IPSUM AIRPORT TECHNOLOGY AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

175,05 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 480 000	30 358 000	17 529 000	17 157 000
Net Income	4 840 000	3 145 000	1 253 000	1 460 000
Total Assets	14 164 000	13 162 000	4 423 000	4 395 000
Total Equity	2 765 000	2 925 000	1 780 000	2 527 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 480 000	30 358 000	17 529 000	17 157 000
Expenditure	36 285 000	26 327 000	15 909 000	15 287 000
Operating Profit	6 195 000	4 031 000	1 620 000	1 871 000
Financial Income	16 000	3 000	5 000	19 000
Financial Costs	2 000	1 000	18 000	18 000
Financial Balance	14 000	2 000	−13 000	1 000
Earnings Before Tax	6 210 000	4 033 000	1 607 000	1 872 000
Tax	1 370 000	889 000	354 000	412 000
Net Income	4 840 000	3 145 000	1 253 000	1 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 164 000	13 162 000	4 423 000	4 395 000
Total Assets	14 164 000	13 162 000	4 423 000	4 395 000
Total Retained Equity	2 565 000	2 725 000	1 580 000	2 327 000
Total Equity	2 765 000	2 925 000	1 780 000	2 527 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 399 000	10 238 000	2 643 000	1 868 000
Total Equity and Debt	14 164 000	13 162 000	4 423 000	4 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 480 000	30 358 000	17 529 000	17 157 000
Other Income	0	0	0	0
Revenue	42 480 000	30 358 000	17 529 000	17 157 000
Cost of Goods Sold	31 310 000	21 855 000	12 741 000	14 811 000
Salary Costs	4 689 000	4 201 000	2 874 000	274 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 285 000	26 327 000	15 909 000	15 287 000
Operating Profit	6 195 000	4 031 000	1 620 000	1 871 000
Financial Income	16 000	3 000	5 000	19 000
Financial Costs	2 000	1 000	18 000	18 000
Financial Balance	14 000	2 000	−13 000	1 000
Dividends	5 000 000	2 000 000	0	0
Net Income	4 840 000	3 145 000	1 253 000	1 460 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 510 000	9 480 000	2 324 000	1 098 000
Total Current Assets	14 164 000	13 162 000	4 423 000	4 395 000
Total Assets	14 164 000	13 162 000	4 423 000	4 395 000
Total Equity	2 765 000	2 925 000	1 780 000	2 527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 240 000	6 009 000	1 199 000	1 252 000
Unpaid Taxes	747 000	853 000	518 000	182 000
Dividends	5 000 000	2 000 000	0	0
Other Current Debt	1 042 000	487 000	572 000	22 000
Total Current Debt	11 399 000	10 238 000	2 643 000	1 868 000
Total Equity and Debt	14 164 000	13 162 000	4 423 000	4 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175,05 %	107,52 %	70,39 %	57,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,58 %	13,28 %	9,24 %	10,91 %
Current Ratio	1,24	1,29	1,67	2,35
Quick Ratio	1,24	1,29	1,67	2,35
Equity Ratio	0,2	0,22	0,4	0,57
Gross Profit Margin	26,29 %	28,01 %	27,31 %	13,67 %