IPG INTELLIGENT PACKAGING GROUP AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

−2 478,57 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 254 000	6 548 000	4 569 000	17 829 000
Net Income	−694 000	92 000	−774 000	580 000
Total Assets	1 453 000	1 642 000	1 316 000	2 496 000
Total Equity	28 000	721 000	630 000	1 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 254 000	6 548 000	4 569 000	17 829 000
Expenditure	2 923 000	6 383 000	5 418 000	16 960 000
Operating Profit	−668 000	165 000	−849 000	869 000
Financial Income	12 000	19 000	233 000	739 000
Financial Costs	37 000	92 000	157 000	832 000
Financial Balance	−25 000	−73 000	76 000	−93 000
Earnings Before Tax	−694 000	92 000	−774 000	776 000
Tax	0	0	0	195 000
Net Income	−694 000	92 000	−774 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	921 000	1 125 000	41 000	249 000
Total Current Assets	533 000	517 000	1 276 000	2 247 000
Total Assets	1 453 000	1 642 000	1 316 000	2 496 000
Total Retained Equity	−672 000	21 000	−70 000	703 000
Total Equity	28 000	721 000	630 000	1 403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 426 000	920 000	687 000	1 092 000
Total Equity and Debt	1 453 000	1 642 000	1 316 000	2 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 254 000	6 548 000	4 569 000	17 829 000
Other Income	0	0	0	0
Revenue	2 254 000	6 548 000	4 569 000	17 829 000
Cost of Goods Sold	1 354 000	5 185 000	3 711 000	14 455 000
Salary Costs	833 000	286 000	591 000	1 011 000
Depreciation	205 000	143 000	208 000	212 000
Impairment	0	0	0	0
Expenditure	2 923 000	6 383 000	5 418 000	16 960 000
Operating Profit	−668 000	165 000	−849 000	869 000
Financial Income	12 000	19 000	233 000	739 000
Financial Costs	37 000	92 000	157 000	832 000
Financial Balance	−25 000	−73 000	76 000	−93 000
Dividends	0	0	0	0
Net Income	−694 000	92 000	−774 000	580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	41 000	249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	921 000	1 125 000	0	0
Total Tangible Assets	921 000	1 125 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	921 000	1 125 000	41 000	249 000
Stock	52 000	59 000	396 000	475 000
Total Investments	0	0	0	0
Cash, Bank	155 000	446 000	835 000	74 000
Total Current Assets	533 000	517 000	1 276 000	2 247 000
Total Assets	1 453 000	1 642 000	1 316 000	2 496 000
Total Equity	28 000	721 000	630 000	1 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 141 000	830 000	21 000	625 000
Unpaid Taxes	156 000	59 000	614 000	196 000
Dividends	0	0	0	0
Other Current Debt	129 000	32 000	51 000	74 000
Total Current Debt	1 426 000	920 000	687 000	1 092 000
Total Equity and Debt	1 453 000	1 642 000	1 316 000	2 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 478,57 %	12,76 %	−122,86 %	41,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−29,64 %	2,52 %	−18,58 %	4,87 %
Current Ratio	0,37	0,56	1,86	2,06
Quick Ratio	0,39	0,6	4,38	3,64
Equity Ratio	0,02	0,44	0,48	0,56
Gross Profit Margin	39,93 %	20,82 %	18,78 %	18,92 %