IPS RANGERING AS

1405 LANGHUS

Finances

Return on Equity

15,23 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 840 000	43 532 000	33 224 000	32 427 000
Net Income	1 338 000	3 338 000	1 582 000	745 000
Total Assets	19 905 000	19 878 000	25 053 000	32 880 000
Total Equity	8 786 000	7 449 000	4 110 000	2 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 840 000	43 532 000	33 224 000	32 427 000
Expenditure	38 019 000	39 216 000	31 407 000	31 312 000
Operating Profit	1 821 000	4 317 000	1 818 000	1 116 000
Financial Income	0	0	117 000	0
Financial Costs	109 000	45 000	15 000	81 000
Financial Balance	−109 000	−45 000	102 000	−81 000
Earnings Before Tax	1 712 000	4 272 000	1 920 000	1 034 000
Tax	374 000	934 000	338 000	289 000
Net Income	1 338 000	3 338 000	1 582 000	745 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 780 000	8 768 000	15 715 000	23 380 000
Total Current Assets	11 125 000	11 110 000	9 337 000	9 500 000
Total Assets	19 905 000	19 878 000	25 053 000	32 880 000
Total Retained Equity	7 786 000	6 449 000	3 110 000	1 528 000
Total Equity	8 786 000	7 449 000	4 110 000	2 528 000
Total Long-Term Debt	0	0	2 570 000	12 370 000
Total Current Debt	11 118 000	12 429 000	18 372 000	17 982 000
Total Equity and Debt	19 905 000	19 878 000	25 053 000	32 880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 840 000	43 153 000	32 844 000	32 427 000
Other Income	0	379 000	380 000	0
Revenue	39 840 000	43 532 000	33 224 000	32 427 000
Cost of Goods Sold	21 408 000	25 149 000	20 037 000	23 214 000
Salary Costs	104 000	101 000	20 000	10 000
Depreciation	93 000	0	32 000	410 000
Impairment	0	0	0	0
Expenditure	38 019 000	39 216 000	31 407 000	31 312 000
Operating Profit	1 821 000	4 317 000	1 818 000	1 116 000
Financial Income	0	0	117 000	0
Financial Costs	109 000	45 000	15 000	81 000
Financial Balance	−109 000	−45 000	102 000	−81 000
Dividends	0	0	0	0
Net Income	1 338 000	3 338 000	1 582 000	745 000

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	321 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	321 000	0	0	0
Total Fiancial Fixed Assets	8 459 000	8 768 000	15 715 000	23 380 000
Total Fixed Assets	8 780 000	8 768 000	15 715 000	23 380 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 867 000	1 598 000	194 000	778 000
Total Current Assets	11 125 000	11 110 000	9 337 000	9 500 000
Total Assets	19 905 000	19 878 000	25 053 000	32 880 000
Total Equity	8 786 000	7 449 000	4 110 000	2 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 570 000	12 370 000
Creditors	10 298 000	10 826 000	13 805 000	12 144 000
Unpaid Taxes	291 000	439 000	470 000	879 000
Dividends	0	0	0	0
Other Current Debt	156 000	230 000	3 759 000	4 670 000
Total Current Debt	11 118 000	12 429 000	18 372 000	17 982 000
Total Equity and Debt	19 905 000	19 878 000	25 053 000	32 880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,23 %	44,81 %	38,49 %	29,47 %
Debt-to-Equity Ratio	0	0	0,63	4,89
Operating Profit Margin	4,57 %	9,92 %	5,47 %	3,44 %
Current Ratio	1	0,89	0,51	0,53
Quick Ratio	1	0,89	0,51	0,53
Equity Ratio	0,44	0,37	0,16	0,08
Gross Profit Margin	46,27 %	42,23 %	39,69 %	28,41 %