INCITEX AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

−108,45 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	484 000	3 037 000	6 511 000	11 564 000
Net Income	−449 000	−123 000	860 000	−1 508 000
Total Assets	627 000	3 533 000	4 322 000	4 839 000
Total Equity	414 000	1 559 000	1 682 000	821 000

Income (NOK)	2022	2021	2020	2019
Revenue	484 000	3 037 000	6 511 000	11 564 000
Expenditure	1 002 000	3 104 000	5 300 000	13 392 000
Operating Profit	−517 000	−68 000	1 211 000	−1 829 000
Financial Income	4 000	3 000	0	35 000
Financial Costs	62 000	88 000	106 000	135 000
Financial Balance	−58 000	−85 000	−106 000	−100 000
Earnings Before Tax	−575 000	−153 000	1 106 000	−1 929 000
Tax	−126 000	−30 000	245 000	−421 000
Net Income	−449 000	−123 000	860 000	−1 508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	3 252 000	3 243 000	3 458 000
Total Current Assets	296 000	281 000	1 080 000	1 381 000
Total Assets	627 000	3 533 000	4 322 000	4 839 000
Total Retained Equity	384 000	1 529 000	1 652 000	791 000
Total Equity	414 000	1 559 000	1 682 000	821 000
Total Long-Term Debt	0	1 638 000	1 871 000	2 080 000
Total Current Debt	213 000	336 000	769 000	1 938 000
Total Equity and Debt	627 000	3 533 000	4 322 000	4 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 000	2 922 000	6 353 000	11 564 000
Other Income	178 000	115 000	158 000	0
Revenue	484 000	3 037 000	6 511 000	11 564 000
Cost of Goods Sold	9 000	1 830 000	3 075 000	5 908 000
Salary Costs	−318 000	1 025 000	1 543 000	6 459 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 002 000	3 104 000	5 300 000	13 392 000
Operating Profit	−517 000	−68 000	1 211 000	−1 829 000
Financial Income	4 000	3 000	0	35 000
Financial Costs	62 000	88 000	106 000	135 000
Financial Balance	−58 000	−85 000	−106 000	−100 000
Dividends	0	0	0	0
Net Income	−449 000	−123 000	860 000	−1 508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	331 000	205 000	176 000	421 000
Real Eastate	0	3 037 000	3 037 000	3 037 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	3 037 000	3 037 000	3 037 000
Total Fiancial Fixed Assets	0	10 000	30 000	0
Total Fixed Assets	331 000	3 252 000	3 243 000	3 458 000
Stock	0	0	0	0
Total Investments	16 000	131 000	10 000	0
Cash, Bank	198 000	127 000	196 000	1 216 000
Total Current Assets	296 000	281 000	1 080 000	1 381 000
Total Assets	627 000	3 533 000	4 322 000	4 839 000
Total Equity	414 000	1 559 000	1 682 000	821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 638 000	1 871 000	2 080 000
Creditors	134 000	176 000	41 000	37 000
Unpaid Taxes	39 000	48 000	274 000	978 000
Dividends	0	0	0	0
Other Current Debt	40 000	112 000	454 000	923 000
Total Current Debt	213 000	336 000	769 000	1 938 000
Total Equity and Debt	627 000	3 533 000	4 322 000	4 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−108,45 %	−7,89 %	51,13 %	−183,68 %
Debt-to-Equity Ratio	0	1,05	1,11	2,53
Operating Profit Margin	−106,82 %	−2,24 %	18,6 %	−15,82 %
Current Ratio	1,39	0,84	1,4	0,71
Quick Ratio	1,39	0,84	1,4	0,71
Equity Ratio	0,66	0,44	0,39	0,17
Gross Profit Margin	98,14 %	39,74 %	52,77 %	48,91 %