IRON AS

1252 OSLO

Finances

Share Ownership

Return on Equity

44,86 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	452 000	61 000	62 000	18 000
Net Income	−166 000	−95 000	−50 000	−88 000
Total Assets	275 000	212 000	276 000	313 000
Total Equity	−370 000	−203 000	−108 000	−59 000

Income (NOK)	2022	2021	2020	2019
Revenue	452 000	61 000	62 000	18 000
Expenditure	692 000	122 000	99 000	107 000
Operating Profit	−240 000	−61 000	−37 000	−89 000
Financial Income	0	0	0	0
Financial Costs	16 000	18 000	27 000	24 000
Financial Balance	−16 000	−18 000	−27 000	−24 000
Earnings Before Tax	−256 000	−79 000	−64 000	−113 000
Tax	−90 000	16 000	−14 000	−25 000
Net Income	−166 000	−95 000	−50 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	212 000	242 000	312 000
Total Current Assets	39 000	0	33 000	1 000
Total Assets	275 000	212 000	276 000	313 000
Total Retained Equity	−400 000	−233 000	−138 000	−89 000
Total Equity	−370 000	−203 000	−108 000	−59 000
Total Long-Term Debt	302 000	371 000	335 000	370 000
Total Current Debt	342 000	44 000	49 000	3 000
Total Equity and Debt	275 000	212 000	276 000	313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	452 000	61 000	62 000	18 000
Other Income	0	0	0	0
Revenue	452 000	61 000	62 000	18 000
Cost of Goods Sold	21 000	0	0	0
Salary Costs	394 000	0	0	0
Depreciation	106 000	84 000	84 000	84 000
Impairment	0	0	0	0
Expenditure	692 000	122 000	99 000	107 000
Operating Profit	−240 000	−61 000	−37 000	−89 000
Financial Income	0	0	0	0
Financial Costs	16 000	18 000	27 000	24 000
Financial Balance	−16 000	−18 000	−27 000	−24 000
Dividends	0	0	0	0
Net Income	−166 000	−95 000	−50 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	23 000	39 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	203 000	0
Fixtures	123 000	189 000	0	287 000
Total Tangible Assets	123 000	189 000	203 000	287 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	212 000	242 000	312 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	0	33 000	1 000
Total Current Assets	39 000	0	33 000	1 000
Total Assets	275 000	212 000	276 000	313 000
Total Equity	−370 000	−203 000	−108 000	−59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	302 000	371 000	335 000	370 000
Creditors	30 000	10 000	0	14 000
Unpaid Taxes	128 000	0	0	−12 000
Dividends	0	0	0	0
Other Current Debt	184 000	34 000	49 000	1 000
Total Current Debt	342 000	44 000	49 000	3 000
Total Equity and Debt	275 000	212 000	276 000	313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,86 %	46,8 %	46,3 %	149,15 %
Debt-to-Equity Ratio	−0,82	−1,83	−3,1	−6,27
Operating Profit Margin	−53,1 %	−100 %	−59,68 %	−494,44 %
Current Ratio	0,11	0	0,67	0,33
Quick Ratio	0,11	0	0,67	0,33
Equity Ratio	−1,35	−0,96	−0,39	−0,19
Gross Profit Margin	95,35 %	100 %	100 %	100 %