ICECO2 AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

−177,4 %

Current Ratio

0,53

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 748 000	8 068 000	9 277 000	14 386 000
Net Income	−793 000	−112 000	443 000	1 516 000
Total Assets	5 908 000	5 126 000	4 493 000	5 196 000
Total Equity	447 000	1 240 000	1 351 000	1 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 748 000	8 068 000	9 277 000	14 386 000
Expenditure	10 439 000	8 149 000	8 690 000	12 465 000
Operating Profit	−691 000	−81 000	588 000	1 920 000
Financial Income	6 000	5 000	5 000	7 000
Financial Costs	107 000	35 000	40 000	21 000
Financial Balance	−101 000	−30 000	−35 000	−14 000
Earnings Before Tax	−793 000	−112 000	554 000	1 906 000
Tax	0	0	111 000	391 000
Net Income	−793 000	−112 000	443 000	1 516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 359 000	2 530 000	2 563 000	2 512 000
Total Current Assets	2 549 000	2 596 000	1 930 000	2 684 000
Total Assets	5 908 000	5 126 000	4 493 000	5 196 000
Total Retained Equity	425 000	1 217 000	1 329 000	1 457 000
Total Equity	447 000	1 240 000	1 351 000	1 479 000
Total Long-Term Debt	625 000	0	0	0
Total Current Debt	4 836 000	3 886 000	3 141 000	3 717 000
Total Equity and Debt	5 908 000	5 126 000	4 493 000	5 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 748 000	7 580 000	8 826 000	14 471 000
Other Income	0	488 000	452 000	−85 000
Revenue	9 748 000	8 068 000	9 277 000	14 386 000
Cost of Goods Sold	4 171 000	2 382 000	2 889 000	6 508 000
Salary Costs	2 839 000	3 076 000	3 143 000	2 563 000
Depreciation	94 000	31 000	27 000	61 000
Impairment	0	0	0	0
Expenditure	10 439 000	8 149 000	8 690 000	12 465 000
Operating Profit	−691 000	−81 000	588 000	1 920 000
Financial Income	6 000	5 000	5 000	7 000
Financial Costs	107 000	35 000	40 000	21 000
Financial Balance	−101 000	−30 000	−35 000	−14 000
Dividends	0	0	550 000	0
Net Income	−793 000	−112 000	443 000	1 516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	134 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	764 000	108 000	120 000	55 000
Total Tangible Assets	899 000	108 000	120 000	55 000
Total Fiancial Fixed Assets	2 461 000	2 422 000	2 442 000	2 457 000
Total Fixed Assets	3 359 000	2 530 000	2 563 000	2 512 000
Stock	562 000	581 000	129 000	126 000
Total Investments	0	0	0	0
Cash, Bank	213 000	380 000	838 000	358 000
Total Current Assets	2 549 000	2 596 000	1 930 000	2 684 000
Total Assets	5 908 000	5 126 000	4 493 000	5 196 000
Total Equity	447 000	1 240 000	1 351 000	1 479 000
Short-Term Group Debt	2 102 000	1 879 000	2 189 000	2 186 000
Total Long-Term Debt	625 000	0	0	0
Creditors	466 000	193 000	223 000	177 000
Unpaid Taxes	534 000	502 000	333 000	439 000
Dividends	0	0	550 000	0
Other Current Debt	263 000	305 000	290 000	347 000
Total Current Debt	4 836 000	3 886 000	3 141 000	3 717 000
Total Equity and Debt	5 908 000	5 126 000	4 493 000	5 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−177,4 %	−9,03 %	32,79 %	102,5 %
Debt-to-Equity Ratio	1,4	0	0	0
Operating Profit Margin	−7,09 %	−1 %	6,34 %	13,35 %
Current Ratio	0,53	0,67	0,61	0,72
Quick Ratio	0,6	0,79	0,64	0,75
Equity Ratio	0,08	0,24	0,3	0,28
Gross Profit Margin	57,21 %	70,48 %	68,86 %	54,76 %