INITECH CONSULTING AS

0266 OSLO

Finances

Return on Equity

75,47 %

Current Ratio

3,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 834 000	6 321 000	6 645 000	5 517 000
Net Income	3 206 000	1 901 000	2 108 000	1 629 000
Total Assets	5 666 000	4 155 000	3 879 000	3 369 000
Total Equity	4 248 000	3 292 000	2 890 000	2 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 834 000	6 321 000	6 645 000	5 517 000
Expenditure	4 762 000	3 981 000	3 992 000	3 484 000
Operating Profit	4 073 000	2 340 000	2 653 000	2 033 000
Financial Income	36 000	50 000	47 000	35 000
Financial Costs	1 000	−27 000	4 000	−12 000
Financial Balance	35 000	77 000	43 000	47 000
Earnings Before Tax	4 108 000	2 418 000	2 696 000	2 080 000
Tax	902 000	516 000	588 000	451 000
Net Income	3 206 000	1 901 000	2 108 000	1 629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	194 000	164 000	164 000
Total Current Assets	5 472 000	3 961 000	3 715 000	3 205 000
Total Assets	5 666 000	4 155 000	3 879 000	3 369 000
Total Retained Equity	3 946 000	2 990 000	2 589 000	2 131 000
Total Equity	4 248 000	3 292 000	2 890 000	2 433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 418 000	864 000	989 000	936 000
Total Equity and Debt	5 666 000	4 155 000	3 879 000	3 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 834 000	6 321 000	6 645 000	5 517 000
Other Income	0	0	0	0
Revenue	8 834 000	6 321 000	6 645 000	5 517 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 416 000	1 999 000	2 079 000	2 509 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 762 000	3 981 000	3 992 000	3 484 000
Operating Profit	4 073 000	2 340 000	2 653 000	2 033 000
Financial Income	36 000	50 000	47 000	35 000
Financial Costs	1 000	−27 000	4 000	−12 000
Financial Balance	35 000	77 000	43 000	47 000
Dividends	2 250 000	1 500 000	0	0
Net Income	3 206 000	1 901 000	2 108 000	1 629 000

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	194 000	194 000	164 000	164 000
Total Fixed Assets	194 000	194 000	164 000	164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 577 000	3 104 000	3 030 000	2 159 000
Total Current Assets	5 472 000	3 961 000	3 715 000	3 205 000
Total Assets	5 666 000	4 155 000	3 879 000	3 369 000
Total Equity	4 248 000	3 292 000	2 890 000	2 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	0	0	145 000
Unpaid Taxes	222 000	151 000	215 000	148 000
Dividends	2 250 000	1 500 000	0	0
Other Current Debt	248 000	196 000	185 000	192 000
Total Current Debt	1 418 000	864 000	989 000	936 000
Total Equity and Debt	5 666 000	4 155 000	3 879 000	3 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,47 %	57,75 %	72,94 %	66,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,11 %	37,02 %	39,92 %	36,85 %
Current Ratio	3,86	4,58	3,76	3,42
Quick Ratio	3,86	4,58	3,76	3,42
Equity Ratio	0,75	0,79	0,75	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %