IT PARTNER AS

4330 ÅLGÅRD

Finances

Share Ownership

Return on Equity

0,98 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 218 000	1 204 000	1 358 000	1 788 000
Net Income	5 000	145 000	24 000	−1 000
Total Assets	702 000	858 000	776 000	717 000
Total Equity	512 000	737 000	592 000	568 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 218 000	1 204 000	1 358 000	1 788 000
Expenditure	1 212 000	1 186 000	1 337 000	1 788 000
Operating Profit	5 000	18 000	22 000	0
Financial Income	2 000	130 000	2 000	2 000
Financial Costs	0	1 000	0	3 000
Financial Balance	2 000	129 000	2 000	−1 000
Earnings Before Tax	7 000	147 000	24 000	−1 000
Tax	1 000	2 000	0	0
Net Income	5 000	145 000	24 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	55 000	55 000
Total Current Assets	702 000	858 000	721 000	662 000
Total Assets	702 000	858 000	776 000	717 000
Total Retained Equity	312 000	307 000	162 000	138 000
Total Equity	512 000	737 000	592 000	568 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	190 000	121 000	184 000	149 000
Total Equity and Debt	702 000	858 000	776 000	717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 218 000	1 204 000	1 358 000	1 788 000
Other Income	0	0	0	0
Revenue	1 218 000	1 204 000	1 358 000	1 788 000
Cost of Goods Sold	727 000	739 000	728 000	1 080 000
Salary Costs	135 000	33 000	173 000	237 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 212 000	1 186 000	1 337 000	1 788 000
Operating Profit	5 000	18 000	22 000	0
Financial Income	2 000	130 000	2 000	2 000
Financial Costs	0	1 000	0	3 000
Financial Balance	2 000	129 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	5 000	145 000	24 000	−1 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	55 000	55 000
Total Fixed Assets	0	0	55 000	55 000
Stock	17 000	14 000	11 000	31 000
Total Investments	0	0	0	0
Cash, Bank	346 000	709 000	521 000	307 000
Total Current Assets	702 000	858 000	721 000	662 000
Total Assets	702 000	858 000	776 000	717 000
Total Equity	512 000	737 000	592 000	568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	138 000	88 000	63 000	49 000
Unpaid Taxes	34 000	19 000	22 000	68 000
Dividends	0	0	0	0
Other Current Debt	16 000	11 000	99 000	32 000
Total Current Debt	190 000	121 000	184 000	149 000
Total Equity and Debt	702 000	858 000	776 000	717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,98 %	19,67 %	4,05 %	−0,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,41 %	1,5 %	1,62 %	0 %
Current Ratio	3,69	7,09	3,92	4,44
Quick Ratio	4,06	8,02	4,17	5,61
Equity Ratio	0,73	0,86	0,76	0,79
Gross Profit Margin	40,31 %	38,62 %	46,39 %	39,6 %