ITALIA KJØKKEN SOKNDAL AS

4380 HAUGE I DALANE

Finances

Share Ownership

Return on Equity

51,31 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 643 000	8 756 000	6 735 000	5 018 000
Net Income	567 000	592 000	280 000	79 000
Total Assets	2 094 000	2 095 000	1 420 000	1 601 000
Total Equity	1 105 000	798 000	606 000	526 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 643 000	8 756 000	6 735 000	5 018 000
Expenditure	7 892 000	8 002 000	6 333 000	4 888 000
Operating Profit	751 000	755 000	403 000	129 000
Financial Income	2 000	2 000	0	1 000
Financial Costs	21 000	17 000	29 000	23 000
Financial Balance	−19 000	−15 000	−29 000	−22 000
Earnings Before Tax	731 000	740 000	374 000	107 000
Tax	165 000	148 000	94 000	27 000
Net Income	567 000	592 000	280 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	65 000	0	11 000
Total Current Assets	2 045 000	2 030 000	1 420 000	1 590 000
Total Assets	2 094 000	2 095 000	1 420 000	1 601 000
Total Retained Equity	1 074 000	768 000	575 000	496 000
Total Equity	1 105 000	798 000	606 000	526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	989 000	1 297 000	814 000	1 074 000
Total Equity and Debt	2 094 000	2 095 000	1 420 000	1 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 643 000	8 730 000	6 735 000	5 018 000
Other Income	0	26 000	0	0
Revenue	8 643 000	8 756 000	6 735 000	5 018 000
Cost of Goods Sold	6 651 000	6 954 000	5 334 000	3 969 000
Salary Costs	796 000	706 000	640 000	606 000
Depreciation	0	0	11 000	19 000
Impairment	0	0	0	0
Expenditure	7 892 000	8 002 000	6 333 000	4 888 000
Operating Profit	751 000	755 000	403 000	129 000
Financial Income	2 000	2 000	0	1 000
Financial Costs	21 000	17 000	29 000	23 000
Financial Balance	−19 000	−15 000	−29 000	−22 000
Dividends	260 000	400 000	200 000	0
Net Income	567 000	592 000	280 000	79 000

Balance details (NOK)	2022	2021	2020	2019
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	0	11 000
Total Tangible Assets	0	0	0	11 000
Total Fiancial Fixed Assets	49 000	65 000	0	0
Total Fixed Assets	49 000	65 000	0	11 000
Stock	1 197 000	1 059 000	656 000	864 000
Total Investments	0	0	0	0
Cash, Bank	−366 000	−228 000	97 000	26 000
Total Current Assets	2 045 000	2 030 000	1 420 000	1 590 000
Total Assets	2 094 000	2 095 000	1 420 000	1 601 000
Total Equity	1 105 000	798 000	606 000	526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	315 000	530 000	286 000	497 000
Unpaid Taxes	363 000	384 000	316 000	164 000
Dividends	260 000	400 000	200 000	0
Other Current Debt	146 000	235 000	118 000	114 000
Total Current Debt	989 000	1 297 000	814 000	1 074 000
Total Equity and Debt	2 094 000	2 095 000	1 420 000	1 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,31 %	74,19 %	46,2 %	15,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,69 %	8,62 %	5,98 %	2,57 %
Current Ratio	2,07	1,57	1,74	1,48
Quick Ratio	−9,83	8,53	8,99	7,57
Equity Ratio	0,53	0,38	0,43	0,33
Gross Profit Margin	23,05 %	20,58 %	20,8 %	20,9 %