IKM INSTRUTEK AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

20,87 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 766 000	172 550 000	176 349 000	197 773 000
Net Income	5 626 000	6 575 000	8 698 000	8 918 000
Total Assets	60 350 000	51 576 000	62 117 000	71 285 000
Total Equity	26 963 000	21 337 000	18 762 000	20 063 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 766 000	172 550 000	176 349 000	197 773 000
Expenditure	170 728 000	163 545 000	164 446 000	186 522 000
Operating Profit	7 038 000	9 006 000	11 904 000	11 251 000
Financial Income	2 790 000	1 366 000	1 420 000	1 093 000
Financial Costs	2 472 000	1 719 000	2 147 000	826 000
Financial Balance	318 000	−353 000	−727 000	267 000
Earnings Before Tax	7 356 000	8 653 000	11 177 000	11 518 000
Tax	1 730 000	2 078 000	2 479 000	2 600 000
Net Income	5 626 000	6 575 000	8 698 000	8 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 096 000	5 409 000	4 197 000	4 635 000
Total Current Assets	55 254 000	46 167 000	57 920 000	66 650 000
Total Assets	60 350 000	51 576 000	62 117 000	71 285 000
Total Retained Equity	0	−20 077 000	−16 866 000	−7 523 000
Total Equity	26 963 000	21 337 000	18 762 000	20 063 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 388 000	30 240 000	43 356 000	51 222 000
Total Equity and Debt	60 350 000	51 576 000	62 117 000	71 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 428 000	172 319 000	176 304 000	197 323 000
Other Income	338 000	231 000	45 000	449 000
Revenue	177 766 000	172 550 000	176 349 000	197 773 000
Cost of Goods Sold	117 299 000	114 507 000	117 022 000	131 494 000
Salary Costs	38 656 000	37 191 000	35 034 000	39 814 000
Depreciation	1 397 000	924 000	690 000	682 000
Impairment	0	0	0	0
Expenditure	170 728 000	163 545 000	164 446 000	186 522 000
Operating Profit	7 038 000	9 006 000	11 904 000	11 251 000
Financial Income	2 790 000	1 366 000	1 420 000	1 093 000
Financial Costs	2 472 000	1 719 000	2 147 000	826 000
Financial Balance	318 000	−353 000	−727 000	267 000
Dividends	0	0	0	0
Net Income	5 626 000	6 575 000	8 698 000	8 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 154 000	1 632 000	2 110 000	2 587 000
Total Intangible Assets	2 119 000	2 799 000	3 794 000	4 317 000
Real Eastate	77 000	110 000	62 000	81 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 901 000	2 501 000	341 000	237 000
Total Tangible Assets	2 978 000	2 611 000	403 000	318 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 096 000	5 409 000	4 197 000	4 635 000
Stock	10 829 000	8 208 000	6 691 000	9 397 000
Total Investments	0	0	0	0
Cash, Bank	27 000	28 000	828 000	3 115 000
Total Current Assets	55 254 000	46 167 000	57 920 000	66 650 000
Total Assets	60 350 000	51 576 000	62 117 000	71 285 000
Total Equity	26 963 000	21 337 000	18 762 000	20 063 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 945 000	10 035 000	13 152 000	19 158 000
Unpaid Taxes	4 709 000	3 588 000	3 594 000	3 493 000
Dividends	0	0	0	0
Other Current Debt	6 782 000	16 617 000	26 610 000	28 570 000
Total Current Debt	33 388 000	30 240 000	43 356 000	51 222 000
Total Equity and Debt	60 350 000	51 576 000	62 117 000	71 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,87 %	30,82 %	46,36 %	44,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,96 %	5,22 %	6,75 %	5,69 %
Current Ratio	1,65	1,53	1,34	1,3
Quick Ratio	2,45	2,1	1,58	1,59
Equity Ratio	0,45	0,41	0,3	0,28
Gross Profit Margin	34,01 %	33,64 %	33,64 %	33,51 %