ITEAM 22 AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

66,87 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 545 000	35 368 000	32 417 000	28 303 000
Net Income	1 217 000	501 000	2 065 000	1 664 000
Total Assets	8 872 000	7 438 000	8 369 000	7 727 000
Total Equity	1 820 000	1 663 000	3 582 000	3 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 545 000	35 368 000	32 417 000	28 303 000
Expenditure	34 946 000	34 870 000	29 939 000	26 362 000
Operating Profit	1 599 000	498 000	2 478 000	1 941 000
Financial Income	18 000	32 000	28 000	26 000
Financial Costs	63 000	21 000	7 000	14 000
Financial Balance	−45 000	11 000	21 000	12 000
Earnings Before Tax	1 554 000	509 000	2 500 000	1 953 000
Tax	337 000	8 000	435 000	289 000
Net Income	1 217 000	501 000	2 065 000	1 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 417 000	2 095 000	1 873 000	1 416 000
Total Current Assets	6 455 000	5 344 000	6 496 000	6 311 000
Total Assets	8 872 000	7 438 000	8 369 000	7 727 000
Total Retained Equity	1 320 000	1 163 000	3 082 000	2 518 000
Total Equity	1 820 000	1 663 000	3 582 000	3 018 000
Total Long-Term Debt	1 261 000	725 000	0	0
Total Current Debt	5 791 000	5 050 000	4 787 000	4 710 000
Total Equity and Debt	8 872 000	7 438 000	8 369 000	7 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 545 000	35 368 000	32 417 000	28 303 000
Other Income	0	0	0	0
Revenue	36 545 000	35 368 000	32 417 000	28 303 000
Cost of Goods Sold	16 318 000	16 325 000	14 766 000	12 302 000
Salary Costs	13 477 000	12 744 000	10 122 000	10 074 000
Depreciation	755 000	726 000	529 000	371 000
Impairment	0	0	0	0
Expenditure	34 946 000	34 870 000	29 939 000	26 362 000
Operating Profit	1 599 000	498 000	2 478 000	1 941 000
Financial Income	18 000	32 000	28 000	26 000
Financial Costs	63 000	21 000	7 000	14 000
Financial Balance	−45 000	11 000	21 000	12 000
Dividends	0	0	0	0
Net Income	1 217 000	501 000	2 065 000	1 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	151 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 266 000	2 095 000	1 549 000	1 227 000
Total Tangible Assets	2 266 000	2 095 000	1 549 000	1 227 000
Total Fiancial Fixed Assets	0	0	324 000	189 000
Total Fixed Assets	2 417 000	2 095 000	1 873 000	1 416 000
Stock	648 000	549 000	832 000	397 000
Total Investments	0	0	0	0
Cash, Bank	1 791 000	1 423 000	2 846 000	3 461 000
Total Current Assets	6 455 000	5 344 000	6 496 000	6 311 000
Total Assets	8 872 000	7 438 000	8 369 000	7 727 000
Total Equity	1 820 000	1 663 000	3 582 000	3 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 261 000	725 000	0	0
Creditors	2 202 000	2 076 000	2 102 000	2 333 000
Unpaid Taxes	1 539 000	1 451 000	1 513 000	1 107 000
Dividends	0	0	0	0
Other Current Debt	1 713 000	1 522 000	1 171 000	1 270 000
Total Current Debt	5 791 000	5 050 000	4 787 000	4 710 000
Total Equity and Debt	8 872 000	7 438 000	8 369 000	7 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,87 %	30,13 %	57,65 %	55,14 %
Debt-to-Equity Ratio	0,69	0,44	0	0
Operating Profit Margin	4,38 %	1,41 %	7,64 %	6,86 %
Current Ratio	1,11	1,06	1,36	1,34
Quick Ratio	1,26	1,19	1,64	1,46
Equity Ratio	0,21	0,22	0,43	0,39
Gross Profit Margin	55,35 %	53,84 %	54,45 %	56,53 %