ITIDE ØKONOMI AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

184,42 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 747 000	11 838 000	11 988 000	7 305 000
Net Income	4 096 000	1 853 000	1 910 000	1 088 000
Total Assets	8 895 000	6 157 000	5 888 000	5 923 000
Total Equity	2 221 000	100 000	2 055 000	1 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 747 000	11 838 000	11 988 000	7 305 000
Expenditure	19 492 000	9 470 000	9 544 000	5 904 000
Operating Profit	5 255 000	2 368 000	2 445 000	1 401 000
Financial Income	28 000	9 000	8 000	11 000
Financial Costs	36 000	1 000	3 000	18 000
Financial Balance	−8 000	8 000	5 000	−7 000
Earnings Before Tax	5 247 000	2 376 000	2 449 000	1 395 000
Tax	1 152 000	523 000	539 000	307 000
Net Income	4 096 000	1 853 000	1 910 000	1 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 304 000	1 661 000	310 000	1 960 000
Total Current Assets	7 591 000	4 495 000	5 578 000	3 963 000
Total Assets	8 895 000	6 157 000	5 888 000	5 923 000
Total Retained Equity	2 175 000	0	1 955 000	1 825 000
Total Equity	2 221 000	100 000	2 055 000	1 925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 674 000	6 057 000	3 833 000	3 998 000
Total Equity and Debt	8 895 000	6 157 000	5 888 000	5 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 277 000	11 591 000	11 602 000	7 179 000
Other Income	470 000	247 000	387 000	126 000
Revenue	24 747 000	11 838 000	11 988 000	7 305 000
Cost of Goods Sold	37 000	14 000	24 000	23 000
Salary Costs	15 034 000	7 597 000	7 486 000	4 310 000
Depreciation	245 000	118 000	132 000	84 000
Impairment	0	0	0	0
Expenditure	19 492 000	9 470 000	9 544 000	5 904 000
Operating Profit	5 255 000	2 368 000	2 445 000	1 401 000
Financial Income	28 000	9 000	8 000	11 000
Financial Costs	36 000	1 000	3 000	18 000
Financial Balance	−8 000	8 000	5 000	−7 000
Dividends	2 000 000	2 308 000	1 000 000	0
Net Income	4 096 000	1 853 000	1 910 000	1 088 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	900 000	0	0	0
Total Intangible Assets	921 000	17 000	48 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	264 000	144 000	262 000	369 000
Total Tangible Assets	264 000	144 000	262 000	369 000
Total Fiancial Fixed Assets	119 000	1 500 000	0	1 555 000
Total Fixed Assets	1 304 000	1 661 000	310 000	1 960 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 308 000	1 681 000	3 659 000	1 393 000
Total Current Assets	7 591 000	4 495 000	5 578 000	3 963 000
Total Assets	8 895 000	6 157 000	5 888 000	5 923 000
Total Equity	2 221 000	100 000	2 055 000	1 925 000
Short-Term Group Debt	0	1 523 000	1 000 000	2 080 000
Total Long-Term Debt	0	0	0	0
Creditors	292 000	229 000	34 000	56 000
Unpaid Taxes	1 636 000	762 000	700 000	802 000
Dividends	2 000 000	2 308 000	1 000 000	0
Other Current Debt	1 592 000	744 000	768 000	713 000
Total Current Debt	6 674 000	6 057 000	3 833 000	3 998 000
Total Equity and Debt	8 895 000	6 157 000	5 888 000	5 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	184,42 %	1 853 %	92,94 %	56,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,23 %	20 %	20,4 %	19,18 %
Current Ratio	1,14	0,74	1,46	0,99
Quick Ratio	1,14	0,74	1,46	0,99
Equity Ratio	0,25	0,02	0,35	0,33
Gross Profit Margin	99,85 %	99,88 %	99,8 %	99,69 %