ITAB NORGE AS

0570 OSLO

Finances

Return on Equity

24,23 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	565 482 000	455 901 000	408 219 000	413 724 000
Net Income	18 407 000	15 899 000	11 382 000	9 123 000
Total Assets	148 628 000	99 020 000	110 569 000	78 490 000
Total Equity	75 954 000	42 819 000	28 077 000	10 588 000

Income (NOK)	2022	2021	2020	2019
Revenue	565 482 000	455 901 000	408 219 000	413 724 000
Expenditure	540 398 000	436 604 000	392 489 000	404 610 000
Operating Profit	25 084 000	19 297 000	15 729 000	9 113 000
Financial Income	1 882 000	1 221 000	1 632 000	3 548 000
Financial Costs	3 158 000	911 000	2 613 000	1 590 000
Financial Balance	−1 276 000	310 000	−981 000	1 958 000
Earnings Before Tax	23 809 000	19 607 000	14 748 000	11 071 000
Tax	5 401 000	3 708 000	3 366 000	1 948 000
Net Income	18 407 000	15 899 000	11 382 000	9 123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 032 000	25 792 000	28 165 000	29 748 000
Total Current Assets	124 596 000	73 228 000	82 404 000	48 742 000
Total Assets	148 628 000	99 020 000	110 569 000	78 490 000
Total Retained Equity	75 854 000	42 719 000	27 977 000	10 488 000
Total Equity	75 954 000	42 819 000	28 077 000	10 588 000
Total Long-Term Debt	0	753 000	1 143 000	1 027 000
Total Current Debt	72 674 000	55 448 000	81 350 000	66 875 000
Total Equity and Debt	148 628 000	99 020 000	110 569 000	78 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	565 482 000	455 901 000	407 788 000	413 724 000
Other Income	0	0	430 000	0
Revenue	565 482 000	455 901 000	408 219 000	413 724 000
Cost of Goods Sold	441 399 000	363 896 000	324 090 000	337 026 000
Salary Costs	51 658 000	35 907 000	34 981 000	35 255 000
Depreciation	2 585 000	1 873 000	1 828 000	2 266 000
Impairment	0	0	0	0
Expenditure	540 398 000	436 604 000	392 489 000	404 610 000
Operating Profit	25 084 000	19 297 000	15 729 000	9 113 000
Financial Income	1 882 000	1 221 000	1 632 000	3 548 000
Financial Costs	3 158 000	911 000	2 613 000	1 590 000
Financial Balance	−1 276 000	310 000	−981 000	1 958 000
Dividends	0	0	0	6 000 000
Net Income	18 407 000	15 899 000	11 382 000	9 123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	297 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 080 000	4 876 000	6 749 000	8 082 000
Total Tangible Assets	5 080 000	4 876 000	6 749 000	8 082 000
Total Fiancial Fixed Assets	18 655 000	20 916 000	21 416 000	21 666 000
Total Fixed Assets	24 032 000	25 792 000	28 165 000	29 748 000
Stock	17 981 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 325 000	17 763 000	17 343 000	0
Total Current Assets	124 596 000	73 228 000	82 404 000	48 742 000
Total Assets	148 628 000	99 020 000	110 569 000	78 490 000
Total Equity	75 954 000	42 819 000	28 077 000	10 588 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	753 000	1 143 000	1 027 000
Creditors	37 928 000	34 889 000	35 694 000	27 302 000
Unpaid Taxes	12 390 000	5 944 000	8 678 000	6 656 000
Dividends	0	0	0	6 000 000
Other Current Debt	17 216 000	10 184 000	31 159 000	19 054 000
Total Current Debt	72 674 000	55 448 000	81 350 000	66 875 000
Total Equity and Debt	148 628 000	99 020 000	110 569 000	78 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,23 %	37,13 %	40,54 %	86,16 %
Debt-to-Equity Ratio	0	0,02	0,04	0,1
Operating Profit Margin	4,44 %	4,23 %	3,85 %	2,2 %
Current Ratio	1,71	1,32	1,01	0,73
Quick Ratio	2,28	1,32	1,01	0,73
Equity Ratio	0,51	0,43	0,25	0,13
Gross Profit Margin	21,94 %	20,18 %	20,61 %	18,54 %