IVÅGEN AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

2,95 %

Current Ratio

3,19

Debt-to-Equity Ratio

5,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 000	204 000	450 000	488 000
Net Income	9 000	34 000	105 000	136 000
Total Assets	2 147 000	2 367 000	2 467 000	2 560 000
Total Equity	305 000	296 000	262 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 000	204 000	450 000	488 000
Expenditure	347 000	156 000	302 000	236 000
Operating Profit	21 000	48 000	149 000	253 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	4 000	14 000	79 000
Financial Balance	−9 000	−4 000	−14 000	−79 000
Earnings Before Tax	12 000	43 000	135 000	174 000
Tax	3 000	10 000	30 000	38 000
Net Income	9 000	34 000	105 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 960 000	2 059 000	2 142 000	2 238 000
Total Current Assets	188 000	308 000	325 000	322 000
Total Assets	2 147 000	2 367 000	2 467 000	2 560 000
Total Retained Equity	287 000	278 000	244 000	139 000
Total Equity	305 000	296 000	262 000	157 000
Total Long-Term Debt	1 783 000	2 011 000	2 141 000	2 323 000
Total Current Debt	59 000	60 000	64 000	81 000
Total Equity and Debt	2 147 000	2 367 000	2 467 000	2 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	358 000	200 000	441 000	477 000
Other Income	10 000	4 000	10 000	11 000
Revenue	368 000	204 000	450 000	488 000
Cost of Goods Sold	18 000	0	15 000	7 000
Salary Costs	4 000	0	20 000	19 000
Depreciation	99 000	98 000	96 000	80 000
Impairment	0	0	0	0
Expenditure	347 000	156 000	302 000	236 000
Operating Profit	21 000	48 000	149 000	253 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	4 000	14 000	79 000
Financial Balance	−9 000	−4 000	−14 000	−79 000
Dividends	0	0	0	0
Net Income	9 000	34 000	105 000	136 000

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	19 000	27 000	19 000	24 000
Fixtures	0	0	0	0
Total Tangible Assets	1 960 000	2 059 000	2 142 000	2 238 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 960 000	2 059 000	2 142 000	2 238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	307 000	200 000	194 000
Total Current Assets	188 000	308 000	325 000	322 000
Total Assets	2 147 000	2 367 000	2 467 000	2 560 000
Total Equity	305 000	296 000	262 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 783 000	2 011 000	2 141 000	2 323 000
Creditors	11 000	0	6 000	0
Unpaid Taxes	0	39 000	38 000	62 000
Dividends	0	0	0	0
Other Current Debt	48 000	21 000	20 000	19 000
Total Current Debt	59 000	60 000	64 000	81 000
Total Equity and Debt	2 147 000	2 367 000	2 467 000	2 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,95 %	11,49 %	40,08 %	86,62 %
Debt-to-Equity Ratio	5,85	6,79	8,17	14,8
Operating Profit Margin	5,71 %	23,53 %	33,11 %	51,84 %
Current Ratio	3,19	5,13	5,08	3,98
Quick Ratio	3,19	5,13	5,08	3,98
Equity Ratio	0,14	0,13	0,11	0,06
Gross Profit Margin	95,11 %	100 %	96,67 %	98,57 %