ITALIENSK BAKERI AS

3420 LIERSKOGEN

Finances

Share Ownership

Return on Equity

54,37 %

Current Ratio

19,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 230 000	11 702 000	10 999 000	17 324 000
Net Income	1 200 000	1 165 000	−228 000	−452 000
Total Assets	2 303 000	1 012 000	1 498 000	1 724 000
Total Equity	2 207 000	1 007 000	−158 000	−437 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 230 000	11 702 000	10 999 000	17 324 000
Expenditure	13 987 000	10 529 000	11 207 000	17 771 000
Operating Profit	1 244 000	1 174 000	−207 000	−446 000
Financial Income	2 000	2 000	3 000	7 000
Financial Costs	10 000	11 000	24 000	13 000
Financial Balance	−8 000	−9 000	−21 000	−6 000
Earnings Before Tax	1 236 000	1 165 000	−228 000	−452 000
Tax	36 000	0	0	0
Net Income	1 200 000	1 165 000	−228 000	−452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	477 000	296 000	433 000	601 000
Total Current Assets	1 826 000	716 000	1 065 000	1 123 000
Total Assets	2 303 000	1 012 000	1 498 000	1 724 000
Total Retained Equity	−156 000	−1 356 000	−2 521 000	−2 800 000
Total Equity	2 207 000	1 007 000	−158 000	−437 000
Total Long-Term Debt	0	154 000	488 000	0
Total Current Debt	96 000	−149 000	1 168 000	2 161 000
Total Equity and Debt	2 303 000	1 012 000	1 498 000	1 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 230 000	11 702 000	10 832 000	17 324 000
Other Income	0	0	167 000	0
Revenue	15 230 000	11 702 000	10 999 000	17 324 000
Cost of Goods Sold	5 293 000	4 572 000	5 312 000	8 042 000
Salary Costs	5 140 000	3 372 000	3 430 000	6 106 000
Depreciation	170 000	176 000	239 000	1 073 000
Impairment	0	0	0	0
Expenditure	13 987 000	10 529 000	11 207 000	17 771 000
Operating Profit	1 244 000	1 174 000	−207 000	−446 000
Financial Income	2 000	2 000	3 000	7 000
Financial Costs	10 000	11 000	24 000	13 000
Financial Balance	−8 000	−9 000	−21 000	−6 000
Dividends	0	0	0	0
Net Income	1 200 000	1 165 000	−228 000	−452 000

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	33 000	102 000	194 000
Fixtures	420 000	263 000	330 000	407 000
Total Tangible Assets	421 000	296 000	433 000	601 000
Total Fiancial Fixed Assets	56 000	0	0	0
Total Fixed Assets	477 000	296 000	433 000	601 000
Stock	914 000	451 000	424 000	486 000
Total Investments	0	0	0	0
Cash, Bank	146 000	130 000	89 000	113 000
Total Current Assets	1 826 000	716 000	1 065 000	1 123 000
Total Assets	2 303 000	1 012 000	1 498 000	1 724 000
Total Equity	2 207 000	1 007 000	−158 000	−437 000
Short-Term Group Debt	0	0	0	718 000
Total Long-Term Debt	0	154 000	488 000	0
Creditors	500 000	357 000	578 000	491 000
Unpaid Taxes	433 000	374 000	211 000	431 000
Dividends	0	0	0	0
Other Current Debt	485 000	334 000	379 000	521 000
Total Current Debt	96 000	−149 000	1 168 000	2 161 000
Total Equity and Debt	2 303 000	1 012 000	1 498 000	1 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,37 %	115,69 %	144,3 %	103,43 %
Debt-to-Equity Ratio	0	0,15	−3,09	−0
Operating Profit Margin	8,17 %	10,03 %	−1,88 %	−2,57 %
Current Ratio	19,02	−4,81	0,91	0,52
Quick Ratio	−2,23	−1,19	1,43	0,67
Equity Ratio	0,96	1	−0,11	−0,25
Gross Profit Margin	65,25 %	60,93 %	51,7 %	53,58 %