NITU MANAGEMENT AS

7013 TRONDHEIM

Finances

Return on Equity

−616,62 %

Current Ratio

1,07

Debt-to-Equity Ratio

−22,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 582 000	7 105 000	3 272 000	2 753 000
Net Income	2 226 000	1 010 000	−568 000	1 266 000
Total Assets	13 238 000	7 581 000	5 204 000	4 814 000
Total Equity	−361 000	−2 587 000	−3 597 000	−3 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 582 000	7 105 000	3 272 000	2 753 000
Expenditure	8 144 000	5 869 000	3 936 000	1 843 000
Operating Profit	1 439 000	1 237 000	−663 000	910 000
Financial Income	1 328 000	171 000	342 000	660 000
Financial Costs	541 000	398 000	248 000	304 000
Financial Balance	787 000	−227 000	94 000	356 000
Earnings Before Tax	2 226 000	1 010 000	−568 000	1 266 000
Tax	0	0	0	0
Net Income	2 226 000	1 010 000	−568 000	1 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 318 000	4 723 000	3 625 000	3 040 000
Total Current Assets	5 920 000	2 858 000	1 579 000	1 774 000
Total Assets	13 238 000	7 581 000	5 204 000	4 814 000
Total Retained Equity	−3 601 000	−5 827 000	−6 837 000	−6 270 000
Total Equity	−361 000	−2 587 000	−3 597 000	−3 030 000
Total Long-Term Debt	8 063 000	5 420 000	5 873 000	5 987 000
Total Current Debt	5 537 000	4 748 000	2 929 000	1 857 000
Total Equity and Debt	13 238 000	7 581 000	5 204 000	4 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	0	25 000	249 000
Other Income	9 529 000	7 105 000	3 247 000	2 504 000
Revenue	9 582 000	7 105 000	3 272 000	2 753 000
Cost of Goods Sold	920 000	523 000	0	2 000
Salary Costs	3 941 000	2 661 000	1 896 000	1 260 000
Depreciation	20 000	29 000	29 000	40 000
Impairment	0	0	0	0
Expenditure	8 144 000	5 869 000	3 936 000	1 843 000
Operating Profit	1 439 000	1 237 000	−663 000	910 000
Financial Income	1 328 000	171 000	342 000	660 000
Financial Costs	541 000	398 000	248 000	304 000
Financial Balance	787 000	−227 000	94 000	356 000
Dividends	0	0	0	0
Net Income	2 226 000	1 010 000	−568 000	1 266 000

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	26 000	0	0	0
Fixtures	0	14 000	43 000	71 000
Total Tangible Assets	26 000	14 000	43 000	71 000
Total Fiancial Fixed Assets	7 293 000	4 709 000	3 583 000	2 968 000
Total Fixed Assets	7 318 000	4 723 000	3 625 000	3 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	63 000	59 000	56 000
Total Current Assets	5 920 000	2 858 000	1 579 000	1 774 000
Total Assets	13 238 000	7 581 000	5 204 000	4 814 000
Total Equity	−361 000	−2 587 000	−3 597 000	−3 030 000
Short-Term Group Debt	2 839 000	2 681 000	1 523 000	705 000
Total Long-Term Debt	8 063 000	5 420 000	5 873 000	5 987 000
Creditors	922 000	286 000	272 000	47 000
Unpaid Taxes	469 000	227 000	135 000	177 000
Dividends	0	0	0	0
Other Current Debt	1 106 000	1 303 000	753 000	693 000
Total Current Debt	5 537 000	4 748 000	2 929 000	1 857 000
Total Equity and Debt	13 238 000	7 581 000	5 204 000	4 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−616,62 %	−39,04 %	15,79 %	−41,78 %
Debt-to-Equity Ratio	−22,34	−2,1	−1,63	−1,98
Operating Profit Margin	15,02 %	17,41 %	−20,26 %	33,05 %
Current Ratio	1,07	0,6	0,54	0,96
Quick Ratio	1,07	0,6	0,54	0,96
Equity Ratio	−0,03	−0,34	−0,69	−0,63
Gross Profit Margin	90,4 %	92,64 %	100 %	99,93 %