IEC PUBLISHING AS

0153 OSLO

Finances

Share Ownership

Return on Equity

4,97 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 174 000	5 155 000	5 179 000	4 630 000
Net Income	−82 000	−2 487 000	−1 454 000	−1 496 000
Total Assets	472 000	143 000	1 190 000	248 000
Total Equity	−1 650 000	−1 568 000	918 000	−1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 174 000	5 155 000	5 179 000	4 630 000
Expenditure	5 271 000	7 639 000	6 540 000	6 119 000
Operating Profit	−98 000	−2 484 000	−1 362 000	−1 488 000
Financial Income	0	0	0	0
Financial Costs	18 000	2 000	93 000	7 000
Financial Balance	−18 000	−2 000	−93 000	−7 000
Earnings Before Tax	−115 000	−2 487 000	−1 454 000	−1 496 000
Tax	−34 000	0	0	0
Net Income	−82 000	−2 487 000	−1 454 000	−1 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	18 000	29 000	15 000
Total Current Assets	399 000	125 000	1 161 000	234 000
Total Assets	472 000	143 000	1 190 000	248 000
Total Retained Equity	−5 400 000	−5 318 000	−2 832 000	−1 378 000
Total Equity	−1 650 000	−1 568 000	918 000	−1 348 000
Total Long-Term Debt	0	0	0	1 200 000
Total Current Debt	2 122 000	1 712 000	271 000	396 000
Total Equity and Debt	472 000	143 000	1 190 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 824 000	4 955 000	5 179 000	4 436 000
Other Income	350 000	200 000	0	194 000
Revenue	5 174 000	5 155 000	5 179 000	4 630 000
Cost of Goods Sold	595 000	1 955 000	2 076 000	3 245 000
Salary Costs	2 921 000	3 141 000	2 314 000	842 000
Depreciation	10 000	10 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	5 271 000	7 639 000	6 540 000	6 119 000
Operating Profit	−98 000	−2 484 000	−1 362 000	−1 488 000
Financial Income	0	0	0	0
Financial Costs	18 000	2 000	93 000	7 000
Financial Balance	−18 000	−2 000	−93 000	−7 000
Dividends	0	0	0	0
Net Income	−82 000	−2 487 000	−1 454 000	−1 496 000

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	8 000	18 000	29 000	15 000
Total Tangible Assets	8 000	18 000	29 000	15 000
Total Fiancial Fixed Assets	65 000	0	0	0
Total Fixed Assets	73 000	18 000	29 000	15 000
Stock	318 000	28 000	188 000	23 000
Total Investments	0	0	0	0
Cash, Bank	81 000	78 000	928 000	193 000
Total Current Assets	399 000	125 000	1 161 000	234 000
Total Assets	472 000	143 000	1 190 000	248 000
Total Equity	−1 650 000	−1 568 000	918 000	−1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 200 000
Creditors	641 000	493 000	120 000	262 000
Unpaid Taxes	31 000	−65 000	−39 000	−300 000
Dividends	0	0	0	0
Other Current Debt	1 312 000	1 250 000	191 000	30 000
Total Current Debt	2 122 000	1 712 000	271 000	396 000
Total Equity and Debt	472 000	143 000	1 190 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	158,61 %	−158,39 %	110,98 %
Debt-to-Equity Ratio	−0	−0	0	−0,89
Operating Profit Margin	−1,89 %	−48,19 %	−26,3 %	−32,14 %
Current Ratio	0,19	0,07	4,28	0,59
Quick Ratio	0,22	0,07	13,99	0,63
Equity Ratio	−3,5	−10,97	0,77	−5,44
Gross Profit Margin	88,5 %	62,08 %	59,92 %	29,91 %