ITECH AS

1383 ASKER

Finances

Share Ownership

Return on Equity

219,1 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 658 000	70 587 000	63 651 000	55 899 000
Net Income	10 530 000	15 292 000	15 424 000	10 088 000
Total Assets	31 266 000	35 197 000	32 569 000	21 793 000
Total Equity	4 806 000	5 293 000	4 887 000	3 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 658 000	70 587 000	63 651 000	55 899 000
Expenditure	57 189 000	50 982 000	43 888 000	42 970 000
Operating Profit	13 469 000	19 605 000	19 764 000	12 931 000
Financial Income	63 000	34 000	32 000	25 000
Financial Costs	1 000	0	8 000	4 000
Financial Balance	62 000	34 000	24 000	21 000
Earnings Before Tax	13 530 000	19 639 000	19 788 000	12 952 000
Tax	3 000 000	4 347 000	4 364 000	2 864 000
Net Income	10 530 000	15 292 000	15 424 000	10 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	370 000	521 000	451 000
Total Current Assets	30 996 000	34 826 000	32 048 000	21 342 000
Total Assets	31 266 000	35 197 000	32 569 000	21 793 000
Total Retained Equity	4 653 000	5 140 000	4 734 000	3 126 000
Total Equity	4 806 000	5 293 000	4 887 000	3 279 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	26 460 000	29 904 000	27 678 000	18 514 000
Total Equity and Debt	31 266 000	35 197 000	32 569 000	21 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 658 000	70 587 000	63 651 000	55 899 000
Other Income	0	0	0	0
Revenue	70 658 000	70 587 000	63 651 000	55 899 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 117 000	45 036 000	38 685 000	35 878 000
Depreciation	140 000	150 000	119 000	80 000
Impairment	0	0	0	0
Expenditure	57 189 000	50 982 000	43 888 000	42 970 000
Operating Profit	13 469 000	19 605 000	19 764 000	12 931 000
Financial Income	63 000	34 000	32 000	25 000
Financial Costs	1 000	0	8 000	4 000
Financial Balance	62 000	34 000	24 000	21 000
Dividends	11 016 000	14 887 000	13 816 000	6 977 000
Net Income	10 530 000	15 292 000	15 424 000	10 088 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	270 000	370 000	521 000	451 000
Total Tangible Assets	270 000	370 000	521 000	451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	270 000	370 000	521 000	451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 462 000	22 656 000	20 864 000	11 963 000
Total Current Assets	30 996 000	34 826 000	32 048 000	21 342 000
Total Assets	31 266 000	35 197 000	32 569 000	21 793 000
Total Equity	4 806 000	5 293 000	4 887 000	3 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	718 000	398 000	205 000	446 000
Unpaid Taxes	7 292 000	5 937 000	5 480 000	4 813 000
Dividends	11 016 000	14 887 000	13 816 000	6 977 000
Other Current Debt	4 433 000	9 059 000	3 816 000	3 414 000
Total Current Debt	26 460 000	29 904 000	27 678 000	18 514 000
Total Equity and Debt	31 266 000	35 197 000	32 569 000	21 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	219,1 %	288,91 %	315,61 %	307,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,06 %	27,77 %	31,05 %	23,13 %
Current Ratio	1,17	1,16	1,16	1,15
Quick Ratio	1,17	1,16	1,16	1,15
Equity Ratio	0,15	0,15	0,15	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %