ITSTYRING AS

4611 KRISTIANSAND S

Finances

Return on Equity

9,53 %

Current Ratio

0,9

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 902 000	9 238 000	6 831 000	7 031 000
Net Income	51 000	918 000	244 000	229 000
Total Assets	3 303 000	3 175 000	2 660 000	2 278 000
Total Equity	535 000	484 000	366 000	362 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 902 000	9 238 000	6 831 000	7 031 000
Expenditure	11 787 000	8 156 000	3 247 000	3 198 000
Operating Profit	115 000	1 083 000	385 000	337 000
Financial Income	2 000	102 000	0	1 000
Financial Costs	43 000	28 000	72 000	41 000
Financial Balance	−41 000	74 000	−72 000	−40 000
Earnings Before Tax	74 000	1 157 000	313 000	297 000
Tax	23 000	239 000	69 000	67 000
Net Income	51 000	918 000	244 000	229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	940 000	791 000	153 000	229 000
Total Current Assets	2 363 000	2 384 000	2 507 000	2 049 000
Total Assets	3 303 000	3 175 000	2 660 000	2 278 000
Total Retained Equity	435 000	384 000	266 000	262 000
Total Equity	535 000	484 000	366 000	362 000
Total Long-Term Debt	150 000	475 000	600 000	0
Total Current Debt	2 618 000	2 216 000	1 694 000	1 916 000
Total Equity and Debt	3 303 000	3 175 000	2 660 000	2 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 874 000	9 172 000	6 787 000	6 981 000
Other Income	28 000	66 000	43 000	49 000
Revenue	11 902 000	9 238 000	6 831 000	7 031 000
Cost of Goods Sold	6 230 000	3 891 000	0	0
Salary Costs	3 322 000	2 814 000	2 133 000	2 180 000
Depreciation	343 000	210 000	84 000	77 000
Impairment	0	0	0	0
Expenditure	11 787 000	8 156 000	3 247 000	3 198 000
Operating Profit	115 000	1 083 000	385 000	337 000
Financial Income	2 000	102 000	0	1 000
Financial Costs	43 000	28 000	72 000	41 000
Financial Balance	−41 000	74 000	−72 000	−40 000
Dividends	0	800 000	240 000	0
Net Income	51 000	918 000	244 000	229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	241 000	60 000	12 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	641 000	674 000	83 000	167 000
Total Tangible Assets	641 000	674 000	83 000	167 000
Total Fiancial Fixed Assets	58 000	58 000	58 000	58 000
Total Fixed Assets	940 000	791 000	153 000	229 000
Stock	476 000	488 000	621 000	447 000
Total Investments	0	0	0	0
Cash, Bank	156 000	525 000	625 000	282 000
Total Current Assets	2 363 000	2 384 000	2 507 000	2 049 000
Total Assets	3 303 000	3 175 000	2 660 000	2 278 000
Total Equity	535 000	484 000	366 000	362 000
Short-Term Group Debt	0	0	240 000	0
Total Long-Term Debt	150 000	475 000	600 000	0
Creditors	1 024 000	320 000	291 000	685 000
Unpaid Taxes	312 000	367 000	293 000	263 000
Dividends	0	800 000	240 000	0
Other Current Debt	888 000	331 000	223 000	220 000
Total Current Debt	2 618 000	2 216 000	1 694 000	1 916 000
Total Equity and Debt	3 303 000	3 175 000	2 660 000	2 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,53 %	189,67 %	66,67 %	63,26 %
Debt-to-Equity Ratio	0,28	0,98	1,64	0
Operating Profit Margin	0,97 %	11,72 %	5,64 %	4,79 %
Current Ratio	0,9	1,08	1,48	1,07
Quick Ratio	1,1	1,38	2,34	1,39
Equity Ratio	0,16	0,15	0,14	0,16
Gross Profit Margin	47,66 %	57,88 %	100 %	100 %