INITWI AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

43,82 %

Current Ratio

10,29

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 846 000	4 895 000	3 242 000	0
Net Income	1 518 000	1 223 000	606 000	−28 000
Total Assets	4 049 000	2 654 000	1 232 000	274 000
Total Equity	3 464 000	2 074 000	851 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 846 000	4 895 000	3 242 000	0
Expenditure	3 902 000	3 329 000	2 466 000	16 000
Operating Profit	1 944 000	1 566 000	776 000	−16 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	1 000	0
Earnings Before Tax	1 946 000	1 568 000	777 000	−16 000
Tax	428 000	345 000	171 000	12 000
Net Income	1 518 000	1 223 000	606 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	364 000	174 000	223 000	0
Total Current Assets	3 685 000	2 480 000	1 009 000	274 000
Total Assets	4 049 000	2 654 000	1 232 000	274 000
Total Retained Equity	3 364 000	1 974 000	751 000	−66 000
Total Equity	3 464 000	2 074 000	851 000	−30 000
Total Long-Term Debt	227 000	0	0	0
Total Current Debt	358 000	578 000	380 000	305 000
Total Equity and Debt	4 049 000	2 652 000	1 231 000	274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 846 000	4 895 000	3 242 000	0
Other Income	0	0	0	0
Revenue	5 846 000	4 895 000	3 242 000	0
Cost of Goods Sold	1 433 000	1 138 000	832 000	0
Salary Costs	0	0	0	0
Depreciation	35 000	49 000	64 000	0
Impairment	0	0	0	0
Expenditure	3 902 000	3 329 000	2 466 000	16 000
Operating Profit	1 944 000	1 566 000	776 000	−16 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	1 000	0
Dividends	0	0	0	0
Net Income	1 518 000	1 223 000	606 000	−28 000

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	364 000	174 000	223 000	0
Total Tangible Assets	364 000	174 000	223 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	364 000	174 000	223 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 453 000	2 292 000	839 000	256 000
Total Current Assets	3 685 000	2 480 000	1 009 000	274 000
Total Assets	4 049 000	2 654 000	1 232 000	274 000
Total Equity	3 464 000	2 074 000	851 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	227 000	0	0	0
Creditors	223 000	138 000	111 000	5 000
Unpaid Taxes	135 000	96 000	49 000	0
Dividends	0	0	0	0
Other Current Debt	0	344 000	220 000	300 000
Total Current Debt	358 000	578 000	380 000	305 000
Total Equity and Debt	4 049 000	2 652 000	1 231 000	274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,82 %	58,97 %	71,21 %	93,33 %
Debt-to-Equity Ratio	0,07	0	0	−0
Operating Profit Margin	33,25 %	31,99 %	23,94 %	-
Current Ratio	10,29	4,29	2,66	0,9
Quick Ratio	10,29	4,29	2,66	0,9
Equity Ratio	0,86	0,78	0,69	−0,11
Gross Profit Margin	75,49 %	76,75 %	74,34 %	-