ITHAC AS

1367 SNARØYA

Finances

Return on Equity

1,47 %

Current Ratio

53,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	36 000	27 000	3 000
Net Income	12 000	19 000	82 000	37 000
Total Assets	834 000	1 361 000	1 348 000	1 320 000
Total Equity	819 000	807 000	788 000	706 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	36 000	27 000	3 000
Expenditure	0	17 000	−40 000	46 000
Operating Profit	7 000	18 000	67 000	−44 000
Financial Income	8 000	1 000	16 000	0
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	16 000	0
Earnings Before Tax	15 000	19 000	82 000	−44 000
Tax	3 000	0	0	−81 000
Net Income	12 000	19 000	82 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	25 000	0	0
Total Current Assets	809 000	1 336 000	1 348 000	1 320 000
Total Assets	834 000	1 361 000	1 348 000	1 320 000
Total Retained Equity	319 000	307 000	288 000	206 000
Total Equity	819 000	807 000	788 000	706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	554 000	560 000	615 000
Total Equity and Debt	834 000	1 361 000	1 348 000	1 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	36 000	27 000	3 000
Other Income	0	0	0	0
Revenue	7 000	36 000	27 000	3 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−79 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	17 000	−40 000	46 000
Operating Profit	7 000	18 000	67 000	−44 000
Financial Income	8 000	1 000	16 000	0
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	16 000	0
Dividends	0	0	0	0
Net Income	12 000	19 000	82 000	37 000

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	25 000	25 000	0	0
Total Fixed Assets	25 000	25 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	809 000	1 336 000	1 348 000	1 320 000
Total Current Assets	809 000	1 336 000	1 348 000	1 320 000
Total Assets	834 000	1 361 000	1 348 000	1 320 000
Total Equity	819 000	807 000	788 000	706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	4 000	18 000	0
Unpaid Taxes	0	0	0	79 000
Dividends	0	0	0	0
Other Current Debt	8 000	550 000	542 000	536 000
Total Current Debt	15 000	554 000	560 000	615 000
Total Equity and Debt	834 000	1 361 000	1 348 000	1 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,47 %	2,35 %	10,41 %	5,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	100 %	50 %	248,15 %	−1 466,67 %
Current Ratio	53,93	2,41	2,41	2,15
Quick Ratio	53,93	2,41	2,41	2,15
Equity Ratio	0,98	0,59	0,58	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %