IGLAND BERGEMOVEIEN 42 AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

49,68 %

Current Ratio

0,14

Debt-to-Equity Ratio

21,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 806 000	2 134 000	892 000	0
Net Income	688 000	468 000	−29 000	−335 000
Total Assets	33 096 000	33 914 000	24 376 000	10 649 000
Total Equity	1 385 000	970 000	502 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 806 000	2 134 000	892 000	0
Expenditure	956 000	940 000	467 000	113 000
Operating Profit	1 850 000	1 195 000	425 000	−113 000
Financial Income	0	0	1 000	0
Financial Costs	969 000	594 000	463 000	316 000
Financial Balance	−969 000	−594 000	−462 000	−316 000
Earnings Before Tax	882 000	600 000	−37 000	−429 000
Tax	194 000	132 000	−8 000	−94 000
Net Income	688 000	468 000	−29 000	−335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 891 000	33 426 000	22 831 000	9 599 000
Total Current Assets	205 000	488 000	1 546 000	1 049 000
Total Assets	33 096 000	33 914 000	24 376 000	10 649 000
Total Retained Equity	883 000	468 000	0	0
Total Equity	1 385 000	970 000	502 000	100 000
Total Long-Term Debt	30 285 000	29 698 000	19 926 000	10 063 000
Total Current Debt	1 426 000	3 245 000	3 949 000	486 000
Total Equity and Debt	33 096 000	33 914 000	24 376 000	10 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 806 000	2 134 000	892 000	0
Revenue	2 806 000	2 134 000	892 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	535 000	536 000	260 000	0
Impairment	0	0	0	0
Expenditure	956 000	940 000	467 000	113 000
Operating Profit	1 850 000	1 195 000	425 000	−113 000
Financial Income	0	0	1 000	0
Financial Costs	969 000	594 000	463 000	316 000
Financial Balance	−969 000	−594 000	−462 000	−316 000
Dividends	0	0	0	0
Net Income	688 000	468 000	−29 000	−335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 891 000	33 426 000	22 831 000	9 599 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 891 000	33 426 000	22 831 000	9 599 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 891 000	33 426 000	22 831 000	9 599 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	58 000	361 000	892 000	9 000
Total Current Assets	205 000	488 000	1 546 000	1 049 000
Total Assets	33 096 000	33 914 000	24 376 000	10 649 000
Total Equity	1 385 000	970 000	502 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 285 000	29 698 000	19 926 000	10 063 000
Creditors	3 000	122 000	2 000	81 000
Unpaid Taxes	65 000	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	1 357 000	3 123 000	3 941 000	406 000
Total Current Debt	1 426 000	3 245 000	3 949 000	486 000
Total Equity and Debt	33 096 000	33 914 000	24 376 000	10 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,68 %	48,25 %	−5,78 %	−335 %
Debt-to-Equity Ratio	21,87	30,62	39,69	100,63
Operating Profit Margin	65,93 %	56 %	47,65 %	-
Current Ratio	0,14	0,15	0,39	2,16
Quick Ratio	0,14	0,15	0,39	2,16
Equity Ratio	0,04	0,03	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	-