ITRAIN AS

5005 BERGEN

Finances

Share Ownership

Return on Equity

24,6 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,59

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 311 000	5 106 000	5 950 000	9 406 000
Net Income	−1 005 000	−1 722 000	−2 482 000	324 000
Total Assets	4 642 000	3 913 000	4 287 000	4 978 000
Total Equity	−4 085 000	−3 080 000	−1 358 000	1 124 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 311 000	5 106 000	5 950 000	9 406 000
Expenditure	6 231 000	6 687 000	8 088 000	8 828 000
Operating Profit	−919 000	−1 581 000	−2 138 000	578 000
Financial Income	0	0	4 000	5 000
Financial Costs	86 000	141 000	348 000	259 000
Financial Balance	−86 000	−141 000	−344 000	−254 000
Earnings Before Tax	−1 005 000	−1 722 000	−2 482 000	324 000
Tax	0	0	0	0
Net Income	−1 005 000	−1 722 000	−2 482 000	324 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 344 000	3 300 000	3 842 000	4 072 000
Total Current Assets	2 299 000	613 000	445 000	907 000
Total Assets	4 642 000	3 913 000	4 287 000	4 978 000
Total Retained Equity	−4 385 000	−3 380 000	−1 658 000	824 000
Total Equity	−4 085 000	−3 080 000	−1 358 000	1 124 000
Total Long-Term Debt	2 402 000	1 995 000	2 210 000	1 871 000
Total Current Debt	6 325 000	4 998 000	3 435 000	1 983 000
Total Equity and Debt	4 642 000	3 913 000	4 287 000	4 978 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 413 000	3 597 000	5 950 000	7 887 000
Other Income	898 000	1 509 000	0	1 519 000
Revenue	5 311 000	5 106 000	5 950 000	9 406 000
Cost of Goods Sold	0	0	32 000	38 000
Salary Costs	912 000	1 282 000	1 775 000	1 649 000
Depreciation	763 000	753 000	697 000	489 000
Impairment	0	0	0	0
Expenditure	6 231 000	6 687 000	8 088 000	8 828 000
Operating Profit	−919 000	−1 581 000	−2 138 000	578 000
Financial Income	0	0	4 000	5 000
Financial Costs	86 000	141 000	348 000	259 000
Financial Balance	−86 000	−141 000	−344 000	−254 000
Dividends	0	0	0	0
Net Income	−1 005 000	−1 722 000	−2 482 000	324 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	16 000	32 000	49 000
Real Eastate	1 727 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	563 000	3 037 000	3 661 000	4 012 000
Total Tangible Assets	2 290 000	3 037 000	3 661 000	4 012 000
Total Fiancial Fixed Assets	53 000	247 000	149 000	11 000
Total Fixed Assets	2 344 000	3 300 000	3 842 000	4 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	265 000	10 000	89 000	56 000
Total Current Assets	2 299 000	613 000	445 000	907 000
Total Assets	4 642 000	3 913 000	4 287 000	4 978 000
Total Equity	−4 085 000	−3 080 000	−1 358 000	1 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 402 000	1 995 000	2 210 000	1 871 000
Creditors	6 010 000	4 729 000	3 040 000	1 557 000
Unpaid Taxes	47 000	68 000	91 000	56 000
Dividends	0	0	0	0
Other Current Debt	267 000	202 000	304 000	198 000
Total Current Debt	6 325 000	4 998 000	3 435 000	1 983 000
Total Equity and Debt	4 642 000	3 913 000	4 287 000	4 978 000

Financial indicators	2021	2020	2019	2018
Return on Equity	24,6 %	55,91 %	182,77 %	28,83 %
Debt-to-Equity Ratio	−0,59	−0,65	−1,63	1,66
Operating Profit Margin	−17,3 %	−30,96 %	−35,93 %	6,15 %
Current Ratio	0,36	0,12	0,13	0,46
Quick Ratio	0,36	0,12	0,13	0,46
Equity Ratio	−0,88	−0,79	−0,32	0,23
Gross Profit Margin	100 %	100 %	99,46 %	99,6 %