INITO AS

2317 HAMAR

Finances

Share Ownership

Return on Equity

17,72 %

Current Ratio

2,53

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	539 000	533 000	467 000	506 000
Net Income	201 000	199 000	114 000	164 000
Total Assets	3 971 000	3 911 000	3 924 000	4 002 000
Total Equity	1 134 000	933 000	734 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	539 000	533 000	467 000	506 000
Expenditure	136 000	154 000	155 000	117 000
Operating Profit	403 000	378 000	312 000	389 000
Financial Income	0	0	0	0
Financial Costs	137 000	115 000	157 000	171 000
Financial Balance	−137 000	−115 000	−157 000	−171 000
Earnings Before Tax	266 000	263 000	154 000	218 000
Tax	65 000	64 000	40 000	54 000
Net Income	201 000	199 000	114 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 784 000	3 813 000	3 842 000	3 871 000
Total Current Assets	187 000	98 000	82 000	131 000
Total Assets	3 971 000	3 911 000	3 924 000	4 002 000
Total Retained Equity	884 000	683 000	484 000	370 000
Total Equity	1 134 000	933 000	734 000	620 000
Total Long-Term Debt	2 763 000	2 906 000	3 150 000	3 320 000
Total Current Debt	74 000	73 000	40 000	62 000
Total Equity and Debt	3 971 000	3 911 000	3 924 000	4 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	539 000	533 000	467 000	506 000
Revenue	539 000	533 000	467 000	506 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	29 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	136 000	154 000	155 000	117 000
Operating Profit	403 000	378 000	312 000	389 000
Financial Income	0	0	0	0
Financial Costs	137 000	115 000	157 000	171 000
Financial Balance	−137 000	−115 000	−157 000	−171 000
Dividends	0	0	0	0
Net Income	201 000	199 000	114 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 784 000	3 813 000	3 842 000	3 871 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 784 000	3 813 000	3 842 000	3 871 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 784 000	3 813 000	3 842 000	3 871 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	98 000	82 000	119 000
Total Current Assets	187 000	98 000	82 000	131 000
Total Assets	3 971 000	3 911 000	3 924 000	4 002 000
Total Equity	1 134 000	933 000	734 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 763 000	2 906 000	3 150 000	3 320 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	9 000	0	8 000
Total Current Debt	74 000	73 000	40 000	62 000
Total Equity and Debt	3 971 000	3 911 000	3 924 000	4 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,72 %	21,33 %	15,53 %	26,45 %
Debt-to-Equity Ratio	2,44	3,11	4,29	5,35
Operating Profit Margin	74,77 %	70,92 %	66,81 %	76,88 %
Current Ratio	2,53	1,34	2,05	2,11
Quick Ratio	2,53	1,34	2,05	2,11
Equity Ratio	0,29	0,24	0,19	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %