ITS5 AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−11,17 %

Current Ratio

67,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 000	4 511 000	3 158 000	2 753 000
Net Income	−82 000	1 642 000	263 000	177 000
Total Assets	741 000	2 553 000	1 304 000	863 000
Total Equity	734 000	1 335 000	694 000	655 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 000	4 511 000	3 158 000	2 753 000
Expenditure	511 000	2 406 000	2 821 000	2 526 000
Operating Profit	−81 000	2 105 000	337 000	227 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−82 000	2 105 000	337 000	227 000
Tax	0	463 000	74 000	50 000
Net Income	−82 000	1 642 000	263 000	177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	15 000	353 000	2 000
Total Current Assets	541 000	2 539 000	951 000	862 000
Total Assets	741 000	2 553 000	1 304 000	863 000
Total Retained Equity	632 000	1 233 000	592 000	553 000
Total Equity	734 000	1 335 000	694 000	655 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	1 218 000	610 000	208 000
Total Equity and Debt	741 000	2 553 000	1 304 000	863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	426 000	2 711 000	3 158 000	2 753 000
Other Income	4 000	1 800 000	0	0
Revenue	430 000	4 511 000	3 158 000	2 753 000
Cost of Goods Sold	309 000	1 655 000	1 710 000	1 485 000
Salary Costs	74 000	434 000	827 000	762 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	511 000	2 406 000	2 821 000	2 526 000
Operating Profit	−81 000	2 105 000	337 000	227 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	520 000	1 000 000	225 000	0
Net Income	−82 000	1 642 000	263 000	177 000

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	200 000	15 000	353 000	2 000
Total Fixed Assets	200 000	15 000	353 000	2 000
Stock	0	0	70 000	47 000
Total Investments	0	0	0	0
Cash, Bank	225 000	1 754 000	835 000	611 000
Total Current Assets	541 000	2 539 000	951 000	862 000
Total Assets	741 000	2 553 000	1 304 000	863 000
Total Equity	734 000	1 335 000	694 000	655 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	62 000	20 000	14 000
Unpaid Taxes	0	111 000	224 000	74 000
Dividends	520 000	1 000 000	225 000	0
Other Current Debt	1 000	581 000	67 000	70 000
Total Current Debt	8 000	1 218 000	610 000	208 000
Total Equity and Debt	741 000	2 553 000	1 304 000	863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,17 %	123 %	37,9 %	27,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,84 %	46,66 %	10,67 %	8,25 %
Current Ratio	67,63	2,08	1,56	4,14
Quick Ratio	67,63	2,08	1,76	5,35
Equity Ratio	0,99	0,52	0,53	0,76
Gross Profit Margin	28,14 %	63,31 %	45,85 %	46,06 %