ITELECOM AS

0260 OSLO

Finances

Share Ownership

Return on Equity

10,35 %

Current Ratio

16,8

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	123 000	315 000	449 000	29 874 000
Net Income	800 000	70 000	−660 000	7 454 000
Total Assets	8 207 000	7 532 000	10 590 000	13 222 000
Total Equity	7 727 000	7 106 000	7 035 000	8 604 000

Income (NOK)	2021	2020	2019	2018
Revenue	123 000	315 000	449 000	29 874 000
Expenditure	691 000	980 000	976 000	20 104 000
Operating Profit	−568 000	−664 000	−527 000	9 770 000
Financial Income	1 529 000	818 000	10 000	21 000
Financial Costs	1 000	84 000	143 000	136 000
Financial Balance	1 528 000	734 000	−133 000	−115 000
Earnings Before Tax	960 000	70 000	−660 000	9 656 000
Tax	160 000	0	0	2 202 000
Net Income	800 000	70 000	−660 000	7 454 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	143 000	1 299 000	996 000	1 307 000
Total Current Assets	8 064 000	6 234 000	9 593 000	11 915 000
Total Assets	8 207 000	7 532 000	10 590 000	13 222 000
Total Retained Equity	7 625 000	7 004 000	6 933 000	8 502 000
Total Equity	7 727 000	7 106 000	7 035 000	8 604 000
Total Long-Term Debt	0	0	125 000	313 000
Total Current Debt	480 000	427 000	3 430 000	4 304 000
Total Equity and Debt	8 207 000	7 532 000	10 590 000	13 222 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	45 000	328 000	20 396 000
Other Income	123 000	270 000	122 000	9 478 000
Revenue	123 000	315 000	449 000	29 874 000
Cost of Goods Sold	0	5 000	29 000	15 433 000
Salary Costs	0	357 000	187 000	3 082 000
Depreciation	0	118 000	110 000	192 000
Impairment	0	0	0	0
Expenditure	691 000	980 000	976 000	20 104 000
Operating Profit	−568 000	−664 000	−527 000	9 770 000
Financial Income	1 529 000	818 000	10 000	21 000
Financial Costs	1 000	84 000	143 000	136 000
Financial Balance	1 528 000	734 000	−133 000	−115 000
Dividends	179 000	0	0	0
Net Income	800 000	70 000	−660 000	7 454 000

Balance details (NOK)	2021	2020	2019	2018
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	146 000	256 000
Total Tangible Assets	0	0	146 000	1 156 000
Total Fiancial Fixed Assets	143 000	1 299 000	850 000	151 000
Total Fixed Assets	143 000	1 299 000	996 000	1 307 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	777 000	1 406 000	9 153 000	11 687 000
Total Current Assets	8 064 000	6 234 000	9 593 000	11 915 000
Total Assets	8 207 000	7 532 000	10 590 000	13 222 000
Total Equity	7 727 000	7 106 000	7 035 000	8 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	125 000	313 000
Creditors	32 000	72 000	290 000	408 000
Unpaid Taxes	4 000	2 000	53 000	35 000
Dividends	179 000	0	0	0
Other Current Debt	79 000	353 000	876 000	1 659 000
Total Current Debt	480 000	427 000	3 430 000	4 304 000
Total Equity and Debt	8 207 000	7 532 000	10 590 000	13 222 000

Financial indicators	2021	2020	2019	2018
Return on Equity	10,35 %	0,99 %	−9,38 %	86,63 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	−461,79 %	−210,79 %	−117,37 %	32,7 %
Current Ratio	16,8	14,6	2,8	2,77
Quick Ratio	16,8	14,6	2,8	2,77
Equity Ratio	0,94	0,94	0,66	0,65
Gross Profit Margin	100 %	98,41 %	93,54 %	48,34 %