IVERSENS MEKANISKE AS

1772 HALDEN

Finances

Share Ownership

Return on Equity

21,79 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 168 000	3 523 000	2 917 000	3 708 000
Net Income	256 000	126 000	−125 000	238 000
Total Assets	1 935 000	1 537 000	1 458 000	1 712 000
Total Equity	1 175 000	1 019 000	893 000	1 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 168 000	3 523 000	2 917 000	3 708 000
Expenditure	3 902 000	3 328 000	3 207 000	3 422 000
Operating Profit	328 000	162 000	−161 000	304 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	1 000	−1 000	0	1 000
Earnings Before Tax	329 000	161 000	−161 000	305 000
Tax	72 000	36 000	−35 000	67 000
Net Income	256 000	126 000	−125 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	62 000	129 000	106 000
Total Current Assets	1 878 000	1 476 000	1 329 000	1 606 000
Total Assets	1 935 000	1 537 000	1 458 000	1 712 000
Total Retained Equity	855 000	699 000	573 000	698 000
Total Equity	1 175 000	1 019 000	893 000	1 018 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	760 000	519 000	565 000	694 000
Total Equity and Debt	1 935 000	1 537 000	1 458 000	1 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 156 000	3 507 000	2 893 000	3 681 000
Other Income	12 000	16 000	24 000	27 000
Revenue	4 168 000	3 523 000	2 917 000	3 708 000
Cost of Goods Sold	1 569 000	1 268 000	1 111 000	1 248 000
Salary Costs	1 805 000	1 611 000	1 612 000	1 616 000
Depreciation	5 000	32 000	12 000	15 000
Impairment	0	0	0	0
Expenditure	3 902 000	3 328 000	3 207 000	3 422 000
Operating Profit	328 000	162 000	−161 000	304 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	1 000	−1 000	0	1 000
Dividends	100 000	0	0	100 000
Net Income	256 000	126 000	−125 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	35 000	0
Real Eastate	53 000	55 000	71 000	71 000
Machinery and Plant Facilities	0	0	0	5 000
Fixtures	3 000	6 000	22 000	30 000
Total Tangible Assets	56 000	62 000	93 000	106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	62 000	129 000	106 000
Stock	486 000	424 000	457 000	328 000
Total Investments	0	0	0	0
Cash, Bank	968 000	509 000	401 000	1 132 000
Total Current Assets	1 878 000	1 476 000	1 329 000	1 606 000
Total Assets	1 935 000	1 537 000	1 458 000	1 712 000
Total Equity	1 175 000	1 019 000	893 000	1 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	169 000	113 000	163 000	202 000
Unpaid Taxes	162 000	165 000	175 000	105 000
Dividends	100 000	0	0	100 000
Other Current Debt	256 000	240 000	228 000	220 000
Total Current Debt	760 000	519 000	565 000	694 000
Total Equity and Debt	1 935 000	1 537 000	1 458 000	1 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,79 %	12,37 %	−14 %	23,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,87 %	4,6 %	−5,52 %	8,2 %
Current Ratio	2,47	2,84	2,35	2,31
Quick Ratio	6,85	15,54	12,31	4,39
Equity Ratio	0,61	0,66	0,61	0,59
Gross Profit Margin	62,36 %	64,01 %	61,91 %	66,34 %