IKAB AS

3724 SKIEN

Finances

Return on Equity

−57,13 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	55 000	29 000	151 000
Net Income	−40 646 000	−7 218 000	2 597 000	8 166 000
Total Assets	88 439 000	118 159 000	127 343 000	127 303 000
Total Equity	71 143 000	111 789 000	121 007 000	121 410 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	55 000	29 000	151 000
Expenditure	1 040 000	7 111 000	2 833 000	2 843 000
Operating Profit	−1 035 000	−7 057 000	−2 804 000	−2 692 000
Financial Income	4 268 000	8 625 000	5 583 000	20 294 000
Financial Costs	43 878 000	8 786 000	182 000	9 436 000
Financial Balance	−39 610 000	−161 000	5 401 000	10 858 000
Earnings Before Tax	−40 646 000	−7 218 000	2 597 000	8 166 000
Tax	0	0	0	0
Net Income	−40 646 000	−7 218 000	2 597 000	8 166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	83 029 000	112 108 000	115 728 000	103 498 000
Total Current Assets	5 410 000	6 051 000	11 614 000	23 805 000
Total Assets	88 439 000	118 159 000	127 343 000	127 303 000
Total Retained Equity	71 043 000	111 689 000	120 907 000	121 310 000
Total Equity	71 143 000	111 789 000	121 007 000	121 410 000
Total Long-Term Debt	13 000 000	0	0	250 000
Total Current Debt	4 296 000	6 370 000	6 336 000	5 643 000
Total Equity and Debt	88 439 000	118 159 000	127 343 000	127 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	55 000	29 000	151 000
Other Income	4 000	0	0	0
Revenue	4 000	55 000	29 000	151 000
Cost of Goods Sold	0	3 000	0	107 000
Salary Costs	2 235 000	2 250 000	2 247 000	2 239 000
Depreciation	15 000	1 000	18 000	19 000
Impairment	0	0	0	0
Expenditure	1 040 000	7 111 000	2 833 000	2 843 000
Operating Profit	−1 035 000	−7 057 000	−2 804 000	−2 692 000
Financial Income	4 268 000	8 625 000	5 583 000	20 294 000
Financial Costs	43 878 000	8 786 000	182 000	9 436 000
Financial Balance	−39 610 000	−161 000	5 401 000	10 858 000
Dividends	0	2 000 000	0	0
Net Income	−40 646 000	−7 218 000	2 597 000	8 166 000

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	0	0	0	0
Fixtures	30 000	0	1 000	18 000
Total Tangible Assets	30 000	0	1 000	18 000
Total Fiancial Fixed Assets	82 999 000	112 108 000	115 727 000	103 480 000
Total Fixed Assets	83 029 000	112 108 000	115 728 000	103 498 000
Stock	0	0	0	0
Total Investments	1 578 000	2 810 000	11 291 000	22 253 000
Cash, Bank	368 000	128 000	175 000	1 429 000
Total Current Assets	5 410 000	6 051 000	11 614 000	23 805 000
Total Assets	88 439 000	118 159 000	127 343 000	127 303 000
Total Equity	71 143 000	111 789 000	121 007 000	121 410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000 000	0	0	250 000
Creditors	222 000	12 000	9 000	0
Unpaid Taxes	166 000	206 000	217 000	208 000
Dividends	0	2 000 000	0	0
Other Current Debt	3 908 000	6 152 000	6 110 000	5 435 000
Total Current Debt	4 296 000	6 370 000	6 336 000	5 643 000
Total Equity and Debt	88 439 000	118 159 000	127 343 000	127 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,13 %	−6,46 %	2,15 %	6,73 %
Debt-to-Equity Ratio	0,18	0	0	0
Operating Profit Margin	−25 875 %	−12 830,91 %	−9 668,97 %	−1 782,78 %
Current Ratio	1,26	0,95	1,83	4,22
Quick Ratio	1,26	0,95	1,83	4,22
Equity Ratio	0,8	0,95	0,95	0,95
Gross Profit Margin	100 %	94,55 %	100 %	29,14 %