ITIRO AS

1152 OSLO

Finances

Return on Equity

218,06 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	375 000	240 000	150 000	155 000
Net Income	314 000	187 000	61 000	113 000
Total Assets	562 000	397 000	565 000	528 000
Total Equity	144 000	129 000	122 000	461 000

Income (NOK)	2022	2021	2020	2019
Revenue	375 000	240 000	150 000	155 000
Expenditure	64 000	54 000	44 000	12 000
Operating Profit	311 000	186 000	106 000	143 000
Financial Income	72 000	48 000	1 000	2 000
Financial Costs	0	0	29 000	0
Financial Balance	72 000	48 000	−28 000	2 000
Earnings Before Tax	383 000	234 000	78 000	145 000
Tax	69 000	47 000	17 000	32 000
Net Income	314 000	187 000	61 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	253 000	91 000	91 000	126 000
Total Current Assets	309 000	305 000	473 000	401 000
Total Assets	562 000	397 000	565 000	528 000
Total Retained Equity	77 000	62 000	56 000	395 000
Total Equity	144 000	129 000	122 000	461 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	419 000	267 000	443 000	66 000
Total Equity and Debt	562 000	397 000	565 000	528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	375 000	240 000	150 000	155 000
Other Income	0	0	0	0
Revenue	375 000	240 000	150 000	155 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	54 000	44 000	12 000
Operating Profit	311 000	186 000	106 000	143 000
Financial Income	72 000	48 000	1 000	2 000
Financial Costs	0	0	29 000	0
Financial Balance	72 000	48 000	−28 000	2 000
Dividends	300 000	180 000	400 000	0
Net Income	314 000	187 000	61 000	113 000

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	112 000	0	0	0
Total Tangible Assets	112 000	0	0	0
Total Fiancial Fixed Assets	141 000	91 000	91 000	126 000
Total Fixed Assets	253 000	91 000	91 000	126 000
Stock	0	0	0	0
Total Investments	0	50 000	0	0
Cash, Bank	309 000	143 000	473 000	401 000
Total Current Assets	309 000	305 000	473 000	401 000
Total Assets	562 000	397 000	565 000	528 000
Total Equity	144 000	129 000	122 000	461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	50 000	46 000	25 000	34 000
Dividends	300 000	180 000	400 000	0
Other Current Debt	0	0	0	0
Total Current Debt	419 000	267 000	443 000	66 000
Total Equity and Debt	562 000	397 000	565 000	528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	218,06 %	144,96 %	50 %	24,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	82,93 %	77,5 %	70,67 %	92,26 %
Current Ratio	0,74	1,14	1,07	6,08
Quick Ratio	0,74	1,14	1,07	6,08
Equity Ratio	0,26	0,32	0,22	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %