ISLAND DEFENDER AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

37,36 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 553 000	19 667 000	22 954 000	4 475 000
Net Income	1 150 000	−7 730 000	−15 823 000	−14 854 000
Total Assets	193 207 000	204 315 000	208 911 000	210 717 000
Total Equity	3 078 000	191 928 000	199 658 000	−14 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 553 000	19 667 000	22 954 000	4 475 000
Expenditure	25 583 000	26 899 000	34 891 000	16 378 000
Operating Profit	969 000	−7 232 000	−11 938 000	−11 904 000
Financial Income	630 000	750 000	86 000	3 000
Financial Costs	449 000	1 247 000	3 971 000	2 953 000
Financial Balance	181 000	−497 000	−3 885 000	−2 950 000
Earnings Before Tax	1 150 000	−7 730 000	−15 823 000	−14 854 000
Tax	0	0	0	0
Net Income	1 150 000	−7 730 000	−15 823 000	−14 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	190 000 000	192 932 000	200 499 000	204 964 000
Total Current Assets	3 207 000	11 383 000	8 412 000	5 754 000
Total Assets	193 207 000	204 315 000	208 911 000	210 717 000
Total Retained Equity	−37 282 000	−38 432 000	−30 702 000	−14 879 000
Total Equity	3 078 000	191 928 000	199 658 000	−14 849 000
Total Long-Term Debt	0	0	0	207 000 000
Total Current Debt	190 128 000	12 387 000	9 253 000	18 567 000
Total Equity and Debt	193 207 000	204 315 000	208 911 000	210 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 695 000	19 667 000	22 954 000	4 475 000
Other Income	6 857 000	0	0	0
Revenue	26 553 000	19 667 000	22 954 000	4 475 000
Cost of Goods Sold	7 315 000	9 201 000	9 247 000	0
Salary Costs	12 183 000	9 753 000	19 044 000	0
Depreciation	5 524 000	7 567 000	6 462 000	2 164 000
Impairment	0	0	0	0
Expenditure	25 583 000	26 899 000	34 891 000	16 378 000
Operating Profit	969 000	−7 232 000	−11 938 000	−11 904 000
Financial Income	630 000	750 000	86 000	3 000
Financial Costs	449 000	1 247 000	3 971 000	2 953 000
Financial Balance	181 000	−497 000	−3 885 000	−2 950 000
Dividends	0	0	0	0
Net Income	1 150 000	−7 730 000	−15 823 000	−14 854 000

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	192 932 000	0	0
Fixtures	0	0	0	1 557 000
Total Tangible Assets	0	192 932 000	200 499 000	204 964 000
Total Fiancial Fixed Assets	190 000 000	0	0	0
Total Fixed Assets	190 000 000	192 932 000	200 499 000	204 964 000
Stock	0	674 000	1 403 000	1 983 000
Total Investments	0	0	0	0
Cash, Bank	1 199 000	1 753 000	565 000	25 000
Total Current Assets	3 207 000	11 383 000	8 412 000	5 754 000
Total Assets	193 207 000	204 315 000	208 911 000	210 717 000
Total Equity	3 078 000	191 928 000	199 658 000	−14 849 000
Short-Term Group Debt	0	0	0	17 859 000
Total Long-Term Debt	0	0	0	207 000 000
Creditors	0	685 000	957 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	190 128 000	11 702 000	8 296 000	708 000
Total Current Debt	190 128 000	12 387 000	9 253 000	18 567 000
Total Equity and Debt	193 207 000	204 315 000	208 911 000	210 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,36 %	−4,03 %	−7,93 %	100,03 %
Debt-to-Equity Ratio	0	0	0	−13,94
Operating Profit Margin	3,65 %	−36,77 %	−52,01 %	−266,01 %
Current Ratio	0,02	0,92	0,91	0,31
Quick Ratio	0,02	0,97	1,07	0,35
Equity Ratio	0,02	0,94	0,96	−0,07
Gross Profit Margin	72,45 %	53,22 %	59,72 %	100 %