ISBAR AS

4006 STAVANGER

Finances

Return on Equity

35,46 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 770 000	5 729 000	5 247 000	3 287 000
Net Income	289 000	250 000	445 000	195 000
Total Assets	1 497 000	1 320 000	1 110 000	1 035 000
Total Equity	815 000	726 000	476 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 770 000	5 729 000	5 247 000	3 287 000
Expenditure	5 406 000	5 386 000	4 707 000	3 078 000
Operating Profit	381 000	334 000	524 000	267 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	14 000	20 000	55 000	73 000
Financial Balance	−13 000	−20 000	−54 000	−72 000
Earnings Before Tax	368 000	315 000	470 000	195 000
Tax	79 000	65 000	25 000	0
Net Income	289 000	250 000	445 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	428 000	455 000	483 000
Total Current Assets	1 118 000	892 000	655 000	552 000
Total Assets	1 497 000	1 320 000	1 110 000	1 035 000
Total Retained Equity	505 000	416 000	166 000	−278 000
Total Equity	815 000	726 000	476 000	32 000
Total Long-Term Debt	152 000	259 000	366 000	468 000
Total Current Debt	530 000	335 000	267 000	535 000
Total Equity and Debt	1 497 000	1 320 000	1 110 000	1 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 770 000	5 734 000	5 210 000	3 287 000
Other Income	0	−4 000	37 000	0
Revenue	5 770 000	5 729 000	5 247 000	3 287 000
Cost of Goods Sold	1 720 000	2 005 000	2 075 000	1 157 000
Salary Costs	2 074 000	2 022 000	1 358 000	1 136 000
Depreciation	49 000	54 000	59 000	68 000
Impairment	0	0	0	0
Expenditure	5 406 000	5 386 000	4 707 000	3 078 000
Operating Profit	381 000	334 000	524 000	267 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	14 000	20 000	55 000	73 000
Financial Balance	−13 000	−20 000	−54 000	−72 000
Dividends	200 000	0	0	0
Net Income	289 000	250 000	445 000	195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	53 000	66 000	82 000	103 000
Total Intangible Assets	53 000	66 000	82 000	103 000
Real Eastate	0	210 000	234 000	260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	296 000	122 000	108 000	120 000
Total Tangible Assets	296 000	332 000	342 000	380 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	379 000	428 000	455 000	483 000
Stock	96 000	78 000	87 000	103 000
Total Investments	0	0	0	0
Cash, Bank	1 012 000	738 000	509 000	425 000
Total Current Assets	1 118 000	892 000	655 000	552 000
Total Assets	1 497 000	1 320 000	1 110 000	1 035 000
Total Equity	815 000	726 000	476 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	259 000	366 000	468 000
Creditors	51 000	88 000	53 000	21 000
Unpaid Taxes	41 000	33 000	44 000	29 000
Dividends	200 000	0	0	0
Other Current Debt	160 000	149 000	145 000	486 000
Total Current Debt	530 000	335 000	267 000	535 000
Total Equity and Debt	1 497 000	1 320 000	1 110 000	1 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,46 %	34,44 %	93,49 %	609,38 %
Debt-to-Equity Ratio	0,19	0,36	0,77	14,63
Operating Profit Margin	6,6 %	5,83 %	9,99 %	8,12 %
Current Ratio	2,11	2,66	2,45	1,03
Quick Ratio	2,58	3,47	3,64	1,28
Equity Ratio	0,54	0,55	0,43	0,03
Gross Profit Margin	70,19 %	65 %	60,45 %	64,8 %