INITICO AS

1396 BILLINGSTAD

Finances

Return on Equity

−8,59 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−34 000	−18 000	0	−21 000
Total Assets	590 000	602 000	604 000	594 000
Total Equity	396 000	431 000	449 000	449 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	34 000	18 000	22 000	22 000
Operating Profit	−34 000	−18 000	−22 000	−22 000
Financial Income	0	0	22 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	22 000	0
Earnings Before Tax	−34 000	−18 000	0	−21 000
Tax	0	0	0	0
Net Income	−34 000	−18 000	0	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	72 000	72 000	22 000
Total Current Assets	498 000	530 000	533 000	572 000
Total Assets	590 000	602 000	604 000	594 000
Total Retained Equity	296 000	331 000	349 000	349 000
Total Equity	396 000	431 000	449 000	449 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	193 000	171 000	156 000	145 000
Total Equity and Debt	590 000	602 000	604 000	594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	20 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	34 000	18 000	22 000	22 000
Operating Profit	−34 000	−18 000	−22 000	−22 000
Financial Income	0	0	22 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	22 000	0
Dividends	0	0	0	0
Net Income	−34 000	−18 000	0	−21 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	92 000	72 000	72 000	22 000
Total Fixed Assets	92 000	72 000	72 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	493 000	530 000	533 000	572 000
Total Current Assets	498 000	530 000	533 000	572 000
Total Assets	590 000	602 000	604 000	594 000
Total Equity	396 000	431 000	449 000	449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	5 000	−3 000	−3 000	−4 000
Dividends	0	0	0	0
Other Current Debt	187 000	180 000	164 000	154 000
Total Current Debt	193 000	171 000	156 000	145 000
Total Equity and Debt	590 000	602 000	604 000	594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,59 %	−4,18 %	0 %	−4,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,58	3,1	3,42	3,94
Quick Ratio	2,58	3,1	3,42	3,94
Equity Ratio	0,67	0,72	0,74	0,76
Gross Profit Margin	-	-	-	-