INSELO LOGISTIKK AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

11,08 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 233 000	70 224 000	60 466 000	65 367 000
Net Income	806 000	3 154 000	1 541 000	365 000
Total Assets	19 751 000	21 001 000	18 711 000	14 691 000
Total Equity	7 274 000	6 733 000	3 661 000	2 121 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 233 000	70 224 000	60 466 000	65 367 000
Expenditure	64 244 000	66 581 000	58 886 000	65 012 000
Operating Profit	990 000	3 644 000	1 580 000	356 000
Financial Income	93 000	25 000	10 000	30 000
Financial Costs	34 000	33 000	49 000	21 000
Financial Balance	59 000	−8 000	−39 000	9 000
Earnings Before Tax	1 048 000	3 635 000	1 541 000	365 000
Tax	242 000	481 000	0	0
Net Income	806 000	3 154 000	1 541 000	365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	124 000	217 000	75 000
Total Current Assets	19 614 000	20 876 000	18 494 000	14 616 000
Total Assets	19 751 000	21 001 000	18 711 000	14 691 000
Total Retained Equity	6 772 000	6 231 000	3 160 000	1 619 000
Total Equity	7 274 000	6 733 000	3 661 000	2 121 000
Total Long-Term Debt	0	262 000	2 000 000	0
Total Current Debt	12 476 000	14 006 000	13 050 000	12 570 000
Total Equity and Debt	19 751 000	21 001 000	18 711 000	14 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 233 000	70 224 000	60 466 000	65 252 000
Other Income	0	0	0	115 000
Revenue	65 233 000	70 224 000	60 466 000	65 367 000
Cost of Goods Sold	23 569 000	25 760 000	23 320 000	30 548 000
Salary Costs	20 084 000	25 777 000	21 696 000	21 107 000
Depreciation	35 000	93 000	59 000	42 000
Impairment	0	0	0	0
Expenditure	64 244 000	66 581 000	58 886 000	65 012 000
Operating Profit	990 000	3 644 000	1 580 000	356 000
Financial Income	93 000	25 000	10 000	30 000
Financial Costs	34 000	33 000	49 000	21 000
Financial Balance	59 000	−8 000	−39 000	9 000
Dividends	0	0	0	0
Net Income	806 000	3 154 000	1 541 000	365 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	89 000	124 000	217 000	75 000
Total Tangible Assets	89 000	124 000	217 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 000	124 000	217 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	707 000	1 017 000	2 805 000	823 000
Total Current Assets	19 614 000	20 876 000	18 494 000	14 616 000
Total Assets	19 751 000	21 001 000	18 711 000	14 691 000
Total Equity	7 274 000	6 733 000	3 661 000	2 121 000
Short-Term Group Debt	339 000	130 000	2 028 000	2 186 000
Total Long-Term Debt	0	262 000	2 000 000	0
Creditors	6 145 000	6 249 000	4 234 000	4 093 000
Unpaid Taxes	2 629 000	3 267 000	2 894 000	2 467 000
Dividends	0	0	0	0
Other Current Debt	2 887 000	4 163 000	3 894 000	3 825 000
Total Current Debt	12 476 000	14 006 000	13 050 000	12 570 000
Total Equity and Debt	19 751 000	21 001 000	18 711 000	14 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,08 %	46,84 %	42,09 %	17,21 %
Debt-to-Equity Ratio	0	0,04	0,55	0
Operating Profit Margin	1,52 %	5,19 %	2,61 %	0,54 %
Current Ratio	1,57	1,49	1,42	1,16
Quick Ratio	1,57	1,49	1,42	1,16
Equity Ratio	0,37	0,32	0,2	0,14
Gross Profit Margin	63,87 %	63,32 %	61,43 %	53,27 %