ITO PALLPACK AS

0680 OSLO

Finances

Share Ownership

Return on Equity

53,48 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 451 000	121 799 000	114 020 000	93 085 000
Net Income	24 413 000	12 782 000	12 233 000	5 052 000
Total Assets	120 301 000	64 709 000	52 487 000	42 119 000
Total Equity	45 650 000	21 237 000	8 456 000	4 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 451 000	121 799 000	114 020 000	93 085 000
Expenditure	115 222 000	106 408 000	99 680 000	88 421 000
Operating Profit	28 230 000	15 391 000	14 340 000	4 664 000
Financial Income	2 421 000	309 000	578 000	645 000
Financial Costs	742 000	338 000	386 000	240 000
Financial Balance	1 679 000	−29 000	192 000	405 000
Earnings Before Tax	29 909 000	15 362 000	14 533 000	5 069 000
Tax	5 496 000	2 580 000	2 299 000	17 000
Net Income	24 413 000	12 782 000	12 233 000	5 052 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 926 000	2 261 000	2 373 000	1 202 000
Total Current Assets	115 375 000	62 448 000	50 114 000	40 917 000
Total Assets	120 301 000	64 709 000	52 487 000	42 119 000
Total Retained Equity	45 064 000	20 651 000	7 870 000	3 876 000
Total Equity	45 650 000	21 237 000	8 456 000	4 212 000
Total Long-Term Debt	1 576 000	653 000	559 000	183 000
Total Current Debt	73 074 000	42 818 000	43 473 000	37 724 000
Total Equity and Debt	120 301 000	64 709 000	52 487 000	42 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	143 451 000	121 799 000	114 020 000	93 085 000
Other Income	0	0	0	0
Revenue	143 451 000	121 799 000	114 020 000	93 085 000
Cost of Goods Sold	67 656 000	61 672 000	63 445 000	62 136 000
Salary Costs	32 208 000	30 838 000	23 950 000	16 726 000
Depreciation	942 000	667 000	775 000	316 000
Impairment	0	0	0	0
Expenditure	115 222 000	106 408 000	99 680 000	88 421 000
Operating Profit	28 230 000	15 391 000	14 340 000	4 664 000
Financial Income	2 421 000	309 000	578 000	645 000
Financial Costs	742 000	338 000	386 000	240 000
Financial Balance	1 679 000	−29 000	192 000	405 000
Dividends	0	0	10 000 000	8 657 000
Net Income	24 413 000	12 782 000	12 233 000	5 052 000

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	4 926 000	2 261 000	2 373 000	1 202 000
Total Tangible Assets	4 926 000	2 261 000	2 373 000	1 202 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 926 000	2 261 000	2 373 000	1 202 000
Stock	7 875 000	9 572 000	7 548 000	7 363 000
Total Investments	0	0	0	0
Cash, Bank	39 117 000	6 755 000	5 326 000	4 062 000
Total Current Assets	115 375 000	62 448 000	50 114 000	40 917 000
Total Assets	120 301 000	64 709 000	52 487 000	42 119 000
Total Equity	45 650 000	21 237 000	8 456 000	4 212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 576 000	653 000	559 000	183 000
Creditors	4 969 000	3 711 000	3 561 000	658 000
Unpaid Taxes	7 289 000	4 603 000	3 910 000	3 570 000
Dividends	0	0	10 000 000	8 657 000
Other Current Debt	60 072 000	34 504 000	26 001 000	24 839 000
Total Current Debt	73 074 000	42 818 000	43 473 000	37 724 000
Total Equity and Debt	120 301 000	64 709 000	52 487 000	42 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,48 %	60,19 %	144,67 %	119,94 %
Debt-to-Equity Ratio	0,03	0,03	0,07	0,04
Operating Profit Margin	19,68 %	12,64 %	12,58 %	5,01 %
Current Ratio	1,58	1,46	1,15	1,08
Quick Ratio	1,77	1,88	1,39	1,35
Equity Ratio	0,38	0,33	0,16	0,1
Gross Profit Margin	52,84 %	49,37 %	44,36 %	33,25 %