ISTAN AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

75,96 %

Current Ratio

3,56

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 290 000	7 556 000	4 696 000	1 400 000
Net Income	316 000	362 000	−195 000	43 000
Total Assets	755 000	1 326 000	651 000	368 000
Total Equity	416 000	290 000	−72 000	73 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 290 000	7 556 000	4 696 000	1 400 000
Expenditure	5 879 000	7 127 000	4 870 000	1 338 000
Operating Profit	411 000	430 000	−174 000	62 000
Financial Income	1 000	3 000	2 000	0
Financial Costs	7 000	19 000	28 000	7 000
Financial Balance	−6 000	−16 000	−26 000	−7 000
Earnings Before Tax	405 000	414 000	−199 000	56 000
Tax	89 000	52 000	−4 000	13 000
Net Income	316 000	362 000	−195 000	43 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	386 000	177 000	166 000
Total Current Assets	755 000	940 000	474 000	202 000
Total Assets	755 000	1 326 000	651 000	368 000
Total Retained Equity	336 000	210 000	−152 000	43 000
Total Equity	416 000	290 000	−72 000	73 000
Total Long-Term Debt	127 000	237 000	286 000	46 000
Total Current Debt	212 000	799 000	436 000	249 000
Total Equity and Debt	755 000	1 326 000	651 000	368 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 715 000	7 555 000	4 658 000	1 400 000
Other Income	574 000	2 000	38 000	0
Revenue	6 290 000	7 556 000	4 696 000	1 400 000
Cost of Goods Sold	2 063 000	3 022 000	1 820 000	625 000
Salary Costs	2 618 000	2 569 000	1 949 000	346 000
Depreciation	38 000	46 000	46 000	12 000
Impairment	0	0	0	0
Expenditure	5 879 000	7 127 000	4 870 000	1 338 000
Operating Profit	411 000	430 000	−174 000	62 000
Financial Income	1 000	3 000	2 000	0
Financial Costs	7 000	19 000	28 000	7 000
Financial Balance	−6 000	−16 000	−26 000	−7 000
Dividends	0	0	0	0
Net Income	316 000	362 000	−195 000	43 000

Balance details (NOK)	2021	2020	2019	2018
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	201 000	145 000	141 000
Total Tangible Assets	0	201 000	145 000	141 000
Total Fiancial Fixed Assets	0	185 000	32 000	25 000
Total Fixed Assets	0	386 000	177 000	166 000
Stock	0	126 000	109 000	37 000
Total Investments	0	0	0	0
Cash, Bank	243 000	680 000	339 000	154 000
Total Current Assets	755 000	940 000	474 000	202 000
Total Assets	755 000	1 326 000	651 000	368 000
Total Equity	416 000	290 000	−72 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	237 000	286 000	46 000
Creditors	4 000	414 000	109 000	84 000
Unpaid Taxes	0	151 000	104 000	72 000
Dividends	0	0	0	0
Other Current Debt	208 000	188 000	223 000	85 000
Total Current Debt	212 000	799 000	436 000	249 000
Total Equity and Debt	755 000	1 326 000	651 000	368 000

Financial indicators	2021	2020	2019	2018
Return on Equity	75,96 %	124,83 %	270,83 %	58,9 %
Debt-to-Equity Ratio	0,31	0,82	−3,97	0,63
Operating Profit Margin	6,53 %	5,69 %	−3,71 %	4,43 %
Current Ratio	3,56	1,18	1,09	0,81
Quick Ratio	3,56	1,4	1,45	0,95
Equity Ratio	0,55	0,22	−0,11	0,2
Gross Profit Margin	67,2 %	60,01 %	61,24 %	55,36 %