IPS SERVICE AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

19,98 %

Current Ratio

2,26

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 926 000	45 223 000	37 453 000	31 136 000
Net Income	3 478 000	4 083 000	2 875 000	2 010 000
Total Assets	58 679 000	24 471 000	23 443 000	28 933 000
Total Equity	17 409 000	13 930 000	9 847 000	6 972 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 926 000	45 223 000	37 453 000	31 136 000
Expenditure	56 455 000	39 853 000	33 422 000	28 350 000
Operating Profit	5 472 000	5 370 000	4 030 000	2 786 000
Financial Income	0	26 000	2 000	0
Financial Costs	1 488 000	79 000	260 000	130 000
Financial Balance	−1 488 000	−53 000	−258 000	−130 000
Earnings Before Tax	3 984 000	5 316 000	3 772 000	2 656 000
Tax	505 000	1 233 000	897 000	646 000
Net Income	3 478 000	4 083 000	2 875 000	2 010 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 194 000	12 432 000	13 335 000	23 609 000
Total Current Assets	21 485 000	12 039 000	10 108 000	5 324 000
Total Assets	58 679 000	24 471 000	23 443 000	28 933 000
Total Retained Equity	17 379 000	13 900 000	9 817 000	6 942 000
Total Equity	17 409 000	13 930 000	9 847 000	6 972 000
Total Long-Term Debt	31 764 000	3 000 000	7 346 000	8 349 000
Total Current Debt	9 506 000	7 541 000	6 250 000	13 612 000
Total Equity and Debt	58 679 000	24 471 000	23 443 000	28 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 690 000	45 223 000	37 453 000	31 135 000
Other Income	237 000	0	0	1 000
Revenue	61 926 000	45 223 000	37 453 000	31 136 000
Cost of Goods Sold	36 620 000	26 943 000	20 802 000	24 432 000
Salary Costs	163 000	137 000	102 000	155 000
Depreciation	1 849 000	1 003 000	871 000	875 000
Impairment	0	0	0	0
Expenditure	56 455 000	39 853 000	33 422 000	28 350 000
Operating Profit	5 472 000	5 370 000	4 030 000	2 786 000
Financial Income	0	26 000	2 000	0
Financial Costs	1 488 000	79 000	260 000	130 000
Financial Balance	−1 488 000	−53 000	−258 000	−130 000
Dividends	0	0	0	0
Net Income	3 478 000	4 083 000	2 875 000	2 010 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 752 000	0	0	0
Machinery and Plant Facilities	0	0	881 000	1 226 000
Fixtures	3 122 000	2 197 000	703 000	873 000
Total Tangible Assets	23 874 000	2 197 000	1 584 000	2 099 000
Total Fiancial Fixed Assets	13 320 000	10 236 000	11 750 000	21 509 000
Total Fixed Assets	37 194 000	12 432 000	13 335 000	23 609 000
Stock	10 727 000	5 627 000	2 786 000	963 000
Total Investments	0	0	0	0
Cash, Bank	2 845 000	632 000	0	0
Total Current Assets	21 485 000	12 039 000	10 108 000	5 324 000
Total Assets	58 679 000	24 471 000	23 443 000	28 933 000
Total Equity	17 409 000	13 930 000	9 847 000	6 972 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 764 000	3 000 000	7 346 000	8 349 000
Creditors	6 863 000	4 829 000	3 257 000	3 002 000
Unpaid Taxes	176 000	535 000	0	531 000
Dividends	0	0	0	0
Other Current Debt	1 962 000	943 000	654 000	7 019 000
Total Current Debt	9 506 000	7 541 000	6 250 000	13 612 000
Total Equity and Debt	58 679 000	24 471 000	23 443 000	28 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,98 %	29,31 %	29,2 %	28,83 %
Debt-to-Equity Ratio	1,82	0,22	0,75	1,2
Operating Profit Margin	8,84 %	11,87 %	10,76 %	8,95 %
Current Ratio	2,26	1,6	1,62	0,39
Quick Ratio	−17,6	6,29	2,92	0,42
Equity Ratio	0,3	0,57	0,42	0,24
Gross Profit Margin	40,86 %	40,42 %	44,46 %	21,53 %