SOURCEIT AS

4950 RISØR

Finances

Return on Equity

−70,71 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 619 000	1 886 000	1 704 000	1 766 000
Net Income	140 000	114 000	6 000	−284 000
Total Assets	808 000	645 000	497 000	533 000
Total Equity	−198 000	−338 000	−452 000	−458 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 619 000	1 886 000	1 704 000	1 766 000
Expenditure	1 470 000	1 773 000	1 697 000	2 051 000
Operating Profit	148 000	115 000	7 000	−285 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	0	1 000	0
Financial Balance	−8 000	0	−1 000	1 000
Earnings Before Tax	140 000	114 000	6 000	−284 000
Tax	0	0	0	0
Net Income	140 000	114 000	6 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	330 000	117 000	79 000
Total Current Assets	495 000	315 000	380 000	455 000
Total Assets	808 000	645 000	497 000	533 000
Total Retained Equity	−234 000	−374 000	−488 000	−494 000
Total Equity	−198 000	−338 000	−452 000	−458 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 006 000	983 000	950 000	992 000
Total Equity and Debt	808 000	645 000	497 000	533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 545 000	1 731 000	1 679 000	1 730 000
Other Income	74 000	156 000	25 000	36 000
Revenue	1 619 000	1 886 000	1 704 000	1 766 000
Cost of Goods Sold	0	33 000	29 000	34 000
Salary Costs	1 093 000	1 460 000	1 427 000	1 404 000
Depreciation	10 000	7 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 470 000	1 773 000	1 697 000	2 051 000
Operating Profit	148 000	115 000	7 000	−285 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	0	1 000	0
Financial Balance	−8 000	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	140 000	114 000	6 000	−284 000

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	0	10 000	17 000	0
Total Tangible Assets	0	10 000	17 000	0
Total Fiancial Fixed Assets	313 000	321 000	101 000	79 000
Total Fixed Assets	313 000	330 000	117 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	129 000	40 000	57 000	8 000
Total Current Assets	495 000	315 000	380 000	455 000
Total Assets	808 000	645 000	497 000	533 000
Total Equity	−198 000	−338 000	−452 000	−458 000
Short-Term Group Debt	750 000	750 000	750 000	750 000
Total Long-Term Debt	0	0	0	0
Creditors	10 000	14 000	0	23 000
Unpaid Taxes	62 000	45 000	39 000	57 000
Dividends	0	0	0	0
Other Current Debt	184 000	175 000	160 000	161 000
Total Current Debt	1 006 000	983 000	950 000	992 000
Total Equity and Debt	808 000	645 000	497 000	533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,71 %	−33,73 %	−1,33 %	62,01 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	9,14 %	6,1 %	0,41 %	−16,14 %
Current Ratio	0,49	0,32	0,4	0,46
Quick Ratio	0,49	0,32	0,4	0,46
Equity Ratio	−0,25	−0,52	−0,91	−0,86
Gross Profit Margin	100 %	98,25 %	98,3 %	98,07 %