IT OLJEHANDEL AS

7563 MALVIK

Finances

Return on Equity

−11,27 %

Current Ratio

7,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	1 000	0	−1 000
Net Income	−143 000	−87 000	−71 000	358 000
Total Assets	1 485 000	1 549 000	1 589 000	1 669 000
Total Equity	1 269 000	1 412 000	1 499 000	1 569 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	1 000	0	−1 000
Expenditure	144 000	66 000	102 000	56 000
Operating Profit	−143 000	−65 000	−101 000	−58 000
Financial Income	1 000	4 000	140 000	417 000
Financial Costs	0	2 000	109 000	2 000
Financial Balance	1 000	2 000	31 000	415 000
Earnings Before Tax	−143 000	−62 000	−71 000	358 000
Tax	0	24 000	0	0
Net Income	−143 000	−87 000	−71 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−134 000	−94 000	0	0
Total Current Assets	1 618 000	1 643 000	1 589 000	1 669 000
Total Assets	1 485 000	1 549 000	1 589 000	1 669 000
Total Retained Equity	1 239 000	1 382 000	1 469 000	1 539 000
Total Equity	1 269 000	1 412 000	1 499 000	1 569 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	215 000	137 000	90 000	100 000
Total Equity and Debt	1 485 000	1 549 000	1 589 000	1 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	1 000	0	0
Other Income	0	0	0	−1 000
Revenue	1 000	1 000	0	−1 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	144 000	66 000	102 000	56 000
Operating Profit	−143 000	−65 000	−101 000	−58 000
Financial Income	1 000	4 000	140 000	417 000
Financial Costs	0	2 000	109 000	2 000
Financial Balance	1 000	2 000	31 000	415 000
Dividends	0	0	0	0
Net Income	−143 000	−87 000	−71 000	358 000

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	−134 000	−94 000	0	0
Total Fixed Assets	−134 000	−94 000	0	0
Stock	0	0	0	0
Total Investments	1 415 000	1 415 000	1 585 000	1 555 000
Cash, Bank	198 000	224 000	−1 000	110 000
Total Current Assets	1 618 000	1 643 000	1 589 000	1 669 000
Total Assets	1 485 000	1 549 000	1 589 000	1 669 000
Total Equity	1 269 000	1 412 000	1 499 000	1 569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−1 000	−1 000	−1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	137 000	137 000	137 000	100 000
Total Current Debt	215 000	137 000	90 000	100 000
Total Equity and Debt	1 485 000	1 549 000	1 589 000	1 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,27 %	−6,16 %	−4,74 %	22,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14 300 %	−6 500 %	-	5 800 %
Current Ratio	7,53	11,99	17,66	16,69
Quick Ratio	7,53	11,99	17,66	16,69
Equity Ratio	0,85	0,91	0,94	0,94
Gross Profit Margin	100 %	100 %	-	100 %