IAM INSURANCE AS

0158 OSLO

Finances

Share Ownership

Return on Equity

2 000 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 182 000	25 353 000	27 055 000	32 556 000
Net Income	840 000	7 859 000	5 766 000	6 100 000
Total Assets	9 022 000	15 871 000	13 826 000	15 587 000
Total Equity	42 000	294 000	849 000	7 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 182 000	25 353 000	27 055 000	32 556 000
Expenditure	12 243 000	14 851 000	19 328 000	24 549 000
Operating Profit	939 000	10 501 000	7 727 000	8 007 000
Financial Income	192 000	92 000	124 000	401 000
Financial Costs	10 000	113 000	134 000	164 000
Financial Balance	182 000	−21 000	−10 000	237 000
Earnings Before Tax	1 121 000	10 480 000	7 718 000	8 244 000
Tax	281 000	2 620 000	1 952 000	2 144 000
Net Income	840 000	7 859 000	5 766 000	6 100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	894 000	1 200 000	1 600 000	2 293 000
Total Current Assets	8 127 000	14 671 000	12 226 000	13 294 000
Total Assets	9 022 000	15 871 000	13 826 000	15 587 000
Total Retained Equity	12 000	264 000	819 000	7 653 000
Total Equity	42 000	294 000	849 000	7 683 000
Total Long-Term Debt	0	9 000	30 000	373 000
Total Current Debt	8 980 000	15 567 000	12 948 000	7 532 000
Total Equity and Debt	9 022 000	15 871 000	13 826 000	15 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 182 000	25 353 000	26 977 000	32 556 000
Other Income	0	0	78 000	0
Revenue	13 182 000	25 353 000	27 055 000	32 556 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 544 000	10 143 000	13 063 000	16 841 000
Depreciation	400 000	400 000	451 000	88 000
Impairment	0	0	0	0
Expenditure	12 243 000	14 851 000	19 328 000	24 549 000
Operating Profit	939 000	10 501 000	7 727 000	8 007 000
Financial Income	192 000	92 000	124 000	401 000
Financial Costs	10 000	113 000	134 000	164 000
Financial Balance	182 000	−21 000	−10 000	237 000
Dividends	0	4 000 000	5 500 000	0
Net Income	840 000	7 859 000	5 766 000	6 100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	894 000	1 200 000	1 600 000	2 031 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	263 000
Total Tangible Assets	0	0	0	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	894 000	1 200 000	1 600 000	2 293 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 478 000	2 693 000	3 134 000	6 170 000
Total Current Assets	8 127 000	14 671 000	12 226 000	13 294 000
Total Assets	9 022 000	15 871 000	13 826 000	15 587 000
Total Equity	42 000	294 000	849 000	7 683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	30 000	373 000
Creditors	1 236 000	450 000	298 000	532 000
Unpaid Taxes	633 000	729 000	790 000	1 474 000
Dividends	0	4 000 000	5 500 000	0
Other Current Debt	3 988 000	6 509 000	768 000	3 348 000
Total Current Debt	8 980 000	15 567 000	12 948 000	7 532 000
Total Equity and Debt	9 022 000	15 871 000	13 826 000	15 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 000 %	2 673,13 %	679,15 %	79,4 %
Debt-to-Equity Ratio	0	0,03	0,04	0,05
Operating Profit Margin	7,12 %	41,42 %	28,56 %	24,59 %
Current Ratio	0,91	0,94	0,94	1,77
Quick Ratio	0,91	0,94	0,94	1,77
Equity Ratio	0	0,02	0,06	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %