ITALIAN HOUSE OF NORWAY AS

1361 ØSTERÅS

Finances

Share Ownership

Return on Equity

19,35 %

Current Ratio

5,66

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 665 000	18 043 000	17 840 000	34 101 000
Net Income	946 000	1 643 000	−1 664 000	−1 669 000
Total Assets	11 987 000	10 087 000	13 687 000	16 040 000
Total Equity	4 889 000	3 943 000	2 301 000	3 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 665 000	18 043 000	17 840 000	34 101 000
Expenditure	21 668 000	15 744 000	18 839 000	35 260 000
Operating Profit	1 996 000	2 300 000	−998 000	−1 159 000
Financial Income	55 000	16 000	54 000	115 000
Financial Costs	839 000	210 000	646 000	625 000
Financial Balance	−784 000	−194 000	−592 000	−510 000
Earnings Before Tax	1 212 000	2 106 000	−1 590 000	−1 669 000
Tax	267 000	463 000	75 000	0
Net Income	946 000	1 643 000	−1 664 000	−1 669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 008 000	1 800 000	3 115 000	3 362 000
Total Current Assets	9 979 000	8 287 000	10 572 000	12 679 000
Total Assets	11 987 000	10 087 000	13 687 000	16 040 000
Total Retained Equity	−14 611 000	−15 557 000	−17 199 000	−15 535 000
Total Equity	4 889 000	3 943 000	2 301 000	3 965 000
Total Long-Term Debt	5 336 000	4 820 000	7 231 000	5 387 000
Total Current Debt	1 762 000	1 324 000	4 156 000	6 688 000
Total Equity and Debt	11 987 000	10 087 000	13 687 000	16 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 325 000	16 901 000	17 500 000	33 761 000
Other Income	340 000	1 142 000	340 000	340 000
Revenue	23 665 000	18 043 000	17 840 000	34 101 000
Cost of Goods Sold	18 268 000	11 619 000	14 015 000	27 662 000
Salary Costs	1 775 000	2 394 000	2 931 000	4 725 000
Depreciation	55 000	157 000	177 000	177 000
Impairment	0	0	0	0
Expenditure	21 668 000	15 744 000	18 839 000	35 260 000
Operating Profit	1 996 000	2 300 000	−998 000	−1 159 000
Financial Income	55 000	16 000	54 000	115 000
Financial Costs	839 000	210 000	646 000	625 000
Financial Balance	−784 000	−194 000	−592 000	−510 000
Dividends	0	0	0	0
Net Income	946 000	1 643 000	−1 664 000	−1 669 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 401 000	1 668 000	2 131 000	2 206 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	92 000	129 000	126 000	303 000
Total Tangible Assets	92 000	129 000	126 000	303 000
Total Fiancial Fixed Assets	515 000	3 000	858 000	853 000
Total Fixed Assets	2 008 000	1 800 000	3 115 000	3 362 000
Stock	2 333 000	2 091 000	2 008 000	3 780 000
Total Investments	0	0	0	0
Cash, Bank	1 869 000	2 795 000	199 000	156 000
Total Current Assets	9 979 000	8 287 000	10 572 000	12 679 000
Total Assets	11 987 000	10 087 000	13 687 000	16 040 000
Total Equity	4 889 000	3 943 000	2 301 000	3 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 336 000	4 820 000	7 231 000	5 387 000
Creditors	150 000	196 000	130 000	1 035 000
Unpaid Taxes	1 274 000	723 000	1 148 000	1 414 000
Dividends	0	0	0	0
Other Current Debt	338 000	405 000	480 000	1 290 000
Total Current Debt	1 762 000	1 324 000	4 156 000	6 688 000
Total Equity and Debt	11 987 000	10 087 000	13 687 000	16 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	41,67 %	−72,32 %	−42,09 %
Debt-to-Equity Ratio	1,09	1,22	3,14	1,36
Operating Profit Margin	8,43 %	12,75 %	−5,59 %	−3,4 %
Current Ratio	5,66	6,26	2,54	1,9
Quick Ratio	−17,48	−10,8	4,92	4,36
Equity Ratio	0,41	0,39	0,17	0,25
Gross Profit Margin	22,81 %	35,6 %	21,44 %	18,88 %