INDUSTRI REK AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

−6,23 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 189 000	7 911 000	6 940 000	5 562 000
Net Income	−63 000	181 000	51 000	−5 000
Total Assets	2 284 000	2 250 000	1 628 000	1 525 000
Total Equity	1 011 000	1 073 000	892 000	842 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 189 000	7 911 000	6 940 000	5 562 000
Expenditure	7 253 000	7 646 000	6 840 000	5 536 000
Operating Profit	−64 000	265 000	99 000	26 000
Financial Income	15 000	0	3 000	5 000
Financial Costs	31 000	32 000	33 000	37 000
Financial Balance	−16 000	−32 000	−30 000	−32 000
Earnings Before Tax	−80 000	233 000	69 000	−6 000
Tax	−18 000	52 000	18 000	−1 000
Net Income	−63 000	181 000	51 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	126 000	162 000	164 000
Total Current Assets	2 149 000	2 125 000	1 466 000	1 362 000
Total Assets	2 284 000	2 250 000	1 628 000	1 525 000
Total Retained Equity	811 000	873 000	692 000	642 000
Total Equity	1 011 000	1 073 000	892 000	842 000
Total Long-Term Debt	0	0	25 000	74 000
Total Current Debt	1 273 000	1 177 000	711 000	610 000
Total Equity and Debt	2 284 000	2 250 000	1 628 000	1 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 192 000	7 912 000	6 765 000	5 562 000
Other Income	−3 000	−1 000	174 000	0
Revenue	7 189 000	7 911 000	6 940 000	5 562 000
Cost of Goods Sold	4 733 000	5 229 000	4 501 000	3 642 000
Salary Costs	1 965 000	1 746 000	1 829 000	1 275 000
Depreciation	9 000	30 000	45 000	43 000
Impairment	0	0	0	0
Expenditure	7 253 000	7 646 000	6 840 000	5 536 000
Operating Profit	−64 000	265 000	99 000	26 000
Financial Income	15 000	0	3 000	5 000
Financial Costs	31 000	32 000	33 000	37 000
Financial Balance	−16 000	−32 000	−30 000	−32 000
Dividends	0	0	0	0
Net Income	−63 000	181 000	51 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	106 000	89 000	95 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	24 000	30 000	0
Fixtures	10 000	13 000	37 000	64 000
Total Tangible Assets	28 000	37 000	67 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	126 000	162 000	164 000
Stock	1 135 000	1 078 000	968 000	838 000
Total Investments	0	0	0	0
Cash, Bank	183 000	123 000	102 000	26 000
Total Current Assets	2 149 000	2 125 000	1 466 000	1 362 000
Total Assets	2 284 000	2 250 000	1 628 000	1 525 000
Total Equity	1 011 000	1 073 000	892 000	842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	25 000	74 000
Creditors	170 000	552 000	154 000	175 000
Unpaid Taxes	313 000	223 000	152 000	147 000
Dividends	0	0	0	0
Other Current Debt	748 000	356 000	239 000	197 000
Total Current Debt	1 273 000	1 177 000	711 000	610 000
Total Equity and Debt	2 284 000	2 250 000	1 628 000	1 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,23 %	16,87 %	5,72 %	−0,59 %
Debt-to-Equity Ratio	0	0	0,03	0,09
Operating Profit Margin	−0,89 %	3,35 %	1,43 %	0,47 %
Current Ratio	1,69	1,81	2,06	2,23
Quick Ratio	15,57	21,46	−5,7	−5,97
Equity Ratio	0,44	0,48	0,55	0,55
Gross Profit Margin	34,16 %	33,9 %	35,14 %	34,52 %