IT NORD AS

9515 ALTA

Finances

Return on Equity

6,93 %

Current Ratio

4,72

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 868 000	8 813 000	8 611 000	9 719 000
Net Income	233 000	699 000	114 000	327 000
Total Assets	4 271 000	4 248 000	3 664 000	3 845 000
Total Equity	3 364 000	3 131 000	2 431 000	2 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 868 000	8 813 000	8 611 000	9 719 000
Expenditure	8 561 000	7 950 000	8 452 000	9 299 000
Operating Profit	307 000	862 000	157 000	419 000
Financial Income	16 000	67 000	14 000	31 000
Financial Costs	24 000	33 000	26 000	39 000
Financial Balance	−8 000	34 000	−12 000	−8 000
Earnings Before Tax	299 000	897 000	146 000	412 000
Tax	66 000	197 000	32 000	85 000
Net Income	233 000	699 000	114 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	316 000	43 000	91 000	160 000
Total Current Assets	3 955 000	4 205 000	3 573 000	3 685 000
Total Assets	4 271 000	4 248 000	3 664 000	3 845 000
Total Retained Equity	3 334 000	3 101 000	2 401 000	2 288 000
Total Equity	3 364 000	3 131 000	2 431 000	2 318 000
Total Long-Term Debt	69 000	38 000	87 000	139 000
Total Current Debt	838 000	1 080 000	1 146 000	1 388 000
Total Equity and Debt	4 271 000	4 248 000	3 664 000	3 845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 758 000	8 813 000	8 553 000	9 648 000
Other Income	110 000	0	57 000	71 000
Revenue	8 868 000	8 813 000	8 611 000	9 719 000
Cost of Goods Sold	4 166 000	4 179 000	4 518 000	4 745 000
Salary Costs	3 063 000	2 477 000	2 751 000	3 306 000
Depreciation	11 000	51 000	76 000	98 000
Impairment	0	0	0	0
Expenditure	8 561 000	7 950 000	8 452 000	9 299 000
Operating Profit	307 000	862 000	157 000	419 000
Financial Income	16 000	67 000	14 000	31 000
Financial Costs	24 000	33 000	26 000	39 000
Financial Balance	−8 000	34 000	−12 000	−8 000
Dividends	0	0	0	0
Net Income	233 000	699 000	114 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	36 000	32 000	25 000
Real Eastate	0	0	2 000	9 000
Machinery and Plant Facilities	111 000	7 000	56 000	126 000
Fixtures	0	0	0	0
Total Tangible Assets	111 000	7 000	58 000	135 000
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	316 000	43 000	91 000	160 000
Stock	851 000	868 000	475 000	639 000
Total Investments	0	150 000	150 000	100 000
Cash, Bank	1 738 000	1 917 000	1 807 000	1 315 000
Total Current Assets	3 955 000	4 205 000	3 573 000	3 685 000
Total Assets	4 271 000	4 248 000	3 664 000	3 845 000
Total Equity	3 364 000	3 131 000	2 431 000	2 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	38 000	87 000	139 000
Creditors	179 000	129 000	313 000	427 000
Unpaid Taxes	292 000	463 000	368 000	487 000
Dividends	0	0	0	0
Other Current Debt	331 000	286 000	424 000	393 000
Total Current Debt	838 000	1 080 000	1 146 000	1 388 000
Total Equity and Debt	4 271 000	4 248 000	3 664 000	3 845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,93 %	22,33 %	4,69 %	14,11 %
Debt-to-Equity Ratio	0,02	0,01	0,04	0,06
Operating Profit Margin	3,46 %	9,78 %	1,82 %	4,31 %
Current Ratio	4,72	3,89	3,12	2,65
Quick Ratio	−304,23	19,83	5,32	4,92
Equity Ratio	0,79	0,74	0,66	0,6
Gross Profit Margin	53,02 %	52,58 %	47,53 %	51,18 %