ISITEC EIENDOM AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

7,41 %

Current Ratio

0,29

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 696 000	2 309 000	1 793 000	1 769 000
Net Income	158 000	329 000	238 000	247 000
Total Assets	9 522 000	8 681 000	8 324 000	8 017 000
Total Equity	2 131 000	1 973 000	1 812 000	1 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 696 000	2 309 000	1 793 000	1 769 000
Expenditure	1 267 000	1 669 000	1 268 000	1 171 000
Operating Profit	430 000	640 000	525 000	598 000
Financial Income	1 000	0	0	0
Financial Costs	229 000	219 000	220 000	281 000
Financial Balance	−228 000	−219 000	−220 000	−281 000
Earnings Before Tax	203 000	421 000	305 000	317 000
Tax	45 000	93 000	67 000	70 000
Net Income	158 000	329 000	238 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 197 000	8 357 000	8 080 000	7 825 000
Total Current Assets	325 000	324 000	244 000	192 000
Total Assets	9 522 000	8 681 000	8 324 000	8 017 000
Total Retained Equity	1 051 000	893 000	732 000	494 000
Total Equity	2 131 000	1 973 000	1 812 000	1 574 000
Total Long-Term Debt	6 261 000	6 168 000	6 176 000	5 767 000
Total Current Debt	1 130 000	540 000	336 000	677 000
Total Equity and Debt	9 522 000	8 681 000	8 324 000	8 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	902 000	885 000	814 000	780 000
Other Income	794 000	1 424 000	979 000	990 000
Revenue	1 696 000	2 309 000	1 793 000	1 769 000
Cost of Goods Sold	527 000	1 137 000	871 000	896 000
Salary Costs	0	0	0	0
Depreciation	285 000	201 000	162 000	112 000
Impairment	0	0	0	0
Expenditure	1 267 000	1 669 000	1 268 000	1 171 000
Operating Profit	430 000	640 000	525 000	598 000
Financial Income	1 000	0	0	0
Financial Costs	229 000	219 000	220 000	281 000
Financial Balance	−228 000	−219 000	−220 000	−281 000
Dividends	0	0	0	0
Net Income	158 000	329 000	238 000	247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 052 000	8 177 000	8 047 000	7 825 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	180 000	33 000	0
Total Tangible Assets	9 197 000	8 357 000	8 080 000	7 825 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 197 000	8 357 000	8 080 000	7 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	268 000	263 000	43 000	192 000
Total Current Assets	325 000	324 000	244 000	192 000
Total Assets	9 522 000	8 681 000	8 324 000	8 017 000
Total Equity	2 131 000	1 973 000	1 812 000	1 574 000
Short-Term Group Debt	0	0	0	260 000
Total Long-Term Debt	6 261 000	6 168 000	6 176 000	5 767 000
Creditors	573 000	75 000	21 000	132 000
Unpaid Taxes	19 000	111 000	105 000	32 000
Dividends	0	0	0	0
Other Current Debt	514 000	328 000	160 000	204 000
Total Current Debt	1 130 000	540 000	336 000	677 000
Total Equity and Debt	9 522 000	8 681 000	8 324 000	8 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,41 %	16,68 %	13,13 %	15,69 %
Debt-to-Equity Ratio	2,94	3,13	3,41	3,66
Operating Profit Margin	25,35 %	27,72 %	29,28 %	33,8 %
Current Ratio	0,29	0,6	0,73	0,28
Quick Ratio	0,29	0,6	0,73	0,28
Equity Ratio	0,22	0,23	0,22	0,2
Gross Profit Margin	68,93 %	50,76 %	51,42 %	49,35 %