ISBREEN THE GLACIER AS

9163 JØKELFJORD

Finances

Return on Equity

16,04 %

Current Ratio

0,52

Debt-to-Equity Ratio

−2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 236 000	1 407 000	697 000	95 000
Net Income	−178 000	−464 000	46 000	−146 000
Total Assets	1 841 000	1 839 000	1 823 000	1 604 000
Total Equity	−1 110 000	−932 000	−467 000	−513 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 236 000	1 407 000	697 000	95 000
Expenditure	2 408 000	1 866 000	645 000	237 000
Operating Profit	−173 000	−458 000	51 000	−142 000
Financial Income	4 000	0	0	0
Financial Costs	10 000	6 000	6 000	5 000
Financial Balance	−6 000	−6 000	−6 000	−5 000
Earnings Before Tax	−178 000	−464 000	46 000	−146 000
Tax	0	0	0	0
Net Income	−178 000	−464 000	46 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 561 000	1 656 000	1 559 000	1 502 000
Total Current Assets	280 000	183 000	264 000	102 000
Total Assets	1 841 000	1 839 000	1 823 000	1 604 000
Total Retained Equity	−1 140 000	−962 000	−497 000	−543 000
Total Equity	−1 110 000	−932 000	−467 000	−513 000
Total Long-Term Debt	2 409 000	2 305 000	2 155 000	2 136 000
Total Current Debt	542 000	466 000	136 000	−19 000
Total Equity and Debt	1 841 000	1 839 000	1 823 000	1 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 016 000	961 000	497 000	95 000
Other Income	220 000	447 000	200 000	0
Revenue	2 236 000	1 407 000	697 000	95 000
Cost of Goods Sold	479 000	188 000	97 000	9 000
Salary Costs	985 000	623 000	95 000	0
Depreciation	11 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	2 408 000	1 866 000	645 000	237 000
Operating Profit	−173 000	−458 000	51 000	−142 000
Financial Income	4 000	0	0	0
Financial Costs	10 000	6 000	6 000	5 000
Financial Balance	−6 000	−6 000	−6 000	−5 000
Dividends	0	0	0	0
Net Income	−178 000	−464 000	46 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 196 000	1 196 000	1 196 000	1 196 000
Machinery and Plant Facilities	41 000	46 000	0	0
Fixtures	14 000	0	0	0
Total Tangible Assets	1 251 000	1 243 000	1 196 000	1 196 000
Total Fiancial Fixed Assets	309 000	413 000	362 000	305 000
Total Fixed Assets	1 561 000	1 656 000	1 559 000	1 502 000
Stock	13 000	14 000	14 000	14 000
Total Investments	0	0	0	0
Cash, Bank	104 000	47 000	200 000	0
Total Current Assets	280 000	183 000	264 000	102 000
Total Assets	1 841 000	1 839 000	1 823 000	1 604 000
Total Equity	−1 110 000	−932 000	−467 000	−513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 409 000	2 305 000	2 155 000	2 136 000
Creditors	115 000	176 000	100 000	14 000
Unpaid Taxes	83 000	23 000	1 000	−25 000
Dividends	0	0	0	0
Other Current Debt	343 000	266 000	35 000	−8 000
Total Current Debt	542 000	466 000	136 000	−19 000
Total Equity and Debt	1 841 000	1 839 000	1 823 000	1 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,04 %	49,79 %	−9,85 %	28,46 %
Debt-to-Equity Ratio	−2,17	−2,47	−4,61	−4,16
Operating Profit Margin	−7,74 %	−32,55 %	7,32 %	−149,47 %
Current Ratio	0,52	0,39	1,94	−5,37
Quick Ratio	0,53	0,4	2,16	−3,09
Equity Ratio	−0,6	−0,51	−0,26	−0,32
Gross Profit Margin	78,58 %	86,64 %	86,08 %	90,53 %