IV PRODUKT AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

36,81 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	236 176 000	171 724 000	161 080 000	119 874 000
Net Income	5 575 000	4 034 000	4 123 000	807 000
Total Assets	65 067 000	27 700 000	36 534 000	27 633 000
Total Equity	15 146 000	9 571 000	5 537 000	1 413 000

Income (NOK)	2022	2021	2020	2019
Revenue	236 176 000	171 724 000	161 080 000	119 874 000
Expenditure	229 077 000	166 498 000	155 740 000	118 841 000
Operating Profit	7 098 000	5 226 000	5 339 000	1 034 000
Financial Income	111 000	9 000	6 000	75 000
Financial Costs	9 000	38 000	44 000	42 000
Financial Balance	102 000	−29 000	−38 000	33 000
Earnings Before Tax	7 199 000	5 197 000	5 301 000	1 067 000
Tax	1 625 000	1 163 000	1 178 000	259 000
Net Income	5 575 000	4 034 000	4 123 000	807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	742 000	571 000	764 000	980 000
Total Current Assets	64 325 000	27 129 000	35 770 000	26 653 000
Total Assets	65 067 000	27 700 000	36 534 000	27 633 000
Total Retained Equity	15 046 000	9 471 000	5 437 000	1 313 000
Total Equity	15 146 000	9 571 000	5 537 000	1 413 000
Total Long-Term Debt	0	0	2 600 000	2 600 000
Total Current Debt	49 921 000	18 128 000	28 397 000	23 620 000
Total Equity and Debt	65 067 000	27 700 000	36 534 000	27 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 632 000	171 237 000	160 080 000	118 168 000
Other Income	544 000	487 000	1 000 000	1 706 000
Revenue	236 176 000	171 724 000	161 080 000	119 874 000
Cost of Goods Sold	211 349 000	153 442 000	144 206 000	108 565 000
Salary Costs	13 549 000	10 103 000	8 962 000	7 964 000
Depreciation	230 000	209 000	222 000	127 000
Impairment	0	0	0	0
Expenditure	229 077 000	166 498 000	155 740 000	118 841 000
Operating Profit	7 098 000	5 226 000	5 339 000	1 034 000
Financial Income	111 000	9 000	6 000	75 000
Financial Costs	9 000	38 000	44 000	42 000
Financial Balance	102 000	−29 000	−38 000	33 000
Dividends	0	0	0	0
Net Income	5 575 000	4 034 000	4 123 000	807 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	148 000	108 000	92 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	560 000	428 000	638 000	859 000
Total Tangible Assets	560 000	428 000	638 000	859 000
Total Fiancial Fixed Assets	34 000	34 000	34 000	34 000
Total Fixed Assets	742 000	571 000	764 000	980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 461 000	11 980 000	15 211 000	12 055 000
Total Current Assets	64 325 000	27 129 000	35 770 000	26 653 000
Total Assets	65 067 000	27 700 000	36 534 000	27 633 000
Total Equity	15 146 000	9 571 000	5 537 000	1 413 000
Short-Term Group Debt	0	4 003 000	0	0
Total Long-Term Debt	0	0	2 600 000	2 600 000
Creditors	26 885 000	3 189 000	17 113 000	13 863 000
Unpaid Taxes	16 331 000	9 758 000	7 179 000	5 810 000
Dividends	0	0	0	0
Other Current Debt	5 041 000	0	2 920 000	3 753 000
Total Current Debt	49 921 000	18 128 000	28 397 000	23 620 000
Total Equity and Debt	65 067 000	27 700 000	36 534 000	27 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,81 %	42,15 %	74,46 %	57,11 %
Debt-to-Equity Ratio	0	0	0,47	1,84
Operating Profit Margin	3,01 %	3,04 %	3,31 %	0,86 %
Current Ratio	1,29	1,5	1,26	1,13
Quick Ratio	1,29	1,5	1,26	1,13
Equity Ratio	0,23	0,35	0,15	0,05
Gross Profit Margin	10,51 %	10,65 %	10,48 %	9,43 %