INDEVELOPMENT AS

1642 SALTNES

Finances

Share Ownership

Return on Equity

45,05 %

Current Ratio

4,95

Debt-to-Equity Ratio

3,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 439 000	1 938 000	1 305 000	50 000
Net Income	441 000	4 000	41 000	61 000
Total Assets	4 647 000	3 637 000	2 853 000	1 659 000
Total Equity	979 000	538 000	535 000	493 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 439 000	1 938 000	1 305 000	50 000
Expenditure	1 792 000	1 921 000	1 253 000	26 000
Operating Profit	648 000	17 000	51 000	24 000
Financial Income	19 000	13 000	8 000	40 000
Financial Costs	99 000	25 000	7 000	2 000
Financial Balance	−80 000	−12 000	1 000	38 000
Earnings Before Tax	568 000	5 000	52 000	61 000
Tax	127 000	2 000	10 000	0
Net Income	441 000	4 000	41 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 244 000	2 641 000	1 789 000	0
Total Current Assets	1 402 000	996 000	1 064 000	1 659 000
Total Assets	4 647 000	3 637 000	2 853 000	1 659 000
Total Retained Equity	479 000	38 000	35 000	−7 000
Total Equity	979 000	538 000	535 000	493 000
Total Long-Term Debt	3 385 000	2 668 000	2 018 000	1 095 000
Total Current Debt	283 000	430 000	300 000	71 000
Total Equity and Debt	4 647 000	3 637 000	2 853 000	1 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 439 000	1 906 000	1 305 000	50 000
Other Income	0	32 000	0	0
Revenue	2 439 000	1 938 000	1 305 000	50 000
Cost of Goods Sold	82 000	0	11 000	0
Salary Costs	1 249 000	1 155 000	825 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 792 000	1 921 000	1 253 000	26 000
Operating Profit	648 000	17 000	51 000	24 000
Financial Income	19 000	13 000	8 000	40 000
Financial Costs	99 000	25 000	7 000	2 000
Financial Balance	−80 000	−12 000	1 000	38 000
Dividends	0	0	0	0
Net Income	441 000	4 000	41 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 194 000	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	50 000	2 641 000	1 789 000	0
Total Fixed Assets	3 244 000	2 641 000	1 789 000	0
Stock	0	318 000	318 000	0
Total Investments	0	0	0	0
Cash, Bank	510 000	218 000	225 000	157 000
Total Current Assets	1 402 000	996 000	1 064 000	1 659 000
Total Assets	4 647 000	3 637 000	2 853 000	1 659 000
Total Equity	979 000	538 000	535 000	493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 385 000	2 668 000	2 018 000	1 095 000
Creditors	69 000	111 000	67 000	68 000
Unpaid Taxes	145 000	212 000	143 000	0
Dividends	0	0	0	0
Other Current Debt	69 000	106 000	79 000	3 000
Total Current Debt	283 000	430 000	300 000	71 000
Total Equity and Debt	4 647 000	3 637 000	2 853 000	1 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,05 %	0,74 %	7,66 %	12,37 %
Debt-to-Equity Ratio	3,46	4,96	3,77	2,22
Operating Profit Margin	26,57 %	0,88 %	3,91 %	48 %
Current Ratio	4,95	2,32	3,55	23,37
Quick Ratio	4,95	8,89	−59,11	23,37
Equity Ratio	0,21	0,15	0,19	0,3
Gross Profit Margin	96,64 %	100 %	99,16 %	100 %