IT LØSNINGER NO AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

353,91 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 707 000	22 986 000	19 550 000	17 552 000
Net Income	1 628 000	2 180 000	1 164 000	992 000
Total Assets	6 023 000	5 964 000	4 493 000	5 275 000
Total Equity	460 000	528 000	337 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 707 000	22 986 000	19 550 000	17 552 000
Expenditure	21 539 000	20 157 000	18 020 000	16 238 000
Operating Profit	2 167 000	2 827 000	1 530 000	1 314 000
Financial Income	4 000	18 000	22 000	19 000
Financial Costs	30 000	27 000	24 000	37 000
Financial Balance	−26 000	−9 000	−2 000	−18 000
Earnings Before Tax	2 142 000	2 819 000	1 528 000	1 296 000
Tax	514 000	639 000	364 000	304 000
Net Income	1 628 000	2 180 000	1 164 000	992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	510 000	538 000	115 000
Total Current Assets	5 900 000	5 454 000	3 956 000	5 160 000
Total Assets	6 023 000	5 964 000	4 493 000	5 275 000
Total Retained Equity	360 000	428 000	237 000	173 000
Total Equity	460 000	528 000	337 000	273 000
Total Long-Term Debt	22 000	42 000	61 000	82 000
Total Current Debt	5 541 000	5 394 000	4 095 000	4 920 000
Total Equity and Debt	6 023 000	5 964 000	4 493 000	5 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 707 000	22 986 000	19 550 000	17 534 000
Other Income	0	0	0	19 000
Revenue	23 707 000	22 986 000	19 550 000	17 552 000
Cost of Goods Sold	10 759 000	10 194 000	9 793 000	8 150 000
Salary Costs	8 246 000	8 080 000	6 281 000	6 184 000
Depreciation	28 000	27 000	44 000	66 000
Impairment	0	0	0	0
Expenditure	21 539 000	20 157 000	18 020 000	16 238 000
Operating Profit	2 167 000	2 827 000	1 530 000	1 314 000
Financial Income	4 000	18 000	22 000	19 000
Financial Costs	30 000	27 000	24 000	37 000
Financial Balance	−26 000	−9 000	−2 000	−18 000
Dividends	1 685 000	1 950 000	1 100 000	1 500 000
Net Income	1 628 000	2 180 000	1 164 000	992 000

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	122 000	44 000	71 000	115 000
Total Tangible Assets	122 000	44 000	71 000	115 000
Total Fiancial Fixed Assets	0	466 000	466 000	0
Total Fixed Assets	122 000	510 000	538 000	115 000
Stock	251 000	174 000	274 000	324 000
Total Investments	0	0	0	0
Cash, Bank	2 499 000	2 818 000	1 698 000	1 582 000
Total Current Assets	5 900 000	5 454 000	3 956 000	5 160 000
Total Assets	6 023 000	5 964 000	4 493 000	5 275 000
Total Equity	460 000	528 000	337 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	42 000	61 000	82 000
Creditors	1 261 000	840 000	899 000	1 568 000
Unpaid Taxes	1 164 000	1 054 000	1 136 000	938 000
Dividends	1 685 000	1 950 000	1 100 000	1 500 000
Other Current Debt	906 000	873 000	596 000	611 000
Total Current Debt	5 541 000	5 394 000	4 095 000	4 920 000
Total Equity and Debt	6 023 000	5 964 000	4 493 000	5 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	353,91 %	412,88 %	345,4 %	363,37 %
Debt-to-Equity Ratio	0,05	0,08	0,18	0,3
Operating Profit Margin	9,14 %	12,3 %	7,83 %	7,49 %
Current Ratio	1,06	1,01	0,97	1,05
Quick Ratio	1,12	1,04	1,04	1,12
Equity Ratio	0,08	0,09	0,08	0,05
Gross Profit Margin	54,62 %	55,65 %	49,91 %	53,57 %