INDITEX NORGE AS

0355 OSLO

Finances

Share Ownership

Return on Equity

84,65 %

Current Ratio

0,6

Debt-to-Equity Ratio

3,91

Key figures (NOK)	2023	2022	2021	2020
Revenue	887 464 000	749 296 000	576 905 000	583 195 000
Net Income	89 765 000	17 080 000	−9 583 000	32 309 000
Total Assets	756 031 000	817 467 000	805 455 000	368 132 000
Total Equity	106 043 000	66 278 000	49 198 000	83 772 000

Income (NOK)	2023	2022	2021	2020
Revenue	887 464 000	749 296 000	576 905 000	583 195 000
Expenditure	761 932 000	709 285 000	568 648 000	533 860 000
Operating Profit	125 532 000	40 011 000	8 257 000	49 336 000
Financial Income	7 884 000	462 000	783 000	668 000
Financial Costs	18 326 000	18 562 000	21 322 000	8 536 000
Financial Balance	−10 442 000	−18 100 000	−20 539 000	−7 868 000
Earnings Before Tax	115 090 000	21 911 000	−12 282 000	41 468 000
Tax	25 325 000	4 831 000	−2 699 000	9 159 000
Net Income	89 765 000	17 080 000	−9 583 000	32 309 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	614 168 000	737 179 000	764 575 000	303 186 000
Total Current Assets	141 863 000	80 289 000	40 880 000	64 946 000
Total Assets	756 031 000	817 467 000	805 455 000	368 132 000
Total Retained Equity	−7 556 000	−47 320 000	−64 401 000	7 231 000
Total Equity	106 043 000	66 278 000	49 198 000	83 772 000
Total Long-Term Debt	414 719 000	505 949 000	509 254 000	45 847 000
Total Current Debt	235 269 000	245 240 000	247 003 000	238 513 000
Total Equity and Debt	756 031 000	817 467 000	805 455 000	368 132 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	868 035 000	731 032 000	557 058 000	582 535 000
Other Income	19 429 000	18 264 000	19 846 000	660 000
Revenue	887 464 000	749 296 000	576 905 000	583 195 000
Cost of Goods Sold	411 649 000	377 599 000	271 981 000	275 030 000
Salary Costs	113 954 000	100 817 000	94 543 000	102 576 000
Depreciation	102 377 000	101 476 000	103 381 000	37 726 000
Impairment	0	0	0	−32 627 000
Expenditure	761 932 000	709 285 000	568 648 000	533 860 000
Operating Profit	125 532 000	40 011 000	8 257 000	49 336 000
Financial Income	7 884 000	462 000	783 000	668 000
Financial Costs	18 326 000	18 562 000	21 322 000	8 536 000
Financial Balance	−10 442 000	−18 100 000	−20 539 000	−7 868 000
Dividends	50 000 000	0	0	0
Net Income	89 765 000	17 080 000	−9 583 000	32 309 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	9 596 000	34 921 000	39 752 000	18 168 000
Real Eastate	438 273 000	517 868 000	512 486 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 428 000	181 517 000	209 465 000	282 146 000
Total Tangible Assets	601 700 000	699 385 000	721 951 000	282 146 000
Total Fiancial Fixed Assets	2 872 000	2 872 000	2 872 000	2 872 000
Total Fixed Assets	614 168 000	737 179 000	764 575 000	303 186 000
Stock	21 257 000	19 855 000	18 817 000	18 931 000
Total Investments	0	0	0	0
Cash, Bank	31 864 000	53 863 000	15 189 000	39 333 000
Total Current Assets	141 863 000	80 289 000	40 880 000	64 946 000
Total Assets	756 031 000	817 467 000	805 455 000	368 132 000
Total Equity	106 043 000	66 278 000	49 198 000	83 772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	414 719 000	505 949 000	509 254 000	45 847 000
Creditors	29 139 000	81 450 000	18 634 000	22 777 000
Unpaid Taxes	41 064 000	39 829 000	29 763 000	36 675 000
Dividends	50 000 000	0	0	0
Other Current Debt	115 066 000	123 961 000	198 606 000	179 061 000
Total Current Debt	235 269 000	245 240 000	247 003 000	238 513 000
Total Equity and Debt	756 031 000	817 467 000	805 455 000	368 132 000

Financial indicators	2023	2022	2021	2020
Return on Equity	84,65 %	25,77 %	−19,48 %	38,57 %
Debt-to-Equity Ratio	3,91	7,63	10,35	0,55
Operating Profit Margin	14,15 %	5,34 %	1,43 %	8,46 %
Current Ratio	0,6	0,33	0,17	0,27
Quick Ratio	0,66	0,36	0,18	0,3
Equity Ratio	0,14	0,08	0,06	0,23
Gross Profit Margin	53,62 %	49,61 %	52,86 %	52,84 %