IVAR HOLTE AS

2019 SKEDSMOKORSET

Finances

Return on Equity

3,9 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 384 000	25 211 000	29 723 000	25 844 000
Net Income	157 000	556 000	1 901 000	−186 000
Total Assets	7 426 000	7 203 000	7 503 000	5 606 000
Total Equity	4 030 000	4 073 000	3 617 000	2 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 384 000	25 211 000	29 723 000	25 844 000
Expenditure	26 046 000	24 421 000	27 282 000	25 941 000
Operating Profit	339 000	790 000	2 441 000	−97 000
Financial Income	−164 000	57 000	260 000	31 000
Financial Costs	−31 000	133 000	261 000	171 000
Financial Balance	−133 000	−76 000	−1 000	−140 000
Earnings Before Tax	206 000	713 000	2 441 000	−237 000
Tax	48 000	157 000	540 000	−51 000
Net Income	157 000	556 000	1 901 000	−186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	346 000	306 000	288 000	557 000
Total Current Assets	7 080 000	6 897 000	7 214 000	5 049 000
Total Assets	7 426 000	7 203 000	7 503 000	5 606 000
Total Retained Equity	3 930 000	3 973 000	3 517 000	2 616 000
Total Equity	4 030 000	4 073 000	3 617 000	2 716 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 396 000	3 131 000	3 886 000	2 890 000
Total Equity and Debt	7 426 000	7 203 000	7 503 000	5 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 384 000	25 196 000	29 700 000	25 829 000
Other Income	0	16 000	23 000	15 000
Revenue	26 384 000	25 211 000	29 723 000	25 844 000
Cost of Goods Sold	16 994 000	16 185 000	18 785 000	16 761 000
Salary Costs	2 967 000	3 236 000	3 376 000	4 025 000
Depreciation	0	0	10 000	187 000
Impairment	0	0	0	0
Expenditure	26 046 000	24 421 000	27 282 000	25 941 000
Operating Profit	339 000	790 000	2 441 000	−97 000
Financial Income	−164 000	57 000	260 000	31 000
Financial Costs	−31 000	133 000	261 000	171 000
Financial Balance	−133 000	−76 000	−1 000	−140 000
Dividends	200 000	100 000	838 000	0
Net Income	157 000	556 000	1 901 000	−186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	342 000	302 000	284 000	449 000
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	4 000	4 000	4 000	108 000
Total Fixed Assets	346 000	306 000	288 000	557 000
Stock	4 265 000	3 903 000	3 149 000	3 102 000
Total Investments	0	0	0	0
Cash, Bank	1 202 000	167 000	2 505 000	201 000
Total Current Assets	7 080 000	6 897 000	7 214 000	5 049 000
Total Assets	7 426 000	7 203 000	7 503 000	5 606 000
Total Equity	4 030 000	4 073 000	3 617 000	2 716 000
Short-Term Group Debt	76 000	85 000	95 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 464 000	1 333 000	1 022 000	1 365 000
Unpaid Taxes	990 000	1 040 000	1 019 000	1 128 000
Dividends	200 000	100 000	838 000	0
Other Current Debt	578 000	398 000	583 000	397 000
Total Current Debt	3 396 000	3 131 000	3 886 000	2 890 000
Total Equity and Debt	7 426 000	7 203 000	7 503 000	5 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,9 %	13,65 %	52,56 %	−6,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,28 %	3,13 %	8,21 %	−0,38 %
Current Ratio	2,08	2,2	1,86	1,75
Quick Ratio	−8,15	−8,93	9,79	−23,82
Equity Ratio	0,54	0,57	0,48	0,48
Gross Profit Margin	35,59 %	35,8 %	36,8 %	35,15 %