IDVAS EIENDOM AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

11,46 %

Current Ratio

0,47

Debt-to-Equity Ratio

3,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Net Income	88 000	123 000	121 000	91 000
Total Assets	3 750 000	3 780 000	3 891 000	4 001 000
Total Equity	768 000	679 000	556 000	435 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Expenditure	140 000	135 000	115 000	118 000
Operating Profit	220 000	225 000	245 000	242 000
Financial Income	0	0	0	0
Financial Costs	106 000	67 000	90 000	125 000
Financial Balance	−106 000	−67 000	−90 000	−125 000
Earnings Before Tax	113 000	158 000	155 000	117 000
Tax	25 000	35 000	34 000	26 000
Net Income	88 000	123 000	121 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 679 000	3 768 000	3 858 000	3 948 000
Total Current Assets	70 000	12 000	33 000	53 000
Total Assets	3 750 000	3 780 000	3 891 000	4 001 000
Total Retained Equity	738 000	649 000	526 000	405 000
Total Equity	768 000	679 000	556 000	435 000
Total Long-Term Debt	2 833 000	2 966 000	3 201 000	3 433 000
Total Current Debt	149 000	134 000	134 000	133 000
Total Equity and Debt	3 750 000	3 780 000	3 891 000	4 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	360 000	360 000
Revenue	360 000	360 000	360 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	90 000	90 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	140 000	135 000	115 000	118 000
Operating Profit	220 000	225 000	245 000	242 000
Financial Income	0	0	0	0
Financial Costs	106 000	67 000	90 000	125 000
Financial Balance	−106 000	−67 000	−90 000	−125 000
Dividends	0	0	0	0
Net Income	88 000	123 000	121 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	3 677 000	3 768 000	3 858 000	3 948 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 677 000	3 768 000	3 858 000	3 948 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 679 000	3 768 000	3 858 000	3 948 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	12 000	33 000	53 000
Total Current Assets	70 000	12 000	33 000	53 000
Total Assets	3 750 000	3 780 000	3 891 000	4 001 000
Total Equity	768 000	679 000	556 000	435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 833 000	2 966 000	3 201 000	3 433 000
Creditors	16 000	0	0	0
Unpaid Taxes	86 000	86 000	87 000	87 000
Dividends	0	0	0	0
Other Current Debt	20 000	11 000	10 000	18 000
Total Current Debt	149 000	134 000	134 000	133 000
Total Equity and Debt	3 750 000	3 780 000	3 891 000	4 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,46 %	18,11 %	21,76 %	20,92 %
Debt-to-Equity Ratio	3,69	4,37	5,76	7,89
Operating Profit Margin	61,11 %	62,5 %	68,06 %	67,22 %
Current Ratio	0,47	0,09	0,25	0,4
Quick Ratio	0,47	0,09	0,25	0,4
Equity Ratio	0,2	0,18	0,14	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %