ITS INDEPENDENT TRANSPORT & SHIPPING AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

−16,35 %

Current Ratio

2,44

Debt-to-Equity Ratio

−1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 192 000	2 369 000	2 380 000	2 721 000
Net Income	778 000	422 000	594 000	517 000
Total Assets	2 106 000	1 017 000	933 000	549 000
Total Equity	−4 759 000	−5 536 000	−5 958 000	−6 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 192 000	2 369 000	2 380 000	2 721 000
Expenditure	4 414 000	1 948 000	1 786 000	2 203 000
Operating Profit	778 000	422 000	594 000	517 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	778 000	422 000	594 000	517 000
Tax	0	0	0	0
Net Income	778 000	422 000	594 000	517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 106 000	1 017 000	933 000	549 000
Total Assets	2 106 000	1 017 000	933 000	549 000
Total Retained Equity	−5 759 000	−6 536 000	−6 958 000	−7 552 000
Total Equity	−4 759 000	−5 536 000	−5 958 000	−6 552 000
Total Long-Term Debt	6 004 000	6 004 000	6 004 000	6 004 000
Total Current Debt	862 000	550 000	887 000	1 097 000
Total Equity and Debt	2 106 000	1 017 000	933 000	549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 192 000	2 369 000	2 380 000	2 721 000
Other Income	0	0	0	0
Revenue	5 192 000	2 369 000	2 380 000	2 721 000
Cost of Goods Sold	3 798 000	1 834 000	1 670 000	1 746 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 414 000	1 948 000	1 786 000	2 203 000
Operating Profit	778 000	422 000	594 000	517 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	778 000	422 000	594 000	517 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	710 000	650 000	579 000	156 000
Total Current Assets	2 106 000	1 017 000	933 000	549 000
Total Assets	2 106 000	1 017 000	933 000	549 000
Total Equity	−4 759 000	−5 536 000	−5 958 000	−6 552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 004 000	6 004 000	6 004 000	6 004 000
Creditors	257 000	309 000	805 000	962 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	604 000	242 000	83 000	135 000
Total Current Debt	862 000	550 000	887 000	1 097 000
Total Equity and Debt	2 106 000	1 017 000	933 000	549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,35 %	−7,62 %	−9,97 %	−7,89 %
Debt-to-Equity Ratio	−1,26	−1,08	−1,01	−0,92
Operating Profit Margin	14,98 %	17,81 %	24,96 %	19 %
Current Ratio	2,44	1,85	1,05	0,5
Quick Ratio	2,44	1,85	1,05	0,5
Equity Ratio	−2,26	−5,44	−6,39	−11,93
Gross Profit Margin	26,85 %	22,58 %	29,83 %	35,83 %