IV GROUP AS

7120 LEKSVIK

Finances

Return on Equity

6,15 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	515 655 000	508 961 000	275 724 000	288 432 000
Net Income	13 077 000	3 462 000	11 340 000	35 067 000
Total Assets	422 353 000	409 921 000	440 532 000	268 691 000
Total Equity	212 553 000	194 268 000	186 297 000	172 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	515 655 000	508 961 000	275 724 000	288 432 000
Expenditure	498 362 000	489 786 000	250 488 000	243 886 000
Operating Profit	17 293 000	19 175 000	25 236 000	44 546 000
Financial Income	4 776 000	1 277 000	1 610 000	1 465 000
Financial Costs	4 035 000	5 012 000	5 900 000	1 119 000
Financial Balance	741 000	−3 735 000	−4 290 000	346 000
Earnings Before Tax	18 034 000	15 440 000	20 946 000	44 892 000
Tax	4 957 000	11 978 000	9 606 000	9 825 000
Net Income	13 077 000	3 462 000	11 340 000	35 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 719 000	172 367 000	187 433 000	76 110 000
Total Current Assets	265 634 000	237 554 000	253 099 000	192 581 000
Total Assets	422 353 000	409 921 000	440 532 000	268 691 000
Total Retained Equity	186 899 000	168 566 000	167 584 000	147 323 000
Total Equity	212 553 000	194 268 000	186 297 000	172 443 000
Total Long-Term Debt	60 175 000	68 521 000	124 426 000	17 158 000
Total Current Debt	149 625 000	147 132 000	129 808 000	79 090 000
Total Equity and Debt	422 353 000	409 921 000	440 531 000	268 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	514 104 000	506 438 000	274 177 000	287 300 000
Other Income	1 551 000	2 523 000	1 547 000	1 132 000
Revenue	515 655 000	508 961 000	275 724 000	288 432 000
Cost of Goods Sold	263 981 000	267 534 000	125 815 000	131 229 000
Salary Costs	128 377 000	115 376 000	67 720 000	72 024 000
Depreciation	30 505 000	29 362 000	13 527 000	7 833 000
Impairment	175 000	0	0	395 000
Expenditure	498 362 000	489 786 000	250 488 000	243 886 000
Operating Profit	17 293 000	19 175 000	25 236 000	44 546 000
Financial Income	4 776 000	1 277 000	1 610 000	1 465 000
Financial Costs	4 035 000	5 012 000	5 900 000	1 119 000
Financial Balance	741 000	−3 735 000	−4 290 000	346 000
Dividends	0	0	0	0
Net Income	13 077 000	3 462 000	11 340 000	35 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	38 762 000	0	0	0
Total Intangible Assets	47 629 000	62 359 000	105 622 000	9 903 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	86 231 000	95 589 000	74 238 000	61 502 000
Fixtures	20 505 000	10 793 000	3 767 000	4 026 000
Total Tangible Assets	106 736 000	106 382 000	78 005 000	65 528 000
Total Fiancial Fixed Assets	2 354 000	3 626 000	3 806 000	679 000
Total Fixed Assets	156 719 000	172 367 000	187 433 000	76 110 000
Stock	108 191 000	120 030 000	102 870 000	54 223 000
Total Investments	0	0	0	0
Cash, Bank	62 924 000	39 552 000	68 821 000	97 737 000
Total Current Assets	265 634 000	237 554 000	253 099 000	192 581 000
Total Assets	422 353 000	409 921 000	440 532 000	268 691 000
Total Equity	212 553 000	194 268 000	186 297 000	172 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 175 000	68 521 000	124 426 000	17 158 000
Creditors	60 417 000	67 067 000	60 209 000	33 660 000
Unpaid Taxes	29 741 000	7 102 000	4 831 000	3 382 000
Dividends	0	0	0	0
Other Current Debt	32 160 000	57 432 000	56 939 000	41 914 000
Total Current Debt	149 625 000	147 132 000	129 808 000	79 090 000
Total Equity and Debt	422 353 000	409 921 000	440 531 000	268 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,15 %	1,78 %	6,09 %	20,34 %
Debt-to-Equity Ratio	0,28	0,35	0,67	0,1
Operating Profit Margin	3,35 %	3,77 %	9,15 %	15,44 %
Current Ratio	1,78	1,61	1,95	2,43
Quick Ratio	6,41	8,77	9,4	7,74
Equity Ratio	0,5	0,47	0,42	0,64
Gross Profit Margin	48,81 %	47,44 %	54,37 %	54,5 %