ITTEAM AS

8370 LEKNES

Finances

Return on Equity

18,22 %

Current Ratio

1,75

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 295 000	9 498 000	8 720 000	8 296 000
Net Income	418 000	881 000	990 000	782 000
Total Assets	8 093 000	3 045 000	3 007 000	2 834 000
Total Equity	2 294 000	2 077 000	1 196 000	1 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 295 000	9 498 000	8 720 000	8 296 000
Expenditure	8 601 000	8 363 000	7 454 000	7 298 000
Operating Profit	693 000	1 135 000	1 265 000	999 000
Financial Income	2 000	2 000	10 000	8 000
Financial Costs	169 000	4 000	4 000	1 000
Financial Balance	−167 000	−2 000	6 000	7 000
Earnings Before Tax	527 000	1 133 000	1 271 000	1 006 000
Tax	109 000	252 000	281 000	223 000
Net Income	418 000	881 000	990 000	782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 403 000	234 000	58 000	93 000
Total Current Assets	1 691 000	2 811 000	2 949 000	2 741 000
Total Assets	8 093 000	3 045 000	3 007 000	2 834 000
Total Retained Equity	2 194 000	1 977 000	1 096 000	906 000
Total Equity	2 294 000	2 077 000	1 196 000	1 006 000
Total Long-Term Debt	4 833 000	0	0	0
Total Current Debt	966 000	968 000	1 811 000	1 828 000
Total Equity and Debt	8 093 000	3 045 000	3 007 000	2 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 218 000	9 283 000	8 720 000	8 296 000
Other Income	77 000	215 000	0	0
Revenue	9 295 000	9 498 000	8 720 000	8 296 000
Cost of Goods Sold	3 623 000	3 746 000	3 454 000	3 390 000
Salary Costs	3 007 000	2 808 000	2 562 000	2 427 000
Depreciation	119 000	68 000	35 000	40 000
Impairment	0	0	0	0
Expenditure	8 601 000	8 363 000	7 454 000	7 298 000
Operating Profit	693 000	1 135 000	1 265 000	999 000
Financial Income	2 000	2 000	10 000	8 000
Financial Costs	169 000	4 000	4 000	1 000
Financial Balance	−167 000	−2 000	6 000	7 000
Dividends	0	0	800 000	600 000
Net Income	418 000	881 000	990 000	782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 121 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	267 000	219 000	43 000	78 000
Total Tangible Assets	6 388 000	219 000	43 000	78 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	6 403 000	234 000	58 000	93 000
Stock	881 000	944 000	666 000	944 000
Total Investments	0	0	0	0
Cash, Bank	341 000	1 391 000	1 762 000	562 000
Total Current Assets	1 691 000	2 811 000	2 949 000	2 741 000
Total Assets	8 093 000	3 045 000	3 007 000	2 834 000
Total Equity	2 294 000	2 077 000	1 196 000	1 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 833 000	0	0	0
Creditors	379 000	222 000	183 000	534 000
Unpaid Taxes	185 000	187 000	252 000	245 000
Dividends	0	0	800 000	600 000
Other Current Debt	305 000	307 000	295 000	225 000
Total Current Debt	966 000	968 000	1 811 000	1 828 000
Total Equity and Debt	8 093 000	3 045 000	3 007 000	2 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,22 %	42,42 %	82,78 %	77,73 %
Debt-to-Equity Ratio	2,11	0	0	0
Operating Profit Margin	7,46 %	11,95 %	14,51 %	12,04 %
Current Ratio	1,75	2,9	1,63	1,5
Quick Ratio	19,89	117,13	2,58	3,1
Equity Ratio	0,28	0,68	0,4	0,35
Gross Profit Margin	61,02 %	60,56 %	60,39 %	59,14 %