ITEKA AS

5614 ÅLVIK

Finances

Share Ownership

Return on Equity

21,63 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	941 000	0	259 000
Net Income	−324 000	338 000	−362 000	−310 000
Total Assets	3 696 000	4 272 000	3 434 000	3 328 000
Total Equity	−1 498 000	−1 174 000	−1 513 000	−1 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	941 000	0	259 000
Expenditure	297 000	577 000	398 000	527 000
Operating Profit	−297 000	363 000	−329 000	−268 000
Financial Income	6 000	6 000	6 000	7 000
Financial Costs	32 000	31 000	39 000	49 000
Financial Balance	−26 000	−25 000	−33 000	−42 000
Earnings Before Tax	−324 000	338 000	−362 000	−310 000
Tax	0	0	0	0
Net Income	−324 000	338 000	−362 000	−310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 711 000	2 726 000	2 777 000	2 768 000
Total Current Assets	985 000	1 545 000	657 000	560 000
Total Assets	3 696 000	4 272 000	3 434 000	3 328 000
Total Retained Equity	−1 598 000	−1 274 000	−1 613 000	−1 251 000
Total Equity	−1 498 000	−1 174 000	−1 513 000	−1 151 000
Total Long-Term Debt	490 000	570 000	650 000	730 000
Total Current Debt	4 704 000	4 876 000	4 296 000	3 749 000
Total Equity and Debt	3 696 000	4 272 000	3 434 000	3 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	941 000	0	259 000
Other Income	0	0	0	0
Revenue	0	941 000	0	259 000
Cost of Goods Sold	0	166 000	70 000	155 000
Salary Costs	4 000	4 000	0	0
Depreciation	15 000	50 000	46 000	34 000
Impairment	0	0	0	0
Expenditure	297 000	577 000	398 000	527 000
Operating Profit	−297 000	363 000	−329 000	−268 000
Financial Income	6 000	6 000	6 000	7 000
Financial Costs	32 000	31 000	39 000	49 000
Financial Balance	−26 000	−25 000	−33 000	−42 000
Dividends	0	0	0	0
Net Income	−324 000	338 000	−362 000	−310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 711 000	2 726 000	2 742 000	2 703 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	35 000	65 000
Total Tangible Assets	2 711 000	2 726 000	2 777 000	2 768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 711 000	2 726 000	2 777 000	2 768 000
Stock	531 000	488 000	598 000	520 000
Total Investments	0	0	0	0
Cash, Bank	414 000	1 048 000	31 000	22 000
Total Current Assets	985 000	1 545 000	657 000	560 000
Total Assets	3 696 000	4 272 000	3 434 000	3 328 000
Total Equity	−1 498 000	−1 174 000	−1 513 000	−1 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	490 000	570 000	650 000	730 000
Creditors	37 000	11 000	15 000	8 000
Unpaid Taxes	0	192 000	0	0
Dividends	0	0	0	0
Other Current Debt	4 666 000	4 673 000	4 281 000	3 740 000
Total Current Debt	4 704 000	4 876 000	4 296 000	3 749 000
Total Equity and Debt	3 696 000	4 272 000	3 434 000	3 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,63 %	−28,79 %	23,93 %	26,93 %
Debt-to-Equity Ratio	−0,33	−0,49	−0,43	−0,63
Operating Profit Margin	-	38,58 %	-	−103,47 %
Current Ratio	0,21	0,32	0,15	0,15
Quick Ratio	0,24	0,35	0,18	0,17
Equity Ratio	−0,41	−0,27	−0,44	−0,35
Gross Profit Margin	-	82,36 %	-	40,15 %