INTEGRATE RENEWABLES AS

4034 STAVANGER

Finances

Return on Equity

−8,92 %

Current Ratio

1,52

Debt-to-Equity Ratio

−1,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 480 000	8 045 000	5 130 000	13 758 000
Net Income	278 000	−271 000	−3 133 000	−1 641 000
Total Assets	5 506 000	4 061 000	2 436 000	3 102 000
Total Equity	−3 116 000	−3 394 000	−3 522 000	−389 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 480 000	8 045 000	5 130 000	13 758 000
Expenditure	15 807 000	8 108 000	8 047 000	15 293 000
Operating Profit	673 000	−63 000	−2 917 000	−1 535 000
Financial Income	17 000	71 000	12 000	19 000
Financial Costs	411 000	279 000	228 000	125 000
Financial Balance	−394 000	−208 000	−216 000	−106 000
Earnings Before Tax	278 000	−271 000	−3 133 000	−1 641 000
Tax	0	0	0	0
Net Income	278 000	−271 000	−3 133 000	−1 641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 075 000	1 119 000	997 000	318 000
Total Current Assets	4 431 000	2 943 000	1 438 000	2 784 000
Total Assets	5 506 000	4 061 000	2 436 000	3 102 000
Total Retained Equity	−5 258 000	−5 536 000	−5 264 000	−2 131 000
Total Equity	−3 116 000	−3 394 000	−3 522 000	−389 000
Total Long-Term Debt	5 700 000	1 700 000	1 700 000	1 800 000
Total Current Debt	2 921 000	5 755 000	4 258 000	1 691 000
Total Equity and Debt	5 506 000	4 061 000	2 436 000	3 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 480 000	8 045 000	5 130 000	13 758 000
Other Income	0	0	0	0
Revenue	16 480 000	8 045 000	5 130 000	13 758 000
Cost of Goods Sold	8 185 000	3 910 000	3 441 000	9 943 000
Salary Costs	5 372 000	2 794 000	3 391 000	3 926 000
Depreciation	38 000	17 000	37 000	17 000
Impairment	0	0	0	0
Expenditure	15 807 000	8 108 000	8 047 000	15 293 000
Operating Profit	673 000	−63 000	−2 917 000	−1 535 000
Financial Income	17 000	71 000	12 000	19 000
Financial Costs	411 000	279 000	228 000	125 000
Financial Balance	−394 000	−208 000	−216 000	−106 000
Dividends	0	0	0	0
Net Income	278 000	−271 000	−3 133 000	−1 641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	907 000	907 000	763 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	124 000	96 000	28 000	112 000
Total Tangible Assets	124 000	96 000	28 000	112 000
Total Fiancial Fixed Assets	44 000	116 000	206 000	206 000
Total Fixed Assets	1 075 000	1 119 000	997 000	318 000
Stock	1 420 000	737 000	279 000	772 000
Total Investments	0	0	0	0
Cash, Bank	881 000	396 000	118 000	72 000
Total Current Assets	4 431 000	2 943 000	1 438 000	2 784 000
Total Assets	5 506 000	4 061 000	2 436 000	3 102 000
Total Equity	−3 116 000	−3 394 000	−3 522 000	−389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 700 000	1 700 000	1 700 000	1 800 000
Creditors	688 000	325 000	366 000	450 000
Unpaid Taxes	880 000	554 000	471 000	308 000
Dividends	0	0	0	0
Other Current Debt	1 353 000	1 067 000	706 000	932 000
Total Current Debt	2 921 000	5 755 000	4 258 000	1 691 000
Total Equity and Debt	5 506 000	4 061 000	2 436 000	3 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,92 %	7,98 %	88,96 %	421,85 %
Debt-to-Equity Ratio	−1,83	−0,5	−0,48	−4,63
Operating Profit Margin	4,08 %	−0,78 %	−56,86 %	−11,16 %
Current Ratio	1,52	0,51	0,34	1,65
Quick Ratio	2,95	0,59	0,36	3,03
Equity Ratio	−0,57	−0,84	−1,45	−0,13
Gross Profit Margin	50,33 %	51,4 %	32,92 %	27,73 %