IGLOW AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

42,52 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 661 000	37 806 000	31 627 000	23 302 000
Net Income	1 203 000	626 000	3 188 000	2 151 000
Total Assets	6 905 000	7 740 000	8 612 000	7 431 000
Total Equity	2 829 000	1 626 000	1 798 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 661 000	37 806 000	31 627 000	23 302 000
Expenditure	29 994 000	37 233 000	27 700 000	21 663 000
Operating Profit	1 666 000	638 000	3 927 000	1 640 000
Financial Income	−58 000	147 000	152 000	911 000
Financial Costs	40 000	13 000	27 000	23 000
Financial Balance	−98 000	134 000	125 000	888 000
Earnings Before Tax	1 569 000	772 000	4 053 000	2 528 000
Tax	366 000	146 000	865 000	377 000
Net Income	1 203 000	626 000	3 188 000	2 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	362 000	528 000	734 000
Total Current Assets	6 680 000	7 379 000	8 084 000	6 696 000
Total Assets	6 905 000	7 740 000	8 612 000	7 431 000
Total Retained Equity	2 799 000	1 606 000	1 778 000	980 000
Total Equity	2 829 000	1 626 000	1 798 000	1 000 000
Total Long-Term Debt	0	798 000	0	0
Total Current Debt	4 076 000	5 316 000	6 814 000	6 431 000
Total Equity and Debt	6 905 000	7 740 000	8 612 000	7 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 841 000	37 788 000	31 618 000	23 259 000
Other Income	3 820 000	18 000	10 000	43 000
Revenue	31 661 000	37 806 000	31 627 000	23 302 000
Cost of Goods Sold	6 848 000	10 794 000	9 329 000	7 108 000
Salary Costs	8 415 000	8 026 000	4 733 000	4 663 000
Depreciation	118 000	138 000	303 000	326 000
Impairment	0	0	0	0
Expenditure	29 994 000	37 233 000	27 700 000	21 663 000
Operating Profit	1 666 000	638 000	3 927 000	1 640 000
Financial Income	−58 000	147 000	152 000	911 000
Financial Costs	40 000	13 000	27 000	23 000
Financial Balance	−98 000	134 000	125 000	888 000
Dividends	0	798 000	2 390 000	2 686 000
Net Income	1 203 000	626 000	3 188 000	2 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	55 000	191 000	123 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	307 000	336 000	612 000
Total Tangible Assets	189 000	307 000	336 000	612 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	225 000	362 000	528 000	734 000
Stock	2 898 000	2 312 000	1 649 000	1 636 000
Total Investments	0	1 614 000	1 911 000	2 330 000
Cash, Bank	3 678 000	3 285 000	4 097 000	1 616 000
Total Current Assets	6 680 000	7 379 000	8 084 000	6 696 000
Total Assets	6 905 000	7 740 000	8 612 000	7 431 000
Total Equity	2 829 000	1 626 000	1 798 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	798 000	0	0
Creditors	1 316 000	2 051 000	1 146 000	1 480 000
Unpaid Taxes	1 390 000	1 612 000	1 565 000	1 112 000
Dividends	0	798 000	2 390 000	2 686 000
Other Current Debt	895 000	1 442 000	507 000	430 000
Total Current Debt	4 076 000	5 316 000	6 814 000	6 431 000
Total Equity and Debt	6 905 000	7 740 000	8 612 000	7 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,52 %	38,5 %	177,31 %	215,1 %
Debt-to-Equity Ratio	0	0,49	0	0
Operating Profit Margin	5,26 %	1,69 %	12,42 %	7,04 %
Current Ratio	1,64	1,39	1,19	1,04
Quick Ratio	5,67	2,46	1,57	1,4
Equity Ratio	0,41	0,21	0,21	0,13
Gross Profit Margin	78,37 %	71,45 %	70,5 %	69,5 %