ISLANDSKE PRODUKTER AS

4616 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−285,39 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	900 000	1 322 000	1 286 000	1 017 000
Net Income	−254 000	104 000	82 000	86 000
Total Assets	298 000	602 000	495 000	281 000
Total Equity	89 000	343 000	239 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	900 000	1 322 000	1 286 000	1 017 000
Expenditure	1 153 000	1 184 000	1 194 000	922 000
Operating Profit	−253 000	138 000	92 000	95 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	9 000
Financial Balance	−1 000	−4 000	−8 000	−9 000
Earnings Before Tax	−254 000	134 000	85 000	86 000
Tax	0	29 000	3 000	0
Net Income	−254 000	104 000	82 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	25 000	25 000	25 000
Total Current Assets	273 000	577 000	470 000	256 000
Total Assets	298 000	602 000	495 000	281 000
Total Retained Equity	59 000	313 000	209 000	127 000
Total Equity	89 000	343 000	239 000	157 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	209 000	258 000	257 000	124 000
Total Equity and Debt	298 000	602 000	495 000	281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	900 000	1 322 000	1 286 000	879 000
Other Income	0	0	0	138 000
Revenue	900 000	1 322 000	1 286 000	1 017 000
Cost of Goods Sold	724 000	748 000	798 000	710 000
Salary Costs	256 000	256 000	256 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 153 000	1 184 000	1 194 000	922 000
Operating Profit	−253 000	138 000	92 000	95 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	9 000
Financial Balance	−1 000	−4 000	−8 000	−9 000
Dividends	0	0	0	0
Net Income	−254 000	104 000	82 000	86 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	25 000	25 000	25 000	25 000
Stock	148 000	220 000	92 000	151 000
Total Investments	0	0	0	0
Cash, Bank	112 000	317 000	354 000	93 000
Total Current Assets	273 000	577 000	470 000	256 000
Total Assets	298 000	602 000	495 000	281 000
Total Equity	89 000	343 000	239 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	37 000	67 000	25 000
Unpaid Taxes	119 000	168 000	163 000	24 000
Dividends	0	0	0	0
Other Current Debt	74 000	24 000	24 000	76 000
Total Current Debt	209 000	258 000	257 000	124 000
Total Equity and Debt	298 000	602 000	495 000	281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−285,39 %	30,32 %	34,31 %	54,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−28,11 %	10,44 %	7,15 %	9,34 %
Current Ratio	1,31	2,24	1,83	2,06
Quick Ratio	4,48	15,18	2,85	−9,48
Equity Ratio	0,3	0,57	0,48	0,56
Gross Profit Margin	19,56 %	43,42 %	37,95 %	30,19 %