ITH RASMUSSEN AS

5518 HAUGESUND

Finances

Return on Equity

−19,03 %

Current Ratio

5,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	310 000	470 000	545 000	153 000
Net Income	−504 000	341 000	−222 000	1 949 000
Total Assets	2 786 000	3 300 000	3 386 000	3 208 000
Total Equity	2 648 000	3 152 000	2 911 000	3 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	310 000	470 000	545 000	153 000
Expenditure	803 000	176 000	767 000	375 000
Operating Profit	−494 000	293 000	−222 000	−222 000
Financial Income	0	0	1 000	2 173 000
Financial Costs	2 000	1 000	1 000	3 000
Financial Balance	−2 000	−1 000	0	2 170 000
Earnings Before Tax	−496 000	292 000	−222 000	1 949 000
Tax	8 000	−49 000	0	0
Net Income	−504 000	341 000	−222 000	1 949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 062 000	2 077 000	96 000	121 000
Total Current Assets	724 000	1 223 000	3 289 000	3 087 000
Total Assets	2 786 000	3 300 000	3 386 000	3 208 000
Total Retained Equity	2 541 000	3 045 000	2 804 000	3 025 000
Total Equity	2 648 000	3 152 000	2 911 000	3 132 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	138 000	148 000	475 000	76 000
Total Equity and Debt	2 786 000	3 300 000	3 386 000	3 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 000	470 000	545 000	153 000
Other Income	0	0	0	0
Revenue	310 000	470 000	545 000	153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	654 000	2 000	629 000	198 000
Depreciation	15 000	19 000	24 000	14 000
Impairment	0	0	0	0
Expenditure	803 000	176 000	767 000	375 000
Operating Profit	−494 000	293 000	−222 000	−222 000
Financial Income	0	0	1 000	2 173 000
Financial Costs	2 000	1 000	1 000	3 000
Financial Balance	−2 000	−1 000	0	2 170 000
Dividends	0	100 000	0	0
Net Income	−504 000	341 000	−222 000	1 949 000

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	62 000	77 000	96 000	121 000
Fixtures	0	0	0	0
Total Tangible Assets	62 000	77 000	96 000	121 000
Total Fiancial Fixed Assets	2 000 000	2 000 000	0	0
Total Fixed Assets	2 062 000	2 077 000	96 000	121 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	507 000	656 000	2 629 000	3 070 000
Total Current Assets	724 000	1 223 000	3 289 000	3 087 000
Total Assets	2 786 000	3 300 000	3 386 000	3 208 000
Total Equity	2 648 000	3 152 000	2 911 000	3 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	−19 000	0	5 000
Unpaid Taxes	44 000	12 000	420 000	50 000
Dividends	0	100 000	0	0
Other Current Debt	88 000	55 000	55 000	20 000
Total Current Debt	138 000	148 000	475 000	76 000
Total Equity and Debt	2 786 000	3 300 000	3 386 000	3 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,03 %	10,82 %	−7,63 %	62,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−159,35 %	62,34 %	−40,73 %	−145,1 %
Current Ratio	5,25	8,26	6,92	40,62
Quick Ratio	5,25	8,26	6,92	40,62
Equity Ratio	0,95	0,96	0,86	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %