ITSI AS

0871 OSLO

Finances

Return on Equity

−2,7 %

Current Ratio

818,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	327 000	177 000	378 000	290 000
Net Income	−1 147 000	10 208 000	−463 000	−502 000
Total Assets	42 501 000	43 644 000	34 930 000	35 955 000
Total Equity	42 476 000	43 624 000	33 416 000	35 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	327 000	177 000	378 000	290 000
Expenditure	1 218 000	743 000	734 000	747 000
Operating Profit	−892 000	−565 000	−356 000	−456 000
Financial Income	163 000	10 662 000	625 000	1 055 000
Financial Costs	579 000	0	782 000	1 165 000
Financial Balance	−416 000	10 662 000	−157 000	−110 000
Earnings Before Tax	−1 308 000	10 096 000	−512 000	−566 000
Tax	−160 000	−112 000	−49 000	−64 000
Net Income	−1 147 000	10 208 000	−463 000	−502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 047 000	18 644 000	22 321 000	24 069 000
Total Current Assets	20 454 000	25 000 000	12 609 000	11 886 000
Total Assets	42 501 000	43 644 000	34 930 000	35 955 000
Total Retained Equity	41 866 000	43 014 000	32 806 000	34 769 000
Total Equity	42 476 000	43 624 000	33 416 000	35 379 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 000	21 000	1 514 000	576 000
Total Equity and Debt	42 501 000	43 644 000	34 930 000	35 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	5 000
Other Income	327 000	177 000	378 000	285 000
Revenue	327 000	177 000	378 000	290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 002 000	571 000	571 000	571 000
Depreciation	8 000	7 000	7 000	6 000
Impairment	0	0	0	0
Expenditure	1 218 000	743 000	734 000	747 000
Operating Profit	−892 000	−565 000	−356 000	−456 000
Financial Income	163 000	10 662 000	625 000	1 055 000
Financial Costs	579 000	0	782 000	1 165 000
Financial Balance	−416 000	10 662 000	−157 000	−110 000
Dividends	0	0	1 500 000	0
Net Income	−1 147 000	10 208 000	−463 000	−502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	450 000	290 000	132 000	129 000
Real Eastate	7 152 000	7 146 000	7 153 000	7 160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 152 000	7 146 000	7 153 000	7 160 000
Total Fiancial Fixed Assets	14 445 000	11 209 000	15 037 000	16 780 000
Total Fixed Assets	22 047 000	18 644 000	22 321 000	24 069 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 452 000	20 530 000	8 340 000	7 694 000
Total Current Assets	20 454 000	25 000 000	12 609 000	11 886 000
Total Assets	42 501 000	43 644 000	34 930 000	35 955 000
Total Equity	42 476 000	43 624 000	33 416 000	35 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 500 000	0
Other Current Debt	25 000	21 000	14 000	576 000
Total Current Debt	25 000	21 000	1 514 000	576 000
Total Equity and Debt	42 501 000	43 644 000	34 930 000	35 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,7 %	23,4 %	−1,39 %	−1,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−272,78 %	−319,21 %	−94,18 %	−157,24 %
Current Ratio	818,16	1 190,48	8,33	20,64
Quick Ratio	818,16	1 190,48	8,33	20,64
Equity Ratio	1	1	0,96	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %