NITO AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

38,07 %

Current Ratio

3,19

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 577 000	1 761 000	395 000	1 580 000
Net Income	7 420 000	−202 000	−518 000	310 000
Total Assets	43 703 000	34 038 000	31 325 000	23 873 000
Total Equity	19 488 000	12 068 000	12 270 000	12 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 577 000	1 761 000	395 000	1 580 000
Expenditure	2 249 000	1 351 000	773 000	816 000
Operating Profit	10 328 000	409 000	−377 000	764 000
Financial Income	59 000	0	6 000	18 000
Financial Costs	874 000	668 000	293 000	385 000
Financial Balance	−815 000	−668 000	−287 000	−367 000
Earnings Before Tax	9 513 000	−258 000	−665 000	397 000
Tax	2 093 000	−57 000	−146 000	87 000
Net Income	7 420 000	−202 000	−518 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 753 000	31 717 000	29 846 000	19 513 000
Total Current Assets	11 951 000	2 322 000	1 479 000	4 360 000
Total Assets	43 703 000	34 038 000	31 325 000	23 873 000
Total Retained Equity	19 388 000	11 968 000	12 170 000	12 688 000
Total Equity	19 488 000	12 068 000	12 270 000	12 788 000
Total Long-Term Debt	20 474 000	21 228 000	9 766 000	10 561 000
Total Current Debt	3 741 000	742 000	9 288 000	523 000
Total Equity and Debt	43 703 000	34 038 000	31 324 000	23 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 577 000	1 661 000	295 000	1 280 000
Other Income	0	100 000	100 000	300 000
Revenue	12 577 000	1 761 000	395 000	1 580 000
Cost of Goods Sold	−322 000	20 000	36 000	10 000
Salary Costs	0	0	0	0
Depreciation	1 059 000	395 000	398 000	382 000
Impairment	0	0	0	0
Expenditure	2 249 000	1 351 000	773 000	816 000
Operating Profit	10 328 000	409 000	−377 000	764 000
Financial Income	59 000	0	6 000	18 000
Financial Costs	874 000	668 000	293 000	385 000
Financial Balance	−815 000	−668 000	−287 000	−367 000
Dividends	0	0	0	0
Net Income	7 420 000	−202 000	−518 000	310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 057 000	30 881 000	28 869 000	18 397 000
Machinery and Plant Facilities	696 000	836 000	976 000	1 116 000
Fixtures	0	0	0	0
Total Tangible Assets	31 753 000	31 717 000	29 846 000	19 513 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 753 000	31 717 000	29 846 000	19 513 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 413 000	1 664 000	1 289 000	4 276 000
Total Current Assets	11 951 000	2 322 000	1 479 000	4 360 000
Total Assets	43 703 000	34 038 000	31 325 000	23 873 000
Total Equity	19 488 000	12 068 000	12 270 000	12 788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 474 000	21 228 000	9 766 000	10 561 000
Creditors	993 000	643 000	7 705 000	−6 000
Unpaid Taxes	434 000	−105 000	−138 000	−81 000
Dividends	0	0	0	0
Other Current Debt	11 000	7 000	1 557 000	146 000
Total Current Debt	3 741 000	742 000	9 288 000	523 000
Total Equity and Debt	43 703 000	34 038 000	31 324 000	23 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,07 %	−1,67 %	−4,22 %	2,42 %
Debt-to-Equity Ratio	1,05	1,76	0,8	0,83
Operating Profit Margin	82,12 %	23,23 %	−95,44 %	48,35 %
Current Ratio	3,19	3,13	0,16	8,34
Quick Ratio	3,19	3,13	0,16	8,34
Equity Ratio	0,45	0,35	0,39	0,54
Gross Profit Margin	102,56 %	98,86 %	90,89 %	99,37 %