ITVAKTA AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

−180,95 %

Current Ratio

1,66

Debt-to-Equity Ratio

10,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 337 000	907 000	569 000	113 000
Net Income	−38 000	−55 000	95 000	−5 000
Total Assets	369 000	184 000	183 000	26 000
Total Equity	21 000	59 000	114 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 337 000	907 000	569 000	113 000
Expenditure	1 369 000	962 000	450 000	121 000
Operating Profit	−31 000	−55 000	118 000	−8 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	−38 000	−55 000	118 000	−8 000
Tax	0	0	23 000	−3 000
Net Income	−38 000	−55 000	95 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	3 000	3 000	3 000
Total Current Assets	214 000	181 000	180 000	23 000
Total Assets	369 000	184 000	183 000	26 000
Total Retained Equity	−9 000	35 000	90 000	−5 000
Total Equity	21 000	59 000	114 000	19 000
Total Long-Term Debt	219 000	0	0	0
Total Current Debt	129 000	125 000	69 000	7 000
Total Equity and Debt	369 000	184 000	183 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 337 000	907 000	569 000	0
Other Income	0	0	0	113 000
Revenue	1 337 000	907 000	569 000	113 000
Cost of Goods Sold	334 000	156 000	228 000	15 000
Salary Costs	636 000	572 000	60 000	0
Depreciation	31 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 369 000	962 000	450 000	121 000
Operating Profit	−31 000	−55 000	118 000	−8 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	−38 000	−55 000	95 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	3 000	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	153 000	0	0	0
Total Tangible Assets	153 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	3 000	3 000	3 000
Stock	26 000	29 000	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	150 000	176 000	23 000
Total Current Assets	214 000	181 000	180 000	23 000
Total Assets	369 000	184 000	183 000	26 000
Total Equity	21 000	59 000	114 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	219 000	0	0	0
Creditors	16 000	11 000	3 000	7 000
Unpaid Taxes	56 000	59 000	37 000	0
Dividends	0	0	0	0
Other Current Debt	57 000	55 000	6 000	0
Total Current Debt	129 000	125 000	69 000	7 000
Total Equity and Debt	369 000	184 000	183 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180,95 %	−93,22 %	83,33 %	−26,32 %
Debt-to-Equity Ratio	10,43	0	0	0
Operating Profit Margin	−2,32 %	−6,06 %	20,74 %	−7,08 %
Current Ratio	1,66	1,45	2,61	3,29
Quick Ratio	2,08	1,89	2,61	3,29
Equity Ratio	0,06	0,32	0,62	0,73
Gross Profit Margin	75,02 %	82,8 %	59,93 %	86,73 %