ICONEL AS

1458 FJELLSTRAND

Finances

Share Ownership

Return on Equity

4,77 %

Current Ratio

0,84

Debt-to-Equity Ratio

−1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 580 000	3 298 000	2 054 000	0
Net Income	−138 000	−527 000	−2 220 000	−22 000
Total Assets	1 661 000	1 907 000	2 092 000	14 000
Total Equity	−2 891 000	−2 752 000	−2 225 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 580 000	3 298 000	2 054 000	0
Expenditure	3 568 000	3 557 000	4 176 000	22 000
Operating Profit	12 000	−259 000	−2 121 000	−22 000
Financial Income	0	0	0	0
Financial Costs	150 000	268 000	99 000	0
Financial Balance	−150 000	−268 000	−99 000	0
Earnings Before Tax	−138 000	−527 000	−2 220 000	−22 000
Tax	0	0	0	0
Net Income	−138 000	−527 000	−2 220 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 036 000	1 253 000	1 470 000	0
Total Current Assets	626 000	654 000	622 000	14 000
Total Assets	1 661 000	1 907 000	2 092 000	14 000
Total Retained Equity	−2 907 000	−2 769 000	−2 241 000	−22 000
Total Equity	−2 891 000	−2 752 000	−2 225 000	−6 000
Total Long-Term Debt	3 805 000	3 659 000	3 320 000	0
Total Current Debt	747 000	1 001 000	997 000	20 000
Total Equity and Debt	1 661 000	1 907 000	2 092 000	14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 580 000	3 298 000	2 052 000	0
Other Income	0	0	2 000	0
Revenue	3 580 000	3 298 000	2 054 000	0
Cost of Goods Sold	1 030 000	826 000	1 593 000	0
Salary Costs	1 541 000	1 788 000	1 251 000	0
Depreciation	217 000	217 000	204 000	0
Impairment	0	0	0	0
Expenditure	3 568 000	3 557 000	4 176 000	22 000
Operating Profit	12 000	−259 000	−2 121 000	−22 000
Financial Income	0	0	0	0
Financial Costs	150 000	268 000	99 000	0
Financial Balance	−150 000	−268 000	−99 000	0
Dividends	0	0	0	0
Net Income	−138 000	−527 000	−2 220 000	−22 000

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	0	0	0
Fixtures	1 036 000	1 253 000	1 470 000	0
Total Tangible Assets	1 036 000	1 253 000	1 470 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 036 000	1 253 000	1 470 000	0
Stock	192 000	192 000	84 000	0
Total Investments	0	0	0	0
Cash, Bank	318 000	432 000	79 000	10 000
Total Current Assets	626 000	654 000	622 000	14 000
Total Assets	1 661 000	1 907 000	2 092 000	14 000
Total Equity	−2 891 000	−2 752 000	−2 225 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 805 000	3 659 000	3 320 000	0
Creditors	421 000	578 000	756 000	20 000
Unpaid Taxes	175 000	236 000	127 000	0
Dividends	0	0	0	0
Other Current Debt	151 000	187 000	115 000	0
Total Current Debt	747 000	1 001 000	997 000	20 000
Total Equity and Debt	1 661 000	1 907 000	2 092 000	14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,77 %	19,15 %	99,78 %	366,67 %
Debt-to-Equity Ratio	−1,32	−1,33	−1,49	−0
Operating Profit Margin	0,34 %	−7,85 %	−103,26 %	-
Current Ratio	0,84	0,65	0,62	0,7
Quick Ratio	1,13	0,81	0,68	0,7
Equity Ratio	−1,74	−1,44	−1,06	−0,43
Gross Profit Margin	71,23 %	74,95 %	22,44 %	-