IB MOTORSERVICE AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

13,66 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 581 000	7 678 000	7 617 000	7 674 000
Net Income	134 000	101 000	138 000	45 000
Total Assets	2 640 000	2 733 000	2 329 000	2 272 000
Total Equity	981 000	846 000	746 000	607 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 581 000	7 678 000	7 617 000	7 674 000
Expenditure	7 352 000	7 520 000	7 407 000	7 555 000
Operating Profit	229 000	158 000	211 000	119 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	56 000	28 000	34 000	56 000
Financial Balance	−56 000	−27 000	−33 000	−54 000
Earnings Before Tax	173 000	131 000	178 000	65 000
Tax	39 000	30 000	40 000	20 000
Net Income	134 000	101 000	138 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	475 000	332 000	382 000	332 000
Total Current Assets	2 166 000	2 401 000	1 946 000	1 939 000
Total Assets	2 640 000	2 733 000	2 329 000	2 272 000
Total Retained Equity	418 000	284 000	183 000	45 000
Total Equity	981 000	846 000	746 000	607 000
Total Long-Term Debt	375 000	270 000	379 000	461 000
Total Current Debt	1 284 000	1 617 000	1 204 000	1 204 000
Total Equity and Debt	2 640 000	2 733 000	2 329 000	2 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 575 000	7 675 000	7 617 000	7 674 000
Other Income	6 000	3 000	0	0
Revenue	7 581 000	7 678 000	7 617 000	7 674 000
Cost of Goods Sold	3 133 000	3 032 000	3 089 000	3 146 000
Salary Costs	2 435 000	2 748 000	2 669 000	2 765 000
Depreciation	72 000	51 000	63 000	19 000
Impairment	0	0	0	0
Expenditure	7 352 000	7 520 000	7 407 000	7 555 000
Operating Profit	229 000	158 000	211 000	119 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	56 000	28 000	34 000	56 000
Financial Balance	−56 000	−27 000	−33 000	−54 000
Dividends	0	0	0	0
Net Income	134 000	101 000	138 000	45 000

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	237 000	55 000	41 000	1 000
Fixtures	78 000	89 000	124 000	83 000
Total Tangible Assets	315 000	144 000	164 000	84 000
Total Fiancial Fixed Assets	160 000	188 000	218 000	249 000
Total Fixed Assets	475 000	332 000	382 000	332 000
Stock	1 536 000	1 474 000	1 314 000	1 171 000
Total Investments	0	0	0	0
Cash, Bank	86 000	111 000	254 000	101 000
Total Current Assets	2 166 000	2 401 000	1 946 000	1 939 000
Total Assets	2 640 000	2 733 000	2 329 000	2 272 000
Total Equity	981 000	846 000	746 000	607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	270 000	379 000	461 000
Creditors	283 000	483 000	572 000	426 000
Unpaid Taxes	426 000	409 000	356 000	509 000
Dividends	0	0	0	0
Other Current Debt	313 000	262 000	232 000	260 000
Total Current Debt	1 284 000	1 617 000	1 204 000	1 204 000
Total Equity and Debt	2 640 000	2 733 000	2 329 000	2 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,66 %	11,94 %	18,5 %	7,41 %
Debt-to-Equity Ratio	0,38	0,32	0,51	0,76
Operating Profit Margin	3,02 %	2,06 %	2,77 %	1,55 %
Current Ratio	1,69	1,48	1,62	1,61
Quick Ratio	−8,6	16,79	−17,69	58,76
Equity Ratio	0,37	0,31	0,32	0,27
Gross Profit Margin	58,67 %	60,51 %	59,45 %	59 %