INGVE UNDHEIM AS

4646 FINSLAND

Finances

Share Ownership

Return on Equity

11,14 %

Current Ratio

2,73

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 028 000	3 284 000	2 461 000	3 214 000
Net Income	149 000	635 000	255 000	502 000
Total Assets	5 736 000	9 068 000	1 717 000	1 634 000
Total Equity	1 338 000	1 188 000	1 353 000	1 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 028 000	3 284 000	2 461 000	3 214 000
Expenditure	2 665 000	2 462 000	2 131 000	2 573 000
Operating Profit	364 000	821 000	331 000	641 000
Financial Income	2 000	2 000	0	0
Financial Costs	173 000	13 000	0	0
Financial Balance	−171 000	−11 000	0	0
Earnings Before Tax	193 000	811 000	330 000	641 000
Tax	43 000	176 000	76 000	138 000
Net Income	149 000	635 000	255 000	502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 463 000	4 980 000	1 012 000	759 000
Total Current Assets	1 273 000	4 088 000	705 000	875 000
Total Assets	5 736 000	9 068 000	1 717 000	1 634 000
Total Retained Equity	1 308 000	1 158 000	1 323 000	1 068 000
Total Equity	1 338 000	1 188 000	1 353 000	1 098 000
Total Long-Term Debt	3 932 000	6 745 000	0	10 000
Total Current Debt	466 000	1 135 000	364 000	526 000
Total Equity and Debt	5 736 000	9 068 000	1 717 000	1 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 028 000	2 783 000	2 444 000	3 077 000
Other Income	0	501 000	17 000	136 000
Revenue	3 028 000	3 284 000	2 461 000	3 214 000
Cost of Goods Sold	57 000	677 000	38 000	341 000
Salary Costs	1 094 000	862 000	717 000	797 000
Depreciation	883 000	383 000	335 000	257 000
Impairment	0	0	0	0
Expenditure	2 665 000	2 462 000	2 131 000	2 573 000
Operating Profit	364 000	821 000	331 000	641 000
Financial Income	2 000	2 000	0	0
Financial Costs	173 000	13 000	0	0
Financial Balance	−171 000	−11 000	0	0
Dividends	0	800 000	0	0
Net Income	149 000	635 000	255 000	502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 386 000	4 793 000	581 000	38 000
Fixtures	76 000	187 000	431 000	722 000
Total Tangible Assets	4 463 000	4 980 000	1 012 000	759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 463 000	4 980 000	1 012 000	759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	916 000	71 000	293 000	730 000
Total Current Assets	1 273 000	4 088 000	705 000	875 000
Total Assets	5 736 000	9 068 000	1 717 000	1 634 000
Total Equity	1 338 000	1 188 000	1 353 000	1 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 932 000	6 745 000	0	10 000
Creditors	188 000	136 000	133 000	177 000
Unpaid Taxes	167 000	80 000	67 000	144 000
Dividends	0	800 000	0	0
Other Current Debt	111 000	119 000	78 000	77 000
Total Current Debt	466 000	1 135 000	364 000	526 000
Total Equity and Debt	5 736 000	9 068 000	1 717 000	1 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,14 %	53,45 %	18,85 %	45,72 %
Debt-to-Equity Ratio	2,94	5,68	0	0,01
Operating Profit Margin	12,02 %	25 %	13,45 %	19,94 %
Current Ratio	2,73	3,6	1,94	1,66
Quick Ratio	2,73	3,6	1,94	1,66
Equity Ratio	0,23	0,13	0,79	0,67
Gross Profit Margin	98,12 %	79,38 %	98,46 %	89,39 %