IMMOTECH BILELEKTRO SYSTEM A/S

3426 GULLAUG

Finances

Share Ownership

Return on Equity

−27,45 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	836 000	895 000	900 000	1 048 000
Net Income	−84 000	34 000	−27 000	172 000
Total Assets	524 000	558 000	475 000	566 000
Total Equity	306 000	391 000	356 000	383 000

Income (NOK)	2022	2021	2020	2019
Revenue	836 000	895 000	900 000	1 048 000
Expenditure	920 000	851 000	934 000	827 000
Operating Profit	−84 000	44 000	−34 000	221 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−84 000	44 000	−34 000	220 000
Tax	0	10 000	−8 000	49 000
Net Income	−84 000	34 000	−27 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	61 000	12 000	0
Total Current Assets	465 000	497 000	463 000	566 000
Total Assets	524 000	558 000	475 000	566 000
Total Retained Equity	276 000	361 000	326 000	353 000
Total Equity	306 000	391 000	356 000	383 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 000	167 000	118 000	183 000
Total Equity and Debt	524 000	558 000	475 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	836 000	895 000	900 000	1 048 000
Other Income	0	0	0	0
Revenue	836 000	895 000	900 000	1 048 000
Cost of Goods Sold	171 000	375 000	379 000	91 000
Salary Costs	517 000	261 000	385 000	527 000
Depreciation	0	12 000	5 000	0
Impairment	0	0	0	0
Expenditure	920 000	851 000	934 000	827 000
Operating Profit	−84 000	44 000	−34 000	221 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−84 000	34 000	−27 000	172 000

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	0	12 000	0
Total Tangible Assets	0	0	12 000	0
Total Fiancial Fixed Assets	59 000	61 000	0	0
Total Fixed Assets	59 000	61 000	12 000	0
Stock	351 000	267 000	292 000	338 000
Total Investments	0	0	0	0
Cash, Bank	111 000	215 000	158 000	225 000
Total Current Assets	465 000	497 000	463 000	566 000
Total Assets	524 000	558 000	475 000	566 000
Total Equity	306 000	391 000	356 000	383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	2 000	0	0
Unpaid Taxes	70 000	52 000	73 000	83 000
Dividends	0	0	0	0
Other Current Debt	132 000	104 000	46 000	51 000
Total Current Debt	218 000	167 000	118 000	183 000
Total Equity and Debt	524 000	558 000	475 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,45 %	8,7 %	−7,58 %	44,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,05 %	4,92 %	−3,78 %	21,09 %
Current Ratio	2,13	2,98	3,92	3,09
Quick Ratio	−3,5	−4,97	−2,66	−3,65
Equity Ratio	0,58	0,7	0,75	0,68
Gross Profit Margin	79,55 %	58,1 %	57,89 %	91,32 %