ITEAM 1 AS

8514 NARVIK

Finances

Return on Equity

33,85 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 985 000	206 620 000	170 537 000	170 193 000
Net Income	22 857 000	12 937 000	9 661 000	−516 000
Total Assets	154 839 000	112 392 000	83 374 000	80 486 000
Total Equity	67 517 000	42 967 000	33 718 000	25 121 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 985 000	206 620 000	170 537 000	170 193 000
Expenditure	285 459 000	189 784 000	162 148 000	170 143 000
Operating Profit	29 525 000	16 835 000	8 390 000	49 000
Financial Income	709 000	757 000	3 342 000	586 000
Financial Costs	315 000	81 000	189 000	670 000
Financial Balance	394 000	676 000	3 153 000	−84 000
Earnings Before Tax	29 919 000	17 511 000	11 542 000	−35 000
Tax	7 062 000	4 574 000	1 882 000	482 000
Net Income	22 857 000	12 937 000	9 661 000	−516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 483 000	29 372 000	13 966 000	15 535 000
Total Current Assets	131 356 000	83 020 000	69 409 000	64 951 000
Total Assets	154 839 000	112 392 000	83 374 000	80 486 000
Total Retained Equity	53 067 000	28 618 000	21 031 000	12 434 000
Total Equity	67 517 000	42 967 000	33 718 000	25 121 000
Total Long-Term Debt	0	0	4 492 000	4 663 000
Total Current Debt	87 322 000	69 425 000	45 165 000	50 702 000
Total Equity and Debt	154 839 000	112 392 000	83 374 000	80 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 985 000	206 620 000	170 537 000	169 300 000
Other Income	0	0	0	893 000
Revenue	314 985 000	206 620 000	170 537 000	170 193 000
Cost of Goods Sold	177 342 000	109 693 000	92 318 000	92 235 000
Salary Costs	61 217 000	54 170 000	46 013 000	49 192 000
Depreciation	6 625 000	6 253 000	6 334 000	6 002 000
Impairment	0	0	0	0
Expenditure	285 459 000	189 784 000	162 148 000	170 143 000
Operating Profit	29 525 000	16 835 000	8 390 000	49 000
Financial Income	709 000	757 000	3 342 000	586 000
Financial Costs	315 000	81 000	189 000	670 000
Financial Balance	394 000	676 000	3 153 000	−84 000
Dividends	0	0	0	3 000 000
Net Income	22 857 000	12 937 000	9 661 000	−516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 063 000	2 930 000	2 635 000	4 465 000
Total Intangible Assets	12 574 000	5 520 000	5 803 000	8 684 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 556 000	7 337 000	5 811 000	6 851 000
Total Tangible Assets	8 556 000	7 337 000	5 811 000	6 851 000
Total Fiancial Fixed Assets	2 352 000	16 515 000	2 352 000	0
Total Fixed Assets	23 483 000	29 372 000	13 966 000	15 535 000
Stock	16 437 000	6 790 000	7 254 000	8 110 000
Total Investments	0	0	0	0
Cash, Bank	109 000	6 724 000	1 611 000	3 239 000
Total Current Assets	131 356 000	83 020 000	69 409 000	64 951 000
Total Assets	154 839 000	112 392 000	83 374 000	80 486 000
Total Equity	67 517 000	42 967 000	33 718 000	25 121 000
Short-Term Group Debt	14 874 000	11 996 000	5 658 000	0
Total Long-Term Debt	0	0	4 492 000	4 663 000
Creditors	14 985 000	19 908 000	5 961 000	10 247 000
Unpaid Taxes	10 165 000	6 061 000	7 461 000	9 404 000
Dividends	0	0	0	3 000 000
Other Current Debt	42 266 000	28 464 000	26 044 000	29 216 000
Total Current Debt	87 322 000	69 425 000	45 165 000	50 702 000
Total Equity and Debt	154 839 000	112 392 000	83 374 000	80 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,85 %	30,11 %	28,65 %	−2,05 %
Debt-to-Equity Ratio	0	0	0,13	0,19
Operating Profit Margin	9,37 %	8,15 %	4,92 %	0,03 %
Current Ratio	1,5	1,2	1,54	1,28
Quick Ratio	1,85	1,33	1,83	1,52
Equity Ratio	0,44	0,38	0,4	0,31
Gross Profit Margin	43,7 %	46,91 %	45,87 %	45,81 %