ITEVO AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

11,31 %

Current Ratio

12,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 000	250 000	279 000	274 000
Net Income	25 000	113 000	−35 000	−70 000
Total Assets	239 000	310 000	133 000	151 000
Total Equity	221 000	196 000	83 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 000	250 000	279 000	274 000
Expenditure	40 000	104 000	309 000	365 000
Operating Profit	32 000	145 000	−29 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	32 000	145 000	−29 000	−90 000
Tax	7 000	32 000	6 000	−20 000
Net Income	25 000	113 000	−35 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	0	41 000	20 000
Total Current Assets	218 000	310 000	92 000	131 000
Total Assets	239 000	310 000	133 000	151 000
Total Retained Equity	191 000	166 000	53 000	88 000
Total Equity	221 000	196 000	83 000	118 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 000	114 000	50 000	33 000
Total Equity and Debt	239 000	310 000	133 000	151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	250 000	279 000	274 000
Other Income	0	0	0	0
Revenue	72 000	250 000	279 000	274 000
Cost of Goods Sold	0	42 000	222 000	282 000
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 000	104 000	309 000	365 000
Operating Profit	32 000	145 000	−29 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	25 000	113 000	−35 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	20 000
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	22 000	0	28 000	0
Total Fixed Assets	22 000	0	41 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	310 000	77 000	131 000
Total Current Assets	218 000	310 000	92 000	131 000
Total Assets	239 000	310 000	133 000	151 000
Total Equity	221 000	196 000	83 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	41 000	122 000
Unpaid Taxes	10 000	63 000	9 000	−61 000
Dividends	0	0	0	0
Other Current Debt	0	32 000	0	−28 000
Total Current Debt	18 000	114 000	50 000	33 000
Total Equity and Debt	239 000	310 000	133 000	151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,31 %	57,65 %	−42,17 %	−59,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,44 %	58 %	−10,39 %	−32,85 %
Current Ratio	12,11	2,72	1,84	3,97
Quick Ratio	12,11	2,72	1,84	3,97
Equity Ratio	0,92	0,63	0,62	0,78
Gross Profit Margin	100 %	83,2 %	20,43 %	−2,92 %