IKM SUBSEA MOTOR SOLUTIONS AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

78,89 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 451 000	44 781 000	62 000	438 000
Net Income	3 850 000	−665 000	7 000	−23 000
Total Assets	29 888 000	23 896 000	146 000	310 000
Total Equity	4 880 000	1 030 000	30 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 451 000	44 781 000	62 000	438 000
Expenditure	58 620 000	45 425 000	60 000	460 000
Operating Profit	4 832 000	−645 000	1 000	−22 000
Financial Income	354 000	0	0	0
Financial Costs	250 000	207 000	0	2 000
Financial Balance	104 000	−207 000	0	−2 000
Earnings Before Tax	4 936 000	−852 000	1 000	−23 000
Tax	1 086 000	−187 000	−6 000	0
Net Income	3 850 000	−665 000	7 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 893 000	5 267 000	0	0
Total Current Assets	22 995 000	18 629 000	146 000	310 000
Total Assets	29 888 000	23 896 000	146 000	310 000
Total Retained Equity	1 381 000	−2 468 000	−16 000	−23 000
Total Equity	4 880 000	1 030 000	30 000	1 000
Total Long-Term Debt	395 000	0	0	26 000
Total Current Debt	24 613 000	22 866 000	116 000	284 000
Total Equity and Debt	29 888 000	23 896 000	146 000	310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 451 000	44 781 000	62 000	155 000
Other Income	0	0	0	283 000
Revenue	63 451 000	44 781 000	62 000	438 000
Cost of Goods Sold	35 550 000	30 420 000	0	139 000
Salary Costs	13 739 000	11 214 000	0	0
Depreciation	1 289 000	718 000	0	0
Impairment	0	0	0	0
Expenditure	58 620 000	45 425 000	60 000	460 000
Operating Profit	4 832 000	−645 000	1 000	−22 000
Financial Income	354 000	0	0	0
Financial Costs	250 000	207 000	0	2 000
Financial Balance	104 000	−207 000	0	−2 000
Dividends	0	0	0	0
Net Income	3 850 000	−665 000	7 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 400 000	2 700 000	0	0
Total Intangible Assets	2 608 000	3 755 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 285 000	1 477 000	0	0
Fixtures	0	35 000	0	0
Total Tangible Assets	4 285 000	1 512 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 893 000	5 267 000	0	0
Stock	13 056 000	8 587 000	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	117 000	10 000
Total Current Assets	22 995 000	18 629 000	146 000	310 000
Total Assets	29 888 000	23 896 000	146 000	310 000
Total Equity	4 880 000	1 030 000	30 000	1 000
Short-Term Group Debt	13 026 000	10 404 000	0	0
Total Long-Term Debt	395 000	0	0	26 000
Creditors	4 208 000	5 850 000	0	272 000
Unpaid Taxes	1 415 000	2 338 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 964 000	1 983 000	116 000	12 000
Total Current Debt	24 613 000	22 866 000	116 000	284 000
Total Equity and Debt	29 888 000	23 896 000	146 000	310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,89 %	−64,56 %	23,33 %	−2 300 %
Debt-to-Equity Ratio	0,08	0	0	26
Operating Profit Margin	7,62 %	−1,44 %	1,61 %	−5,02 %
Current Ratio	0,93	0,81	1,26	1,09
Quick Ratio	1,99	1,3	1,26	1,09
Equity Ratio	0,16	0,04	0,21	0
Gross Profit Margin	43,97 %	32,07 %	100 %	68,26 %