ITECO AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−0,18 %

Current Ratio

8,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	734 000	828 000	920 000	796 000
Net Income	−3 000	162 000	32 000	−99 000
Total Assets	1 911 000	1 911 000	1 756 000	1 695 000
Total Equity	1 678 000	1 682 000	1 520 000	1 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	734 000	828 000	920 000	796 000
Expenditure	737 000	621 000	882 000	932 000
Operating Profit	−4 000	207 000	39 000	−136 000
Financial Income	0	0	2 000	9 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	9 000
Earnings Before Tax	−4 000	207 000	41 000	−127 000
Tax	0	46 000	9 000	−28 000
Net Income	−3 000	162 000	32 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	0	0	19 000
Total Current Assets	1 895 000	1 911 000	1 756 000	1 675 000
Total Assets	1 911 000	1 911 000	1 756 000	1 695 000
Total Retained Equity	735 000	738 000	576 000	507 000
Total Equity	1 678 000	1 682 000	1 520 000	1 451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	233 000	229 000	236 000	244 000
Total Equity and Debt	1 911 000	1 911 000	1 756 000	1 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	734 000	828 000	920 000	796 000
Other Income	0	0	0	0
Revenue	734 000	828 000	920 000	796 000
Cost of Goods Sold	0	0	0	0
Salary Costs	706 000	577 000	828 000	904 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	737 000	621 000	882 000	932 000
Operating Profit	−4 000	207 000	39 000	−136 000
Financial Income	0	0	2 000	9 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	9 000
Dividends	0	0	0	0
Net Income	−3 000	162 000	32 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	0	0	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 828 000	1 819 000	1 590 000	1 548 000
Total Current Assets	1 895 000	1 911 000	1 756 000	1 675 000
Total Assets	1 911 000	1 911 000	1 756 000	1 695 000
Total Equity	1 678 000	1 682 000	1 520 000	1 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	154 000	112 000	128 000	146 000
Dividends	0	0	0	0
Other Current Debt	79 000	71 000	108 000	98 000
Total Current Debt	233 000	229 000	236 000	244 000
Total Equity and Debt	1 911 000	1 911 000	1 756 000	1 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,18 %	9,63 %	2,11 %	−6,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,54 %	25 %	4,24 %	−17,09 %
Current Ratio	8,13	8,34	7,44	6,86
Quick Ratio	8,13	8,34	7,44	6,86
Equity Ratio	0,88	0,88	0,87	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %