I OG ME AS

6300 ÅNDALSNES

Finances

Return on Equity

50 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 593 000	3 619 000	2 769 000	2 988 000
Net Income	58 000	117 000	−26 000	−88 000
Total Assets	594 000	616 000	747 000	615 000
Total Equity	116 000	58 000	−59 000	−33 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 593 000	3 619 000	2 769 000	2 988 000
Expenditure	3 457 000	3 405 000	2 746 000	3 021 000
Operating Profit	136 000	215 000	23 000	−33 000
Financial Income	0	0	0	0
Financial Costs	54 000	50 000	48 000	56 000
Financial Balance	−54 000	−50 000	−48 000	−56 000
Earnings Before Tax	82 000	164 000	−25 000	−88 000
Tax	24 000	48 000	1 000	0
Net Income	58 000	117 000	−26 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	31 000	37 000	86 000
Total Current Assets	574 000	586 000	710 000	529 000
Total Assets	594 000	616 000	747 000	615 000
Total Retained Equity	16 000	−42 000	−159 000	−133 000
Total Equity	116 000	58 000	−59 000	−33 000
Total Long-Term Debt	0	68 000	170 000	232 000
Total Current Debt	479 000	491 000	636 000	416 000
Total Equity and Debt	594 000	616 000	747 000	615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 585 000	3 619 000	2 761 000	2 988 000
Other Income	9 000	0	8 000	0
Revenue	3 593 000	3 619 000	2 769 000	2 988 000
Cost of Goods Sold	2 176 000	2 216 000	1 639 000	1 879 000
Salary Costs	748 000	661 000	568 000	723 000
Depreciation	10 000	35 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	3 457 000	3 405 000	2 746 000	3 021 000
Operating Profit	136 000	215 000	23 000	−33 000
Financial Income	0	0	0	0
Financial Costs	54 000	50 000	48 000	56 000
Financial Balance	−54 000	−50 000	−48 000	−56 000
Dividends	0	0	0	0
Net Income	58 000	117 000	−26 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	15 000	40 000
Machinery and Plant Facilities	20 000	26 000	0	0
Fixtures	0	4 000	22 000	47 000
Total Tangible Assets	20 000	30 000	36 000	86 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	21 000	31 000	37 000	86 000
Stock	895 000	969 000	1 072 000	879 000
Total Investments	0	0	0	0
Cash, Bank	−431 000	−450 000	−407 000	−384 000
Total Current Assets	574 000	586 000	710 000	529 000
Total Assets	594 000	616 000	747 000	615 000
Total Equity	116 000	58 000	−59 000	−33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	68 000	170 000	232 000
Creditors	130 000	193 000	382 000	183 000
Unpaid Taxes	162 000	111 000	123 000	96 000
Dividends	0	0	0	0
Other Current Debt	162 000	139 000	130 000	137 000
Total Current Debt	479 000	491 000	636 000	416 000
Total Equity and Debt	594 000	616 000	747 000	615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	201,72 %	44,07 %	266,67 %
Debt-to-Equity Ratio	0	1,17	−2,88	−7,03
Operating Profit Margin	3,79 %	5,94 %	0,83 %	−1,1 %
Current Ratio	1,2	1,19	1,12	1,27
Quick Ratio	−1,38	−1,23	−1,63	−1,14
Equity Ratio	0,2	0,09	−0,08	−0,05
Gross Profit Margin	39,44 %	38,77 %	40,81 %	37,12 %