IBALANSE AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

565,82 %

Current Ratio

1,03

Debt-to-Equity Ratio

7,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 051 000	2 789 000	2 286 000	1 951 000
Net Income	447 000	215 000	45 000	46 000
Total Assets	1 802 000	1 567 000	1 449 000	577 000
Total Equity	79 000	183 000	168 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 051 000	2 789 000	2 286 000	1 951 000
Expenditure	2 452 000	2 601 000	2 234 000	1 882 000
Operating Profit	599 000	187 000	52 000	68 000
Financial Income	1 000	85 000	0	0
Financial Costs	27 000	21 000	3 000	0
Financial Balance	−26 000	64 000	−3 000	0
Earnings Before Tax	573 000	251 000	49 000	68 000
Tax	126 000	37 000	4 000	22 000
Net Income	447 000	215 000	45 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	621 000	850 000	801 000	22 000
Total Current Assets	1 182 000	717 000	648 000	555 000
Total Assets	1 802 000	1 567 000	1 449 000	577 000
Total Retained Equity	49 000	153 000	138 000	93 000
Total Equity	79 000	183 000	168 000	123 000
Total Long-Term Debt	575 000	617 000	769 000	0
Total Current Debt	1 148 000	767 000	512 000	454 000
Total Equity and Debt	1 802 000	1 567 000	1 449 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 176 000	2 488 000	2 236 000	1 951 000
Other Income	875 000	301 000	50 000	0
Revenue	3 051 000	2 789 000	2 286 000	1 951 000
Cost of Goods Sold	40 000	47 000	0	0
Salary Costs	1 833 000	2 131 000	1 853 000	1 653 000
Depreciation	79 000	86 000	24 000	15 000
Impairment	0	0	0	0
Expenditure	2 452 000	2 601 000	2 234 000	1 882 000
Operating Profit	599 000	187 000	52 000	68 000
Financial Income	1 000	85 000	0	0
Financial Costs	27 000	21 000	3 000	0
Financial Balance	−26 000	64 000	−3 000	0
Dividends	550 000	200 000	0	0
Net Income	447 000	215 000	45 000	46 000

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	621 000	700 000	786 000	22 000
Total Tangible Assets	621 000	700 000	786 000	22 000
Total Fiancial Fixed Assets	0	150 000	15 000	0
Total Fixed Assets	621 000	850 000	801 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	620 000	211 000	180 000	213 000
Total Current Assets	1 182 000	717 000	648 000	555 000
Total Assets	1 802 000	1 567 000	1 449 000	577 000
Total Equity	79 000	183 000	168 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	575 000	617 000	769 000	0
Creditors	60 000	2 000	74 000	13 000
Unpaid Taxes	211 000	240 000	167 000	178 000
Dividends	550 000	200 000	0	0
Other Current Debt	196 000	295 000	272 000	240 000
Total Current Debt	1 148 000	767 000	512 000	454 000
Total Equity and Debt	1 802 000	1 567 000	1 449 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	565,82 %	117,49 %	26,79 %	37,4 %
Debt-to-Equity Ratio	7,28	3,37	4,58	0
Operating Profit Margin	19,63 %	6,7 %	2,27 %	3,49 %
Current Ratio	1,03	0,93	1,27	1,22
Quick Ratio	1,03	0,93	1,27	1,22
Equity Ratio	0,04	0,12	0,12	0,21
Gross Profit Margin	98,69 %	98,31 %	100 %	100 %