IVO AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−328,57 %

Current Ratio

0,79

Debt-to-Equity Ratio

−58,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 658 000	1 525 000	1 410 000	1 660 000
Net Income	23 000	16 000	−163 000	6 000
Total Assets	743 000	202 000	256 000	338 000
Total Equity	−7 000	−30 000	−45 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 658 000	1 525 000	1 410 000	1 660 000
Expenditure	1 606 000	1 503 000	1 567 000	1 651 000
Operating Profit	52 000	22 000	−157 000	9 000
Financial Income	0	0	0	0
Financial Costs	29 000	7 000	7 000	4 000
Financial Balance	−29 000	−7 000	−7 000	−4 000
Earnings Before Tax	23 000	16 000	−163 000	6 000
Tax	0	0	0	0
Net Income	23 000	16 000	−163 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	473 000	0	28 000	58 000
Total Current Assets	270 000	202 000	228 000	279 000
Total Assets	743 000	202 000	256 000	338 000
Total Retained Equity	−107 000	−130 000	−145 000	18 000
Total Equity	−7 000	−30 000	−45 000	118 000
Total Long-Term Debt	407 000	0	0	0
Total Current Debt	343 000	232 000	301 000	220 000
Total Equity and Debt	743 000	202 000	256 000	338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 462 000	1 319 000	1 194 000	1 347 000
Other Income	195 000	207 000	215 000	313 000
Revenue	1 658 000	1 525 000	1 410 000	1 660 000
Cost of Goods Sold	28 000	55 000	23 000	20 000
Salary Costs	883 000	718 000	959 000	1 035 000
Depreciation	57 000	28 000	30 000	38 000
Impairment	0	0	0	0
Expenditure	1 606 000	1 503 000	1 567 000	1 651 000
Operating Profit	52 000	22 000	−157 000	9 000
Financial Income	0	0	0	0
Financial Costs	29 000	7 000	7 000	4 000
Financial Balance	−29 000	−7 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	23 000	16 000	−163 000	6 000

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	473 000	0	28 000	58 000
Total Tangible Assets	473 000	0	28 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	473 000	0	28 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	47 000	31 000	71 000
Total Current Assets	270 000	202 000	228 000	279 000
Total Assets	743 000	202 000	256 000	338 000
Total Equity	−7 000	−30 000	−45 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	407 000	0	0	0
Creditors	12 000	68 000	48 000	35 000
Unpaid Taxes	109 000	89 000	83 000	80 000
Dividends	0	0	0	0
Other Current Debt	89 000	75 000	97 000	104 000
Total Current Debt	343 000	232 000	301 000	220 000
Total Equity and Debt	743 000	202 000	256 000	338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−328,57 %	−53,33 %	362,22 %	5,08 %
Debt-to-Equity Ratio	−58,14	−0	−0	0
Operating Profit Margin	3,14 %	1,44 %	−11,13 %	0,54 %
Current Ratio	0,79	0,87	0,76	1,27
Quick Ratio	0,79	0,87	0,76	1,27
Equity Ratio	−0,01	−0,15	−0,18	0,35
Gross Profit Margin	98,31 %	96,39 %	98,37 %	98,8 %