INDUSTRIAL SERVICES NORWAY AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

−136,68 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 374 000	2 892 000	2 041 000	1 438 000
Net Income	−272 000	−436 000	−301 000	40 000
Total Assets	1 110 000	1 627 000	1 759 000	1 903 000
Total Equity	199 000	471 000	907 000	1 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 374 000	2 892 000	2 041 000	1 438 000
Expenditure	2 564 000	3 273 000	2 373 000	1 384 000
Operating Profit	−189 000	−381 000	−332 000	53 000
Financial Income	4 000	4 000	2 000	0
Financial Costs	87 000	59 000	2 000	3 000
Financial Balance	−83 000	−55 000	0	−3 000
Earnings Before Tax	−272 000	−436 000	−332 000	51 000
Tax	0	0	−31 000	11 000
Net Income	−272 000	−436 000	−301 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	418 000	662 000	1 099 000
Total Current Assets	997 000	1 210 000	1 097 000	804 000
Total Assets	1 110 000	1 627 000	1 759 000	1 903 000
Total Retained Equity	−801 000	−529 000	−93 000	168 000
Total Equity	199 000	471 000	907 000	1 208 000
Total Long-Term Debt	0	394 000	0	31 000
Total Current Debt	911 000	762 000	852 000	664 000
Total Equity and Debt	1 110 000	1 627 000	1 759 000	1 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 012 000	2 678 000	1 861 000	1 404 000
Other Income	363 000	215 000	181 000	34 000
Revenue	2 374 000	2 892 000	2 041 000	1 438 000
Cost of Goods Sold	675 000	1 406 000	505 000	202 000
Salary Costs	610 000	610 000	574 000	432 000
Depreciation	108 000	214 000	250 000	176 000
Impairment	0	0	0	0
Expenditure	2 564 000	3 273 000	2 373 000	1 384 000
Operating Profit	−189 000	−381 000	−332 000	53 000
Financial Income	4 000	4 000	2 000	0
Financial Costs	87 000	59 000	2 000	3 000
Financial Balance	−83 000	−55 000	0	−3 000
Dividends	0	0	0	0
Net Income	−272 000	−436 000	−301 000	40 000

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	105 000	406 000	646 000	1 079 000
Fixtures	8 000	12 000	16 000	20 000
Total Tangible Assets	113 000	418 000	662 000	1 099 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	113 000	418 000	662 000	1 099 000
Stock	627 000	456 000	299 000	0
Total Investments	0	0	0	0
Cash, Bank	161 000	387 000	315 000	299 000
Total Current Assets	997 000	1 210 000	1 097 000	804 000
Total Assets	1 110 000	1 627 000	1 759 000	1 903 000
Total Equity	199 000	471 000	907 000	1 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	394 000	0	31 000
Creditors	77 000	405 000	419 000	420 000
Unpaid Taxes	108 000	73 000	153 000	50 000
Dividends	0	0	0	0
Other Current Debt	268 000	285 000	280 000	194 000
Total Current Debt	911 000	762 000	852 000	664 000
Total Equity and Debt	1 110 000	1 627 000	1 759 000	1 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,68 %	−92,57 %	−33,19 %	3,31 %
Debt-to-Equity Ratio	0	0,84	0	0,03
Operating Profit Margin	−7,96 %	−13,17 %	−16,27 %	3,69 %
Current Ratio	1,09	1,59	1,29	1,21
Quick Ratio	3,51	3,95	1,98	1,21
Equity Ratio	0,18	0,29	0,52	0,63
Gross Profit Margin	71,57 %	51,38 %	75,26 %	85,95 %