IT TRENDS AS

0663 OSLO

Finances

Share Ownership

Return on Equity

108,53 %

Current Ratio

1,16

Debt-to-Equity Ratio

−1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	522 000	679 000	1 195 000	1 661 000
Net Income	−229 000	−33 000	11 000	152 000
Total Assets	494 000	526 000	430 000	653 000
Total Equity	−211 000	18 000	51 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	522 000	679 000	1 195 000	1 661 000
Expenditure	751 000	704 000	1 184 000	1 508 000
Operating Profit	−228 000	−25 000	11 000	152 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	0	1 000
Financial Balance	0	−8 000	0	−1 000
Earnings Before Tax	−229 000	−33 000	11 000	152 000
Tax	0	0	0	0
Net Income	−229 000	−33 000	11 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	−44 000	−8 000	140 000
Total Current Assets	438 000	570 000	438 000	512 000
Total Assets	494 000	526 000	430 000	653 000
Total Retained Equity	−241 000	−12 000	21 000	10 000
Total Equity	−211 000	18 000	51 000	40 000
Total Long-Term Debt	325 000	79 000	−52 000	91 000
Total Current Debt	379 000	429 000	431 000	522 000
Total Equity and Debt	494 000	526 000	430 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	725 000	396 000	1 195 000	1 671 000
Other Income	−203 000	283 000	0	−11 000
Revenue	522 000	679 000	1 195 000	1 661 000
Cost of Goods Sold	0	62 000	0	0
Salary Costs	546 000	486 000	905 000	1 166 000
Depreciation	14 000	8 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	751 000	704 000	1 184 000	1 508 000
Operating Profit	−228 000	−25 000	11 000	152 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	0	1 000
Financial Balance	0	−8 000	0	−1 000
Dividends	0	0	0	0
Net Income	−229 000	−33 000	11 000	152 000

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	56 000	31 000	38 000	48 000
Total Tangible Assets	56 000	31 000	38 000	48 000
Total Fiancial Fixed Assets	0	−75 000	−46 000	93 000
Total Fixed Assets	56 000	−44 000	−8 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	1 000	72 000	70 000
Total Current Assets	438 000	570 000	438 000	512 000
Total Assets	494 000	526 000	430 000	653 000
Total Equity	−211 000	18 000	51 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	325 000	79 000	−52 000	91 000
Creditors	−154 000	−72 000	−261 000	−38 000
Unpaid Taxes	134 000	277 000	329 000	279 000
Dividends	0	0	0	0
Other Current Debt	399 000	224 000	364 000	280 000
Total Current Debt	379 000	429 000	431 000	522 000
Total Equity and Debt	494 000	526 000	430 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,53 %	−183,33 %	21,57 %	380 %
Debt-to-Equity Ratio	−1,54	4,39	−1,02	2,28
Operating Profit Margin	−43,68 %	−3,68 %	0,92 %	9,15 %
Current Ratio	1,16	1,33	1,02	0,98
Quick Ratio	1,16	1,33	1,02	0,98
Equity Ratio	−0,43	0,03	0,12	0,06
Gross Profit Margin	100 %	90,87 %	100 %	100 %