ITS PRO AS

3189 HORTEN

Finances

Return on Equity

5,54 %

Current Ratio

5,08

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 353 000	2 781 000	2 279 000	2 964 000
Net Income	222 000	946 000	624 000	1 129 000
Total Assets	10 652 000	6 999 000	5 155 000	4 978 000
Total Equity	4 008 000	3 786 000	3 039 000	2 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 353 000	2 781 000	2 279 000	2 964 000
Expenditure	1 726 000	1 428 000	1 404 000	1 495 000
Operating Profit	627 000	1 353 000	874 000	1 469 000
Financial Income	6 000	54 000	1 000	1 000
Financial Costs	317 000	175 000	72 000	39 000
Financial Balance	−311 000	−121 000	−71 000	−38 000
Earnings Before Tax	316 000	1 231 000	803 000	1 431 000
Tax	94 000	285 000	179 000	302 000
Net Income	222 000	946 000	624 000	1 129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 719 000	2 562 000	2 739 000	2 921 000
Total Current Assets	2 933 000	4 437 000	2 416 000	2 056 000
Total Assets	10 652 000	6 999 000	5 155 000	4 978 000
Total Retained Equity	3 908 000	3 686 000	2 939 000	2 515 000
Total Equity	4 008 000	3 786 000	3 039 000	2 615 000
Total Long-Term Debt	6 066 000	2 342 000	1 478 000	1 589 000
Total Current Debt	577 000	871 000	637 000	774 000
Total Equity and Debt	10 652 000	6 999 000	5 155 000	4 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 328 000	2 637 000	2 087 000	2 964 000
Other Income	25 000	144 000	192 000	0
Revenue	2 353 000	2 781 000	2 279 000	2 964 000
Cost of Goods Sold	60 000	55 000	65 000	47 000
Salary Costs	1 030 000	1 005 000	859 000	926 000
Depreciation	57 000	55 000	55 000	75 000
Impairment	0	0	0	0
Expenditure	1 726 000	1 428 000	1 404 000	1 495 000
Operating Profit	627 000	1 353 000	874 000	1 469 000
Financial Income	6 000	54 000	1 000	1 000
Financial Costs	317 000	175 000	72 000	39 000
Financial Balance	−311 000	−121 000	−71 000	−38 000
Dividends	0	0	200 000	200 000
Net Income	222 000	946 000	624 000	1 129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 293 000	2 200 000	2 200 000	2 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	320 000	362 000	417 000	754 000
Total Tangible Assets	7 613 000	2 562 000	2 617 000	2 954 000
Total Fiancial Fixed Assets	106 000	0	122 000	−33 000
Total Fixed Assets	7 719 000	2 562 000	2 739 000	2 921 000
Stock	1 724 000	1 644 000	0	0
Total Investments	503 000	617 000	60 000	0
Cash, Bank	534 000	1 987 000	2 339 000	1 850 000
Total Current Assets	2 933 000	4 437 000	2 416 000	2 056 000
Total Assets	10 652 000	6 999 000	5 155 000	4 978 000
Total Equity	4 008 000	3 786 000	3 039 000	2 615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 066 000	2 342 000	1 478 000	1 589 000
Creditors	214 000	5 000	25 000	13 000
Unpaid Taxes	122 000	231 000	111 000	166 000
Dividends	0	0	200 000	200 000
Other Current Debt	145 000	151 000	119 000	98 000
Total Current Debt	577 000	871 000	637 000	774 000
Total Equity and Debt	10 652 000	6 999 000	5 155 000	4 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,54 %	24,99 %	20,53 %	43,17 %
Debt-to-Equity Ratio	1,51	0,62	0,49	0,61
Operating Profit Margin	26,65 %	48,65 %	38,35 %	49,56 %
Current Ratio	5,08	5,09	3,79	2,66
Quick Ratio	−2,56	−5,74	3,79	2,66
Equity Ratio	0,38	0,54	0,59	0,53
Gross Profit Margin	97,45 %	98,02 %	97,15 %	98,41 %