INGAR ØRKA AS

1880 EIDSBERG

Finances

Share Ownership

Return on Equity

44,36 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 670 000	11 170 000	8 461 000	6 951 000
Net Income	2 106 000	1 917 000	1 242 000	618 000
Total Assets	6 210 000	7 126 000	5 149 000	4 028 000
Total Equity	4 747 000	2 641 000	3 724 000	2 482 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 670 000	11 170 000	8 461 000	6 951 000
Expenditure	9 945 000	8 720 000	6 891 000	6 177 000
Operating Profit	2 725 000	2 449 000	1 569 000	774 000
Financial Income	29 000	29 000	24 000	19 000
Financial Costs	4 000	0	1 000	1 000
Financial Balance	25 000	29 000	23 000	18 000
Earnings Before Tax	2 750 000	2 478 000	1 592 000	792 000
Tax	644 000	560 000	350 000	174 000
Net Income	2 106 000	1 917 000	1 242 000	618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 195 000	930 000	1 002 000	1 357 000
Total Current Assets	5 015 000	6 196 000	4 147 000	2 671 000
Total Assets	6 210 000	7 126 000	5 149 000	4 028 000
Total Retained Equity	4 717 000	2 611 000	3 694 000	2 452 000
Total Equity	4 747 000	2 641 000	3 724 000	2 482 000
Total Long-Term Debt	0	0	8 000	47 000
Total Current Debt	1 463 000	4 484 000	1 417 000	1 498 000
Total Equity and Debt	6 210 000	7 126 000	5 149 000	4 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 669 000	11 170 000	8 460 000	6 828 000
Other Income	1 000	0	1 000	123 000
Revenue	12 670 000	11 170 000	8 461 000	6 951 000
Cost of Goods Sold	2 682 000	1 813 000	1 302 000	645 000
Salary Costs	2 014 000	2 527 000	2 151 000	2 391 000
Depreciation	280 000	341 000	373 000	313 000
Impairment	0	0	0	0
Expenditure	9 945 000	8 720 000	6 891 000	6 177 000
Operating Profit	2 725 000	2 449 000	1 569 000	774 000
Financial Income	29 000	29 000	24 000	19 000
Financial Costs	4 000	0	1 000	1 000
Financial Balance	25 000	29 000	23 000	18 000
Dividends	0	3 000 000	0	0
Net Income	2 106 000	1 917 000	1 242 000	618 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	188 000	199 000	211 000	222 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	608 000	731 000	791 000	1 134 000
Total Tangible Assets	795 000	930 000	1 002 000	1 357 000
Total Fiancial Fixed Assets	400 000	0	0	0
Total Fixed Assets	1 195 000	930 000	1 002 000	1 357 000
Stock	12 000	8 000	13 000	10 000
Total Investments	0	0	0	0
Cash, Bank	3 086 000	3 596 000	2 242 000	1 639 000
Total Current Assets	5 015 000	6 196 000	4 147 000	2 671 000
Total Assets	6 210 000	7 126 000	5 149 000	4 028 000
Total Equity	4 747 000	2 641 000	3 724 000	2 482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	47 000
Creditors	90 000	−51 000	419 000	538 000
Unpaid Taxes	460 000	752 000	423 000	449 000
Dividends	0	3 000 000	0	0
Other Current Debt	269 000	3 215 000	186 000	330 000
Total Current Debt	1 463 000	4 484 000	1 417 000	1 498 000
Total Equity and Debt	6 210 000	7 126 000	5 149 000	4 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,36 %	72,59 %	33,35 %	24,9 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	21,51 %	21,92 %	18,54 %	11,14 %
Current Ratio	3,43	1,38	2,93	1,78
Quick Ratio	3,46	1,38	2,95	1,8
Equity Ratio	0,76	0,37	0,72	0,62
Gross Profit Margin	78,83 %	83,77 %	84,61 %	90,72 %