ITJV AS

0555 OSLO

Finances

Share Ownership

Return on Equity

22,27 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 220 000	5 921 000	5 108 000	4 907 000
Net Income	529 000	1 161 000	−14 000	591 000
Total Assets	2 757 000	2 436 000	2 494 000	2 703 000
Total Equity	2 375 000	1 761 000	686 000	826 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 220 000	5 921 000	5 108 000	4 907 000
Expenditure	2 516 000	4 427 000	5 100 000	4 145 000
Operating Profit	704 000	1 494 000	8 000	761 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	6 000	22 000	4 000
Financial Balance	−1 000	−5 000	−21 000	−4 000
Earnings Before Tax	703 000	1 489 000	−14 000	758 000
Tax	174 000	328 000	0	167 000
Net Income	529 000	1 161 000	−14 000	591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 524 000	173 000	388 000	489 000
Total Current Assets	1 233 000	2 263 000	2 106 000	2 213 000
Total Assets	2 757 000	2 436 000	2 494 000	2 703 000
Total Retained Equity	2 345 000	1 731 000	656 000	796 000
Total Equity	2 375 000	1 761 000	686 000	826 000
Total Long-Term Debt	10 000	0	948 000	808 000
Total Current Debt	372 000	675 000	860 000	1 069 000
Total Equity and Debt	2 757 000	2 436 000	2 494 000	2 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	403 000	283 000	429 000	0
Other Income	2 818 000	5 638 000	4 680 000	4 907 000
Revenue	3 220 000	5 921 000	5 108 000	4 907 000
Cost of Goods Sold	949 000	2 126 000	2 667 000	1 753 000
Salary Costs	1 353 000	1 381 000	1 401 000	1 310 000
Depreciation	44 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	2 516 000	4 427 000	5 100 000	4 145 000
Operating Profit	704 000	1 494 000	8 000	761 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	6 000	22 000	4 000
Financial Balance	−1 000	−5 000	−21 000	−4 000
Dividends	0	85 000	125 000	0
Net Income	529 000	1 161 000	−14 000	591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	27 000	54 000	81 000	108 000
Total Intangible Assets	27 000	54 000	81 000	108 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 000	11 000	16 000	22 000
Fixtures	0	24 000	36 000	47 000
Total Tangible Assets	17 000	35 000	52 000	69 000
Total Fiancial Fixed Assets	1 479 000	85 000	255 000	312 000
Total Fixed Assets	1 524 000	173 000	388 000	489 000
Stock	0	0	0	0
Total Investments	692 000	692 000	0	0
Cash, Bank	542 000	1 571 000	2 104 000	2 165 000
Total Current Assets	1 233 000	2 263 000	2 106 000	2 213 000
Total Assets	2 757 000	2 436 000	2 494 000	2 703 000
Total Equity	2 375 000	1 761 000	686 000	826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	0	948 000	808 000
Creditors	14 000	58 000	373 000	659 000
Unpaid Taxes	67 000	75 000	95 000	111 000
Dividends	0	85 000	125 000	0
Other Current Debt	127 000	128 000	267 000	132 000
Total Current Debt	372 000	675 000	860 000	1 069 000
Total Equity and Debt	2 757 000	2 436 000	2 494 000	2 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,27 %	65,93 %	−2,04 %	71,55 %
Debt-to-Equity Ratio	0	0	1,38	0,98
Operating Profit Margin	21,86 %	25,23 %	0,16 %	15,51 %
Current Ratio	3,31	3,35	2,45	2,07
Quick Ratio	3,31	3,35	2,45	2,07
Equity Ratio	0,86	0,72	0,28	0,31
Gross Profit Margin	70,53 %	64,09 %	47,79 %	64,28 %