F5 It AS

ASDissolved

Org 919534508Kanalsletta 2, 4033 StavangerKonsulentvirksomhet tilknyttet informasjonsteknologi· NACE 62020Est. 2017 · 9 years old13 employeeshttps://www.f5it.com

Overview

F5 It AS is a Norwegian AS based in Stavanger, operating in the Konsulentvirksomhet tilknyttet informasjonsteknologi sector. Incorporated in 2017, the company has 13 employees and reported revenue of NOK 13.4m in its latest annual filing.

Revenue 2021

13.4M NOK

+4% vs 2020

EBITDA margin

6.1 %

−41% vs 2020

Net profit 2021

-0.3M NOK

-417% vs 2020

Key ratios

See full ratios →

33.9 %

Weak

Among the 40% lowest rated companies in the industry

20172021

0.8×

Weak

Among the 30% lowest rated companies in the industry

20172021

-4.9 %

Weak

Among the 40% lowest rated companies in the industry

20172021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	13.4M NOK	+4%
EBITDA	0.8M NOK	-41%
Net profit	-0.3M NOK	-417%
Total assets	5.2M NOK	-4%
Equity	1.8M NOK	-13%
Employees	13	—

Contact

Address

Kanalsletta 2, 4033 Stavanger

post@f5it.com

Website

https://www.f5it.com

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Financial development

In its most recent annual report (2021), F5 It AS reported revenue of NOK 13.4m, an increase of 4% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net loss of NOK 252.3k, and the EBITDA margin stood at 6.1%.

At the end of 2021, equity financed 33.9% of the balance sheet, and current assets covered short-term debt 0.8 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018	2017
Revenue	13,398	12,926	12,761	13,268	4,339
Staff expenses	-7,456	-6,519	-3,675	-3,301	-1,041
EBITDA	813	1,368	1,346	648	382
Depreciation & amort.	-1,300	-1,163	-1,030	-608	-67
EBIT	-487	206	315	39	315
Net financials	109	-98	-96	65	-16
Profit before tax	-379	107	219	104	299
Tax	-127	28	51	3	75
Net profit	-252	80	168	101	225

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2017
Total assets	5,196	5,402	6,044	5,280	5,513
Equity	1,761	2,013	2,035	1,867	2,255
Long-term debt	884	1,010	1,008	1,001	1,000
Short-term debt	2,551	2,379	3,001	2,412	2,258
Total debt	3,435	3,389	4,008	3,413	3,258

Financial ratios

5-year trend

EBITDA margin

6.1 %

20172021

Equity ratio

33.9 %

Weak

Among the 40% lowest rated companies in the industry

20172021

Return on equity

-14.3 %

Weak

Among the 30% lowest rated companies in the industry

20172021

Net profit margin

-1.9 %

Weak

Among the 40% lowest rated companies in the industry

20172021

Asset turnover

2.58×

Very strong

Among the 20% highest rated companies in the industry

20172021

Debt / equity

1.95×

Weak

Among the 30% lowest rated companies in the industry

20172021

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 40% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 30% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 20% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 30% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 40% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of F5 It AS?

F5 It AS is registered with Brønnøysundsregistrene under Org 919534508.

What is the revenue of F5 It AS?

F5 It AS reported revenue of NOK 13.4m in 2021.

How many employees does F5 It AS have?

F5 It AS employs 13 people as of the latest annual report.

Where is F5 It AS headquartered?

F5 It AS's registered address is Kanalsletta 2.