ION-NORWAY AS

1363 HØVIK

Finances

Return on Equity

3,04 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 000	912 000	1 824 000	2 036 000
Net Income	8 000	350 000	347 000	406 000
Total Assets	413 000	603 000	1 057 000	982 000
Total Equity	263 000	255 000	305 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 000	912 000	1 824 000	2 036 000
Expenditure	433 000	500 000	1 456 000	1 877 000
Operating Profit	−120 000	412 000	368 000	159 000
Financial Income	129 000	29 000	58 000	290 000
Financial Costs	0	0	0	1 000
Financial Balance	129 000	29 000	58 000	289 000
Earnings Before Tax	8 000	441 000	426 000	449 000
Tax	0	91 000	80 000	43 000
Net Income	8 000	350 000	347 000	406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	116 000	116 000	127 000
Total Current Assets	293 000	488 000	941 000	855 000
Total Assets	413 000	603 000	1 057 000	982 000
Total Retained Equity	233 000	225 000	275 000	178 000
Total Equity	263 000	255 000	305 000	208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	150 000	348 000	752 000	774 000
Total Equity and Debt	413 000	603 000	1 057 000	982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	912 000	1 824 000	2 036 000
Other Income	0	0	0	0
Revenue	314 000	912 000	1 824 000	2 036 000
Cost of Goods Sold	0	0	0	0
Salary Costs	319 000	400 000	1 345 000	1 700 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	433 000	500 000	1 456 000	1 877 000
Operating Profit	−120 000	412 000	368 000	159 000
Financial Income	129 000	29 000	58 000	290 000
Financial Costs	0	0	0	1 000
Financial Balance	129 000	29 000	58 000	289 000
Dividends	0	0	250 000	300 000
Net Income	8 000	350 000	347 000	406 000

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	120 000	116 000	116 000	127 000
Total Fixed Assets	120 000	116 000	116 000	127 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	488 000	876 000	602 000
Total Current Assets	293 000	488 000	941 000	855 000
Total Assets	413 000	603 000	1 057 000	982 000
Total Equity	263 000	255 000	305 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	0	0
Unpaid Taxes	55 000	182 000	264 000	232 000
Dividends	0	0	250 000	300 000
Other Current Debt	91 000	76 000	158 000	199 000
Total Current Debt	150 000	348 000	752 000	774 000
Total Equity and Debt	413 000	603 000	1 057 000	982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,04 %	137,25 %	113,77 %	195,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−38,22 %	45,18 %	20,18 %	7,81 %
Current Ratio	1,95	1,4	1,25	1,1
Quick Ratio	1,95	1,4	1,25	1,1
Equity Ratio	0,64	0,42	0,29	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %