ICC NORDEN AS

0165 OSLO

Finances

Share Ownership

Return on Equity

15,19 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	951 000	1 232 000	601 000	584 000
Net Income	48 000	178 000	15 000	53 000
Total Assets	438 000	367 000	206 000	192 000
Total Equity	316 000	269 000	90 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	951 000	1 232 000	601 000	584 000
Expenditure	890 000	1 003 000	577 000	518 000
Operating Profit	61 000	229 000	24 000	66 000
Financial Income	2 000	2 000	6 000	0
Financial Costs	2 000	2 000	11 000	1 000
Financial Balance	0	0	−5 000	−1 000
Earnings Before Tax	61 000	229 000	19 000	65 000
Tax	13 000	50 000	4 000	13 000
Net Income	48 000	178 000	15 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	438 000	367 000	206 000	192 000
Total Assets	438 000	367 000	206 000	192 000
Total Retained Equity	286 000	239 000	60 000	45 000
Total Equity	316 000	269 000	90 000	75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	122 000	99 000	115 000	116 000
Total Equity and Debt	438 000	367 000	206 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	951 000	1 232 000	601 000	584 000
Other Income	0	0	0	0
Revenue	951 000	1 232 000	601 000	584 000
Cost of Goods Sold	475 000	621 000	373 000	344 000
Salary Costs	190 000	184 000	104 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	890 000	1 003 000	577 000	518 000
Operating Profit	61 000	229 000	24 000	66 000
Financial Income	2 000	2 000	6 000	0
Financial Costs	2 000	2 000	11 000	1 000
Financial Balance	0	0	−5 000	−1 000
Dividends	0	0	0	0
Net Income	48 000	178 000	15 000	53 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	339 000	352 000	46 000	94 000
Total Current Assets	438 000	367 000	206 000	192 000
Total Assets	438 000	367 000	206 000	192 000
Total Equity	316 000	269 000	90 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	27 000	56 000	73 000
Unpaid Taxes	37 000	2 000	30 000	30 000
Dividends	0	0	0	0
Other Current Debt	20 000	20 000	25 000	0
Total Current Debt	122 000	99 000	115 000	116 000
Total Equity and Debt	438 000	367 000	206 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,19 %	66,17 %	16,67 %	70,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,41 %	18,59 %	3,99 %	11,3 %
Current Ratio	3,59	3,71	1,79	1,66
Quick Ratio	3,59	3,71	1,79	1,66
Equity Ratio	0,72	0,73	0,44	0,39
Gross Profit Margin	50,05 %	49,59 %	37,94 %	41,1 %