ITEAM AS

8514 NARVIK

Finances

Return on Equity

8,24 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	772 918 000	536 598 000	373 420 000	0
Net Income	12 242 000	−1 387 000	4 404 000	0
Total Assets	560 439 000	480 396 000	249 751 000	15 000
Total Equity	148 564 000	134 463 000	110 539 000	15 000

Income (NOK)	2022	2021	2020
Revenue	772 918 000	536 598 000	373 420 000
Expenditure	733 250 000	527 798 000	360 267 000
Operating Profit	39 668 000	8 800 000	13 153 000
Financial Income	2 629 000	1 021 000	605 000
Financial Costs	14 062 000	6 725 000	5 523 000
Financial Balance	−11 433 000	−5 704 000	−4 918 000
Earnings Before Tax	28 236 000	3 095 000	8 235 000
Tax	15 993 000	4 482 000	3 830 000
Net Income	12 242 000	−1 387 000	4 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 767 000	315 643 000	151 659 000	0
Total Current Assets	219 673 000	164 753 000	98 092 000	15 000
Total Assets	560 439 000	480 396 000	249 751 000	15 000
Total Retained Equity	−108 000	−14 209 000	−8 960 000	0
Total Equity	148 564 000	134 463 000	110 539 000	15 000
Total Long-Term Debt	224 950 000	192 811 000	47 936 000	0
Total Current Debt	186 926 000	153 122 000	91 276 000	0
Total Equity and Debt	560 439 000	480 396 000	249 751 000	15 000

Cash flow (NOK)	2022	2021	2020
Sales Income	769 351 000	532 632 000	368 849 000
Other Income	3 567 000	3 966 000	4 571 000
Revenue	772 918 000	536 598 000	373 420 000
Cost of Goods Sold	410 127 000	280 807 000	197 431 000
Salary Costs	215 019 000	167 335 000	105 527 000
Depreciation	44 842 000	32 082 000	16 989 000
Impairment	0	0	0
Expenditure	733 250 000	527 798 000	360 267 000
Operating Profit	39 668 000	8 800 000	13 153 000
Financial Income	2 629 000	1 021 000	605 000
Financial Costs	14 062 000	6 725 000	5 523 000
Financial Balance	−11 433 000	−5 704 000	−4 918 000
Dividends	0	0	0
Net Income	12 242 000	−1 387 000	4 404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	313 371 000	295 407 000	137 326 000	0
Total Intangible Assets	318 592 000	299 679 000	141 055 000	0
Real Eastate	184 000	203 000	195 000	0
Machinery and Plant Facilities	535 000	741 000	0	0
Fixtures	20 584 000	14 782 000	9 290 000	0
Total Tangible Assets	21 303 000	15 726 000	9 484 000	0
Total Fiancial Fixed Assets	872 000	238 000	1 120 000	0
Total Fixed Assets	340 767 000	315 643 000	151 659 000	0
Stock	25 655 000	17 526 000	20 592 000	0
Total Investments	17 000	10 000	0	0
Cash, Bank	12 723 000	35 242 000	20 702 000	15 000
Total Current Assets	219 673 000	164 753 000	98 092 000	15 000
Total Assets	560 439 000	480 396 000	249 751 000	15 000
Total Equity	148 564 000	134 463 000	110 539 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 950 000	192 811 000	47 936 000	0
Creditors	46 790 000	52 761 000	18 728 000	0
Unpaid Taxes	27 129 000	23 366 000	15 132 000	0
Dividends	0	0	0	0
Other Current Debt	77 473 000	67 338 000	41 012 000	0
Total Current Debt	186 926 000	153 122 000	91 276 000	0
Total Equity and Debt	560 439 000	480 396 000	249 751 000	15 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,24 %	−1,03 %	3,98 %	0 %
Debt-to-Equity Ratio	1,51	1,43	0,43	0
Operating Profit Margin	5,13 %	1,64 %	3,52 %	-
Current Ratio	1,18	1,08	1,07	-
Quick Ratio	1,36	1,22	1,39	-
Equity Ratio	0,27	0,28	0,44	1
Gross Profit Margin	46,94 %	47,67 %	47,13 %	-