings Before Tax	−215 000	−978 000	−367 000	−375 000
Tax	0	0	0	−69 000
Net Income	−215 000	−978 000	−367 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	846 000	829 000	800 000
Total Current Assets	1 346 000	1 516 000	590 000	1 015 000
Total Assets	2 034 000	2 362 000	1 419 000	1 815 000
Total Retained Equity	−1 115 000	−900 000	77 000	445 000
Total Equity	1 139 000	1 354 000	831 000	599 000
Total Long-Term Debt	73 000	327 000	162 000	115 000
Total Current Debt	822 000	681 000	426 000	1 102 000
Total Equity and Debt	2 034 000	2 362 000	1 419 000	1 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 558 000	1 296 000	2 723 000	2 033 000
Other Income	1 022 000	395 000	0	0
Revenue	2 580 000	1 691 000	2 723 000	2 033 000
Cost of Goods Sold	470 000	428 000	702 000	456 000
Salary Costs	1 564 000	1 634 000	1 897 000	1 184 000
Depreciation	7 000	7 000	7 000	0
Impairment	150 000	0	0	0
Expenditure	2 736 000	2 596 000	3 209 000	2 409 000
Operating Profit	−156 000	−905 000	−486 000	−376 000
Financial Income	2 000	7 000	137 000	6 000
Financial Costs	60 000	79 000	17 000	5 000
Financial Balance	−58 000	−72 000	120 000	1 000
Dividends	0	0	0	0
Net Income	−215 000	−978 000	−367 000	−306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	650 000	800 000	800 000	800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	21 000	29 000	0
Total Tangible Assets	14 000	21 000	29 000	0
Total Fiancial Fixed Assets	24 000	24 000	0	0
Total Fixed Assets	688 000	846 000	829 000	800 000
Stock	0	0	0	0
Total Investments	0	221 000	0	0
Cash, Bank	985 000	891 000	439 000	173 000
Total Current Assets	1 346 000	1 516 000	590 000	1 015 000
Total Assets	2 034 000	2 362 000	1 419 000	1 815 000
Total Equity	1 139 000	1 354 000	831 000	599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 000	327 000	162 000	115 000
Creditors	59 000	−17 000	202 000	472 000
Unpaid Taxes	142 000	167 000	74 000	47 000
Dividends	0	0	0	0
Other Current Debt	621 000	532 000	151 000	583 000
Total Current Debt	822 000	681 000	426 000	1 102 000
Total Equity and Debt	2 034 000	2 362 000	1 419 000	1 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,88 %	−72,23 %	−44,16 %	−51,09 %
Debt-to-Equity Ratio	0,06	0,24	0,19	0,19
Operating Profit Margin	−6,05 %	−53,52 %	−17,85 %	−18,49 %
Current Ratio	1,64	2,23	1,38	0,92
Quick Ratio	1,64	2,23	1,38	0,92
Equity Ratio	0,56	0,57	0,59	0,33
Gross Profit Margin	81,78 %	74,69 %	74,22 %	77,57 %