IKM RADA AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

134,56 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 743 000	34 780 000	45 911 000	52 607 000
Net Income	841 000	1 452 000	1 022 000	−518 000
Total Assets	11 199 000	9 264 000	12 348 000	17 302 000
Total Equity	625 000	784 000	−667 000	−1 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 743 000	34 780 000	45 911 000	52 607 000
Expenditure	37 663 000	32 994 000	44 342 000	52 810 000
Operating Profit	1 079 000	1 786 000	1 568 000	−202 000
Financial Income	28 000	40 000	44 000	47 000
Financial Costs	29 000	127 000	590 000	363 000
Financial Balance	−1 000	−87 000	−546 000	−316 000
Earnings Before Tax	1 078 000	1 700 000	1 022 000	−518 000
Tax	237 000	248 000	0	0
Net Income	841 000	1 452 000	1 022 000	−518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	61 000	54 000	85 000
Total Current Assets	11 130 000	9 203 000	12 294 000	17 218 000
Total Assets	11 199 000	9 264 000	12 348 000	17 302 000
Total Retained Equity	595 000	754 000	−697 000	−1 720 000
Total Equity	625 000	784 000	−667 000	−1 690 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 574 000	8 480 000	13 015 000	18 992 000
Total Equity and Debt	11 199 000	9 264 000	12 348 000	17 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 743 000	34 780 000	45 911 000	52 607 000
Other Income	0	0	0	0
Revenue	38 743 000	34 780 000	45 911 000	52 607 000
Cost of Goods Sold	8 279 000	2 455 000	1 629 000	537 000
Salary Costs	27 467 000	28 301 000	39 696 000	48 381 000
Depreciation	17 000	24 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	37 663 000	32 994 000	44 342 000	52 810 000
Operating Profit	1 079 000	1 786 000	1 568 000	−202 000
Financial Income	28 000	40 000	44 000	47 000
Financial Costs	29 000	127 000	590 000	363 000
Financial Balance	−1 000	−87 000	−546 000	−316 000
Dividends	1 000 000	0	0	0
Net Income	841 000	1 452 000	1 022 000	−518 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	28 000	20 000	33 000
Total Tangible Assets	10 000	28 000	20 000	33 000
Total Fiancial Fixed Assets	59 000	34 000	34 000	34 000
Total Fixed Assets	69 000	61 000	54 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	11 000	2 228 000	5 500 000
Total Current Assets	11 130 000	9 203 000	12 294 000	17 218 000
Total Assets	11 199 000	9 264 000	12 348 000	17 302 000
Total Equity	625 000	784 000	−667 000	−1 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 669 000	848 000	256 000	174 000
Unpaid Taxes	2 958 000	2 634 000	3 925 000	5 175 000
Dividends	1 000 000	0	0	0
Other Current Debt	4 710 000	4 750 000	6 759 000	7 845 000
Total Current Debt	10 574 000	8 480 000	13 015 000	18 992 000
Total Equity and Debt	11 199 000	9 264 000	12 348 000	17 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	134,56 %	185,2 %	−153,22 %	30,65 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	2,79 %	5,14 %	3,42 %	−0,38 %
Current Ratio	1,05	1,09	0,94	0,91
Quick Ratio	1,05	1,09	0,94	0,91
Equity Ratio	0,06	0,08	−0,05	−0,1
Gross Profit Margin	78,63 %	92,94 %	96,45 %	98,98 %