ITEC CONSULTING AS

1341 SLEPENDEN

Finances

Share Ownership

Return on Equity

183,14 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 734 000	3 872 000	4 142 000	3 926 000
Net Income	1 119 000	1 387 000	1 708 000	1 526 000
Total Assets	2 073 000	2 432 000	2 804 000	2 549 000
Total Equity	611 000	158 000	171 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 734 000	3 872 000	4 142 000	3 926 000
Expenditure	2 291 000	2 103 000	1 998 000	1 969 000
Operating Profit	1 443 000	1 769 000	2 144 000	1 957 000
Financial Income	15 000	51 000	47 000	1 000
Financial Costs	20 000	41 000	1 000	1 000
Financial Balance	−5 000	10 000	46 000	0
Earnings Before Tax	1 439 000	1 779 000	2 190 000	1 957 000
Tax	320 000	392 000	482 000	431 000
Net Income	1 119 000	1 387 000	1 708 000	1 526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	5 000	4 000	4 000
Total Current Assets	2 069 000	2 427 000	2 800 000	2 545 000
Total Assets	2 073 000	2 432 000	2 804 000	2 549 000
Total Retained Equity	511 000	58 000	71 000	63 000
Total Equity	611 000	158 000	171 000	163 000
Total Long-Term Debt	0	0	8 000	0
Total Current Debt	1 462 000	2 273 000	2 625 000	2 386 000
Total Equity and Debt	2 073 000	2 432 000	2 804 000	2 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 734 000	3 872 000	4 142 000	3 926 000
Other Income	0	0	0	0
Revenue	3 734 000	3 872 000	4 142 000	3 926 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 159 000	1 932 000	1 858 000	1 804 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 291 000	2 103 000	1 998 000	1 969 000
Operating Profit	1 443 000	1 769 000	2 144 000	1 957 000
Financial Income	15 000	51 000	47 000	1 000
Financial Costs	20 000	41 000	1 000	1 000
Financial Balance	−5 000	10 000	46 000	0
Dividends	666 000	1 400 000	1 700 000	1 500 000
Net Income	1 119 000	1 387 000	1 708 000	1 526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	4 000	4 000	4 000
Total Tangible Assets	4 000	4 000	4 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	5 000	4 000	4 000
Stock	0	0	0	0
Total Investments	193 000	596 000	1 236 000	0
Cash, Bank	1 579 000	1 050 000	1 233 000	2 215 000
Total Current Assets	2 069 000	2 427 000	2 800 000	2 545 000
Total Assets	2 073 000	2 432 000	2 804 000	2 549 000
Total Equity	611 000	158 000	171 000	163 000
Short-Term Group Debt	0	0	0	1 500 000
Total Long-Term Debt	0	0	8 000	0
Creditors	0	6 000	1 000	0
Unpaid Taxes	277 000	296 000	282 000	295 000
Dividends	666 000	1 400 000	1 700 000	1 500 000
Other Current Debt	199 000	171 000	169 000	160 000
Total Current Debt	1 462 000	2 273 000	2 625 000	2 386 000
Total Equity and Debt	2 073 000	2 432 000	2 804 000	2 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,14 %	877,85 %	998,83 %	936,2 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	38,64 %	45,69 %	51,76 %	49,85 %
Current Ratio	1,42	1,07	1,07	1,07
Quick Ratio	1,42	1,07	1,07	1,07
Equity Ratio	0,29	0,06	0,06	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %