IT ØST AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

44,55 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 515 000	2 031 000	2 259 000	2 271 000
Net Income	49 000	−196 000	−6 000	5 000
Total Assets	514 000	358 000	518 000	772 000
Total Equity	110 000	61 000	257 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 515 000	2 031 000	2 259 000	2 271 000
Expenditure	2 466 000	2 222 000	2 255 000	2 264 000
Operating Profit	49 000	−191 000	4 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	4 000	2 000
Financial Balance	0	−5 000	−4 000	−2 000
Earnings Before Tax	49 000	−196 000	0	5 000
Tax	0	0	6 000	0
Net Income	49 000	−196 000	−6 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	17 000	0	0
Total Current Assets	504 000	341 000	518 000	772 000
Total Assets	514 000	358 000	518 000	772 000
Total Retained Equity	−122 000	−171 000	25 000	31 000
Total Equity	110 000	61 000	257 000	263 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	405 000	298 000	261 000	509 000
Total Equity and Debt	514 000	358 000	518 000	772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 515 000	2 031 000	2 259 000	2 218 000
Other Income	0	0	0	53 000
Revenue	2 515 000	2 031 000	2 259 000	2 271 000
Cost of Goods Sold	1 471 000	1 304 000	1 409 000	1 315 000
Salary Costs	666 000	582 000	433 000	578 000
Depreciation	7 000	5 000	0	27 000
Impairment	0	0	0	0
Expenditure	2 466 000	2 222 000	2 255 000	2 264 000
Operating Profit	49 000	−191 000	4 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	4 000	2 000
Financial Balance	0	−5 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	49 000	−196 000	−6 000	5 000

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	10 000	17 000	0	0
Total Tangible Assets	10 000	17 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	17 000	0	0
Stock	55 000	61 000	55 000	34 000
Total Investments	0	0	0	0
Cash, Bank	128 000	39 000	8 000	211 000
Total Current Assets	504 000	341 000	518 000	772 000
Total Assets	514 000	358 000	518 000	772 000
Total Equity	110 000	61 000	257 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	232 000	200 000	163 000	283 000
Unpaid Taxes	110 000	44 000	45 000	114 000
Dividends	0	0	0	0
Other Current Debt	62 000	54 000	47 000	112 000
Total Current Debt	405 000	298 000	261 000	509 000
Total Equity and Debt	514 000	358 000	518 000	772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,55 %	−321,31 %	−2,33 %	1,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,95 %	−9,4 %	0,18 %	0,31 %
Current Ratio	1,24	1,14	1,98	1,52
Quick Ratio	1,44	1,44	2,51	1,63
Equity Ratio	0,21	0,17	0,5	0,34
Gross Profit Margin	41,51 %	35,8 %	37,63 %	42,1 %