ITELCO AS

1560 LARKOLLEN

Finances

Share Ownership

Return on Equity

−29,55 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	259 000	850 000	682 000	989 000
Net Income	−52 000	68 000	32 000	−29 000
Total Assets	470 000	882 000	757 000	448 000
Total Equity	176 000	228 000	160 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	259 000	850 000	682 000	989 000
Expenditure	311 000	781 000	657 000	996 000
Operating Profit	−52 000	68 000	26 000	−7 000
Financial Income	0	0	6 000	2 000
Financial Costs	0	0	0	24 000
Financial Balance	0	0	6 000	−22 000
Earnings Before Tax	−52 000	68 000	32 000	−29 000
Tax	0	0	0	0
Net Income	−52 000	68 000	32 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	225 000	274 000	59 000
Total Current Assets	288 000	656 000	483 000	389 000
Total Assets	470 000	882 000	757 000	448 000
Total Retained Equity	76 000	128 000	60 000	28 000
Total Equity	176 000	228 000	160 000	128 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	294 000	654 000	597 000	320 000
Total Equity and Debt	470 000	882 000	757 000	448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 000	850 000	682 000	989 000
Other Income	0	0	0	0
Revenue	259 000	850 000	682 000	989 000
Cost of Goods Sold	85 000	522 000	486 000	844 000
Salary Costs	8 000	0	2 000	3 000
Depreciation	44 000	48 000	16 000	6 000
Impairment	0	0	0	0
Expenditure	311 000	781 000	657 000	996 000
Operating Profit	−52 000	68 000	26 000	−7 000
Financial Income	0	0	6 000	2 000
Financial Costs	0	0	0	24 000
Financial Balance	0	0	6 000	−22 000
Dividends	0	0	0	0
Net Income	−52 000	68 000	32 000	−29 000

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	155 000	199 000	247 000	32 000
Total Tangible Assets	155 000	199 000	247 000	32 000
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	181 000	225 000	274 000	59 000
Stock	0	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	52 000	566 000	328 000	246 000
Total Current Assets	288 000	656 000	483 000	389 000
Total Assets	470 000	882 000	757 000	448 000
Total Equity	176 000	228 000	160 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−9 000	−10 000	26 000
Unpaid Taxes	252 000	394 000	344 000	232 000
Dividends	0	0	0	0
Other Current Debt	42 000	269 000	263 000	62 000
Total Current Debt	294 000	654 000	597 000	320 000
Total Equity and Debt	470 000	882 000	757 000	448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,55 %	29,82 %	20 %	−22,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,08 %	8 %	3,81 %	−0,71 %
Current Ratio	0,98	1	0,81	1,22
Quick Ratio	0,98	1,09	0,88	1,44
Equity Ratio	0,37	0,26	0,21	0,29
Gross Profit Margin	67,18 %	38,59 %	28,74 %	14,66 %