IT EIENDOMSUTVIKLING AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

23,48 %

Current Ratio

1,92

Debt-to-Equity Ratio

−2,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	5 490 000	40 000
Net Income	−634 000	−2 091 000	523 000	−1 127 000
Total Assets	9 151 000	9 252 000	15 778 000	13 081 000
Total Equity	−2 700 000	−2 066 000	24 000	−498 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	5 490 000	40 000
Expenditure	220 000	1 810 000	4 559 000	816 000
Operating Profit	−180 000	−1 770 000	931 000	−776 000
Financial Income	0	0	0	0
Financial Costs	454 000	320 000	408 000	351 000
Financial Balance	−454 000	−320 000	−408 000	−351 000
Earnings Before Tax	−634 000	−2 091 000	523 000	−1 127 000
Tax	0	0	0	0
Net Income	−634 000	−2 091 000	523 000	−1 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	9 151 000	9 252 000	15 778 000	13 081 000
Total Assets	9 151 000	9 252 000	15 778 000	13 081 000
Total Retained Equity	−3 077 000	−2 443 000	−353 000	−875 000
Total Equity	−2 700 000	−2 066 000	24 000	−498 000
Total Long-Term Debt	7 090 000	7 234 000	11 051 000	8 937 000
Total Current Debt	4 761 000	4 084 000	4 703 000	4 643 000
Total Equity and Debt	9 151 000	9 252 000	15 778 000	13 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	40 000	5 450 000	0
Other Income	0	0	40 000	40 000
Revenue	40 000	40 000	5 490 000	40 000
Cost of Goods Sold	0	1 455 000	4 326 000	504 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	220 000	1 810 000	4 559 000	816 000
Operating Profit	−180 000	−1 770 000	931 000	−776 000
Financial Income	0	0	0	0
Financial Costs	454 000	320 000	408 000	351 000
Financial Balance	−454 000	−320 000	−408 000	−351 000
Dividends	0	0	0	0
Net Income	−634 000	−2 091 000	523 000	−1 127 000

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	7 709 000	7 709 000	8 609 000	11 609 000
Total Investments	0	0	0	0
Cash, Bank	12 000	112 000	289 000	42 000
Total Current Assets	9 151 000	9 252 000	15 778 000	13 081 000
Total Assets	9 151 000	9 252 000	15 778 000	13 081 000
Total Equity	−2 700 000	−2 066 000	24 000	−498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 090 000	7 234 000	11 051 000	8 937 000
Creditors	0	97 000	505 000	357 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 761 000	3 986 000	4 198 000	4 285 000
Total Current Debt	4 761 000	4 084 000	4 703 000	4 643 000
Total Equity and Debt	9 151 000	9 252 000	15 778 000	13 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,48 %	101,21 %	2 179,17 %	226,31 %
Debt-to-Equity Ratio	−2,63	−3,5	460,46	−17,95
Operating Profit Margin	−450 %	−4 425 %	16,96 %	−1 940 %
Current Ratio	1,92	2,27	3,35	2,82
Quick Ratio	−3,1	−2,55	−4,04	−1,88
Equity Ratio	−0,3	−0,22	0	−0,04
Gross Profit Margin	100 %	−3 537,5 %	21,2 %	−1 160 %