INIT NORWAY AS

1383 ASKER

Finances

Return on Equity

63,83 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 930 000	35 984 000	39 885 000	47 897 000
Net Income	8 044 000	6 538 000	8 276 000	7 870 000
Total Assets	74 088 000	43 236 000	42 469 000	47 816 000
Total Equity	12 603 000	7 811 000	7 786 000	7 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 930 000	35 984 000	39 885 000	47 897 000
Expenditure	29 927 000	28 249 000	29 855 000	38 249 000
Operating Profit	10 003 000	7 736 000	10 030 000	9 648 000
Financial Income	1 229 000	1 124 000	1 604 000	1 319 000
Financial Costs	813 000	458 000	1 005 000	851 000
Financial Balance	416 000	666 000	599 000	468 000
Earnings Before Tax	10 419 000	8 402 000	10 629 000	10 116 000
Tax	2 375 000	1 865 000	2 353 000	2 246 000
Net Income	8 044 000	6 538 000	8 276 000	7 870 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 131 000	31 860 000	34 205 000	33 454 000
Total Current Assets	24 957 000	11 376 000	8 264 000	14 363 000
Total Assets	74 088 000	43 236 000	42 469 000	47 816 000
Total Retained Equity	0	6 155 000	6 131 000	6 280 000
Total Equity	12 603 000	7 811 000	7 786 000	7 936 000
Total Long-Term Debt	24 224 000	12 240 000	13 862 000	12 047 000
Total Current Debt	37 261 000	23 184 000	20 821 000	27 833 000
Total Equity and Debt	74 088 000	43 236 000	42 469 000	47 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 634 000	35 799 000	39 885 000	47 897 000
Other Income	295 000	185 000	0	0
Revenue	39 930 000	35 984 000	39 885 000	47 897 000
Cost of Goods Sold	2 484 000	4 436 000	6 677 000	15 682 000
Salary Costs	20 380 000	18 652 000	18 340 000	17 847 000
Depreciation	501 000	561 000	627 000	561 000
Impairment	0	0	0	0
Expenditure	29 927 000	28 249 000	29 855 000	38 249 000
Operating Profit	10 003 000	7 736 000	10 030 000	9 648 000
Financial Income	1 229 000	1 124 000	1 604 000	1 319 000
Financial Costs	813 000	458 000	1 005 000	851 000
Financial Balance	416 000	666 000	599 000	468 000
Dividends	0	0	0	0
Net Income	8 044 000	6 538 000	8 276 000	7 870 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000 000	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 126 000	2 115 000	1 948 000	1 988 000
Total Tangible Assets	2 126 000	2 115 000	1 948 000	1 988 000
Total Fiancial Fixed Assets	44 005 000	29 745 000	32 249 000	31 466 000
Total Fixed Assets	49 131 000	31 860 000	34 205 000	33 454 000
Stock	50 000	3 004 000	166 000	774 000
Total Investments	46 000	46 000	46 000	46 000
Cash, Bank	1 041 000	993 000	1 293 000	6 410 000
Total Current Assets	24 957 000	11 376 000	8 264 000	14 363 000
Total Assets	74 088 000	43 236 000	42 469 000	47 816 000
Total Equity	12 603 000	7 811 000	7 786 000	7 936 000
Short-Term Group Debt	22 799 000	8 351 000	11 105 000	10 401 000
Total Long-Term Debt	24 224 000	12 240 000	13 862 000	12 047 000
Creditors	3 552 000	2 087 000	1 437 000	7 712 000
Unpaid Taxes	2 599 000	1 925 000	2 212 000	1 898 000
Dividends	0	0	0	0
Other Current Debt	2 787 000	5 035 000	3 066 000	4 429 000
Total Current Debt	37 261 000	23 184 000	20 821 000	27 833 000
Total Equity and Debt	74 088 000	43 236 000	42 469 000	47 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,83 %	83,7 %	106,29 %	99,17 %
Debt-to-Equity Ratio	1,92	1,57	1,78	1,52
Operating Profit Margin	25,05 %	21,5 %	25,15 %	20,14 %
Current Ratio	0,67	0,49	0,4	0,52
Quick Ratio	0,67	0,56	0,4	0,53
Equity Ratio	0,17	0,18	0,18	0,17
Gross Profit Margin	93,78 %	87,67 %	83,26 %	67,26 %