ITUB AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

14,45 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 895 000	21 246 000	29 650 000	25 875 000
Net Income	5 981 000	6 121 000	5 398 000	4 578 000
Total Assets	66 976 000	70 546 000	74 591 000	57 349 000
Total Equity	41 379 000	35 397 000	29 276 000	23 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 895 000	21 246 000	29 650 000	25 875 000
Expenditure	14 890 000	17 080 000	25 090 000	21 454 000
Operating Profit	5 004 000	4 166 000	4 560 000	4 421 000
Financial Income	3 809 000	6 490 000	4 264 000	3 526 000
Financial Costs	1 320 000	3 282 000	1 899 000	2 096 000
Financial Balance	2 489 000	3 208 000	2 365 000	1 430 000
Earnings Before Tax	7 493 000	7 374 000	6 925 000	5 851 000
Tax	1 512 000	1 253 000	1 527 000	1 273 000
Net Income	5 981 000	6 121 000	5 398 000	4 578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 994 000	65 871 000	72 832 000	52 934 000
Total Current Assets	7 982 000	4 675 000	1 758 000	4 416 000
Total Assets	66 976 000	70 546 000	74 591 000	57 349 000
Total Retained Equity	31 227 000	25 245 000	19 124 000	13 726 000
Total Equity	41 379 000	35 397 000	29 276 000	23 878 000
Total Long-Term Debt	21 049 000	31 268 000	39 965 000	28 824 000
Total Current Debt	4 549 000	3 880 000	5 350 000	4 647 000
Total Equity and Debt	66 976 000	70 546 000	74 591 000	57 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	19 895 000	21 246 000	29 650 000	25 875 000
Revenue	19 895 000	21 246 000	29 650 000	25 875 000
Cost of Goods Sold	4 527 000	6 591 000	10 396 000	11 060 000
Salary Costs	2 083 000	1 580 000	2 169 000	1 394 000
Depreciation	1 584 000	2 195 000	5 727 000	5 011 000
Impairment	0	0	0	0
Expenditure	14 890 000	17 080 000	25 090 000	21 454 000
Operating Profit	5 004 000	4 166 000	4 560 000	4 421 000
Financial Income	3 809 000	6 490 000	4 264 000	3 526 000
Financial Costs	1 320 000	3 282 000	1 899 000	2 096 000
Financial Balance	2 489 000	3 208 000	2 365 000	1 430 000
Dividends	0	0	0	0
Net Income	5 981 000	6 121 000	5 398 000	4 578 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	476 000	545 000	579 000	124 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 442 000	5 694 000	7 223 000	11 092 000
Total Tangible Assets	4 442 000	5 694 000	7 223 000	11 092 000
Total Fiancial Fixed Assets	54 076 000	59 633 000	65 031 000	41 717 000
Total Fixed Assets	58 994 000	65 871 000	72 832 000	52 934 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 426 000	49 000	31 000	2 336 000
Total Current Assets	7 982 000	4 675 000	1 758 000	4 416 000
Total Assets	66 976 000	70 546 000	74 591 000	57 349 000
Total Equity	41 379 000	35 397 000	29 276 000	23 878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 049 000	31 268 000	39 965 000	28 824 000
Creditors	2 003 000	1 059 000	1 701 000	1 260 000
Unpaid Taxes	535 000	626 000	280 000	666 000
Dividends	0	0	0	0
Other Current Debt	568 000	977 000	602 000	486 000
Total Current Debt	4 549 000	3 880 000	5 350 000	4 647 000
Total Equity and Debt	66 976 000	70 546 000	74 591 000	57 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,45 %	17,29 %	18,44 %	19,17 %
Debt-to-Equity Ratio	0,51	0,88	1,37	1,21
Operating Profit Margin	25,15 %	19,61 %	15,38 %	17,09 %
Current Ratio	1,75	1,2	0,33	0,95
Quick Ratio	1,75	1,2	0,33	0,95
Equity Ratio	0,62	0,5	0,39	0,42
Gross Profit Margin	77,25 %	68,98 %	64,94 %	57,26 %