IKM PROMECH AS

4050 SOLA

Finances

Return on Equity

91,27 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 675 000	38 292 000	27 999 000	16 057 000
Net Income	3 106 000	4 759 000	3 054 000	141 000
Total Assets	46 071 000	23 054 000	13 742 000	8 509 000
Total Equity	3 403 000	12 297 000	1 039 000	1 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 675 000	38 292 000	27 999 000	16 057 000
Expenditure	58 147 000	32 081 000	23 930 000	15 915 000
Operating Profit	5 528 000	6 211 000	4 068 000	142 000
Financial Income	347 000	242 000	280 000	162 000
Financial Costs	190 000	324 000	416 000	99 000
Financial Balance	157 000	−82 000	−136 000	63 000
Earnings Before Tax	5 685 000	6 129 000	3 931 000	206 000
Tax	2 579 000	1 371 000	878 000	64 000
Net Income	3 106 000	4 759 000	3 054 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 568 000	10 551 000	383 000	485 000
Total Current Assets	35 502 000	12 502 000	13 359 000	8 024 000
Total Assets	46 071 000	23 054 000	13 742 000	8 509 000
Total Retained Equity	0	5 697 000	939 000	939 000
Total Equity	3 403 000	12 297 000	1 039 000	1 039 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 667 000	10 756 000	12 703 000	7 471 000
Total Equity and Debt	46 071 000	23 054 000	13 742 000	8 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 675 000	38 292 000	27 999 000	16 057 000
Other Income	0	0	0	0
Revenue	63 675 000	38 292 000	27 999 000	16 057 000
Cost of Goods Sold	40 529 000	24 051 000	19 326 000	11 222 000
Salary Costs	7 403 000	5 521 000	2 892 000	2 984 000
Depreciation	163 000	216 000	204 000	250 000
Impairment	0	0	0	0
Expenditure	58 147 000	32 081 000	23 930 000	15 915 000
Operating Profit	5 528 000	6 211 000	4 068 000	142 000
Financial Income	347 000	242 000	280 000	162 000
Financial Costs	190 000	324 000	416 000	99 000
Financial Balance	157 000	−82 000	−136 000	63 000
Dividends	12 000 000	0	3 054 000	2 400 000
Net Income	3 106 000	4 759 000	3 054 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	165 000	165 000	297 000	316 000
Fixtures	50 000	33 000	86 000	169 000
Total Tangible Assets	215 000	198 000	383 000	485 000
Total Fiancial Fixed Assets	10 353 000	10 353 000	0	0
Total Fixed Assets	10 568 000	10 551 000	383 000	485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 207 000	8 420 000	3 856 000	1 153 000
Total Current Assets	35 502 000	12 502 000	13 359 000	8 024 000
Total Assets	46 071 000	23 054 000	13 742 000	8 509 000
Total Equity	3 403 000	12 297 000	1 039 000	1 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 603 000	1 162 000	7 594 000	4 372 000
Unpaid Taxes	623 000	435 000	663 000	203 000
Dividends	12 000 000	0	3 054 000	2 400 000
Other Current Debt	12 863 000	7 789 000	515 000	427 000
Total Current Debt	42 667 000	10 756 000	12 703 000	7 471 000
Total Equity and Debt	46 071 000	23 054 000	13 742 000	8 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,27 %	38,7 %	293,94 %	13,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,68 %	16,22 %	14,53 %	0,88 %
Current Ratio	0,83	1,16	1,05	1,07
Quick Ratio	0,83	1,16	1,05	1,07
Equity Ratio	0,07	0,53	0,08	0,12
Gross Profit Margin	36,35 %	37,19 %	30,98 %	30,11 %